NOT LISTED FOR SALE

299 Southeast Rd Block Island, RI 02807

Estimated Value: $1,791,000 - $2,584,000

2 Beds
1 Bath
560 Sq Ft
$3,767/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $925,000 $1,652 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,192/month

95 Days on Market

Highlights

  • Water Views
  • Walking Distance to Water
  • No Heating
  • Plywood Flooring
  • Porch
  • 1-Story Property

About This Home

As of September 2013

High panoramic views of Island looking Northwest to East. Large well defined 3 acre lot with excellent views of Crescent Beach, Coast Guard Station, sparkling lights of the Mainland. Seasonal 2 bedroom needs work, newer shed. Plenty of potential!

Last Agent to Sell the Property

Mary Stover

Beach Real Estate License #REB.0015695 Listed on: 05/16/2013

Last Buyer's Agent

Michele Phelan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1965

Lot Details

  • 3 Acre Lot
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Shingle Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Plywood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • No Heating
  • 100 Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Southeast Coast Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 299SOUTHEASTEXTRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,036

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Subdivision Name: SOUTHEAST COAST
  • Above Grade Finished Sq Ft: 560.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Plywood
  • Living Area: 560.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 299SOUTHEASTEXTRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6036.0
  • Tax Lot: 40
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Sep 19, 2013
Sold by
Wells Louis R
Bought by
Donnelly Howard W and Donnelly Carol D
Seller's Agent
Mary Stover
Beach Real Estate
Buyer's Agent
Michele Phelan
List Price
$955,000
Sold Price
$925,000
Premium/Discount to List
-$30,000
-3.14%
Current Estimated Value
$2,109,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184,487
Avg. Annual Appreciation
7.15%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Donnelly Howard W $462,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $925,000 -3.1% $1,652 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $955,000 -- $1,705 / 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 $8,652 $1,567,400 $1,264,200 $303,200
2023 $9,436 $1,567,400 $1,264,200 $303,200
2022 $8,520 $1,203,440 $1,120,240 $83,200
2021 $8,063 $1,203,440 $1,120,240 $83,200
2020 $7,654 $1,203,440 $1,120,240 $83,200
2019 $7,413 $1,203,440 $1,120,240 $83,200
2018 $7,269 $1,221,760 $1,120,240 $101,520
2017 $7,160 $1,221,760 $1,120,240 $101,520
2016 $6,988 $1,221,760 $1,120,240 $101,520
2015 $8,484 $1,539,700 $1,400,300 $139,400
2014 $7,960 $1,490,600 $1,400,300 $90,300
2013 $7,766 $1,490,600 $1,400,300 $90,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Stover

    Seller's Agent in 2013

    Mary Stover

    Beach Real Estate

    (401) 466-2312

    21 Total Sales

    Mary Stover
    Section Image

  • M

    Buyer's Agent in 2013

    Michele Phelan

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Map

Source: State-Wide MLS

MLS Number: 1041316

State-Wide MLS

APN: BLOC-000008-000000-000040

Rhode Island Washington County Block Island 02807

299 Southeast Rd, Block Island, RI

This home is located at 299 Southeast Rd, Block Island, RI 02807 since 16 May 2013 and is currently estimated at $2,109,487, approximately $3,766 per square foot. This property was built in 1965. 299 Southeast Rd is a home located in Washington County with nearby schools including Block Island School.

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