NOT LISTED FOR SALE

985 Matunuck Beach Rd Wakefield, RI 02879

Estimated Value: $1,590,000 - $2,305,000

3 Beds
2.5 Baths
1,782 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $1,200,000 $673 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,289/month

43 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • Wood Flooring

About This Home

As of June 2017

Fabulous OCEANFRONT property in Matunuck Beach. This pristine, meticulously, cared for home boasts three bedrooms and two full baths along with simply breathtaking views of the Atlantic Ocean. This LOOKS LIKE NEW home offers a gorgeous kitchen with views of both the Atlantic and Potters Pond, you will be enamored with this home. It is surely not your typical beach house. Matunuck Beach is Rhode Islands famous surfing spot.. deep hole is the best of the best. Enjoy panoramic views from nearly every room. Plus a gated entry for pure privacy. Load of fun in Matunuck with theater by the sea and the ocean mist and taras pub! Loads of fun in Matunuck Beach

Last Agent to Sell the Property

Lori Joyal

Lila Delman Compass License #REB.0016177 Listed on: 04/03/2017

Last Buyer's Agent

Linda McMillen

Lila Delman Compass License #RES.0024543

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,350

Year Built

  • Built in 2004

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 985MatunuckBeachRDSKNG

Community Details

Overview

  • Matunuck Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,350

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Subdivision Name: MATUNUCK BEACH
  • Above Grade Finished Sq Ft: 1590.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 192.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1782.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

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

  • Land Lease: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 985MatunuckBeachRDSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15350.0
  • Tax Lot: 6
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Jun 16, 2017
Sold by
Mcgowan Stephen W and Dobres-Mcgowan Joann
Bought by
Regan Thomas J and Regan Adine F
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Linda McMillen
Lila Delman Compass
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$2,042,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,502
Avg. Annual Appreciation
6.60%
Original Mortgage
$424,000
Outstanding Balance
$222,466
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,820,036
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
Regan Thomas J $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Thomas J $424,000
Previous Owner Regan Thomas J $2,000,000
Previous Owner Regan Thomas J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $1,200,000 -7.3% $673 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $1,295,000 -- $727 / 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 $16,999 $1,901,500 $1,447,900 $453,600
2024 $17,514 $1,585,000 $1,215,400 $369,600
2023 $17,514 $1,585,000 $1,215,400 $369,600
2022 $17,356 $1,585,000 $1,215,400 $369,600
2021 $18,323 $1,268,000 $990,100 $277,900
2020 $18,323 $1,268,000 $990,100 $277,900
2019 $18,323 $1,268,000 $990,100 $277,900
2018 $14,342 $914,700 $792,100 $122,600
2017 $15,497 $1,012,200 $792,100 $220,100
2016 $15,274 $1,012,200 $792,100 $220,100
2015 $15,158 $976,700 $760,100 $216,600
2014 $15,119 $976,700 $760,100 $216,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1155727

State-Wide MLS

APN: SKIN-009304-000000-000006