NOT LISTED FOR SALE

1346 Lakeside Dr Block Island, RI 02807

Estimated Value: $1,590,000 - $1,954,000

0.88 Acre
$2,021,914 Price per Acre
38,398 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $430,000

Est. 314% increase in value since last sale

Current estimated payment $9,987/month

424 Days on Market

Highlights

  • Marina
  • Wetlands on Lot
  • Tennis Courts
  • Water Views
  • Wooded Lot
  • Walking Distance to Water

About This Lot

As of January 2022

An ideal opportunity to own land on the south side of Block Island. Located on Lakeside Drive in close proximity to Vaill Beach and miles of nature trails. The lot is just shy of an acre (38,800 sq.ft), with OWTS engineering completed but in need of review and final approval. Potential for beaufitul views of Peckham Pond & the sky at sunset is always breathtaking. There is a shed on the property ready for your outdoor accessories!

Last Agent to Sell the Property

Gail Hall

Ballard Hall Sales Group License #REB.0014378 Listed on: 10/16/2020

Last Buyer's Agent

Shannon Morgan

Sullivan Sotheby's Intl.Realty License #RES.0032068

Sullivan Sotheby's Intl.Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,160

Lot Details

  • 0.88 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

Additional Features

  • Water Views
  • Water Not Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 1346LAKESIDEDRNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Walking Distance to Water
  • Wetlands on Lot
  • Outbuilding

Additional Features

  • South Side Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$2,160

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 0.8815
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: South Side
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Wetlands
  • Topography: Cleared,Level,Rolling
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Other
  • Other Structures: Outbuilding

Utilities

  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38400.0
  • Wooded Area: 40.0
  • Parcel #: 1346LAKESIDEDRNSHM
  • Zoning Description: Residential
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2160.0
  • Tax Lot: 46
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 14, 2022
Sold by
Hall Gary A
Bought by
Williams Peter A and Williams Desiree
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
List Price
$438,000
Sold Price
$430,000
Premium/Discount to List
-$8,000
-1.83%
Current Estimated Value
$1,782,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,352,317
Avg. Annual Appreciation
41.59%
Original Mortgage
$982,850
Outstanding Balance
$908,831
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$653,475
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Williams Peter A $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Peter A $982,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $430,000 -1.8% --
12/15/2021 12/15/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $438,000 -- --
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 $6,441 $1,166,800 $434,100 $732,700
2023 $5,069 $842,100 $434,100 $408,000
2022 $2,483 $350,720 $350,160 $560
2021 $2,350 $350,720 $350,160 $560
2020 $2,231 $350,720 $350,160 $560
2019 $2,160 $350,720 $350,160 $560
2018 $2,060 $346,240 $345,680 $560
2017 $2,029 $346,240 $345,680 $560
2016 $1,980 $346,240 $345,680 $560
2015 $2,433 $441,500 $432,100 $9,400
2014 $2,358 $441,500 $432,100 $9,400
2013 $2,251 $432,100 $432,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Hall

    Seller's Agent in 2022

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    33 Total Sales

    Gail Hall
    Section Image
  • Shannon Morgan

    Buyer's Agent in 2022

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    22 Total Sales

    Shannon Morgan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1267745

State-Wide MLS

APN: BLOC-000011-000000-000046

Rhode Island Washington County Block Island 02807

1346 Lakeside Dr, Block Island, RI

This home is located at 1346 Lakeside Dr, Block Island, RI 02807 since 16 October 2020 and is currently estimated at $1,782,317. 1346 Lakeside Dr is a home located in Washington County with nearby schools including Block Island School.

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