NOT LISTED FOR SALE

1712 Corn Neck Rd New Shoreham, RI 02807

Estimated Value: $1,657,000 - $1,707,000

2 Beds
2 Baths
1,848 Sq Ft
$110/mo HOA Fee

Last Sold August 03, 2020

Last sale price $965,000 $522 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,723/month

519 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Beach Access
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of August 2020

Experience seaside living just steps from the best stretch of beach on Block island! Set against the backdrop of the Atlantic Ocean to the east and with expansive views of New Harbor and lovely, preserved meadows to the west, family and friends will love the Crescent Beach Association community. Offering direct beach access, proximity to New Harbor and an easy jaunt to town, this is an unbeatable location! Fully winterized for year round enjoyment, with an open floor plan that is perfect for entertaining. Expansive decks on the first and second floors capture the fun of outdoor summer living. A private master suite and great guest accommodations make this the perfect get away!

Last Agent to Sell the Property

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 01/31/2019

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Julie Kiley

Block Island Realty License #RES.0035524

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1989

Lot Details

  • Ocean Front

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,848 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Underground Utilities
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 13,15
  • Assessor Parcel Number 1712CORNNECKRDNSHM

Community Details

Overview

  • 21 Units
  • Scotch Beach Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,358

Year Built

Built in 1989

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Scotch Beach
  • Above Grade Finished Sq Ft: 1848.0
  • Building Name: Crescent Beach Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 1848.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1315.0
  • Association Fee Frequency: Annually
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Green Features

  • Green Location: Walkability

Lot Info

  • Parcel #: 1712CORNNECKRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 5358.0
  • Tax Lot: 13,15
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Franchi John J
Bought by
Lacerte Guy and Lacerte Margaret G
Current Estimated Value
$1,686,063

Purchase Details

Closed on
Oct 18, 2020
Sold by
Franchi John J
Bought by
Lacerte Guy and Lacrete Margaret G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
2.8%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jul 24, 2020
Sold by
Keefe Joseph J and Keefe Marilyn J
Bought by
Franchi John J
Seller's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Julie Kiley
Block Island Realty
List Price
$1,250,000
Sold Price
$965,000
Premium/Discount to List
-$285,000
-22.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Source: Public Records

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
Lacerte Guy $1,160,000 None Available
Lacerte Guy $1,160,000 None Available
Franchi John J $965,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacerte Guy $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $965,000 -22.8% $522 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
01/31/2019 01/31/19 For Sale $1,250,000 -- $676 / 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 $8,087 $1,465,000 $0 $1,465,000
2023 $8,819 $1,465,000 $0 $1,465,000
2022 $6,365 $898,960 $0 $898,960
2021 $5,804 $866,240 $0 $866,240
2020 $5,509 $866,240 $0 $866,240
2019 $5,336 $866,240 $0 $866,240
2018 $5,358 $900,480 $0 $900,480
2017 $5,277 $900,480 $0 $900,480
2016 $5,151 $900,480 $0 $900,480
2015 $7,050 $1,279,500 $0 $1,279,500
2014 $6,833 $1,279,500 $0 $1,279,500
2013 $6,666 $1,279,500 $0 $1,279,500
Source: Public Records

Agents Affiliated with this Home

  • Cindy Pappas

    Seller's Agent in 2020

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    37 Total Sales

    Cindy Pappas
    Section Image

  • J

    Buyer's Agent in 2020

    Julie Kiley

    Block Island Realty

    (860) 230-8455

    19 Total Sales

    Julie Kiley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1214038

State-Wide MLS

APN: BLOC-000004-000013-000002

Rhode Island Washington County New Shoreham 02807

1712 Corn Neck Rd, New Shoreham, RI

This home is located at 1712 Corn Neck Rd, New Shoreham, RI 02807 since 31 January 2019 and is currently estimated at $1,686,063, approximately $912 per square foot. This property was built in 1989. 1712 Corn Neck Rd is a home located in Washington County with nearby schools including Block Island School.

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