NOT LISTED FOR SALE

56 Sherman Rd Wakefield, RI 02879

Estimated Value: $618,000 - $717,000

2 Beds
1 Bath
772 Sq Ft
$845/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $281,000 $364 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,849/month

40 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • 1 Car Detached Garage

About This Home

As of July 2016

CLASSIC SNUG HARBOR HOUSE/COTTAGE WITH DEEDED ACCESS TO POINT JUDITH POND. SHORT WALK TO MARINAS AND POINT JUDITH POND WITH WINTER VIEWS OF THE POND. DOUBLE LOT IN A GREAT NEIGHBORHOOD.

Last Agent to Sell the Property

Paul Robinson

Compass License #RES.0034849 Listed on: 05/18/2016

Compass

Last Buyer's Agent

John Krekorian

Flagship Real Estate Advisors License #RES.0024980

Flagship Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 1938

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R20

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 56SHERMANRDSKNG

Community Details

Overview

  • Snug Harbor Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,562

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: SNUG HARBOR
  • Above Grade Finished Sq Ft: 772.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Living Area: 772.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank, Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 56SHERMANRDSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4562.0
  • Tax Lot: 41
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 28, 2016
Sold by
Margaret J Wells
Bought by
Egan Sean P and Egan Michele L
Seller's Agent
Paul Robinson
Compass
Buyer's Agent
John Krekorian
Flagship Real Estate Advisors
List Price
$280,000
Sold Price
$281,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$652,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,394
Avg. Annual Appreciation
9.60%
Original Mortgage
$224,800
Outstanding Balance
$179,364
Interest Rate
3.48%
Estimated Equity
$473,030
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
Egan Sean P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Sean P $224,800
Closed Egan Sean P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $281,000 +0.4% $364 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $280,000 -- $363 / 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 $4,679 $523,400 $364,100 $159,300
2024 $4,708 $426,100 $298,600 $127,500
2023 $4,708 $426,100 $298,600 $127,500
2022 $4,666 $426,100 $298,600 $127,500
2021 $4,003 $277,000 $184,000 $93,000
2020 $4,003 $277,000 $184,000 $93,000
2019 $4,003 $277,000 $184,000 $93,000
2018 $3,947 $251,700 $173,100 $78,600
2017 $3,733 $243,800 $173,100 $70,700
2016 $3,679 $243,800 $173,100 $70,700
2015 $3,534 $227,700 $157,400 $70,300
2014 $3,525 $227,700 $157,400 $70,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Robinson

    Seller's Agent in 2016

    Paul Robinson

    Compass

    (401) 207-5768

    8 in this area

    17 Total Sales

    Paul Robinson
    Section Image
  • John Krekorian

    Buyer's Agent in 2016

    John Krekorian

    Flagship Real Estate Advisors

    (401) 742-8339

    39 in this area

    92 Total Sales

    John Krekorian
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1126263

State-Wide MLS

APN: SKIN-008801-000000-000041

Rhode Island Washington County Wakefield 02879

56 Sherman Rd, Wakefield, RI

This home is located at 56 Sherman Rd, Wakefield, RI 02879 since 18 May 2016 and is currently estimated at $652,394, approximately $845 per square foot. This property was built in 1938. 56 Sherman Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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