NOT LISTED FOR SALE

76 Hemlock Rd Wakefield, RI 02879

Estimated Value: $547,000 - $584,171

3 Beds
1.5 Baths
1,404 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $375,000 $267 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,377/month

24 Days on Market

Highlights

  • Furnished
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room
  • Game Room
  • Bathtub with Shower
  • Baseboard Heating

About This Home

As of July 2021

Welcome to the "Summer School" beach cottage in the quaint Ocean Ridge neighborhood of South Kingstown, property has deeded access to the Green Hill Pond Beach & Pavilion which is under a mile away. Summer School offers 3 bedrooms and 1 and a half baths on a quiet street, just minutes to the nicest beaches Rhode Island has to offer. Upper level consists of a living room, 2 bedrooms, a full bath, kitchen and a spacious screened in back porch for those warm summer nights. The lower level has full sized windows, laundry, a third bedroom and a good sized room that can be used as a family room or a bunk room for all of your beach going guests. This property is an instant money maker for AIRBNB, weekly summer rentals or a family getaway! Home can come semi-furnished so all you need to do is bring your tooth brush!!!

Last Agent to Sell the Property

Noah Donnelly

RI Real Estate Services License #REB.0019320 Listed on: 05/12/2021

RI Real Estate Services

Co-Listed By

Michael Russo

RI Real Estate Services License #REB.0018125

Last Buyer's Agent

Prem Prop RI Team

Premier Properties RI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1975

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Furnished
  • Game Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • Ocean Ridge Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 76HEMLOCKRDSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,324

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: RIRS
  • Co List Office Phone: 401-885-5400
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 702.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 702.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Furnished
  • Living Area: 1404.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Laundry
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 76HEMLOCKRDSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3324.0
  • Tax Lot: 101
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 6, 2021
Sold by
Costabile Mary J
Bought by
Albrecht Cornelius and Albrecht Christina
Seller's Agent
Noah Donnelly
RI Real Estate Services
Buyer's Agent
Prem Prop RI Team
Premier Properties RI
List Price
$359,000
Sold Price
$375,000
Premium/Discount to List
$16,000
4.46%
Current Estimated Value
$560,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,293
Avg. Annual Appreciation
10.28%
Original Mortgage
$300,000
Outstanding Balance
$275,137
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,623
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
Albrecht Cornelius $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Cornelius $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $375,000 +4.5% $267 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $359,000 -- $256 / 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 $3,888 $351,900 $221,500 $130,400
2023 $3,888 $351,900 $221,500 $130,400
2022 $3,853 $351,900 $221,500 $130,400
2021 $3,324 $230,000 $135,400 $94,600
2020 $3,324 $230,000 $135,400 $94,600
2019 $3,324 $230,000 $135,400 $94,600
2018 $3,230 $206,000 $124,900 $81,100
2017 $3,154 $206,000 $124,900 $81,100
2016 $3,109 $206,000 $124,900 $81,100
2015 $3,012 $194,100 $113,600 $80,500
2014 $3,005 $194,100 $113,600 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282603

State-Wide MLS

APN: SKIN-008302-000000-000101