NOT LISTED FOR SALE

1512 W Side Rd Block Island, RI 02807

Estimated Value: $3,072,594

4 Beds
3.5 Baths
2,749 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $2,700,000 $982 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $17,902/month

100 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Wood Flooring
  • Water Views
  • Deck
  • Tennis Courts

About This Home

As of February 2023

Breathtaking, panoramic views of the Great Salt Pond, Block Island Sound to the North Lighthouse and the Atlantic Ocean to the east are the main focal point of this expanded, comfortable Cape styled home. This appealing home offers plenty of living space for family and company. First level offers a spacious, open living, dining, kitchen with access to outside decks, half bath, a cozy den with wood burning, fireplace leading to the primary bedroom suite with its own full bath and office. Second floor features three spacious bedrooms, two full baths and ample closet/storage space. The detached, custom-built outdoor shower is perfect for cleaning up after a day at the beach. Enjoy coastal breezes and spectacular views from the wraparound decks. This tranquil retreat will provide you with every comfort and benefit of Island living set on a beautifully manicured yard with a fenced in garden.

Last Listed By

Gail Heinz

Sullivan Sotheby's Intl.Realty License #RES.0015359 Listed on: 10/25/2022

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,808

Year Built

  • Built in 1986

Lot Details

  • 1.92 Acre Lot
  • Sprinkler System
  • Property is zoned RA

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 2,749 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5-02
  • Assessor Parcel Number 1512WESTSIDERDNSHM

Community Details

Overview

  • New Harbor Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,808

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.9201
  • Subdivision Name: New Harbor
  • Above Grade Finished Sq Ft: 2749.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Skylights, Tub Shower
  • Living Area: 2749.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation
  • Foundation Details: Block
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 83639.0
  • Parcel #: 1512WESTSIDERDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9808.0
  • Tax Lot: 5-02
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 20, 2023
Sold by
Beinkampen Karl N and Corrigan Elizabeth A
Bought by
Stone John A and Peterson Sally M
Seller's Agent
Gail Heinz
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Chelsea Phelan Redd
Ballard Hall Sales Group
List Price
$3,100,000
Sold Price
$2,700,000
Premium/Discount to List
-$400,000
-12.9%
Total Days on Market
100
Views
254
Current Estimated Value
$3,072,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,594

Purchase Details

Closed on
May 12, 2006
Sold by
Aspbury Herbert F and Aspbury Mary Victoria
Bought by
Belnkampen Karl N and Corrigan Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Stone John A $2,700,000 None Available
Belnkampen Karl N $2,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belnkampen Karl N $417,000
Previous Owner Belnkampen Karl N $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $2,700,000 -12.9% $982 / Sq Ft
10/25/2022 10/25/22 For Sale $3,100,000 -- $1,128 / 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 $10,418 $1,887,300 $1,163,500 $723,800
2023 $11,362 $1,887,300 $1,163,500 $723,800
2022 $9,808 $1,385,360 $1,035,920 $349,440
2021 $9,282 $1,385,360 $1,035,920 $349,440
2020 $8,811 $1,385,360 $1,035,920 $349,440
2019 $8,534 $1,385,360 $1,035,920 $349,440
2018 $8,395 $1,410,880 $1,035,920 $374,960
2017 $8,268 $1,410,880 $1,035,920 $374,960
2016 $8,070 $1,410,880 $1,035,920 $374,960
2015 $9,818 $1,781,800 $1,294,900 $486,900
2014 $9,515 $1,781,800 $1,294,900 $486,900
2013 $9,283 $1,781,800 $1,294,900 $486,900
Source: Public Records

Agents Affiliated with this Home

  • Gail Heinz

    Seller's Agent in 2023

    Gail Heinz

    Sullivan Sotheby's Intl.Realty

    (401) 466-5951

    31 Total Sales

    Gail Heinz
    Section Image

  • C

    Buyer's Agent in 2023

    Chelsea Phelan Redd

    Ballard Hall Sales Group

    (401) 258-5383

    3 Total Sales

    Chelsea Phelan Redd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1322811

State-Wide MLS

APN: BLOC-000018-000000-000005-000002

Rhode Island Washington County Block Island 02807

1512 W Side Rd, Block Island, RI

Homes for Sale in Block Island, RI

This home is located at 1512 W Side Rd, Block Island, RI 02807 since 25 October 2022 and is currently priced at $3,072,594, approximately $1,117 per square foot. This property was built in 1986. 1512 W Side Rd is a home located in Washington County with nearby schools including Block Island School.

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