NOT LISTED FOR SALE

Estimated Value: $996,000 - $2,018,527

2 Beds
3 Baths
1,749 Sq Ft
$904/Sq Ft Est. Value

About This Home

This home is located at 40 Summer St, Wakefield, RI 02879 and is currently estimated at $1,580,382, approximately $903 per square foot. 40 Summer St is a home located in Washington County with nearby schools including South Kingstown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Cummings Peter J and Cummings Melissa B
Bought by
Peter and Peter Melissa B
Current Estimated Value
$1,580,382

Purchase Details

Closed on
Sep 16, 2011
Sold by
Irene E Wood Ret and Pierce Richard
Bought by
Cummings Melissa B and Cummings Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.38%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Peter -- None Available
Cummings Melissa B $375,000 --
Cummings Melissa B $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Peter J $760,000
Previous Owner Cummings Peter J $47,000
Previous Owner Cummings Melissa B $880,000
Previous Owner Cummings Melissa B $880,000
Previous Owner Cummings Melissa B $300,000
Source: Public Records

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 $13,137 $1,188,900 $405,300 $783,600
2023 $12,426 $1,124,500 $405,300 $719,200
2022 $12,313 $1,124,500 $405,300 $719,200
2021 $11,407 $789,400 $249,900 $539,500
2020 $11,407 $789,400 $249,900 $539,500
2019 $11,407 $789,400 $249,900 $539,500
2018 $11,222 $715,700 $235,200 $480,500
2017 $10,957 $715,700 $235,200 $480,500
2016 $10,800 $715,700 $235,200 $480,500
2015 $10,329 $665,500 $213,400 $452,100
2014 $5,540 $357,900 $213,400 $144,500
Source: Public Records

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