NOT LISTED FOR SALE

53 Alder Rd Wakefield, RI 02879

Estimated Value: $468,000 - $617,000

2 Beds
1 Bath
672 Sq Ft
$837/Sq Ft Est. Value

Last Sold May 02, 2018

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

Est. 94% increase in value since last sale

Current estimated payment $3,259/month

About This Home

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!!!

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
$562,363

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
$289,375
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,988

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
05/02/2018 05/02/18 Sold $290,000 +0.3% $432 / Sq Ft View Prior Sale
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 -- --

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

  • Erin Diaz

    Seller's Agent in 2018

    Erin Diaz

    Beaches & Backroads Realty

    (401) 862-9492

    6 in this area

    26 Total Sales

    Erin Diaz
    Section Image
  • Patrice Fenton

    Buyer's Agent in 2018

    Patrice Fenton

    Compass

    (401) 212-6166

    33 in this area

    56 Total Sales

    Patrice Fenton
    Section Image
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Map

Rhode Island Washington County Wakefield 02813

53 Alder Rd, Wakefield, RI

Not Listed for Sale

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