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56 Lower Farm Rd; Wakefield, RI Property Details

56 Lower Farm Rd, Wakefield, RI is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 56 Lower Farm Rd has 3 bedrooms, and 1 bathroom, and a total of 1,040 square feet. The lot size of 56 Lower Farm Rd is 8,712 square feet.

Off market
56 Lower Farm Rd Wakefield, RI 02879
$550,400 Estimated Value
3 Beds
1 Baths
1,040 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Purchase Price: $110,000
  • Est. Equity / %: $724,000 / 100%
  • Gross Yield: 5.559%
  • APN: SKIN P:092-2 L:000001
  • Situs County: Washington
  • Length Of Ownership: 29 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,040/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,334/SqFt
  • Living: 1,040/SqFt
  • Basement: 1,040/SqFt
  • Building: 1,040/SqFt
  • Ground: 1,040/SqFt
  • Basement Unfinished: 1,040/SqFt
  • Price Per Square Foot: $105.77
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: South Kingstown School District
  • Lat / Lon: 41.37875 / -71.554085
  • Property Class: Residential
  • Zoning: R20
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 6513
  • Fireplaces: 1
  • Heating: Hot Water

Ownership Info

56 Lower Farm Rd has no associated ownership info
56 Lower Farm Rd has no associated ownership info.

Taxes

56 Lower Farm Rd has 7 associated Taxes items

56 Lower Farm Rd, Wakefield, RI pays taxes in Washington County, RI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $550,400. The APN we've located for 56 Lower Farm Rd is SKIN P:092-2 L:000001.

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Taxes
  • Assessed Value:  $550,400
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  SKIN P:092-2 L:000001
  • Assessed Land Value:  351100
  • Tax Amount:  4921
  • Tax Year:  2025

Tax History

56 Lower Farm Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $550,400 Land Value $351,100 Improvement Value $199,300 Tax Amount $4,921 Change Rate -0.017568% Assessed CR Tax Rate +0.008941%
Year 2024 Assessed Value $453,300 Land Value $294,600 Improvement Value $158,700 Tax Amount $5,009 Change Rate Assessed CR Tax Rate +0.01105%
Year 2023 Assessed Value $453,300 Land Value $294,600 Improvement Value $158,700 Tax Amount $5,009 Change Rate +0.009065% Assessed CR Tax Rate +0.01105%
Year 2022 Assessed Value $453,300 Land Value $294,600 Improvement Value $158,700 Tax Amount $4,964 Change Rate -0.034429% Assessed CR Tax Rate +0.010951%
Year 2021 Assessed Value $355,800 Land Value $240,100 Improvement Value $115,700 Tax Amount $5,141 Change Rate Assessed CR Tax Rate +0.014449%
Year 2020 Assessed Value $355,800 Land Value $240,100 Improvement Value $115,700 Tax Amount $5,141 Change Rate -0.00006% Assessed CR Tax Rate +0.014449%
Year 2019 Assessed Value $355,800 Land Value $240,100 Improvement Value $115,700 Tax Amount $5,141.31 Change Rate +0.124767% Assessed CR Tax Rate +0.01445%
Year 2018 Assessed Value $291,500 Land Value $192,100 Improvement Value $99,400 Tax Amount $4,571 Change Rate +0.024199% Assessed CR Tax Rate +0.015681%
Year 2017 Assessed Value $291,500 Land Value $192,100 Improvement Value $99,400 Tax Amount $4,463 Change Rate +0.014549% Assessed CR Tax Rate +0.01531%
Year 2016 Assessed Value $291,500 Land Value $192,100 Improvement Value $99,400 Tax Amount $4,399 Change Rate -0.022879% Assessed CR Tax Rate +0.015091%
Year 2015 Assessed Value $290,100 Land Value $184,400 Improvement Value $105,700 Tax Amount $4,502 Change Rate +0.002449% Assessed CR Tax Rate +0.015519%
Year 2014 Assessed Value $290,100 Land Value $184,400 Improvement Value $105,700 Tax Amount $4,491 Change Rate Assessed CR Tax Rate +0.015481%