Seller's Agent in 2022
Judith Callaghan
Mott & Chace Sotheby's Intl.
(401) 580-5371
3 in this area
16 Total Sales
55 Shadow Farm Way Wakefield, RI 02879
Estimated Value: $546,447 - $701,000
2
Beds
1.5
Baths
1,001
Sq Ft
$380/mo
HOA Fee
Highlights
- Marina
- Water Access
- Wood Flooring
- Golf Course Community
- Wooded Lot
- Cedar Closet
About This Home
As of May 2022Rare offering of original Caretaker's Cottage in Shadow Farm. Built in 1902 and renovated in 1976, the unit preserves the impressive architecture of another era, while providing all of today's modern conveniences. The 2 bedroom, 1 1/2 baths unit has had many upgrades since 1976, including bathrooms, kitchen, heating & cooling, hot water tank and hardwood flooring. Perfect location for those who enjoy the outdoors. The dock on Silver Lake, a fifty-acre , spring-fed lake, allows for easy access to kayaking, sailing and swimming in the summer and skating in the winter. With tennis courts on the property and easy access to the bike path, which goes from Narragansett to Kingston- who needs a Pelaton? Shadow Farm is located in downtown Wakefield: walk to the market, restaurants, shops, yoga and to the famous Brickley's Ice Cream shop. This location offers the best of both worlds: secluded country living and community!!
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0040420 Listed on: 01/06/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,646
Year Built
- Built in 1902
Lot Details
- Fenced
- Sprinkler System
- Wooded Lot
HOA Fees
- $380 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Stone Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,001 Sq Ft Home
- 2-Story Property
- Storage Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Cedar Closet
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Unassigned Parking
Outdoor Features
- Water Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Underground Utilities
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1-55
- Assessor Parcel Number 55SHADOWFARMWY55SKNG
Community Details
Overview
- 60 Units
- Shadow Farm/Silver Lke Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2022
Closed on
May 25, 2022
Sold by
Brown Marisa P
Bought by
Ryan Magdalena M
Seller's Agent
Judith Callaghan
Mott & Chace Sotheby's Intl.
Buyer's Agent
Nicole Maine
Lila Delman Compass
List Price
$495,000
Sold Price
$552,000
Premium/Discount to List
$57,000
11.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,862
Avg. Annual Appreciation
3.47%
Original Mortgage
$442,000
Outstanding Balance
$419,890
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,972
Purchase Details
Closed on
May 13, 1998
Sold by
Griffin Nancy K
Bought by
White Marisa P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,525
Interest Rate
7.08%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ryan Magdalena M | $552,000 | None Available | |
| White Marisa P | $119,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ryan Magdalena M | $442,000 | |
| Previous Owner | White Marisa P | $108,000 | |
| Previous Owner | White Marisa P | $113,525 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2022 05/25/22 | Sold | $552,000 | +11.5% | $551 / Sq Ft |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- |
| 04/08/2022 04/08/22 | For Sale | $495,000 | 0.0% | $495 / Sq Ft |
| 01/15/2022 01/15/22 | Pending | -- | -- | -- |
| 01/06/2022 01/06/22 | For Sale | $495,000 | -- | $495 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,233 | $585,300 | $0 | $585,300 |
| 2024 | $2,939 | $266,000 | $0 | $266,000 |
| 2023 | $2,939 | $266,000 | $0 | $266,000 |
| 2022 | $2,913 | $266,000 | $0 | $266,000 |
| 2021 | $3,646 | $252,300 | $0 | $252,300 |
| 2020 | $3,646 | $252,300 | $0 | $252,300 |
| 2019 | $3,646 | $252,300 | $0 | $252,300 |
| 2018 | $3,185 | $203,100 | $0 | $203,100 |
| 2017 | $3,109 | $203,100 | $0 | $203,100 |
| 2016 | $3,065 | $203,100 | $0 | $203,100 |
| 2015 | $2,820 | $181,700 | $0 | $181,700 |
| 2014 | $2,813 | $181,700 | $0 | $181,700 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Callaghan
-
Nicole Maine
Buyer's Agent in 2022
Nicole Maine
Lila Delman Compass
(401) 363-3710
53 in this area
265 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1300582
APN: SKIN-005703-000000-000001-000055
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