NOT LISTED FOR SALE

1015 Mitchell Ln Block Island, RI 02807

Estimated Value: $3,336,000 - $3,492,307

3 Beds
2 Baths
2,802 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $1,395,000 $498 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $18,667/month

727 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • 2 Car Detached Garage
  • 2.75 Acre Lot
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of February 2013

This property is an estate sale. There is a main house, garage, cape style cottage and barn on the 3.6 acre lot. Multiple acres of conservation land abut the property, which offers spectacular Atlantic Ocean views. Very private and secluded setting

Last Agent to Sell the Property

Gail Hall

Ballard Hall Sales Group License #REB.0014378 Listed on: 01/19/2011

Co-Listed By

Michele Phelan

Ballard Hall Sales Group License #RES.0012286

Last Buyer's Agent

Michele Phelan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,618

Year Built

  • Built in 1977

Lot Details

  • 2.75 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Water Views
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • South Side Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 1015MITCHELLLANENSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,618

Year Built

Built in 1977

Lot Details

2.75 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.7548
  • Co List Office Mls Id: BHRE
  • Co List Office Phone: 401-466-8883
  • Subdivision Name: SOUTH SIDE
  • Above Grade Finished Sq Ft: 1872.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 930.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 2802.0
  • Stories: 2

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Shingle Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 120000.0
  • Parcel #: 1015MITCHELLLANENSHM

Tax Info

  • Tax Annual Amount: 8618.4
  • Tax Lot: 9
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2015
Sold by
Teja Joseph and Lampros Dean
Bought by
Teja Joseph and Lampros Dean
Current Estimated Value
$3,414,154

Purchase Details

Listed on
Jan 19, 2011
Closed on
Feb 15, 2013
Sold by
Mitchell James R Est
Bought by
Teja Joseph and Lampros Dean
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Michele Phelan
List Price
$2,100,000
Sold Price
$1,395,000
Premium/Discount to List
-$705,000
-33.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Source: Public Records
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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
Teja Joseph -- --
Teja Joseph -- --
Teja Joseph $1,395,000 --
Teja Joseph $1,395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teja Joseph $968,000
Previous Owner Teja Joseph $156,000
Previous Owner Teja Joseph $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $1,395,000 -33.6% $498 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/19/2011 01/19/11 For Sale $2,100,000 -- $749 / Sq Ft
Source: State-Wide MLS

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 $8,493 $1,474,415 $493,815 $980,600
2024 $12,797 $2,318,299 $1,225,199 $1,093,100
2023 $16,039 $2,664,300 $1,438,500 $1,225,800
2022 $12,712 $1,795,440 $1,269,600 $525,840
2021 $12,029 $1,795,440 $1,269,600 $525,840
2020 $11,419 $1,795,440 $1,269,600 $525,840
2019 $11,060 $1,795,440 $1,269,600 $525,840
2018 $11,246 $1,890,160 $1,269,600 $620,560
2017 $11,051 $1,885,920 $1,269,600 $616,320
2016 $10,310 $1,802,480 $1,269,600 $532,880
2015 $12,080 $2,192,400 $1,587,000 $605,400
2014 $11,707 $2,192,400 $1,587,000 $605,400
2013 $11,466 $2,200,800 $1,587,000 $613,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 983325

State-Wide MLS

APN: BLOC-000011-000000-000009

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