NOT LISTED FOR SALE

1073 Corn Neck Rd New Shoreham, RI 02807

Estimated Value: $4,447,000 - $4,681,000

6 Beds
7 Baths
4,332 Sq Ft
$1,048/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2022

Last sale price $3,600,000 $831 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $25,476 / mo

248 Days on Market

Highlights

  • Water Views
  • 1.89 Acre Lot
  • Wood Burning Stove
  • Beach Access
  • Deck
  • Contemporary Architecture

About This Home

As of September 2022

The Nest , spectacular 6+ bedroom, 5 full, and 2 half baths home on nearly 2 acres with panoramic Ocean, Sachem Pond, and North Light views! Spacious home has been newly remodeled throughout, including all new baths, kitchen, outside shower spa, fully air conditioned for complete comfort. Living room has large open floor plan, nice dining area, freestanding fireplace, sliders to an expansive vista and lovely newly refurbished (2021-22) deck that wraps around to catch morning sun and western sunset views. Entertaining is a breeze with new kitchen that connects the living room to the relaxing entertainment room in main wing. Upstairs to main wing bedrooms, boasts a master bedroom suite with dramatic views, den, and up to 3rd floor Cupola w/360 views. South wing has second master bedroom suite with slider to lovely patio facing the western views, media room, down to family game room w/ half bath w/radiant heat. Media room opens to back yard w/new outside shower spa enclosure. Second floor of wing has additional guest rooms, bathrooms. The Sellers have selected every amenity carefully for the most discerning homeowner. Attached two car garage and beautiful landscaping add to the all inclusive Block Island seaside estate for endless memories! Lucrative Rentals Income for 2022, with weeks saved for your use!

Last Agent to Sell the Property

Mary Stover

Beach Real Estate License #REB.0015695 Listed on: 10/22/2021

Co-Listed By

Nancy Pike

Beach Real Estate License #REB.0016220

Last Buyer's Agent

Rosemary Tobin

Lila Delman Compass License #RES.0028817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,094

Year Built

  • Built in 1988

Lot Details

  • 1.89 Acre Lot
  • Private Lot
  • Secluded Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Free Standing Fireplace
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Corn Neck Road Subdivision

Listing and Financial Details

  • Tax Lot 13-3
  • Assessor Parcel Number 1073CORNNECKRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,094

Year Built

Built in 1988

Lot Details

1.89 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8865
  • Co List Office Mls Id: BEAR
  • Co List Office Phone: 401-466-2312
  • Subdivision Name: Corn Neck Road
  • Above Grade Finished Sq Ft: 3826.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Trash Compactor, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 506.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 4332.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Waterfront, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 82176.0
  • Parcel #: 1073CORNNECKRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15094.3
  • Tax Lot: 13-3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Sep 7, 2022
Sold by
Duale Karen M
Bought by
Gigibi Llc
Seller's Agent
Mary Stover
Beach Real Estate
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$4,700,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,100,000
-23.4%
Views
1
Current Estimated Value
$4,538,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$938,122
Avg. Annual Appreciation
6.59%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Nov 15, 2016
Sold by
Hassinger Herman A Est and Hassinger Doris L Est
Bought by
Duale Karen M
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Mary Stover
Beach Real Estate
List Price
$1,975,000
Sold Price
$1,500,000
Premium/Discount to List
-$475,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gigibi Llc $3,600,000 None Available
Duale Karen M $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duale Karen M $650,000
Previous Owner Duale Karen M $30,000
Previous Owner Duale Karen M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Sold $3,600,000 -17.8% $831 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $4,380,000 -6.8% $1,011 / Sq Ft
10/22/2021 10/22/21 For Sale $4,700,000 +213.3% $1,085 / Sq Ft
11/15/2016 11/15/16 Sold $1,500,000 -24.1% $361 / Sq Ft View Prior Sale
10/16/2016 10/16/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,975,000 -- $475 / 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 $18,989 $3,296,700 $1,275,100 $2,021,600
2024 $18,352 $3,324,700 $1,275,100 $2,049,600
2023 $20,015 $3,324,700 $1,275,100 $2,049,600
2022 $15,950 $2,252,880 $943,200 $1,309,680
2021 $15,094 $2,252,880 $943,200 $1,309,680
2020 $14,328 $2,252,880 $943,200 $1,309,680
2019 $13,852 $2,248,640 $943,200 $1,305,440
2018 $11,242 $1,889,440 $943,200 $946,240
2017 $11,072 $1,889,440 $943,200 $946,240
2016 $10,808 $1,889,440 $943,200 $946,240
2015 $13,255 $2,405,600 $1,179,000 $1,226,600
2014 $12,846 $2,405,600 $1,179,000 $1,226,600
2013 $12,533 $2,405,600 $1,179,000 $1,226,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Stover

    Seller's Agent in 2022

    Mary Stover

    Beach Real Estate

    (401) 466-2312

    20 in this area

    21 Total Sales

    Mary Stover
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Nancy Pike

    Beach Real Estate

    (401) 466-2312

    10 in this area

    11 Total Sales

    Nancy Pike
    Section Image
  • Rosemary Tobin

    Buyer's Agent in 2022

    Rosemary Tobin

    Lila Delman Compass

    (401) 741-1825

    47 in this area

    48 Total Sales

    Rosemary Tobin
    Section Image
  • Gail Hall

    Seller's Agent in 2016

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    24 in this area

    24 Total Sales

    Gail Hall
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1296887

State-Wide MLS

APN: BLOC-000001-000000-000013-000003

Rhode Island Washington County New Shoreham 02807

1073 Corn Neck Rd, New Shoreham, RI

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