1278 Cormorant Cove Block Island, RI 02807
Estimated Value: $1,786,000 - $2,531,000
1
Bed
1.5
Baths
785
Sq Ft
$2,732/Sq Ft
Est. Value
Highlights
- Beach Front
- Water Access
- Contemporary Architecture
- Marina
- Deck
- Wood Flooring
About This Home
As of February 2021Once in a lifetime opportunity to own a property with a private deep water dock on Block Island! 120 feet of water frontage on Cormorant Cove, which offers an abundance of water sports such as paddle boarding, kayaking, swimming & snorkeliing in addition to sailing. Cormorant Cove is located in the Northwest corner of the Great Salt Pond & well known as the quiet side of the bustling harbor. The house is a well constructed 1 bedroom, 1.5 bath cottage with year round amenities. The interior spaces of the homoe are designed and custom built with teak trim, teak & holly floors with yacht varnish to gain the feel of the interior of a yacht. The views of the Cove, Block Island Sound & the variety of boats entering & exiting the harbor is astounding. It is a rare occasion when a property such as this enters the market, a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,774
Year Built
- Built in 1997
Lot Details
- 0.39 Acre Lot
- Beach Front
- Property is zoned RA
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 785 Sq Ft Home
- 2-Story Property
- Utility Room
- Wood Flooring
- Water Views
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 1 Bedroom
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Water Access
- Walking Distance to Water
- Balcony
- Deck
- Patio
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
- Cistern
- Well
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 1278CORMORANTCOVENSHM
Community Details
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Additional Features
- New Harbor Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 3, 2020
Sold by
Cauthorne-Ely Clute and Inacker Alice E
Bought by
Philip & A Hammarskjold Ret and Hammarskjold
Total Days on Market
934
Current Estimated Value
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Similar Home in Block Island, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Philip & A Hammarskjold Ret | $1,745,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $1,745,000 | -11.6% | $2,223 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 07/07/2018 07/07/18 | For Sale | $1,975,000 | -- | $2,516 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $9,375 | $1,698,400 | $1,224,100 | $474,300 |
| 2023 | $10,224 | $1,698,400 | $1,224,100 | $474,300 |
| 2022 | $8,935 | $1,262,000 | $1,087,520 | $174,480 |
| 2021 | $8,455 | $1,262,000 | $1,087,520 | $174,480 |
| 2020 | $8,026 | $1,262,000 | $1,087,520 | $174,480 |
| 2019 | $7,774 | $1,262,000 | $1,087,520 | $174,480 |
| 2018 | $7,266 | $1,221,200 | $1,033,840 | $187,360 |
| 2017 | $7,156 | $1,221,200 | $1,033,840 | $187,360 |
| 2016 | $6,985 | $1,221,200 | $1,033,840 | $187,360 |
| 2015 | $8,456 | $1,534,700 | $1,292,300 | $242,400 |
| 2014 | $8,195 | $1,534,700 | $1,292,300 | $242,400 |
| 2013 | $7,996 | $1,534,700 | $1,292,300 | $242,400 |
Source: Public Records
Agents Affiliated with this Home
-
Gail Hall
Seller's Agent in 2021
Gail Hall
Ballard Hall Sales Group
(401) 741-7001
35 Total Sales
-
Rosemary Tobin
Buyer's Agent in 2021
Rosemary Tobin
Compass / Lila Delman Compass
(401) 741-1825
62 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1197000
APN: BLOC-000019-000000-000022
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