NOT LISTED FOR SALE

89 Park Ave Wakefield, RI 02879

Estimated Value: $744,060 - $996,000

2 Beds
1 Bath
1,108 Sq Ft
$757/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $425,000 $384 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,832/month

72 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Corner Lot
  • Beach Access
  • Attic
  • Game Room

About This Home

As of January 2018

Have the best of all worlds! Want to be close to the beach? Or would you rather be close to boating? How about both! This amazing summer get-away couldn't be better situated... One block from boat launch on Potter's Pond, Three block stroll to the Town Beach. Located in quiet, tucked away neighborhood in the village of Matunuck, yet close to everything that matters. Visit the nearby iconic seaside eateries, or take in a show at the historic Theatre by the Sea, shop the local farm for freshly picked produce. This well-maintained Ranch home has new roof, new boiler, new hot water heater, newly painted inside and out, 5 year old kitchen. Over-sized corner lot with two-car garage... OR great boat storage, AND Rhode Islanders' favorite... the outdoor shower of course.

Last Agent to Sell the Property

Mary Kammerer

RI Real Estate Services License #RES.0031465 Listed on: 10/11/2017

RI Real Estate Services

Last Buyer's Agent

Alan Yick

KEY Real Estate Services License #REB.0018318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Game Room
  • Utility Room
  • Dryer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 89ParkAVSKNG

Community Details

Overview

  • Matunuck Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Subdivision Name: Matunuck
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 340.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1108.0
  • Dining Room Type: Game Room, Utility Room
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • 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, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 89ParkAVSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4365.0
  • Tax Lot: 171
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
David Jay
Bought by
David Jay and David Lisa
Current Estimated Value
$839,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$116,442
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$722,573

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 23, 2018
Sold by
Vespia Vincent and Vespia Judith A
Bought by
David Jay
Seller's Agent
Mary Kammerer
RI Real Estate Services
Buyer's Agent
Alan Yick
KEY Real Estate Services
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$263,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1978
Bought by
Vespia Vincent and Vespia Judith Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
David Jay -- None Available
David Jay $425,000 --
Vespia Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Jay $150,000
Previous Owner Vespia Vincent $263,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $425,000 -7.6% $384 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $460,000 -- $415 / 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 $5,235 $585,600 $359,000 $226,600
2024 $5,311 $480,600 $301,100 $179,500
2023 $5,311 $480,600 $301,100 $179,500
2022 $5,263 $480,600 $301,100 $179,500
2021 $5,422 $375,200 $245,700 $129,500
2020 $5,422 $375,200 $245,700 $129,500
2019 $5,422 $375,200 $245,700 $129,500
2018 $4,470 $285,100 $196,500 $88,600
2017 $4,365 $285,100 $196,500 $88,600
2016 $4,302 $285,100 $196,500 $88,600
2015 $4,290 $276,400 $188,500 $87,900
2014 $4,279 $276,400 $188,500 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1175454

State-Wide MLS

APN: SKIN-009202-000000-000171