NOT LISTED FOR SALE

1507 W Side Rd Block Island, RI 02807

Estimated Value: $2,826,000 - $3,637,000

3 Beds
4 Baths
4,267 Sq Ft
$719/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $1,600,000 $375 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $17,930/month

70 Days on Market

Highlights

  • Marina
  • Guest House
  • Barn
  • Water Views
  • Water Access
  • Deck

About This Home

As of April 2020

Coastal Charm at its finest in this custom-built home set on nearly two privately located acres on Block Island. Complete w/ Atlantic Ocean Views and situated perfectly to capture Block Island’s magnificent sunsets anytime of the year. Thoughtfully designed w/ custom details throughout, this home was crafted for entertaining! Open kitchen & dining, w/ soaring ceilings, a gourmet kitchen featuring top of the line appliances, Granite counter-tops, tiled back-splash & large kitchen island. Step down into the spacious, beautifully appointed living room and feel as if “you want to stay all day”. Windows everywhere and a large slider leading out to the expansive deck blurs the living between inside and outside. Slow down, watch and experience some of the Island’s most spectacular sunsets from anywhere in this home. Lavish touches, awake to stunning ocean views from your en-suite master with private balcony. Equally as attractive, is the guest bedroom w/ an en-suite bath and its own private balcony. Extra room on this level can easily be what you want it to be, office den or additional room for little ones! When you own a home on Block Island a guest cottage is a must! This exclusive home offers a private “barn door” two story guest cottage w/ full bath, living room, bedroom and its own parking space!Significant yard beautifully landscaped and maintained is a plus for this uniquely located Block Island listing.Be the one to own this impressive home and make memories of a lifetime!

Last Agent to Sell the Property

Nicole Maine

Lila Delman Compass License #RES.0040914 Listed on: 01/20/2020

Lila Delman Compass

Last Buyer's Agent

Shannon Morgan

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

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,137

Year Built

  • Built in 1986

Lot Details

  • 1.87 Acre Lot
  • Property is zoned RA

Home Design

  • Contemporary Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 4,267 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Workshop
  • Utility Room
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Guest House
  • Barn

Listing and Financial Details

  • Tax Lot 23-1
  • Assessor Parcel Number 1507OFFWESTSIDERDNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • West Side Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,137

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.87
  • Subdivision Name: WEST SIDE
  • Above Grade Finished Sq Ft: 4267.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Furnished
  • Living Area: 4267.0
  • Dining Room Type: Utility Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Patio, Barbecue
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s), Guest House, Outbuilding
  • Patio And Porch Features: Balcony, Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hydro Air, Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Private, 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: 81457.0
  • Parcel #: 1507OFFWESTSIDERDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10137.0
  • Tax Lot: 23-1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Apr 30, 2020
Sold by
Fallon Robert J and Fallon Mary L
Bought by
Constance L Corbert Ret
Seller's Agent
Nicole Maine
Lila Delman Compass
Buyer's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$3,066,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,466,632
Avg. Annual Appreciation
12.79%
Source: Public Records

Range of Values:

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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
Constance L Corbert Ret $1,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fallon Robert J $50,000
Previous Owner Fallon Robert J $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $1,600,000 -5.6% $375 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $1,695,000 -- $397 / 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 $11,933 $2,161,800 $952,900 $1,208,900
2023 $13,014 $2,161,800 $952,900 $1,208,900
2022 $9,650 $1,362,960 $845,680 $517,280
2021 $9,132 $1,362,960 $845,680 $517,280
2020 $8,668 $1,362,960 $845,680 $517,280
2019 $8,396 $1,362,960 $845,680 $517,280
2018 $8,057 $1,354,160 $845,680 $508,480
2017 $7,935 $1,354,160 $845,680 $508,480
2016 $7,746 $1,354,160 $845,680 $508,480
2015 $9,309 $1,689,500 $1,057,100 $632,400
2014 $9,022 $1,689,500 $1,057,100 $632,400
2013 $8,802 $1,689,500 $1,057,100 $632,400
Source: Public Records

Agents Affiliated with this Home

  • Nicole Maine

    Seller's Agent in 2020

    Nicole Maine

    Lila Delman Compass

    (401) 848-2101

    29 Total Sales

    Nicole Maine
    Section Image
  • Shannon Morgan

    Buyer's Agent in 2020

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    24 Total Sales

    Shannon Morgan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1245281

State-Wide MLS

APN: BLOC-000015-000000-000023-000001

Rhode Island Washington County Block Island 02807

1507 W Side Rd, Block Island, RI

This home is located at 1507 W Side Rd, Block Island, RI 02807 since 20 January 2020 and is currently estimated at $3,066,632, approximately $718 per square foot. This property was built in 1986. 1507 W Side Rd is a home located in Washington County with nearby schools including Block Island School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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