NOT LISTED FOR SALE

56 Lake Ave Wakefield, RI 02879

Estimated Value: $914,000 - $1,303,000

3 Beds
3 Baths
1,944 Sq Ft
$567/Sq Ft Est. Value

About This Home

This home is located at 56 Lake Ave, Wakefield, RI 02879 and is currently estimated at $1,102,656, approximately $567 per square foot. 56 Lake Ave is a home located in Washington County with nearby schools including South Kingstown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Simpson Brian D
Bought by
Simpson Brian D and Simpson Mccarthy
Current Estimated Value
$1,102,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Outstanding Balance
$380,154
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$722,502
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Simpson Brian D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Brian D $429,000
Source: Public Records

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 $8,552 $956,600 $359,000 $597,600
2024 $8,742 $791,100 $301,100 $490,000
2023 $8,742 $791,100 $301,100 $490,000
2022 $8,663 $791,100 $301,100 $490,000
2021 $8,836 $611,500 $245,700 $365,800
2020 $8,836 $611,500 $245,700 $365,800
2019 $8,836 $611,500 $245,700 $365,800
2018 $7,693 $490,600 $196,500 $294,100
2017 $7,511 $490,600 $196,500 $294,100
2016 $3,735 $247,500 $196,500 $51,000
2015 $3,795 $244,500 $188,500 $56,000
2014 $3,785 $244,500 $188,500 $56,000
Source: Public Records

Map

Rhode Island Washington County Wakefield 02879

56 Lake Ave, Wakefield, RI

This home is located at 56 Lake Ave, Wakefield, RI 02879 and is currently estimated at $1,102,656, approximately $567 per square foot. 56 Lake Ave is a home located in Washington County with nearby schools including South Kingstown High School.

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