$1,150,000
SOLD AUG 25, 2023

296 Southeast Rd Block Island, RI 02807

3 Beds
1 Bath
1,327 Sq Ft
0.45 Acres

Recently Sold

$867 Per Sq Ft

36 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Furnished
  • Wood Burning Stove
  • Wood Flooring
  • Cottage

About This Home

As of August 2023

Welcome to your dream Block Island retreat! This charming home offers a tranquil escape, seamlessly blending classic elegance with modern upgrades. Step inside to find the recently renovated kitchen with stainless-steel appliances, granite countertops, and a wood topped island with storage. The first floor also includes a cozy living room with a wood stove, a spacious dining area, and a full bathroom. The beautiful stonework and exposed beams throughout the house add a unique rustic charm that perfectly complements the island's natural beauty. The second floor includes an East-facing bedroom with ocean views, a sleeping area, and one additional bedroom. A garage provides convenience and additional storage. New roof, windows, & outdoor shower ensure peace of mind and low maintenance for years to come. The furnace, oil tank and water treatment system have all been thoughtfully upgraded to provide a comfortable and worry-free lifestyle. Located just 1 mile from Old Harbor, you'll have easy access to a plethora of shops, restaurants, and entertainment options. Take a leisurely stroll to Green Hill Cove, bike ride to enjoy the island's charm or escape to your private yard offering a serene backdrop for relaxation and entertaining. Originally built in 1875, showcasing the rich heritage of Block Island with timeless charm and modern amenities. Whether you're seeking a year-round residence or a seasonal getaway, this gem is the epitome of island living.

Last Agent to Sell the Property

Gina Quick

Ballard Hall Sales Group License #RES.0043760 Listed on: 07/19/2023

Last Buyer's Agent

Michele Phelan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1875

Lot Details

  • 0.45 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1,327 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Stove
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Spring Street Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 296SOUTHEASTRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,225

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4477
  • Subdivision Name: Spring Street
  • Above Grade Finished Sq Ft: 1327.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1875
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Furnished, Wood Burning Stove
  • Living Area: 1327.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Wood Siding, Masonry, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19500.0
  • Parcel #: 296SOUTHEASTRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3225.0
  • Tax Lot: 8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Corcoran Monika
Bought by
Monika Corcoran Ret and Corcoran
Current Estimated Value
$1,298,930

Purchase Details

Listed on
Apr 20, 2018
Closed on
Aug 3, 2018
Sold by
Lambert Schwartz T W and Lambert Schwartz
Bought by
Quick Family Realty Ll
Seller's Agent
Colby Millikin
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Robin Vila
Ballard Hall Sales Group
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Source: Public Records

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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $660,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $1,150,000 0.0% $867 / Sq Ft
07/19/2023 07/19/23 For Sale $1,150,000 +74.2% $867 / Sq Ft
08/03/2018 08/03/18 Sold $660,000 -9.0% $537 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $725,000 -- $589 / 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 $4,292 $777,500 $317,200 $460,300
2023 $4,681 $777,500 $317,200 $460,300
2022 $3,255 $459,760 $281,840 $177,920
2021 $3,080 $459,760 $281,840 $177,920
2020 $2,924 $459,760 $281,840 $177,920
2019 $2,832 $459,760 $281,840 $177,920
2018 $2,584 $434,320 $265,520 $168,800
2017 $2,545 $434,320 $265,520 $168,800
2016 $2,484 $434,320 $265,520 $168,800
2015 $3,042 $552,100 $331,900 $220,200
2014 $2,948 $552,100 $331,900 $220,200
2013 $2,876 $552,100 $331,900 $220,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gina Quick

    Ballard Hall Sales Group

    (401) 418-0629

    7 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Michele Phelan

  • C

    Seller's Agent in 2018

    Colby Millikin

    Sullivan Sotheby's Intl.Realty

  • R

    Buyer's Agent in 2018

    Robin Vila

    Ballard Hall Sales Group

    (401) 465-7986

    25 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1339636

State-Wide MLS

APN: BLOC-000008-000000-000035

Rhode Island Washington County Block Island 02807

296 Southeast Rd, Block Island, RI

This home is located at 296 Southeast Rd, Block Island, RI 02807 and is currently priced at $1,150,000, approximately $866 per square foot. This property was built in 1875. 296 Southeast Rd is a home located in Washington County with nearby schools including Block Island School.

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