NOT LISTED FOR SALE

72 River St Wakefield, RI 02879

Estimated Value: $413,000 - $506,192

2 Beds
1 Bath
1,130 Sq Ft
$420/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $330,500 $292 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,804/month

12 Days on Market

Highlights

  • River Access
  • Wood Flooring
  • 1 Car Detached Garage
  • Waterfront
  • Cottage
  • Window Unit Cooling System

About This Home

As of June 2021

Sitting on the banks of the Saugatucket River in the historic village of Wakefield, the very picture of bucolic life, this saltbox cottage is waiting for you to make it home. Gleaming hardwoods, butcher block countertops, one bedroom on the first floor with a brick fireplace, one upstairs encompassing the entire second floor. Dining room, living room, home office space...walk to beautiful downtown Wakefield, and just 2 and half miles from the ocean! Complete this package with detached one-car garage, perfect for protecting your vehicle, creating that home studio you've been dreaming, or a fantastic workshop for all those projects you've been wanting to get to...small town living, for an amazingly affordable price! Some exterior tlc and this will be perfect whether you're downsizing, retiring, or investing in that rental property you've always wanted. Call now for a showing.

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 05/11/2021

Engel & Volkers Oceanside

Last Buyer's Agent

Betsy Alexander

RI Real Estate Services License #RES.0033196

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 72RIVERSTSKNG

Community Details

Overview

  • Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Wakefield
  • Above Grade Finished Sq Ft: 1130.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1130.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 72RIVERSTSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2948.0
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 23, 2021
Sold by
Miller Lydia
Bought by
Shorrock Kathryn
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Betsy Alexander
RI Real Estate Services
List Price
$300,000
Sold Price
$330,500
Premium/Discount to List
$30,500
10.17%
Current Estimated Value
$474,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,548
Avg. Annual Appreciation
8.75%
Original Mortgage
$264,400
Outstanding Balance
$239,381
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,667

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 31, 2020
Sold by
Laversa Dennis
Bought by
Miller Lydia
Seller's Agent
Medelise Reifsteck
RE/MAX FLAGSHIP, INC.
Buyer's Agent
The DiSpirito Team
Engel & Volkers Oceanside
List Price
$269,000
Sold Price
$272,000
Premium/Discount to List
$3,000
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.42%
Original Mortgage
$152,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2009
Sold by
Cianci Edward A and Short Joseph
Bought by
Laversa Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,195
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2009
Sold by
Us Bk
Bought by
Cianci Edward A and Short Joseph

Purchase Details

Closed on
Sep 25, 2009
Sold by
Us Bk
Bought by
Us Bk and Aegis Asset Backed Sec
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
Shorrock Kathryn $330,500 None Available
Miller Lydia $272,000 None Available
Laversa Dennis $142,195 --
Cianci Edward A $118,500 --
Us Bk $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shorrock Kathryn $264,400
Previous Owner Miller Lydia $152,000
Previous Owner Us Bk $8,500
Previous Owner Us Bk $142,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $330,500 +10.2% $292 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $300,000 +10.3% $265 / Sq Ft
08/12/2020 08/12/20 Sold $272,000 +1.1% $241 / Sq Ft View Prior Sale
07/13/2020 07/13/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $269,000 -- $238 / 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 $3,495 $390,900 $149,300 $241,600
2024 $3,409 $308,500 $114,900 $193,600
2023 $3,409 $308,500 $114,900 $193,600
2022 $3,368 $307,600 $114,900 $192,700
2021 $2,954 $204,400 $94,600 $109,800
2020 $2,954 $204,400 $94,600 $109,800
2019 $2,954 $204,400 $94,600 $109,800
2018 $2,862 $182,500 $91,500 $91,000
2017 $2,794 $182,500 $91,500 $91,000
2016 $2,754 $182,500 $91,500 $91,000
2015 $2,688 $173,200 $86,000 $87,200
2014 $2,681 $173,200 $86,000 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282253

State-Wide MLS

APN: SKIN-005701-000000-000010