NOT LISTED FOR SALE

56 Shadow Farm Way Wakefield, RI 02879

Estimated Value: $540,600 - $569,000

2 Beds
2.5 Baths
1,015 Sq Ft
$335/mo HOA Fee

Last Sold January 12, 2021

Last sale price $362,000 $357 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,604/month

80 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Attic
  • Cul-De-Sac

About This Home

As of January 2021

Welcome to 56 Shadow Farm Way, a private complex with lush landscaping, you are directly on Silver Lake to enjoy kayaks, canoes, paddleboards or just relax and feel the stress melt away, the complex also offers tennis courts....just a short walk you will find the bike path which leads to many amzing discoveries in South County! Historic downtown is a short walk as well and you will find quaint shops and eateries to enjoy.
Hickory hardwoods grace the floors and lead you into the open living space - updated kitchen with cherry cabinets, granite counters, stainless appliances opens to the living and dining area....entertaining is a breeze, with a gorgeous hand-hewn poplar island to complete the space. Conveniently located on the first floor is the laundry an updated half bath. The condo is complete upstairs with 2 bedrooms and 2 full baths. With the location so close to area beaches, shopping, eateries you will not be disappointed!

Last Agent to Sell the Property

Heather Morrone

Coldwell Banker Coastal Homes License #RES.0035455 Listed on: 09/23/2020

Coldwell Banker Coastal Homes

Last Buyer's Agent

Jo-Ann Molinaro

RE/MAX Professionals License #RES.0027805

RE/MAX Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1902

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 57-3
  • Assessor Parcel Number 56SHADOWFARMWYSKNG

Community Details

Overview

  • 60 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,680

Year Built

Built in 1902

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Above Grade Finished Sq Ft: 1015.0
  • Building Name: Shadow Farm
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1902
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Skylights, Tub Shower, Cable TV
  • Living Area: 1015.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System
  • Waterfront Features: Dock Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee: 335.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 56SHADOWFARMWYSKNG
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 60

Tax Info

  • Tax Annual Amount: 3680.42
  • Tax Lot: 57-3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Salisbury Donna J
Bought by
Donna Jean Salisbury Lt and Salisbury
Current Estimated Value
$549,650

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 5, 2021
Sold by
Lillibridge Randy S and Lillibridge Heather M
Bought by
Salisbury Russell J and Salisbury Donna J
Seller's Agent
Heather Morrone
Coldwell Banker Coastal Homes
Buyer's Agent
Jo-Ann Molinaro
RE/MAX Professionals
List Price
$399,000
Sold Price
$362,000
Premium/Discount to List
-$37,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$137,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2015
Sold by
Disantis David P
Bought by
Lillibridge Randy S and Lillibridge Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Farali Robert A and Farali Beverly M
Bought by
Raviele Donna L
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
Donna Jean Salisbury Lt -- None Available
Donna Jean Salisbury Lt -- None Available
Salisbury Russell J $362,000 None Available
Salisbury Russell J $362,000 None Available
Lillibridge Randy S $250,000 --
Lillibridge Randy S $250,000 --
Raviele Donna L $113,500 --
Raviele Donna L $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salisbury Russell J $137,000
Previous Owner Raviele Donna L $47,000
Previous Owner Raviele Donna L $25,000
Previous Owner Raviele Donna L $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $362,000 -9.3% $357 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $399,000 -- $393 / 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
2025 $4,365 $488,200 $0 $488,200
2024 $3,809 $344,700 $0 $344,700
2023 $3,809 $344,700 $0 $344,700
2022 $3,774 $344,700 $0 $344,700
2021 $3,680 $254,700 $0 $254,700
2020 $3,680 $254,700 $0 $254,700
2019 $3,680 $254,700 $0 $254,700
2018 $3,214 $205,000 $0 $205,000
2017 $3,139 $205,000 $0 $205,000
2016 $3,093 $205,000 $0 $205,000
2015 $2,677 $172,500 $0 $172,500
2014 -- $172,500 $0 $172,500
Source: Public Records

Agents Affiliated with this Home

  • Heather Morrone

    Seller's Agent in 2021

    Heather Morrone

    Coldwell Banker Coastal Homes

    (401) 578-2358

    1 in this area

    88 Total Sales

    Heather Morrone
    Section Image
  • Jo-Ann Molinaro

    Buyer's Agent in 2021

    Jo-Ann Molinaro

    RE/MAX Professionals

    (401) 767-2431

    1 in this area

    117 Total Sales

    Jo-Ann Molinaro
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1265261

State-Wide MLS

APN: SKIN-005703-000000-000001-000056

Rhode Island Washington County Wakefield 02879

56 Shadow Farm Way, Wakefield, RI

This home is located at 56 Shadow Farm Way, Wakefield, RI 02879 since 23 September 2020 and is currently estimated at $549,650, approximately $541 per square foot. This property was built in 1902. 56 Shadow Farm Way is a home located in Washington County with nearby schools including South Kingstown High School, Monsignor Matthew Clarke Catholic Regional School, and Bradley School-South.

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