Seller's Agent in 2021
Michele Phelan
Ballard Hall Sales Group
(401) 741-6577
12 Total Sales
245 Southeast Rd Block Island, RI 02807
Estimated Value: $1,381,000 - $2,197,000
4
Beds
2
Baths
1,268
Sq Ft
$1,432/Sq Ft
Est. Value
Highlights
- Water Views
- Cape Cod Architecture
- Walking Distance to Water
- Under Construction
- Plywood Flooring
- 1 Car Attached Garage
About This Home
As of May 2021This property is being SOLD AS IS. The structure is a "shell" with studs visible on the second floor. New foundation poured in October 2004 and first floor of structure was moved from Mohegan Trail in October 2004. Second floor construction and Cape-style roof system was started in late October 2004. Building permits were obtained. In August 2005, an electrical permit was obtained to bring service to the structure. There is an approved 4-bedroom ISDS for a AX20 Advantex system issued by the RI Dept. of Environmental Management. The system has never been used. There is a drilled well near the eastern boundary which has never been used. There are ocean views to the northeast as well as views of Clayhead, Crescent Beach, the entrance to Old Harbor and the mainland. Walking access to a rocky beach at the end of the lane abutting property. The property is being sold by a Trust and the Trustee has never been in the structure. All information provided comes from the Town of New Shoreham Building Official's office and the Trustee has no knowledge if the information is correct.
Last Agent to Sell the Property
Ballard Hall Sales Group License #RES.0012286 Listed on: 04/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,163
Year Built
- Built in 2004 | Under Construction
Lot Details
- 0.96 Acre Lot
- Property is zoned RA
Parking
- 1 Car Attached Garage
Home Design
- Cape Cod Architecture
- Fixer Upper
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,268 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
- Plywood Flooring
- Water Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Walking Distance to Water
Utilities
- No Cooling
- No Heating
- Private Water Source
- Well
- No Hot Water
- Septic Tank
Community Details
- Southeast Subdivision
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 245SOUTHEASTRDNSHM
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
May 14, 2021
Sold by
Gwendolyn M Hart Ft and Male
Bought by
Conant James A and Beickler Sophie
Seller's Agent
Michele Phelan
Ballard Hall Sales Group
Buyer's Agent
Nancy Pike
Beach Real Estate
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$985,278
Avg. Annual Appreciation
21.83%
Original Mortgage
$750,000
Outstanding Balance
$682,570
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,284,540
Purchase Details
Closed on
Feb 27, 2017
Sold by
Woods Robert R and Block Island Town Of
Bought by
Gwendolyn Hart Ft
Purchase Details
Closed on
Oct 18, 2010
Sold by
Hart Gwendolyn M
Bought by
Hart Gwendolyn M
Purchase Details
Closed on
Aug 23, 2010
Sold by
Jacobsen John A
Bought by
Hart Gwendolyn M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Conant James A | $830,000 | None Available | |
| Gwendolyn Hart Ft | $16,130 | -- | |
| Hart Gwendolyn M | -- | -- | |
| Hart Gwendolyn M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conant James A | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $830,000 | -2.4% | $655 / Sq Ft |
| 04/17/2021 04/17/21 | Pending | -- | -- | -- |
| 04/08/2021 04/08/21 | For Sale | $850,000 | -- | $670 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $9,111 | $1,650,600 | $992,100 | $658,500 |
| 2023 | $9,937 | $1,650,600 | $992,100 | $658,500 |
| 2022 | $6,936 | $979,600 | $880,640 | $98,960 |
| 2021 | $6,493 | $969,040 | $880,640 | $88,400 |
| 2020 | $6,163 | $969,040 | $880,640 | $88,400 |
| 2019 | $5,969 | $969,040 | $880,640 | $88,400 |
| 2018 | $5,754 | $967,120 | $872,240 | $94,880 |
| 2017 | $5,667 | $967,120 | $872,240 | $94,880 |
| 2016 | $5,532 | $967,120 | $872,240 | $94,880 |
| 2015 | $6,661 | $1,208,900 | $1,090,300 | $118,600 |
| 2014 | $6,456 | $1,208,900 | $1,090,300 | $118,600 |
| 2013 | $6,298 | $1,208,900 | $1,090,300 | $118,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Phelan
-
Nancy Pike
N
Buyer's Agent in 2021
Nancy Pike
Beach Real Estate
(401) 466-2312
10 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1279597
APN: BLOC-000008-000000-000036
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