NOT LISTED FOR SALE

56 Arbor Way Wakefield, RI 02879

Estimated Value: $594,894 - $699,000

3 Beds
2 Baths
1,624 Sq Ft
$397/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $388,000 $239 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,951/month

10 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Tankless Water Heater
  • 3-minute walk to South Kingstown Dog Park

About This Home

As of December 2019

Spacious Ranch In South County " The Oaks " This Spacious Ranch Offers Large Double Living Room With A Brick Fire Place , Dining Room , Spacious Kitchen With Custom Made Cabinets , Granite Counter Tops , Large Den With ( 2 ) Sliders To Deck , 3 Beds Rooms Master With Full Bath , Hardwoods Throughout , This Home Offers A Lochinvar High Efficient Heat An Hot Water System , Hot Water On Demand ! Roof Is 10 Yrs. Young (1) Layer , This Well Maintained Home Situated In The Desirable "Oaks" Is Minutes To Narragansett Beach , Rose Hill Par 3 Golf Corse , Walking Distance To Town Local Shops An Restaurants And Schools , 10 Minutes To Silva Spring & Ram Point Marina .... This Large Spacious Ranch Is A Must See

Last Agent to Sell the Property

Victoria Calabro

Century 21 Shoreline License #RES.0029162 Listed on: 11/05/2019

Century 21 Shoreline

Last Buyer's Agent

Dina Karousos

Gustave White Sotheby's Realty

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1973

Lot Details

  • 0.46

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Tankless Water Heater

Additional Features

  • Deck
  • 0.46 Acre Lot

Community Details

  • Oaks Subdivision

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 56ARBORWYSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Oaks
  • Above Grade Finished Sq Ft: 1624.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1624.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.0
  • Parcel #: 56ARBORWYSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 240
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 16, 2019
Sold by
Jenison Thomas L
Bought by
Fails Seth R and Fails Emily K
Seller's Agent
Victoria Calabro
Century 21 Shoreline
Buyer's Agent
Dina Karousos
Gustave White Sotheby's Realty
List Price
$386,500
Sold Price
$388,000
Premium/Discount to List
$1,500
0.39%
Current Estimated Value
$644,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,724
Avg. Annual Appreciation
8.22%
Original Mortgage
$368,600
Outstanding Balance
$331,074
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,824
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
Fails Seth R $388,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fails Seth R $368,600
Previous Owner Jenison Thomas L $250,000
Previous Owner Jenison Thomas L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $388,000 +0.4% $239 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $386,500 -- $238 / 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 $4,470 $404,500 $174,300 $230,200
2023 $4,470 $404,500 $174,300 $230,200
2022 $4,429 $404,500 $174,300 $230,200
2021 $4,452 $308,100 $134,100 $174,000
2020 $4,452 $308,100 $134,100 $174,000
2019 $4,452 $308,100 $134,100 $174,000
2018 $4,351 $277,500 $128,200 $149,300
2017 $4,249 $277,500 $128,200 $149,300
2016 $4,187 $277,500 $128,200 $149,300
2015 $3,953 $254,700 $116,600 $138,100
2014 $3,943 $254,700 $116,600 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1240600

State-Wide MLS

APN: SKIN-004902-000000-000040