NOT LISTED FOR SALE

1043 Pilot Hill Rd Block Island, RI 02807

Estimated Value: $1,756,000 - $2,364,676

4 Beds
2 Baths
2,200 Sq Ft
$951/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $1,000,000 $455 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,037/month

775 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Wood Burning Stove
  • Water Views
  • Deck
  • Wood Flooring

About This Home

As of July 2019

Fabulous views of the Atlantic Ocean, Block Island Sound, Great Salt Pond, Crescent Beach and Clayhead. House is situated at the top of Pilot Hill Road and is a short walk to the Mohegan Bluffs and the Southeast Lighthouse. Five+ acre lot affords plenty of room for expansion or accessory buildings. Large yard plus wooded area to the west of the house. East and north sides of the home have new windows, new sidewall shingles, and new decking. House is in good condition with a woodstove in the living room. Spacious, light-filled master bedroom with hardwood floors and plenty of closets on the first floor. Two additional bedrooms with wall-to-wall carpeting on the second floor. Guest area on the lower level with separate entrance. Handicapped ramp in the rear of house.

Last Agent to Sell the Property

Michele Phelan

Ballard Hall Sales Group License #RES.0012286 Listed on: 05/11/2017

Last Buyer's Agent

Chelsea Phelan Redd

Ballard Hall Sales Group License #RES.0033813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 1978

Lot Details

  • 5.21 Acre Lot
  • Property is zoned RA

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 1043PilotHillRDNSHM

Community Details

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Pilot Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,959

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.21
  • Subdivision Name: Pilot Hill
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 200.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 2200.0
  • Dining Room Type: Bedroom, Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 226947.0
  • Parcel #: 1043PilotHillRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5959.0
  • Tax Lot: 105
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 22, 2019
Sold by
A Colburn Barrell 3Rd Lt
Bought by
Cbl Llc
Seller's Agent
Michele Phelan
Ballard Hall Sales Group
Buyer's Agent
Chelsea Phelan Redd
Ballard Hall Sales Group
List Price
$1,400,000
Sold Price
$1,000,000
Premium/Discount to List
-$400,000
-28.57%
Current Estimated Value
$2,093,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,169
Avg. Annual Appreciation
12.90%
Source: Public Records

Range of Values:

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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
Cbl Llc $1,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $1,000,000 -28.6% $455 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,400,000 -- $636 / 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 $7,844 $1,421,000 $932,100 $488,900
2023 $8,554 $1,421,000 $932,100 $488,900
2022 $7,467 $1,054,640 $814,960 $239,680
2021 $7,066 $1,054,640 $814,960 $239,680
2020 $6,278 $987,040 $814,960 $172,080
2019 $6,080 $987,040 $814,960 $172,080
2018 $5,949 $999,760 $814,960 $184,800
2017 $5,859 $999,760 $814,960 $184,800
2016 $5,719 $999,760 $814,960 $184,800
2015 $6,869 $1,246,600 $1,018,700 $227,900
2014 $6,657 $1,246,600 $1,018,700 $227,900
2013 $6,495 $1,246,600 $1,018,700 $227,900
Source: Public Records

Agents Affiliated with this Home

  • Michele Phelan

    Seller's Agent in 2019

    Michele Phelan

    Ballard Hall Sales Group

    (401) 741-6577

    13 Total Sales

    Michele Phelan
    Section Image

  • C

    Buyer's Agent in 2019

    Chelsea Phelan Redd

    Ballard Hall Sales Group

    (401) 258-5383

    3 Total Sales

    Chelsea Phelan Redd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1157750

State-Wide MLS

APN: BLOC-000009-000000-000105

Rhode Island Washington County Block Island 02807

1043 Pilot Hill Rd, Block Island, RI

This home is located at 1043 Pilot Hill Rd, Block Island, RI 02807 since 11 May 2017 and is currently estimated at $2,093,169, approximately $951 per square foot. This property was built in 1978. 1043 Pilot Hill Rd is a home located in Washington County with nearby schools including Block Island School.

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