$1,875,000
SOLD SEP 30, 2024

1090 Old Mill Rd New Shoreham, RI 02807

4 Beds
3 Baths
2,604 Sq Ft
2 Acres

Recently Sold

$720 Per Sq Ft

5% Below List Price

46 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Private Lot
  • Water Views
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of September 2024

Located in a secluded spot off Old Mill Road, this 4-bedroom, 3-bathroom home offers privacy on 2 lush acres. The property enjoys distant views of the ocean and the iconic Clayhead Bluff, creating a serene backdrop for everyday living. As you step inside, you'll be welcomed by an open kitchen and dining area, designed for effortless entertaining and family gatherings. The first-floor primary suite provides convenience and comfort, complemented by a first-floor laundry room. Upstairs, three additional bedrooms offer generous space for family or guests, accompanied by a full bath. The upper level's layout ensures everyone enjoys privacy while remaining connected to the heart of the home. The partially finished basement adds versatility with its own full bath, utility area, and generous storage space. Additional two-car garage will delight a certain family member and provide ample space for their collection of fun Island cars. The property's expansive grounds also present an opportunity for further customization or expansion. Just moments away from the picturesque Fresh Pond, this residence combines the tranquility of nature with the charm of Block Island. Whether you're enjoying the distant ocean views, exploring the nearby Greenway Trails, or simply unwinding on the property's spacious grounds, this residence offers an opportunity to experience the best of Block Island. It's more than just a home; it's a private retreat that promises a lifetime of memories.

Last Agent to Sell the Property

Rosemary Tobin

Lila Delman Compass License #RES.0028817 Listed on: 08/08/2024

Last Buyer's Agent

Bob Bailey

Lila Delman Compass License #RES.0027739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 1980

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Family Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Outdoor Grill

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 1090OLDMILLRDNSHM

Community Details

Overview

  • Old Mill Road Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,169

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Subdivision Name: Old Mill Road
  • Above Grade Finished Sq Ft: 1890.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 714.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 2604.0
  • Dining Room Type: Family Room, Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 1090OLDMILLRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4168.73
  • Tax Lot: 14
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 30, 2024
Sold by
Philip M Murphy Jr Ret and Murphy
Bought by
Karin L Mullins T L and Karin Mullins
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$1,975,000
Sold Price
$1,875,000
Premium/Discount to List
-$100,000
-5.06%
Views
9
Current Estimated Value
$2,174,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,127
Avg. Annual Appreciation
12.96%
Original Mortgage
$1,406,250
Outstanding Balance
$1,393,123
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$714,519

Purchase Details

Closed on
Apr 27, 2020
Sold by
Murphy Mary T
Bought by
Philip M Murphy Jr Ret
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,875,000 None Available
Deed $1,875,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,406,250 Purchase Money Mortgage
Closed $1,406,250 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,875,000 -5.1% $720 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $1,975,000 -- $758 / 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 $4,778 $865,600 $427,700 $437,900
2023 $5,211 $865,600 $427,700 $437,900
2022 $4,788 $676,240 $474,480 $201,760
2021 $4,531 $676,240 $474,480 $201,760
2020 $4,301 $676,240 $474,480 $201,760
2019 $4,166 $676,240 $474,480 $201,760
2018 $4,111 $690,960 $474,480 $216,480
2017 $4,049 $690,960 $474,480 $216,480
2016 $3,952 $690,960 $474,480 $216,480
2015 $6,780 $1,230,400 $948,900 $281,500
2014 $6,570 $1,230,400 $948,900 $281,500
2013 $6,410 $1,230,400 $948,900 $281,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1364599

State-Wide MLS

APN: BLOC-000016-000000-000014