NOT LISTED FOR SALE

1715 Corn Neck Rd Block Island, RI 02807

Estimated Value: $1,451,000 - $2,153,000

3 Beds
2.5 Baths
1,809 Sq Ft
$97/mo HOA Fee

Last Sold September 15, 2020

Last sale price $1,350,000 $746 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,630/month

20 Days on Market

Highlights

  • Marina
  • Beach Access
  • Tennis Courts
  • Water Views
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of September 2020

Located in the coveted Crescent Beach Cottages, this beautifully maintained home is in move in condition! Often cited as one of New England's most pristine stretches of coast line, Crescent Beach is just steps away, down a path that is exclusive to the Crescent Beach Cottages. Three immaculate floors of living boast water views in every direction. Watch sunrises and moonrises over the Atlantic and Sunsets over the Great Salt Pond and Block Island Sound. Offering three bedrooms, two and a half baths, four covered porches, a den/office, and light filled living spaces. This is a rare opportunity to own one of the few three bedroom units at Crescent Beach Cottages.

Last Listed By

Katharine Butcher

Block Island Realty License #REC.0015081 Listed on: 07/26/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1989

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,809 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 13-20
  • Assessor Parcel Number 1715CORNNECKRDNSHM

Community Details

Overview

  • 20 Units
  • Crescent Beach Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,370

Year Built

Built in 1989

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Crescent Beach
  • Above Grade Finished Sq Ft: 1809.0
  • Building Name: Crescent Beach Cottages
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1809.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1167.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1715CORNNECKRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 4370.0
  • Tax Lot: 13-20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Gilligan Martin J and Gilligan Holly
Bought by
Bi Ri Llc
Total Days on Market
20
Current Estimated Value
$1,803,178

Purchase Details

Listed on
Jul 26, 2020
Closed on
Sep 4, 2020
Sold by
Dylan Morgan Llc
Bought by
Gilligan Martin J and Gilligan Holly
Seller's Agent
Katharine Butcher
Block Island Realty
Buyer's Agent
Nancy Pike
Beach Real Estate
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Dupont Wesley D and Dupont Cynthia T
Bought by
Llc Dylan M

Purchase Details

Closed on
Sep 8, 2008
Sold by
Etkind Tr Edward T and Etkind Susan J
Bought by
Carlisle Linda K and Mast Robert E

Purchase Details

Closed on
May 12, 2005
Sold by
Pechnik Lisa and Rauchfuss Charlotte
Bought by
Dupont Wesley and Dupont Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.05%

Purchase Details

Closed on
Jan 19, 2001
Sold by
Margison Douglas S and Margison Faith A
Bought by
Pechnik Lisa

Range of Values:

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Average Value
Not Available
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
Bi Ri Llc -- None Available
Bi Ri Llc -- None Available
Gilligan Martin J $1,350,000 None Available
Gilligan Martin J $1,350,000 None Available
Llc Dylan M -- --
Llc Dylan M -- --
Carlisle Linda K $662,500 --
Carlisle Linda K $662,500 --
Dupont Wesley $1,600,000 --
Dupont Wesley $1,600,000 --
Pechnik Lisa $750,000 --
Pechnik Lisa $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilligan Martin J $450,000
Previous Owner Pechnik Lisa $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $1,350,000 0.0% $746 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $1,350,000 -- $746 / 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 $6,437 $1,166,200 $0 $1,166,200
2023 $6,889 $1,144,400 $0 $1,144,400
2022 $5,146 $726,880 $0 $726,880
2021 $4,753 $709,440 $0 $709,440
2020 $4,512 $709,440 $0 $709,440
2019 $4,370 $709,440 $0 $709,440
2018 $5,057 $849,920 $0 $849,920
2017 $4,981 $849,920 $0 $849,920
2016 $4,862 $849,920 $0 $849,920
2015 $6,543 $1,187,500 $0 $1,187,500
2014 $6,341 $1,187,500 $0 $1,187,500
2013 $6,263 $1,202,100 $0 $1,202,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1259915

State-Wide MLS

APN: BLOC-000004-000013-000020