Matt Phipps
Responds Quickly
Compass
(401) 681-3538
246 Total Sales
1 in Block Island
$846,000 Price
254 Spring St Block Island, RI 02807
Block Island AreaEstimated Value: $1,201,000 - $1,424,000
3
Beds
1
Bath
950
Sq Ft
$1,368/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Tennis Courts
- Water Views
- Wood Flooring
- Walking Distance to Water
About This Home
As of August 2021Quintessential Block Island summer cottage with lots of charm and character is located in close proximity to Old Harbor, Crescent Beach, shopping and restaurants. Enjoy views of the sunrise over the Atlantic Ocean from the back deck or watch the world go by from the front porch. The cottage consists of 3 bedrooms, 1 bath, living room, dining room and eat-in kitchen all on one floor! Enclosed outdoor shower off the back deck is perfect for after the beach. The property is in the Residential C / Mixed Use Zone and the Town of New Shoreham's Historic District. Available for immediate occupancy - spend your summer on Block Island!
Last Agent to Sell the Property
Ballard Hall Sales Group License #REB.0014378 Listed on: 05/26/2021
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,970
Year Built
- Built in 1922
Lot Details
- 6,300 Sq Ft Lot
- Property is zoned RCM
Home Design
- Bungalow
- Pillar, Post or Pier Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 950 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Water Views
- Storm Windows
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Parking Space
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Utilities
- No Cooling
- No Heating
- 100 Amp Service
- Gas Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 254SPRINGSTNSHM
Community Details
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Additional Features
- Old Harbor Subdivision
- Shops
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2021
Closed on
Aug 18, 2021
Sold by
Bought by
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Nancy Pike
Beach Real Estate
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
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
$349,594
Avg. Annual Appreciation
6.44%
Original Mortgage
$692,000
Outstanding Balance
$616,887
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$682,707
Purchase Details
Closed on
May 1, 1983
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Block Island, RI
-
Matt Phipps
-
Peter Almonte
Peter Almonte
Responds QuicklyTrusthill Real Estate Brkrg.
(401) 681-8477
41 Total Sales
1 in Block Island
$1,725,000 Price
-
Rosemary Tobin
Rosemary Tobin
Lila Delman Compass
(401) 593-4714
45 Total Sales
44 in Block Island
$305K - $7.7M Price Range
-
Cindy Pappas
Cindy Pappas
Sullivan Sotheby's Intl.Realty
(401) 593-7469
30 Total Sales
29 in Block Island
$600K - $5M Price Range
-
Jennifer Phillips
Jennifer Phillips
Phillips Real Estate
(401) 859-4121
23 Total Sales
24 in Block Island
$305K - $3.9M Price Range
-
Wendy Crawford
Wendy Crawford
Lila Delman Compass
(401) 681-3218
27 Total Sales
23 in Block Island
$460K - $3.9M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $950,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $692,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $950,000 | -4.5% | $1,000 / Sq Ft |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $995,000 | -- | $1,047 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,204 | $903,400 | $622,400 | $281,000 |
| 2024 | $5,011 | $907,700 | $622,400 | $285,300 |
| 2023 | $5,464 | $907,700 | $622,400 | $285,300 |
| 2022 | $3,306 | $466,960 | $423,440 | $43,520 |
| 2021 | $3,129 | $466,960 | $423,440 | $43,520 |
| 2020 | $2,970 | $466,960 | $423,440 | $43,520 |
| 2019 | $2,876 | $466,960 | $423,440 | $43,520 |
| 2018 | $2,746 | $461,520 | $423,440 | $38,080 |
| 2017 | $2,705 | $461,520 | $423,440 | $38,080 |
| 2016 | $2,640 | $461,520 | $423,440 | $38,080 |
| 2015 | $3,190 | $579,000 | $529,300 | $49,700 |
| 2014 | $3,092 | $579,000 | $529,300 | $49,700 |
| 2013 | $3,017 | $579,000 | $529,300 | $49,700 |
Source: Public Records
Agents Affiliated with this Home
-
Gail Hall
Seller's Agent in 2021
Gail Hall
Ballard Hall Sales Group
(401) 741-7001
22 Total Sales
-
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: 1283363
APN: BLOC-000007-000000-000011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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