283 Spring St Block Island, RI 02807
Estimated Value: $2,407,819 - $2,854,000
3
Beds
2
Baths
2,660
Sq Ft
$974/Sq Ft
Est. Value
Highlights
- Beach Front
- Wine Cellar
- Cathedral Ceiling
- Water Access
- Antique Architecture
- Wood Flooring
About This Home
As of December 2017Historic waterfront cottage, meticulously renovated in 2008. Views to north and east. Solar heating hot water. Easy walk to town. Kayak out the front door.
Last Agent to Sell the Property
Sullivan Sotheby's Intl.Realty License #REB.0015149 Listed on: 09/29/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,738
Year Built
- Built in 1920
Lot Details
- 0.79 Acre Lot
- Beach Front
- Property is zoned RA
Home Design
- Antique Architecture
- Combination Foundation
- Shingle Siding
- Plaster
Interior Spaces
- 2,660 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Thermal Windows
- Wine Cellar
- Utility Room
- Wood Flooring
- Water Views
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
Parking
- 2 Parking Spaces
- No Garage
Eco-Friendly Details
- Solar Water Heater
Outdoor Features
- Water Access
- Walking Distance to Water
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- 200+ Amp Service
- Well
- Septic Tank
- Satellite Dish
Community Details
- Spring St Subdivision
- Shops
Listing and Financial Details
- Tax Lot 078
- Assessor Parcel Number 283SpringSTNSHM
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2017
Closed on
Dec 18, 2017
Sold by
Taber George M and Taber Jean B
Bought by
Horan John G and Horan Rachel
Seller's Agent
Susan Weissman
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Chelsea Phelan Redd
Ballard Hall Sales Group
List Price
$1,595,000
Sold Price
$1,575,000
Premium/Discount to List
-$20,000
-1.25%
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
$1,015,606
Avg. Annual Appreciation
7.04%
Original Mortgage
$825,000
Outstanding Balance
$692,805
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,940,911
Similar Homes in Block Island, RI
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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 |
|---|---|---|---|
| Horan John G | $1,575,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taber Jean B | $825,000 | |
| Previous Owner | Taber Jean B | $202,000 | |
| Previous Owner | Taber Jean B | $50,000 | |
| Previous Owner | Taber Jean B | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2017 12/15/17 | Sold | $1,575,000 | -1.3% | $592 / Sq Ft |
| 11/15/2017 11/15/17 | Pending | -- | -- | -- |
| 09/29/2017 09/29/17 | For Sale | $1,595,000 | -- | $600 / 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 | $10,050 | $1,820,600 | $1,170,300 | $650,300 |
| 2023 | $10,960 | $1,820,600 | $1,170,300 | $650,300 |
| 2022 | $9,261 | $1,308,000 | $1,040,400 | $267,600 |
| 2021 | $8,764 | $1,308,000 | $1,040,400 | $267,600 |
| 2020 | $8,319 | $1,308,000 | $1,040,400 | $267,600 |
| 2019 | $8,057 | $1,308,000 | $1,040,400 | $267,600 |
| 2018 | $8,872 | $1,491,120 | $1,194,960 | $296,160 |
| 2017 | $8,738 | $1,491,120 | $1,194,960 | $296,160 |
| 2016 | $8,529 | $1,491,120 | $1,194,960 | $296,160 |
| 2015 | $10,319 | $1,872,700 | $1,493,700 | $379,000 |
| 2014 | $10,024 | $1,877,100 | $1,493,700 | $383,400 |
| 2013 | $9,780 | $1,877,100 | $1,493,700 | $383,400 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Weissman
S
Seller's Agent in 2017
Susan Weissman
Sullivan Sotheby's Intl.Realty
(401) 466-5521
13 Total Sales
-
Chelsea Phelan Redd
C
Buyer's Agent in 2017
Chelsea Phelan Redd
Ballard Hall Sales Group
(401) 258-5383
3 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1173758
APN: BLOC-000008-000000-000078
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