NOT LISTED FOR SALE

1556 Center Rd Block Island, RI 02807

Estimated Value: $1,870,000 - $2,962,000

4 Beds
3.5 Baths
3,749 Sq Ft
$636/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $816,000 $218 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $14,021/month

175 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • Wood Flooring
  • Central Air

About This Home

As of September 2020

Must See! Located at the center of Block Island is this beautiful 4 Bedroom 3 and a half bathroom Colonial with 3749 Sq Ft of Living Space! This young 1999 Built sits on over 2 and 1/2 Acres of land with beautiful 360 degree serene scenery! Hardwood flooring throughout, large master bedroom with walk in closet and a full master bath including a bathtub and shower! 2 car garage, masonry exterior, a full finished room above garage, laundry room, a walk up attic, and much much more! This property is priced Hundreds of Thousands below assessed value! Do Not Miss Out on this Once in a lifetime Opportunity!

Last Agent to Sell the Property

Matthew Escaler

Vylla Home License #REB.0016931 Listed on: 02/15/2020

Last Buyer's Agent

Gail Heinz

Sullivan Sotheby's Intl.Realty License #RES.0015359

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 2.58 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 3,749 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 05 / 086
  • Assessor Parcel Number 1556CENTERRDNSHM

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.58
  • Co List Office Mls Id: ATPC
  • Co List Office Phone: 978-455-4922
  • Above Grade Finished Sq Ft: 3749.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3749.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Masonry, Other
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 112385.0
  • Parcel #: 1556CENTERRDNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1385200.0
  • Tax Block: 086
  • Tax Lot: 05
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Sep 4, 2020
Sold by
Townsend Jill O
Bought by
Roosa Hope and Tremble Jerediah
Seller's Agent
Matthew Escaler
Vylla Home
Buyer's Agent
Gail Heinz
Sullivan Sotheby's Intl.Realty
List Price
$1,100,000
Sold Price
$816,000
Premium/Discount to List
-$284,000
-25.82%
Current Estimated Value
$2,384,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,568,991
Avg. Annual Appreciation
25.51%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 15, 2020
Closed on
Aug 27, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Townsend Jill
Seller's Agent
Matthew Escaler
Vylla Home
Buyer's Agent
Gail Heinz
Sullivan Sotheby's Intl.Realty
List Price
$1,100,000
Sold Price
$816,000
Premium/Discount to List
-$284,000
-25.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2019
Sold by
Spidalieri Hugo F
Bought by
Wilmington Svgs Fund Soc
Source: Public Records

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Range of Values:

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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
Roosa Hope -- None Available
Townsend Jill $816,000 None Available
Wilmington Svgs Fund Soc $1,550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tremble Jedadiah $800,000
Closed Roosa Hope $360,000
Closed Roosa Hope $369,000
Closed Townsend Jill $369,000
Previous Owner Spidalieri Teresa $1,500,000
Previous Owner Spidalieri Teresa $1,500,000
Previous Owner Spidalieri Teresa $1,000,000
Previous Owner Spidalieri Teresa $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $816,000 -25.8% $218 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $1,100,000 -- $293 / 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 $10,949 $1,983,500 $558,200 $1,425,300
2023 $11,941 $1,983,500 $558,200 $1,425,300
2022 $7,846 $1,108,160 $494,880 $613,280
2021 $7,425 $1,108,160 $494,880 $613,280
2020 $7,048 $1,108,160 $494,880 $613,280
2019 $6,826 $1,108,160 $494,880 $613,280
2018 $7,180 $1,206,640 $494,880 $711,760
2017 $7,071 $1,206,640 $494,880 $711,760
2016 $6,902 $1,206,640 $494,880 $711,760
2015 $10,524 $1,909,900 $989,800 $920,100
2014 $10,199 $1,909,900 $989,800 $920,100
2013 $9,951 $1,909,900 $989,800 $920,100
Source: Public Records

Agents Affiliated with this Home

  • Matthew Escaler

    Seller's Agent in 2020

    Matthew Escaler

    Vylla Home

    (401) 316-9763

    22 Total Sales

    Matthew Escaler
    Section Image
  • Gail Heinz

    Buyer's Agent in 2020

    Gail Heinz

    Sullivan Sotheby's Intl.Realty

    (401) 466-5951

    30 Total Sales

    Gail Heinz
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1247277

State-Wide MLS

APN: BLOC-000016-000000-000086-000005

Rhode Island Washington County Block Island 02807

1556 Center Rd, Block Island, RI

This home is located at 1556 Center Rd, Block Island, RI 02807 since 15 February 2020 and is currently estimated at $2,384,991, approximately $636 per square foot. This property was built in 1999. 1556 Center Rd is a home located in Washington County with nearby schools including Block Island School.

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