NOT LISTED FOR SALE

61 Ocean Ave Wakefield, RI 02879

Estimated Value: $1,259,000 - $1,797,000

3 Beds
2 Baths
1,680 Sq Ft
$897/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $950,000 $565 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,099/month

37 Days on Market

Highlights

  • Beach Front
  • Spa
  • Deck
  • Water Access
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of August 2019

Unobstructed, panoramic ocean views from the Point Judith Lighthouse to the Block Island Sand Cliffs. This rarely available double size lot in the desirable Matunuck Point area has true indoor/outdoor living all on one level. Expansive doors & windows in most rooms, draws the outside in. The 1,000 square foot deck which incorporates additional living & dining areas as well as a hot tub & outside shower creates a fabulous entertainment area with unparalleled sweeping ocean views. Additional lawn area creates space for fun summer games......& possible tent for a family event? This tastefully done home is being sold furnished & fully equipped. The attic area (also with ocean views) can be accessed from an internal stairway & could be used for an extended summer living area, such as an office, artist loft, exercise area or more. The Matunuck Point Beach Association offers a community clubhouse, access to Potter's Pond for your kayak, canoe; and, access to ocean beach. This beautifully appointed, one-of-a-kind home & unique location with it's sweeping ocean views & short walk to ocean beach is not a drive-by; but, a must see!

Last Agent to Sell the Property

Lorraine Randall

Compass License #RES.0019229 Listed on: 05/25/2019

Compass

Last Buyer's Agent

Lisa Chaloux

Coldwell Banker Realty License #RES.0034495

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,596

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Beach Front
  • Property is zoned R20

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Thermal Windows
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 61OCEANAVSKNG

Community Details

Overview

  • Matunuck Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,596

Year Built

Built in 1971

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Matunuck Point
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Skylights, Tub Shower, Furnished
  • Living Area: 1680.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 1
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • Total Parking Spaces: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Recreation Area, Clubhouse
  • Senior Community: No
  • Association Fee: 150.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: 61OCEANAVSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9596.0
  • Tax Lot: 171
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Orientale Eugene and Orientale Jean C
Bought by
Eugene and Eugene Jean C
Current Estimated Value
$1,507,100

Purchase Details

Listed on
May 25, 2019
Closed on
Aug 1, 2019
Sold by
Kollmeyer Ft
Bought by
Orientale Eugene and Orientale Jean C
Seller's Agent
Lorraine Randall
Compass
Buyer's Agent
Lisa Chaloux
Coldwell Banker Realty
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Kollmeyer Richard S and Kollmeyer Lori K
Bought by
Kollmeyer Ft

Purchase Details

Closed on
Oct 18, 2004
Sold by
Gridley Lewis R
Bought by
Kollmeyer Richard S and Kollmeyer Lori K
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
Eugene -- None Available
Eugene -- None Available
Orientale Eugene $950,000 --
Kollmeyer Ft -- --
Kollmeyer Richard S $750,000 --
Kollmeyer Ft -- --
Kollmeyer Richard S $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orientale Eugene $730,000
Previous Owner Orientale Eugene $738,000
Previous Owner Kollmeyer Richard S $403,000
Previous Owner Kollmeyer Richard S $411,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $950,000 -4.5% $565 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $995,000 -- $592 / 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 $10,494 $949,700 $703,100 $246,600
2023 $10,494 $949,700 $703,100 $246,600
2022 $10,399 $949,700 $703,100 $246,600
2021 $10,872 $752,400 $573,400 $179,000
2020 $10,872 $752,400 $573,400 $179,000
2019 $10,872 $752,400 $573,400 $179,000
2018 $9,596 $612,000 $458,800 $153,200
2017 $9,370 $612,000 $458,800 $153,200
2016 $9,235 $612,000 $458,800 $153,200
2015 $9,936 $640,200 $488,800 $151,400
2014 $9,910 $640,200 $488,800 $151,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lorraine Randall

    Compass

    Section Image
  • Lisa Chaloux

    Buyer's Agent in 2019

    Lisa Chaloux

    Coldwell Banker Realty

    (860) 997-7767

    4 in this area

    72 Total Sales

    Lisa Chaloux
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1224652

State-Wide MLS

APN: SKIN-009301-000000-000171

Rhode Island Washington County Wakefield 02879

61 Ocean Ave, Wakefield, RI

This home is located at 61 Ocean Ave, Wakefield, RI 02879 since 25 May 2019 and is currently estimated at $1,507,100, approximately $897 per square foot. This property was built in 1971. 61 Ocean Ave is a home located in Washington County with nearby schools including South Kingstown High School.

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