NOT LISTED FOR SALE

521 Big Water Rd Wakefield, RI 02879

Estimated Value: $915,000 - $957,000

4 Beds
2.5 Baths
2,648 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $815,000 $308 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,889/month

38 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Beach Access
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of May 2023

Spring is in the air at the Village At Indian Lake! Grab your paddles and swimming gear and get ready for some summer fun at the most desired neighborhood in all of South County. This 4 bedroom 2.5 bathroom, well-cared for Colonial sits on 3/4 acres and offers an open floor plan with plenty of rooms for entertaining family and friends. Cozy up to the see through double-sided fireplace in either the formal living room or large family room which has sliding doors opening to the deck and back yard area. The kitchen is bright and cheery with ample cabinet space and separate dining area. Steps from the kitchen lead you to a peaceful sunroom for year-round enjoyment. Upstairs you will find the primary bedroom suite with an updated modern bathroom and large walk-in closet, as well as two additional bedrooms separated by a Jack & Jill bathroom. The large BONUS room provides numerous possibilities! Association amenities include a sandy beach with dock and boat launch, club house, tennis/pickle ball, walking trails and more! 521 Big Water Road is a special place to call home and is ready for the next generation of memories~

Last Agent to Sell the Property

Linda Kaley

Compass / Lila Delman Compass License #RES.0031304 Listed on: 04/16/2023

Compass / Lila Delman Compass

Last Buyer's Agent

Caitlyn Wass

Residential Properties Ltd. License #RES.0044336

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,840

Year Built

  • Built in 1991

Lot Details

  • 0.7 Acre Lot
  • Cul-De-Sac
  • Property is zoned R80

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,648 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Zero Clearance Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 521BIGWATERRDSKNG

Community Details

Overview

  • Village At Indian Lake Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,840

Year Built

Built in 1991

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: Village at Indian Lake
  • Above Grade Finished Sq Ft: 2648.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Masonry, Tile, Zero Clearance
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 2648.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 295.0
  • Association Fee Frequency: Quarterly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30492.0
  • Parcel #: 521BIGWATERRDSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6840.0
  • Tax Lot: 19
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
May 26, 2023
Sold by
Phelps Craig D and Phelps Sharon M
Bought by
Prest Amy M and Prest Ryan E
Seller's Agent
Linda Kaley
Compass / Lila Delman Compass
Buyer's Agent
Caitlyn Wass
Residential Properties Ltd.
List Price
$775,000
Sold Price
$815,000
Premium/Discount to List
$40,000
5.16%
Views
45
Current Estimated Value
$936,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,186
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
May 13, 2021
Sold by
Phelps Craig B and Phelps Sharon M
Bought by
Craig & S Phelps Lt
Source: Public Records

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Range of Values:

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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
Prest Amy M $815,000 None Available
Craig & S Phelps Lt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps Craig B $294,000
Previous Owner Phelps Craig B $330,000
Previous Owner Phelps Craig B $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $815,000 +5.2% $308 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $775,000 -- $293 / 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 $6,903 $624,700 $194,200 $430,500
2023 $6,903 $624,700 $194,200 $430,500
2022 $6,840 $624,700 $194,200 $430,500
2021 $6,634 $459,100 $149,400 $309,700
2020 $6,634 $459,100 $149,400 $309,700
2019 $6,634 $459,100 $149,400 $309,700
2018 $6,593 $420,500 $143,000 $277,500
2017 $6,438 $420,500 $143,000 $277,500
2016 $6,345 $420,500 $143,000 $277,500
2015 $6,172 $397,700 $129,900 $267,800
2014 $6,156 $397,700 $129,900 $267,800
Source: Public Records

Agents Affiliated with this Home

  • Linda Kaley

    Seller's Agent in 2023

    Linda Kaley

    Compass / Lila Delman Compass

    (401) 742-4534

    8 in this area

    36 Total Sales

    Linda Kaley
    Section Image
  • Caitlyn Wass

    Buyer's Agent in 2023

    Caitlyn Wass

    Residential Properties Ltd.

    (401) 207-4365

    6 in this area

    38 Total Sales

    Caitlyn Wass
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1333135

State-Wide MLS

APN: SKIN-002601-000000-000019

Rhode Island Washington County Wakefield 02879

521 Big Water Rd, Wakefield, RI

This home is located at 521 Big Water Rd, Wakefield, RI 02879 since 16 April 2023 and is currently estimated at $936,186, approximately $353 per square foot. This property was built in 1991. 521 Big Water Rd is a home located in Washington County with nearby schools including South Kingstown High School, Monsignor Matthew Clarke Catholic Regional School, and South Shore School.

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