NOT LISTED FOR SALE

62 Elm Rd Wakefield, RI 02879

Estimated Value: $517,000 - $618,327

2 Beds
1.5 Baths
1,632 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $415,000 $254 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,397/month

75 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Raised Ranch Architecture
  • Beach Access
  • Deck
  • Wood Flooring

About This Home

As of February 2022

Welcome to Ocean Ridge, one of South Kingstown's most desired neighborhoods for year round seaside living. This well built raised ranch home has an updated kitchen, newer hardwood floors, newer roof and tankless on demand hot water. The house sits on an oversized lot offering ample room for outdoor summer entertaining. Easily travel just a mile and a half to surf or lounge at Charlestown State beach or to the epic flat water fishing of Green Hill and Ninigret ponds. With a membership to the Ocean Ridge Civic Association you can enjoy access to 2 boat launches into Green Hill Pond, a new 20 boat marina, a private beach on Green Hill Pond with a reservable pavilion and convenient kayak/canoe storage.

Last Agent to Sell the Property

Jason Vickers

Lila Delman Compass License #REB.0019870 Listed on: 11/11/2021

Last Buyer's Agent

Chelsea Daniels

Williams & Stuart Real Estate License #RES.0045025

Williams & Stuart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1973

Lot Details

  • 0.69

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • 0.69 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 62ELMRDSKNG

Community Details

Overview

  • Ocean Ridge Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 816.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 816.0
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1632.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Water Access
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 62ELMRDSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4075.0
  • Tax Lot: 186
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 18, 2022
Sold by
Meegan John
Bought by
Franco Harry and Franco Keri
Seller's Agent
Jason Vickers
Lila Delman Compass
Buyer's Agent
Chelsea Daniels
Williams & Stuart Real Estate
List Price
$435,500
Sold Price
$415,000
Premium/Discount to List
-$20,500
-4.71%
Current Estimated Value
$560,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,832
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Jul 21, 2008
Sold by
Atsuko Frechette Est
Bought by
Meegan John and Kipnis Jerome B

Purchase Details

Closed on
Oct 7, 1988
Sold by
Katz Edward
Bought by
Frechette Jean Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
10.64%
Source: Public Records

Range of Values:

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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
Franco Harry $415,000 None Available
Meegan John -- None Available
Meegan John $235,000 --
Frechette Jean Pierre $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frechette Jean Pierre $234,096
Previous Owner Frechette Jean Pierre $27,000
Previous Owner Frechette Jean Pierre $82,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $415,000 -4.7% $254 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $435,500 -- $267 / 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 $5,093 $569,700 $358,000 $211,700
2024 $4,826 $436,700 $275,300 $161,400
2023 $4,826 $436,700 $275,300 $161,400
2022 $4,782 $436,700 $275,300 $161,400
2021 $4,162 $288,000 $168,000 $120,000
2020 $4,162 $288,000 $168,000 $120,000
2019 $4,162 $288,000 $168,000 $120,000
2018 $3,980 $253,800 $155,100 $98,700
2017 $3,886 $253,800 $155,100 $98,700
2016 $3,830 $253,800 $155,100 $98,700
2015 $3,709 $239,000 $141,000 $98,000
2014 $3,700 $239,000 $141,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Vickers

    Seller's Agent in 2022

    Jason Vickers

    Lila Delman Compass

    (401) 783-2400

    6 in this area

    45 Total Sales

    Jason Vickers
    Section Image

  • C

    Buyer's Agent in 2022

    Chelsea Daniels

    Williams & Stuart Real Estate

    (401) 864-0063

    1 in this area

    16 Total Sales

    Chelsea Daniels
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1298314

State-Wide MLS

APN: SKIN-008303-000000-000186

Rhode Island Washington County Wakefield 02879

62 Elm Rd, Wakefield, RI

This home is located at 62 Elm Rd, Wakefield, RI 02879 since 11 November 2021 and is currently estimated at $560,832, approximately $343 per square foot. This property was built in 1973. 62 Elm Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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