NOT LISTED FOR SALE

303 Southeast Rd Block Island, RI 02807

Estimated Value: $2,430,000 - $3,408,000

4 Beds
2 Baths
1,524 Sq Ft
$1,886/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $1,401,000 $919 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $17,049/month

102 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Storm Windows
  • Beach Access
  • Wood Flooring
  • Wood Siding

About This Home

As of December 2014

Charming, circa 1925 Colonial with commanding views of the Atlantic Ocean and NE coastline of Block Island. 4BRS,2baths, FPLC, great porch and wonderful yard. Unique opportunity to own a very special part of Block Island!

Last Listed By

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 07/30/2014

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 1925

Lot Details

  • 1.02 Acre Lot
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,524 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Storm Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Outbuilding

Utilities

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

Community Details

  • Southeast Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 303SOUTHEASTLIGHTRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,979

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0214
  • Subdivision Name: SOUTHEAST
  • Above Grade Finished Sq Ft: 1524.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1524.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 44493.49
  • Parcel #: 303SOUTHEASTLIGHTRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6979.0
  • Tax Lot: 50
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2003
Sold by
Brunberg Louise and Murray Neal
Bought by
Cushman Lee
Total Days on Market
102
Current Estimated Value
$2,874,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$129,961
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,067,177

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
Cushman Lee $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushman Lee $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $1,401,000 -3.4% $919 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $1,450,000 -- $951 / 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 $13,329 $2,414,600 $1,196,400 $1,218,200
2023 $14,536 $2,414,600 $1,196,400 $1,218,200
2022 $13,042 $1,842,160 $1,327,920 $514,240
2021 $12,342 $1,842,160 $1,327,920 $514,240
2020 $11,716 $1,842,160 $1,327,920 $514,240
2019 $11,346 $1,841,920 $1,327,920 $514,000
2018 $11,381 $1,912,720 $1,319,680 $593,040
2017 $9,088 $1,550,880 $1,319,680 $231,200
2016 $7,513 $1,313,440 $1,143,760 $169,680
2015 $9,203 $1,670,200 $1,429,700 $240,500
2014 $8,919 $1,670,200 $1,429,700 $240,500
2013 $8,720 $1,673,800 $1,429,700 $244,100
Source: Public Records

Agents Affiliated with this Home

  • Cindy Pappas

    Seller's Agent in 2014

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    44 Total Sales

    Cindy Pappas
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Mls Member

    Non-Mls Member

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Map

Source: State-Wide MLS

MLS Number: 1074888

State-Wide MLS

APN: BLOC-000008-000000-000050

Rhode Island Washington County Block Island 02807

303 Southeast Rd, Block Island, RI

Homes for Sale in Block Island, RI

This home is located at 303 Southeast Rd, Block Island, RI 02807 since 30 July 2014 and is currently estimated at $2,874,704, approximately $1,886 per square foot. This property was built in 1925. 303 Southeast Rd is a home located in Washington County with nearby schools including Block Island School.

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