NOT LISTED FOR SALE

52 Lake St Wakefield, RI 02879

Estimated Value: $776,000 - $1,055,000

4 Beds
2.5 Baths
2,881 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $587,000 $204 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,300/month

151 Days on Market

Highlights

  • Marina
  • Victorian Architecture
  • Recreation Facilities
  • Wood Flooring
  • Attic
  • Workshop

About This Home

As of March 2021

Classic Victorian charm w/ all the luxuries of a modern floor plan and updated interior right in the heart of "walkable" Wakefield. Welcoming front porch, beautifully landscaped yard and a generous back deck all perfect for entertaining. Interior completely gutted and redone with many flourishes including intricate stained glass interior panels by local artist, original moldings, French doors and mission style light fixtures. Four Bedrooms, one with half bath on main floor which would be perfect for remote schooling or work. A stacked washer/dryer is tucked in hall closet on second floor so there is no need to travel to the basement for laundry. Custom walk in closets in two of the BR's and spa-like bath in Master Bedroom. All updated electrical, plumbing, brand new energy efficient boiler just installed, and 2 zone remote setting "Nest" heating/cooling system. Hand hewn granite stone block foundation with cement tuck pointed basement is the full length and width of the house and has hook-ups for additional washer/dryer, plenty of storage for toys or even a workshop. Even an external generator hook-up for peace of mind. Drop down attic stairs lead to plenty of storage with blown in insulation. Two out buildings, a garage with workshop area to the side and back and even an original chicken coop. Walk to downtown, shops, restaurants and bike path. Just minutes to many of the state's best beaches. No need to renovate, the work has all been done for you, just move in and enjoy!

Last Agent to Sell the Property

Teresa Tanzi

Edge Realty RI License #RES.0042321 Listed on: 09/11/2020

Last Buyer's Agent

Gina Howarth

HomeSmart Professionals

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1875

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R-10

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Walking Distance to Water
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • 220 Volts
  • 200+ Amp Service
  • Power Generator
  • Oil Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 52LAKESTSKNG

Community Details

Overview

  • Downtown Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,830

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Downtown Wakefield
  • Above Grade Finished Sq Ft: 1924.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1875
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 957.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 2881.0
  • Dining Room Type: Bathroom, Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Porch, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 52LAKESTSKNG
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Tax Info

  • Tax Annual Amount: 4830.4
  • Tax Lot: 20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Mar 12, 2021
Sold by
Arron Brett L
Bought by
Gabel Alan C and Carreia-Gabel Annice
Seller's Agent
Teresa Tanzi
Edge Realty RI
Buyer's Agent
Gina Howarth
HomeSmart Professionals
List Price
$649,998
Sold Price
$587,000
Premium/Discount to List
-$62,998
-9.69%
Current Estimated Value
$874,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,462
Avg. Annual Appreciation
8.92%
Original Mortgage
$469,600
Outstanding Balance
$425,719
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$434,167

Purchase Details

Closed on
Jun 14, 2006
Sold by
Gordon Donald G
Bought by
Aaron Brett L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Schoonover Kermit Est
Bought by
Gordon Donald G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gabel Alan C $587,000 None Available
Aaron Brett L $425,000 --
Gordon Donald G $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabel Alan C $469,600
Previous Owner Gordon Donald G $372,100
Previous Owner Gordon Donald G $403,750
Previous Owner Gordon Donald G $50,000
Previous Owner Gordon Donald G $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $587,000 -9.7% $204 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
09/11/2020 09/11/20 For Sale $649,998 -- $226 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,417 $580,700 $187,500 $393,200
2023 $6,417 $580,700 $187,500 $393,200
2022 $6,359 $580,700 $187,500 $393,200
2021 $5,264 $364,300 $141,200 $223,100
2020 $5,264 $364,300 $141,200 $223,100
2019 $5,264 $364,300 $141,200 $223,100
2018 $4,397 $280,400 $130,500 $149,900
2017 $4,293 $280,400 $130,500 $149,900
2016 $4,231 $280,400 $130,500 $149,900
2015 $4,128 $266,000 $118,500 $147,500
2014 $4,104 $265,100 $118,500 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1264304

State-Wide MLS

APN: SKIN-005704-000000-000020