NOT LISTED FOR SALE

1022 Beach Ave Block Island, RI 02807

Estimated Value: $1,384,733 - $1,632,000

3 Beds
2.5 Baths
2,372 Sq Ft
$652/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $1,000,000 $422 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,602/month

425 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Laundry Room
  • Contemporary Architecture
  • 2 Fireplaces
  • Utility Room

About This Home

As of September 2018

Easy Summer Living. Walk to both harbors from this centrally located, naturally bright A-Frame style home with beautiful water views. Entertain on a large wrap around porch overlooking the grassy lawn, with possible access to Trim's Pond. Income potential with rental apartment on walk out lower level. This hidden gem offers expansion possibilities, and is waiting for your personal touch!

Last Agent to Sell the Property

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 06/26/2017

Last Buyer's Agent

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 06/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1976

Lot Details

  • 0.92 Acre Lot
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Utility Room
  • Laundry Room
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • 100 Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 1022BeachAVNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,877

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Above Grade Finished Sq Ft: 1436.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 936.0
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2372.0
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None, Space Heater
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.0
  • Parcel #: 1022BeachAVNSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3877.0
  • Tax Lot: 85
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 25, 2018
Sold by
Tupy Paul E and Tupy Phyllis J
Bought by
Quinn Susanne and Quinn Thomas
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Jennifer Phillips
Phillips Real Estate
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%
Current Estimated Value
$1,545,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,933
Avg. Annual Appreciation
6.20%
Original Mortgage
$540,000
Outstanding Balance
$470,912
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,075,021

Purchase Details

Closed on
Jun 1, 1984
Bought by
Tupy Paul E and Tupy Phyllis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quinn Susanne $980,000 --
Tupy Paul E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tupy Paul E $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $1,000,000 -8.7% $422 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
06/26/2017 06/26/17 For Sale $1,095,000 -- $462 / 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
2024 $5,643 $1,022,200 $593,300 $428,900
2023 $6,154 $1,022,200 $593,300 $428,900
2022 $4,765 $673,040 $526,720 $146,320
2021 $4,509 $673,040 $526,720 $146,320
2020 $4,146 $651,840 $526,720 $125,120
2019 $4,015 $651,840 $526,720 $125,120
2018 $3,937 $661,680 $520,320 $141,360
2017 $3,877 $661,680 $520,320 $141,360
2016 $3,785 $661,680 $520,320 $141,360
2015 $4,601 $835,100 $650,400 $184,700
2014 $4,459 $835,100 $650,400 $184,700
2013 $4,351 $835,100 $650,400 $184,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Phillips

    Seller's Agent in 2018

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    28 Total Sales

    Jennifer Phillips
    Section Image
  • Shannon Morgan

    Buyer Co-Listing Agent in 2018

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    23 Total Sales

    Shannon Morgan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1165551

State-Wide MLS

APN: BLOC-000005-000000-000085

Rhode Island Washington County Block Island 02807

1022 Beach Ave, Block Island, RI

Not Listed for Sale

Detached

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