NOT LISTED FOR SALE

947 Post Rd Wakefield, RI 02879

Estimated Value: $1,110,000 - $1,307,148

5 Beds
5 Baths
4,201 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $850,000 $202 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,150/month

33 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • In Ground Pool
  • Guest House
  • Horses Allowed On Property
  • 3.01 Acre Lot

About This Home

As of April 2021

This handsome colonial was built in 1750 but has been completely renovated for today's modern living and conveniences. On 3 acres and surrounded by stone walls with specimen plantings this wooded location is just minutes to beaches and to the towns of Wakefield and Narragansett, a renowned summer paradise. The main home is 3121 sq ft with 4 bedrooms and 2.5 modern baths, multiple sitting areas in addition to the living room and sunroom. The eat-in kitchen was just completely updated with new stainless Whirlpool appliances, quartz island and countertops, 2 ovens plus a cook top and beverage refrigerator. The sunroom is bright with 9 French doors showing off the patio and in-ground pool areas which are perfect for entertaining. The master bedroom has an adjoining full bath and huge adjacent walk-in closet. 3 more bedrooms on the second floor and another sitting room for reading or TV round off this floor. The third floor is additional quiet and private space. The 1080 sq ft guest cottage, built-in 1974, with its own private drive has 1 bedroom and 1.5 baths and is occupied with month to month lease. Picket fences, natural stone walls, window boxes, built-ins, crown molding, ceiling beams, wainscoting, colonial & diamond mullioned windows, wide plank floors & period details make this home charming. This very versatile property can serve extended family and/or be used as an investment vehicle. Just a short drive to East Matunuck State Beach & Matunuck Oyster Bar.

Last Agent to Sell the Property

John Krekorian

Flagship Real Estate Advisors License #RES.0024980 Listed on: 02/11/2021

Flagship Real Estate Advisors

Last Buyer's Agent

John Krekorian

Flagship Real Estate Advisors License #RES.0024980 Listed on: 02/11/2021

Flagship Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,476

Year Built

  • Built in 1750

Lot Details

  • 3.01 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned R-80

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,201 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 3 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Dryer
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Storm Windows

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Guest House
  • Property near a hospital
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 947POSTRDSKNG

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,476

Year Built

Built in 1750

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 3.01
  • Above Grade Finished Sq Ft: 4201.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry, Marble, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Tub Shower
  • Living Area: 4201.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Pool Features: In Ground
  • Construction Type: Drywall, Plaster, Brick, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 131115.0
  • Parcel #: 947POSTRDSKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8476.37
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 15, 2021
Sold by
Mele John R and Mele Caitlin
Bought by
Ballard Keith R and Ballard Cynthia B
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
John Krekorian
Flagship Real Estate Advisors
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$1,205,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,287
Avg. Annual Appreciation
8.13%
Original Mortgage
$680,000
Outstanding Balance
$613,958
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$591,329

Purchase Details

Closed on
May 15, 2020
Sold by
Mele John R
Bought by
Mele John R and Mele Caitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 7, 2013
Sold by
Mele John
Bought by
Mele John R
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
John Krekorian
Flagship Real Estate Advisors
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Listed on
Jul 30, 2013
Closed on
Sep 19, 2013
Sold by
Janet T Morrison T
Bought by
Mele John
Seller's Agent
Janet Kermes
Mott & Chace Sotheby's Intl.
Buyer's Agent
John Krekorian
Flagship Real Estate Advisors
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
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
Ballard Keith R $850,000 None Available
Mele John R -- None Available
Mele John R -- --
Mele John $450,000 --
Mele John $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Keith R $680,000
Previous Owner Mele John R $330,000
Previous Owner Mele John $360,000
Previous Owner Mele John $353,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $850,000 +0.1% $202 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $849,000 +88.7% $202 / Sq Ft
09/19/2013 09/19/13 Sold $450,000 -2.2% $111 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $460,000 -- $114 / 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 $9,115 $1,019,600 $352,300 $667,300
2024 $9,765 $883,700 $319,100 $564,600
2023 $9,765 $883,700 $319,100 $564,600
2022 $9,677 $883,700 $319,100 $564,600
2021 $8,476 $586,600 $202,200 $384,400
2020 $8,476 $586,600 $202,200 $384,400
2019 $8,476 $586,600 $202,200 $384,400
2018 $8,563 $546,100 $194,700 $351,400
2017 $8,361 $546,100 $194,700 $351,400
2016 $8,241 $546,100 $194,700 $351,400
2015 $8,448 $544,300 $178,100 $366,200
2014 $8,426 $544,300 $178,100 $366,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1274392

State-Wide MLS

APN: SKIN-006803-000000-000001