NOT LISTED FOR SALE

1303 Old Mill Rd Block Island, RI 02807

Estimated Value: $1,848,000 - $2,658,000

8 Beds
4.5 Baths
4,097 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,601,000 $391 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,896/month

334 Days on Market

Highlights

  • Beach Access
  • Spa
  • Cathedral Ceiling
  • Horses Allowed On Property
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of June 2023

If you have ever dreamed of owning a on Block Island with an abundance of room, beautiful land and a great deal of privacy then this is the property for you! This home has taken the original footprint from 1989 and has an added expansive addition for over 4,000 square feet of living space. The first floor features a main bedroom en-suite on first, an open kitchen and living space, den, dining room and a large workshop. The second floor contains 7 bedrooms with 3 full bathrooms and a unique loft space that overlooks the first floor. There are wood floors throughout the house, one fireplace, a wood burning stove, pantry, outdoor shower, basement, attic storage and more. The yard is nearly two full acres and very private. The yard is perfect for entertaining, gardening, or having some livestock. Probably the most desirable feature of the home besides its pastoral setting is the ability for separate living areas for extended family, guests, or income from a Bed and Breakfast. The possibilities for this property are many! Custom woodworking throughout the house, vaulted ceilings and exposed beams all add to the character and charm of this property. Come take a look and see all that Block Island and this property have to offer!

Last Agent to Sell the Property

CC Wall Team

Real Broker, LLC Listed on: 06/06/2022

Last Buyer's Agent

Gail Hall

Ballard Hall Sales Group License #REB.0014378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1989

Lot Details

  • 1.95 Acre Lot
  • Corner Lot
  • Property is zoned RA

Parking

  • 6 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4,097 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Washer
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Beach Access
  • Walking Distance to Water
  • Outdoor Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Fresh Pond Subdivision

Listing and Financial Details

  • Tax Lot 3-04
  • Assessor Parcel Number 1303OLDMILLRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.95
  • Subdivision Name: Fresh Pond
  • Above Grade Finished Sq Ft: 4097.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower
  • Living Area: 4097.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Block, Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Near Schools
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 84942.0
  • Parcel #: 1303OLDMILLRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4980.0
  • Tax Lot: 3-04
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frageau Donn $948,139
Closed Frageau Donn $10,000
Closed Frageau Donn $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $1,601,000 +0.1% $391 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,599,000 0.0% $390 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $1,599,000 -- $390 / 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 $9,021 $1,634,200 $426,100 $1,208,100
2023 $9,838 $1,634,200 $426,100 $1,208,100
2022 $5,544 $783,040 $378,160 $404,880
2021 $5,246 $783,040 $378,160 $404,880
2020 $4,980 $783,040 $378,160 $404,880
2019 $4,824 $783,040 $378,160 $404,880
2018 $4,819 $809,920 $378,160 $431,760
2017 $4,746 $809,920 $378,160 $431,760
2016 $4,633 $809,920 $378,160 $431,760
2015 $5,683 $1,031,400 $472,700 $558,700
2014 $5,508 $1,031,400 $472,700 $558,700
2013 $5,374 $1,031,400 $472,700 $558,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1312134

State-Wide MLS

APN: BLOC-000012-000000-000003-000004