Seller's Agent in 2024
Rosemary Tobin
Lila Delman Compass
(401) 741-1825
50 in this area
51 Total Sales
270 Spring St Block Island, RI 02807
Estimated Value: $2,647,000 - $2,859,000
4
Beds
3
Baths
2,366
Sq Ft
$1,159/Sq Ft
Est. Value
Highlights
- Beach Front
- Recreation Facilities
- Skylights
- Marina
- Walking Distance to Water
- Cooling System Mounted In Outer Wall Opening
About This Home
As of November 2024Discover the ultimate oceanfront get away with this 4-bedroom, 3-bath cottage on Block Island. Sitting on 1.48 acres, it offers some of the best Atlantic Ocean views around. Built in 1960 and lovingly updated over the years, the home features an open layout on the first floor with a kitchen, living, and dining area, plus a primary suite all designed to take in those stunning ocean views. Upstairs, you'll find three more bedrooms and two full baths, each with amazing views. Perfect for outdoor fun, the property boasts a large yard and direct stairs to Spring Street Seal Beach , ideal for fishing, swimming, and surfing. Begin your mornings with a beautiful Block Island sunrise and unwind in the serene privacy that waterfront living provides. Located close to Town and all its activities, this home offers a perfect blend of adventure and relaxation by the sea. Whether you're looking to entertain guests or enjoy quiet, peaceful moments, this oceanfront home has it all. Property has Coastal Resource Management Council (CRMC) Assent Approval, which provided significant benefits for erosion protection. Greater development flexibility with a Residential Business Zone (RB) which allows for 8% lot coverage. Combined CRMC Assent and RB Zone enhances the property's utility and attractiveness, contributing to its overall value and sustainability.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0028817 Listed on: 07/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,782
Year Built
- Built in 1960
Lot Details
- 1.48 Acre Lot
- Beach Front
- Property is zoned RB
Parking
- No Garage
Home Design
- Cabin
- Combination Foundation
- Block Foundation
- Shingle Siding
Interior Spaces
- 2,366 Sq Ft Home
- 2-Story Property
- Skylights
- Fireplace Features Masonry
- Utility Room
- Water Views
- Unfinished Basement
- Partial Basement
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Walking Distance to Water
- Outdoor Grill
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Oil
- 220 Volts
- Private Water Source
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 79
- Assessor Parcel Number 270SPRINGSTNSHM
Community Details
Overview
- Spring Street Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Oct 31, 2024
Sold by
Faron Douglas J and Faron Barbara
Bought by
Coastal Gatherings Llc
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$3,475,000
Sold Price
$2,750,000
Premium/Discount to List
-$725,000
-20.86%
Views
62
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
-$8,886
Avg. Annual Appreciation
-0.23%
Purchase Details
Listed on
Nov 7, 2017
Closed on
May 11, 2018
Sold by
Treasured Island Lp
Bought by
Faron Douglas J and Faron Barbara
Seller's Agent
Michele Phelan
Ballard Hall Sales Group
Buyer's Agent
Laurel Littlefield
Ballard Hall Sales Group
List Price
$1,525,000
Sold Price
$1,310,000
Premium/Discount to List
-$215,000
-14.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$1,048,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coastal Gatherings Llc | $2,750,000 | None Available | |
| Coastal Gatherings Llc | $2,750,000 | None Available | |
| Faron Douglas J | $1,310,000 | -- | |
| Faron Douglas J | $1,310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Faron Douglas J | $1,048,000 | |
| Previous Owner | Faron Douglas J | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $2,750,000 | -20.9% | $1,162 / Sq Ft | |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- | |
| 07/15/2024 07/15/24 | For Sale | $3,475,000 | +165.3% | $1,469 / Sq Ft | |
| 05/11/2018 05/11/18 | Sold | $1,310,000 | -14.1% | $936 / Sq Ft | View Prior Sale |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- | |
| 11/07/2017 11/07/17 | For Sale | $1,525,000 | -- | $1,089 / Sq Ft |
Source: State-Wide MLS
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 |
|---|---|---|---|---|
| 2025 | $9,055 | $1,572,100 | $1,231,800 | $340,300 |
| 2024 | $8,710 | $1,577,900 | $1,231,800 | $346,100 |
| 2023 | $9,478 | $1,574,500 | $1,231,800 | $342,700 |
| 2022 | $8,782 | $1,240,400 | $1,096,320 | $144,080 |
| 2021 | $8,311 | $1,240,400 | $1,096,320 | $144,080 |
| 2020 | $7,889 | $1,240,400 | $1,096,320 | $144,080 |
| 2019 | $7,641 | $1,240,400 | $1,096,320 | $144,080 |
| 2018 | $8,538 | $1,435,040 | $1,297,360 | $137,680 |
| 2017 | $8,409 | $1,435,040 | $1,297,360 | $137,680 |
| 2016 | $8,208 | $1,435,040 | $1,297,360 | $137,680 |
| 2015 | $9,928 | $1,801,800 | $1,621,700 | $180,100 |
| 2014 | $9,622 | $1,801,800 | $1,621,700 | $180,100 |
| 2013 | $9,387 | $1,801,800 | $1,621,700 | $180,100 |
Source: Public Records
Agents Affiliated with this Home
-
Rosemary Tobin
-
Michele Phelan
Seller's Agent in 2018
Michele Phelan
Ballard Hall Sales Group
(401) 741-6577
11 in this area
11 Total Sales
-
Laurel Littlefield
L
Buyer's Agent in 2018
Laurel Littlefield
Ballard Hall Sales Group
(401) 741-4953
5 in this area
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1363644
APN: BLOC-000008-000000-000079
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