NOT LISTED FOR SALE

1646 Payne Rd Block Island, RI 02807

Estimated Value: $1,687,901 - $1,996,000

3 Beds
2.5 Baths
2,934 Sq Ft
$636/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,325,000 $452 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,859/month

29 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Thermal Windows
  • Wood Flooring
  • Furnished
  • Cul-De-Sac

About This Home

As of September 2021

1646 Payne Road
Located near Sands Pond, this recently renovated, winterized home is part of the Sands Pond Homeowners Association. The home is situated on slightly less than an acre of land, but the neighborhood enjoys common, Association owned open space as well as the beauty of abutting significant acres of conserved land and nature trails. The kitchen and baths have been recently updated and new hardwood flooring has been installed throughout most of the home. The open living/dining/kitchen area includes a wood burning fireplace and access to lovely decks. The house boasts three bedrooms, including a lovely master bedroom suite, and the top floor of the house is the perfect hang out space for kids. A family room, plus an office provide ample room for all family members to pursue hobbies, watch movies or work remotely. It's an easy jaunt to town or Mohegan Bluffs from the property--centrally located--but far away enough to enjoy the peace and serenity of the island.

Last Agent to Sell the Property

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 07/17/2021

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Susan Weissman

Sullivan Sotheby's Intl.Realty License #REB.0015149

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,366

Year Built

  • Built in 1996

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,934 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 1 Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Oil Water Heater
  • Septic Tank

Community Details

  • Central Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 19-5
  • Assessor Parcel Number 1646PAYNERDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,366

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6135
  • Subdivision Name: Central
  • Above Grade Finished Sq Ft: 2934.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 2934.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26724.0
  • Parcel #: 1646PAYNERDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4366.0
  • Tax Lot: 19-5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 9, 2021
Sold by
Vascotto Lorenzo and Vascotto Mary A
Bought by
Heekin Timothy and Heekin Sunnie
Seller's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Susan Weissman
Sullivan Sotheby's Intl.Realty
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Current Estimated Value
$1,865,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,475
Avg. Annual Appreciation
9.66%
Original Mortgage
$993,750
Outstanding Balance
$906,338
Interest Rate
1.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$976,206
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
Heekin Timothy $1,325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heekin Timothy $993,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,325,000 -5.0% $452 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $1,395,000 -- $475 / 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 $7,270 $1,317,000 $635,800 $681,200
2023 $7,928 $1,317,000 $635,800 $681,200
2022 $4,861 $686,560 $403,840 $282,720
2021 $4,600 $686,560 $403,840 $282,720
2020 $4,367 $686,560 $403,840 $282,720
2019 $4,229 $686,560 $403,840 $282,720
2018 $4,263 $716,480 $389,200 $327,280
2017 $4,199 $716,480 $389,200 $327,280
2016 $4,098 $716,480 $389,200 $327,280
2015 $5,015 $910,100 $486,500 $423,600
2014 $4,860 $910,100 $486,500 $423,600
2013 $4,742 $910,100 $486,500 $423,600
Source: Public Records

Agents Affiliated with this Home

  • Cindy Pappas

    Seller's Agent in 2021

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    42 Total Sales

    Cindy Pappas
    Section Image

  • S

    Buyer's Agent in 2021

    Susan Weissman

    Sullivan Sotheby's Intl.Realty

    (401) 466-5521

    13 Total Sales

    Susan Weissman
    Section Image
  • Shannon Morgan

    Buyer Co-Listing Agent in 2021

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    24 Total Sales

    Shannon Morgan
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1288518

State-Wide MLS

APN: BLOC-000010-000000-000019-000005

Rhode Island Washington County Block Island 02807

1646 Payne Rd, Block Island, RI

This home is located at 1646 Payne Rd, Block Island, RI 02807 since 17 July 2021 and is currently estimated at $1,865,475, approximately $635 per square foot. This property was built in 1996. 1646 Payne Rd is a home located in Washington County with nearby schools including Block Island School.

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