NOT LISTED FOR SALE

1630 Payne Rd Block Island, RI 02807

Estimated Value: $1,379,210 - $1,826,000

3 Beds
3 Baths
3,120 Sq Ft
$537/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $865,000 $277 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,726/month

552 Days on Market

Highlights

  • Water Views
  • Deck
  • Game Room
  • Cape Cod Architecture
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of September 2018

Located at the end of a cul de sac in the Sands Pond Farm neighborhood, this 1994 Cape has much to offer. Whether for your personal vacationing pleasure and/or income producing potential, this home demands a close look. An open floor plan, great decks with long range water views, three+ bedrooms plus a large playroom and easy proximity to town and beaches create a winning combination in this price point. Recent upgrades include new exterior shingling, new roof, updated kitchen and bathroom vanities,new master bathroom, interior paint job, and finished basement complete with an integral dehumidifying system. Centrally located for easy access to Town or Mohegan Bluffs.

Last Listed By

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 02/07/2017

Sullivan Sotheby's Intl.Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1994

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Thermal Windows
  • Game Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Community Details

  • Sands Pond Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 19-6
  • Assessor Parcel Number 1630PayneRDNSHM

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,522

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6106
  • Subdivision Name: Sands Pond
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Cape Cod, Modular/Prefab
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1040.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 3120.0
  • Dining Room Type: Bedroom, Game Room, Laundry, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26597.0
  • Parcel #: 1630PayneRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Walkability

Tax Info

  • Tax Annual Amount: 3522.0
  • Tax Lot: 19-6
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Sep 13, 2018
Sold by
Vascotto Lorenzo and Vascotto Mary A
Bought by
Byrnes Matthew J and Gwynne Madyn
Seller's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
List Price
$1,050,000
Sold Price
$865,000
Premium/Discount to List
-$185,000
-17.62%
Total Days on Market
552
Current Estimated Value
$1,674,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,053
Original Mortgage
$365,000
Outstanding Balance
$325,328
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Walsh Audrey S
Bought by
Vascotto Lorenzo and Vascotto Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.96%
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
Byrnes Matthew J $865,000 --
Vascotto Lorenzo $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Ret $365,000
Previous Owner Walsh Ret $417,000
Previous Owner Walsh Ret $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $865,000 -17.6% $277 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
02/07/2017 02/07/17 For Sale $1,050,000 -- $337 / 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 $5,344 $968,200 $453,300 $514,900
2023 $5,829 $968,200 $453,300 $514,900
2022 $4,528 $639,600 $402,880 $236,720
2021 $4,285 $639,600 $402,880 $236,720
2020 $4,068 $639,600 $402,880 $236,720
2019 $3,940 $639,600 $402,880 $236,720
2018 $3,664 $615,760 $387,920 $227,840
2017 $3,608 $615,760 $387,920 $227,840
2016 $3,522 $615,760 $387,920 $227,840
2015 $4,279 $776,500 $484,900 $291,600
2014 $4,147 $776,500 $484,900 $291,600
2013 $4,063 $779,900 $484,900 $295,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1150627

State-Wide MLS

APN: BLOC-000010-000000-000019-000006