NOT LISTED FOR SALE

681 Middlebridge Rd Wakefield, RI 02879

Estimated Value: $1,273,000 - $1,871,088

3 Beds
2 Baths
4,238 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $475,000 $112 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $9,846/month

166 Days on Market

Highlights

  • Marina
  • Waterfront
  • Attic
  • River Access
  • Wood Flooring
  • 1-minute walk to Treaty Rock Park

About This Home

As of June 2018

Enjoy unobstructed water views and magnificent sunrises 365 days a year from this easterly facing waterfront property. Two Family OR convert to Single family home. Almost half acre of land with approximately 150 feet of waterfront. Dock for two or more boats with open ocean access plus kayaks and paddleboards on the river. Newer roof and furnace. Side by side. Main house has two bedrooms, but plenty of room to add up to three more bedrooms. Newly installed interior water prevention system in full main house basement. The smaller unit is on a slab with one to two bedrooms. It requires total rehab. Renovate to make this property your own, while enjoying rental income to pay part of the mortgage. Or consider renovating for larger one family full time or vacation home. Connected water and sewer. Natural gas available on street. Minutes to white sandy beaches, restaurants, marinas and South County amenities. Take your boat from your private dock to the beach. This property is all about the magnificent location!

Last Agent to Sell the Property

Karen Catuogno

Abbott Properties, LLC License #REB.0018061 Listed on: 12/07/2017

Last Buyer's Agent

Lauren Goldman

RE/MAX Real Estate Center License #RES.0034734

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,738

Year Built

  • Built in 1945

Lot Details

  • 0.42 Acre Lot
  • Waterfront

Home Design

  • Clapboard
  • Plaster

Interior Spaces

  • 4,238 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • River Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 681683MIDDLEBRIDGERDSKNG

Community Details

Overview

  • 4 Units
  • Middlebridge/Narrow River Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,738

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Subdivision Name: Middlebridge/Narrow River
  • Above Grade Finished Sq Ft: 4238.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Internal Expansion
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Dock Access, River Access, Water Access, Waterfront, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 681683MIDDLEBRIDGERDSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5738.0
  • Tax Lot: 94
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jun 21, 2018
Sold by
Jones Kenneth H and Burbank Barbara A
Bought by
Lithway Brian D and Lithway Joan B
Seller's Agent
Karen Catuogno
Abbott Properties, LLC
Buyer's Agent
Lauren Goldman
RE/MAX Real Estate Center
List Price
$540,000
Sold Price
$475,000
Premium/Discount to List
-$65,000
-12.04%
Total Days on Market
166
Current Estimated Value
$1,552,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,077,522
Avg. Annual Appreciation
18.46%
Original Mortgage
$356,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Jones Margaret E and Burbank Barbara A
Bought by
Burbank Barbara A and Jones Kenneth H

Purchase Details

Closed on
Mar 14, 1986
Bought by
Burbank Barbara A and Burbank Jones
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
Lithway Brian D $475,000 --
Burbank Barbara A -- --
Burbank Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lithway Brian D $340,000
Closed Burbank Barbara A $356,250
Previous Owner Burbank Barbara A $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $475,000 -12.0% $112 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $540,000 -- $127 / 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 $14,079 $1,274,100 $424,400 $849,700
2023 $14,079 $1,274,100 $424,400 $849,700
2022 $8,891 $812,000 $424,400 $387,600
2021 $6,000 $415,200 $253,900 $161,300
2020 $6,000 $415,200 $253,900 $161,300
2019 $6,000 $415,200 $253,900 $161,300
2018 $5,877 $374,800 $236,200 $138,600
2017 $5,738 $374,800 $236,200 $138,600
2016 $5,656 $374,800 $236,200 $138,600
2015 $5,901 $380,200 $230,700 $149,500
2014 $5,885 $380,200 $230,700 $149,500
Source: Public Records

Agents Affiliated with this Home

  • Karen Catuogno

    Seller's Agent in 2018

    Karen Catuogno

    Abbott Properties, LLC

    (714) 726-6653

    4 in this area

    18 Total Sales

    Karen Catuogno
    Section Image
  • Lauren Goldman

    Buyer's Agent in 2018

    Lauren Goldman

    RE/MAX Real Estate Center

    (508) 241-7285

    35 Total Sales

    Lauren Goldman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1179083

State-Wide MLS

APN: SKIN-003504-000000-000094

Rhode Island Washington County Wakefield 02879

681 Middlebridge Rd, Wakefield, RI

This home is located at 681 Middlebridge Rd, Wakefield, RI 02879 since 07 December 2017 and is currently estimated at $1,552,522, approximately $366 per square foot. This property was built in 1945. 681 Middlebridge Rd is a home located in Washington County with nearby schools including South Kingstown High School, Quest Montessori School, and Monsignor Matthew Clarke Catholic Regional School.

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