NOT LISTED FOR SALE

1115 Mohegan Trail Block Island, RI 02807

Estimated Value: $2,982,545 - $3,637,000

6 Beds
3.5 Baths
3,088 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $2,600,000 $842 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $18,500/month

133 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Antique Architecture
  • Marina
  • Deck
  • Wood Flooring

About This Home

As of March 2014

Waterfront, Spectacular, Mohegan Bluff location offering access to the Atlantic Ocean. Swim, surf, paddle or walk the beach down the stairs located just outside your door. Historic nature & character of this house make it a one of a kind property.

Last Agent to Sell the Property

Gail Hall

Ballard Hall Sales Group License #REB.0014378 Listed on: 10/07/2013

Last Buyer's Agent

Chelsea Phelan Redd

Ballard Hall Sales Group License #RES.0033813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,836

Year Built

  • Built in 1897

Lot Details

  • 1.9 Acre Lot
  • Beach Front
  • Property is zoned RA

Home Design

  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 1115MOHEGANTRLNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • South Waterfront Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,836

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.9
  • Subdivision Name: SOUTH WATERFRONT
  • Above Grade Finished Sq Ft: 3088.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1897
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic
  • Living Area: 3088.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding
  • Exterior Features: Deck, Porch, Barbecue
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 82764.0
  • Parcel #: 1115MOHEGANTRLNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7836.2
  • Tax Lot: 50
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Mar 21, 2014
Sold by
Goldsmith Mathew T and Guibone Cheryl
Bought by
Lawrence Gordon R and Andersen Martha E
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Chelsea Phelan Redd
Ballard Hall Sales Group
List Price
$3,200,000
Sold Price
$2,600,000
Premium/Discount to List
-$600,000
-18.75%
Current Estimated Value
$3,291,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,515
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rosenthal Jacqueline M
Bought by
Realty Exchange 28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Lawrence Gordon R $2,600,000 --
Lawrence Gordon R $2,600,000 --
Realty Exchange 28 $2,200,000 --
Realty Exchange 28 $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Realty Exchange 28 $160,000
Previous Owner Realty Exchange 28 $1,650,000
Previous Owner Realty Exchange 28 $638,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $2,600,000 -18.8% $842 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $3,200,000 -- $1,036 / 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 $12,583 $2,279,500 $1,357,400 $922,100
2023 $13,676 $2,271,700 $1,357,400 $914,300
2022 $10,529 $1,487,200 $1,130,960 $356,240
2021 $9,964 $1,487,200 $1,130,960 $356,240
2020 $9,459 $1,487,200 $1,130,960 $356,240
2019 $9,161 $1,487,200 $1,130,960 $356,240
2018 $9,188 $1,544,160 $1,130,960 $413,200
2017 $9,049 $1,544,160 $1,130,960 $413,200
2016 $8,833 $1,544,160 $1,130,960 $413,200
2015 $10,326 $1,874,000 $1,413,700 $460,300
2014 $10,007 $1,874,000 $1,413,700 $460,300
2013 $9,795 $1,880,100 $1,413,700 $466,400
Source: Public Records

Agents Affiliated with this Home

  • Gail Hall

    Seller's Agent in 2014

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    33 Total Sales

    Gail Hall
    Section Image

  • C

    Buyer's Agent in 2014

    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: 1052853

State-Wide MLS

APN: BLOC-000009-000000-000050

Rhode Island Washington County Block Island 02807

1115 Mohegan Trail, Block Island, RI

This home is located at 1115 Mohegan Trail, Block Island, RI 02807 since 07 October 2013 and is currently estimated at $3,291,515, approximately $1,065 per square foot. This property was built in 1897. 1115 Mohegan Trail is a home located in Washington County with nearby schools including Block Island School.

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