NOT LISTED FOR SALE

1239 Graces Cove Rd Block Island, RI 02807

Estimated Value: $1,527,000 - $1,875,000

4 Beds
3.5 Baths
2,112 Sq Ft
$806/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $905,000 $429 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,832/month

536 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Colonial Architecture
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of April 2015

Cozy English style cottage located within walking distance to beautiful sunsets at Grace's Cove Beach.Attractively remodeled and ready to move-in

Last Agent to Sell the Property

Rosemary Tobin

Lila Delman Compass License #RES.0028817 Listed on: 10/04/2013

Co-Listed By

Kaylan McAleer

Lila Delman Compass License #RES.0033013

Last Buyer's Agent

Katharine Butcher

Block Island Realty License #REC.0015081

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1850

Lot Details

  • 1.84 Acre Lot
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 72/5
  • Assessor Parcel Number 1239GRACECOVERDNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • Grace's Cove Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,328

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Co List Office Mls Id: LILA05
  • Co List Office Phone: 401-466-8777
  • Subdivision Name: GRACE'S COVE
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 704.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2112.0
  • Dining Room Type: Bathroom, Bedroom
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80150.0
  • Parcel #: 1239GRACECOVERDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3328.0
  • Tax Lot: 72/5
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Apr 28, 2015
Sold by
Quinsee Paul and Quinsee Deborah
Bought by
Foley Martin and Pisani-Foley Rosemari
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Katharine Butcher
Block Island Realty
List Price
$1,175,000
Sold Price
$905,000
Premium/Discount to List
-$270,000
-22.98%
Total Days on Market
536
Current Estimated Value
$1,701,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,994
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Rohn Frederick W and Rohn Dana Jennings
Bought by
Quinsee Paul Q and Quinsee Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.17%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Blue Dory Resorts Inc
Bought by
Rohn Fredrick and Rohn Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Foley Martin $905,000 --
Foley Martin $905,000 --
Quinsee Paul Q $870,000 --
Quinsee Paul Q $870,000 --
Rohn Fredrick $970,000 --
Rohn Fredrick $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Dory Resorts Inc $417,000
Previous Owner Blue Dory Resorts Inc $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $905,000 -23.0% $429 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
10/04/2013 10/04/13 For Sale $1,175,000 -- $556 / 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 $5,725 $1,037,100 $527,700 $509,400
2023 $6,243 $1,037,100 $527,700 $509,400
2022 $4,667 $659,200 $468,720 $190,480
2021 $4,417 $659,200 $468,720 $190,480
2020 $4,193 $659,200 $468,720 $190,480
2019 $4,061 $659,200 $468,720 $190,480
2018 $3,974 $667,920 $468,720 $199,200
2017 $3,914 $667,920 $468,720 $199,200
2016 $3,818 $667,520 $468,720 $198,800
2015 $4,400 $798,600 $585,900 $212,700
2014 $4,265 $798,600 $585,900 $212,700
2013 $4,161 $798,600 $585,900 $212,700
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Tobin

    Seller's Agent in 2015

    Rosemary Tobin

    Lila Delman Compass

    (401) 741-1825

    60 Total Sales

    Rosemary Tobin
    Section Image
  • Kaylan McAleer

    Seller Co-Listing Agent in 2015

    Kaylan McAleer

    Lila Delman Compass

    (401) 829-1595

    3 Total Sales

    Kaylan McAleer
    Section Image
  • Katharine Butcher

    Buyer's Agent in 2015

    Katharine Butcher

    Block Island Realty

    (401) 466-5887

    17 Total Sales

    Katharine Butcher
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1052599

State-Wide MLS

APN: BLOC-000019-000000-000072-000005

Rhode Island Washington County Block Island 02807

1239 Graces Cove Rd, Block Island, RI

This home is located at 1239 Graces Cove Rd, Block Island, RI 02807 since 04 October 2013 and is currently estimated at $1,701,994, approximately $805 per square foot. This property was built in 1850. 1239 Graces Cove Rd is a home located in Washington County with nearby schools including Block Island School.

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