NOT LISTED FOR SALE

53 Alder Rd Wakefield, RI 02879

Estimated Value: $526,000 - $576,000

2 Beds
1 Bath
672 Sq Ft
$812/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $290,000 $432 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,259/month

21 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Flooring
  • Golf Course Community
  • Deck
  • Attic

About This Home

As of May 2018

Absolutely stunning cottage in the Ocean Ridge beach community! Completely remodeled from top to bottom, this 2 bedroom 1 bathroom home offers membership rights to Green Hill Pond where members have access to a private beach, pavilion, 2 boat launches & marina!!! Inside this tastefully remodeled home you have wood-look tile throughout the main living area for easy maintenance, stainless steel kitchen with granite counters and white shaker cabinets, an open floor plan for entertaining and gatherings, 2 good sized bedrooms with full closets, and a full bathroom with a glass-enclosed walk-in shower and bluetooth speaker!!! Need even more storage? This home has a full basement with bulkhead access for all of your outdoor & recreation equipment plus full a laundry area with washer & dryer!!! Being just minutes from the beach, who doesn't love the outdoor shower after a sun & sand filled day of fun??? This home is completely turn key!!! From the maintenance free vinyl exterior & vinyl windows, a beautifully remodeled interior & comfy decor... oh yes, this home is available COMPLETELY FURNISHED!!!... Just bring your suitcase and relax because there is nothing to do!!!

Last Agent to Sell the Property

Erin Diaz

Beaches & Backroads Realty License #REC.0016764 Listed on: 03/11/2018

Last Buyer's Agent

Patrice Fenton

Compass License #RES.0015613

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,129

Year Built

  • Built in 1979

Lot Details

  • 4,791 Sq Ft Lot
  • Property is zoned R30

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 83-2
  • Assessor Parcel Number 53ALDERRDSKNG

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Ocean Ridge Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,129

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 672.0
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 53ALDERRDSKNG
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3129.0
  • Tax Lot: 83-2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Lyons Patrick J
Bought by
Summa Nicholas and Ryan-Summa Colleen
Current Estimated Value
$545,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,200
Outstanding Balance
$290,632
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,246

Purchase Details

Closed on
Apr 16, 2010
Sold by
Alahverdian Michael
Bought by
Valliere Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Cisek Russell P and Cisek Brenda L
Bought by
Alahverdian Michael
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
Summa Nicholas $401,500 None Available
Summa Nicholas $401,500 None Available
Summa Nicholas $401,500 None Available
Valliere Debra $156,000 --
Alahverdian Michael $97,000 --
Valliere Debra $156,000 --
Alahverdian Michael $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summa Nicholas $321,200
Closed Summa Nicholas $321,200
Previous Owner Alahverdian Michael $128,700
Previous Owner Alahverdian Michael $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $290,000 +0.3% $432 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $289,000 0.0% $430 / Sq Ft
12/09/2014 12/09/14 For Rent $1,200 0.0% --
12/09/2014 12/09/14 Rented $1,200 -- --
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
2025 $4,384 $490,400 $282,600 $207,800
2024 $4,140 $374,700 $217,300 $157,400
2023 $4,140 $374,700 $217,300 $157,400
2022 $4,103 $374,700 $217,300 $157,400
2021 $3,546 $245,400 $132,800 $112,600
2020 $3,546 $245,400 $132,800 $112,600
2019 $3,546 $245,400 $132,800 $112,600
2018 $3,279 $209,100 $122,600 $86,500
2017 $3,129 $204,400 $122,600 $81,800
2016 $3,084 $204,400 $122,600 $81,800
2015 $2,986 $192,400 $111,500 $80,900
2014 $2,978 $192,400 $111,500 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1184322

State-Wide MLS

APN: SKIN-008302-000000-000005