NOT LISTED FOR SALE

83 Ocean Ave Wakefield, RI 02879

Estimated Value: $891,000 - $1,277,000

2 Beds
1 Bath
748 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold April 27, 2015

Last sale price $460,000 $615 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,214/month

274 Days on Market

Highlights

  • Beach Front
  • Deck
  • Attic
  • Water Access
  • Cathedral Ceiling
  • Thermal Windows

About This Home

As of April 2015

Adjacent lot included: allows privacy or possible buildable lot. Cement Piers meet FEMA guidelines.. Spectacular ocean views from this quaint Matunuck Point Cottage. Very short walk to East Matunuck Beach and Deep Hole fishing area.

Last Agent to Sell the Property

Nancy McKenna

Randall, REALTORS Compass License #RES.0026441 Listed on: 06/26/2014

Randall, REALTORS Compass

Last Buyer's Agent

Linda Bessette

Bessette Realty License #REC.0016140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1960

Lot Details

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

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Siding

Interior Spaces

  • 748 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Matunuck Point Subdivision

Listing and Financial Details

  • Tax Lot 168 & 167
  • Assessor Parcel Number 83OCEANAVSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,114

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Subdivision Name: MATUNUCK POINT
  • Above Grade Finished Sq Ft: 748.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic, Cathedral Ceiling(s), Cable TV
  • Living Area: 748.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Wood
  • Heating Yn: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 83OCEANAVSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8114.0
  • Tax Lot: 168 & 167
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Apr 27, 2015
Sold by
Pearson Carl D and Pearson Rose M
Bought by
Shepard Christopher B and Shepard Andree M
Seller's Agent
Nancy McKenna
Randall, REALTORS Compass
Buyer's Agent
Linda Bessette
Bessette Realty
List Price
$679,000
Sold Price
$460,000
Premium/Discount to List
-$219,000
-32.25%
Current Estimated Value
$1,017,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,699
Avg. Annual Appreciation
8.59%
Original Mortgage
$353,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Shepard Christopher B $452,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Christopher B $350,000
Closed Shepard Christopher B $353,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $460,000 -32.3% $615 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
06/26/2014 06/26/14 For Sale $679,000 -- $908 / 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 $8,023 $726,100 $648,600 $77,500
2023 $8,023 $726,100 $648,600 $77,500
2022 $7,951 $726,100 $648,600 $77,500
2021 $8,829 $611,000 $528,600 $82,400
2020 $8,829 $611,000 $528,600 $82,400
2019 $8,829 $611,000 $528,600 $82,400
2018 $7,715 $492,000 $422,900 $69,100
2017 $7,533 $492,000 $422,900 $69,100
2016 $7,424 $492,000 $422,900 $69,100
2015 $8,140 $524,500 $451,100 $73,400
2014 $8,119 $524,500 $451,100 $73,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nancy McKenna

    Randall, REALTORS Compass

    Section Image

  • L

    Buyer's Agent in 2015

    Linda Bessette

    Bessette Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1072043

State-Wide MLS

APN: SKIN-009301-000000-000168

Rhode Island Washington County Wakefield 02879

83 Ocean Ave, Wakefield, RI

This home is located at 83 Ocean Ave, Wakefield, RI 02879 since 26 June 2014 and is currently estimated at $1,017,699, approximately $1,360 per square foot. This property was built in 1960. 83 Ocean Ave is a home located in Washington County with nearby schools including South Kingstown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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