NOT LISTED FOR SALE

520 Switch Rd Wood River Junction, RI 02894

Estimated Value: $378,000 - $509,785

3 Beds
1 Bath
1,760 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $250,000 $142 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,875/month

40 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Cape Cod Architecture
  • Chariho High School Rated 10
  • Waterfront
  • Deck

About This Home

As of December 2023

Back on the Market! Estate Sale -This beautiful, private, freshwater waterfront property is on Meadowbrook Pond in the Carolina Management Area. Enjoy being in this extremely private one-acre-plus location with no visible neighbors behind, and only the pond in front! Enjoy all the seasons from this cozy 3-bed cottage on the pond WITH EXISTING DOCK. Enjoy as-is with rehabilitation or build your dream home on this beautiful slice of waterfront heaven. NO FHA OR VA FINANCING. CASH OR REHABILITATION LOANS ONLY. Meadow Brook Pond is a medium-sized, 23-acre pond on the edge of the Carolina Management Area. The west side of the pond has some houses along it but the east shore is wooded. Only non-motorized boats and boats powered with an electric motor are permitted on the pond. The pond is stocked with trout several times throughout the year.

Last Agent to Sell the Property

Erin Sheridan

Abbott Properties, LLC Listed on: 09/22/2023

Last Buyer's Agent

Kim Moitoza

BHHS New England Properties License #RES.0041610

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1942

Lot Details

  • 1.1 Acre Lot
  • Waterfront
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Cottage
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 520ASWITCHRDRICH

Community Details

Overview

  • Wood River Junction Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,777

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Inclusions: PROPERTY IS IN AN ESTATE. PROBATE OF WILL HAS BEEN DONE AND AUTHORITY FROM THE HEIRS HAS BEEN GIVEN TO SELL.
  • Subdivision Name: Wood River Junction
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Cabin/Cottage, Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1942
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1760.0
  • Dining Room Type: Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded, Waterfront
  • Waterfront Features: Dock Access, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 520ASWITCHRDRICH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1777.3
  • Tax Lot: 32
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Pierce Keith O
Bought by
Pierce Jarrod K
Current Estimated Value
$456,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,574
Outstanding Balance
$222,499
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,447

Purchase Details

Closed on
Feb 22, 2011
Sold by
Pierce Bonnie L
Bought by
Pierce Kieth O

Purchase Details

Closed on
Nov 24, 1993
Sold by
Glascoe Edith S
Bought by
Pierce Keith O and Pierce Bonnie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pierce Jarrod K $280,000 --
Pierce Kieth O -- --
Pierce Keith O $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Jarrod K $254,574
Previous Owner Pierce Keith O $226,500
Previous Owner Pierce Keith O $45,000
Previous Owner Pierce Keith O $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $250,000 -5.7% $142 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $265,000 0.0% $151 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $265,000 -- $151 / 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 $5,649 $385,100 $121,500 $263,600
2023 $5,684 $385,100 $121,500 $263,600
2022 $5,046 $245,200 $101,300 $143,900
2021 $5,056 $245,200 $101,300 $143,900
2020 $4,997 $245,200 $101,300 $143,900
2019 $4,905 $224,200 $97,200 $127,000
2018 $4,789 $224,200 $97,200 $127,000
2017 $4,663 $224,200 $97,200 $127,000
2016 $4,743 $219,900 $93,200 $126,700
2015 $4,635 $219,900 $93,200 $126,700
2014 $4,569 $218,200 $93,200 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Sheridan

    Seller's Agent in 2023

    Erin Sheridan

    Abbott Properties, LLC

    (401) 413-6794

    5 in this area

    72 Total Sales

    Erin Sheridan
    Section Image
  • Kim Moitoza

    Buyer's Agent in 2023

    Kim Moitoza

    BHHS New England Properties

    (401) 378-7599

    1 in this area

    16 Total Sales

    Kim Moitoza
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1344503

State-Wide MLS

APN: RICH-000010B-000031

Rhode Island Washington County Wood River Junction 02894

520 Switch Rd, Wood River Junction, RI

Not Listed for Sale

Detached

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