Seller's Agent in 2022
Jennifer Phillips
Phillips Real Estate
(401) 466-8806
32 Total Sales
33 Ocean Ave Unit 5 New Shoreham, RI 02807
2
Beds
2
Baths
768
Sq Ft
$308/mo
HOA Fee
Highlights
- Water Views
- Walking Distance to Water
- <<tubWithShowerToken>>
- Wood Flooring
- Air Filtration System
- Shops
About This Home
As of October 2022Live near the pulse of Block Island’s entertainment! This condo situates you right in the middle of the action which allows the enjoyment and convenience of living near it all! VIP seats to Block Island’s hometown traditional 4th of July parade, fireworks and all the celebration of the day. Walk from the ferry, drop your gear; take a walk on the beach, eat at your favorite restaurant, check out the shops or just sit and relax on the sizable wrap around deck and engage in a bird’s eye view of everyone and everything. Front penthouse level offers you 768 square feet of living with two bedrooms and two full baths and an open spacious floor plan for all of summer’s entertaining. This condominium is no hassle luxury; just arrive and have fun! It’s also a great investment, use it, or rent it, this location is very smart for weekly or nightly rentals year-round. This investment lets you be on the Island when you want and rent it when you don’t. #beinthemidofitallonbi #summer2017
Last Agent to Sell the Property
Lila Delman Compass License #RES.0028817 Listed on: 02/03/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,858
Year Built
- Built in 2008
HOA Fees
- $308 Monthly HOA Fees
Home Design
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 768 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Wood Flooring
- Water Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- <<tubWithShowerToken>>
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Outdoor Features
- Walking Distance to Water
Utilities
- Air Filtration System
- Heating Available
- 100 Amp Service
- Electric Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 3-2-5
- Assessor Parcel Number 33OceanAVNSHM
Community Details
Overview
- 6 Units
Amenities
- Shops
- Restaurant
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2022
Closed on
Oct 13, 2022
Sold by
Canzellarini Cameron and Canzellarini Samantha
Bought by
Zettell Scott A and Zettell Christine H
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
List Price
$845,000
Sold Price
$785,000
Premium/Discount to List
-$60,000
-7.1%
Views
8
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
$177,793
Avg. Annual Appreciation
7.71%
Original Mortgage
$528,500
Outstanding Balance
$510,458
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,335
Purchase Details
Closed on
Sep 27, 2019
Sold by
Canzellarini Cameron and Canzellarini Samantha
Bought by
Canzellarini Cameron and Canzellarini Samantha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.13%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Feb 3, 2017
Closed on
Apr 13, 2018
Sold by
Yerxa Gavin M and Yerxa Haley M
Bought by
Canzellarini Cameron and Smolicz Samantha
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$429,000
Sold Price
$312,000
Premium/Discount to List
-$117,000
-27.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$262,200
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $785,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $312,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $528,500 | Purchase Money Mortgage | |
| Previous Owner | $262,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $262,200 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2022 10/13/22 | Sold | $785,000 | -7.1% | $1,022 / Sq Ft |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $845,000 | +170.8% | $1,100 / Sq Ft |
| 04/12/2018 04/12/18 | Sold | $312,000 | -27.3% | $406 / Sq Ft |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- |
| 02/03/2017 02/03/17 | For Sale | $429,000 | -- | $559 / 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 | $4,127 | $747,700 | $0 | $747,700 |
| 2023 | $4,501 | $747,700 | $0 | $747,700 |
| 2022 | $1,738 | $245,440 | $0 | $245,440 |
| 2021 | $1,644 | $245,440 | $0 | $245,440 |
| 2020 | $1,561 | $245,440 | $0 | $245,440 |
| 2019 | $1,512 | $245,440 | $0 | $245,440 |
| 2018 | $2,973 | $499,600 | $0 | $499,600 |
| 2017 | $2,928 | $499,600 | $0 | $499,600 |
| 2016 | $2,858 | $499,600 | $0 | $499,600 |
| 2015 | $3,516 | $638,200 | $0 | $638,200 |
| 2014 | $3,408 | $638,200 | $0 | $638,200 |
| 2013 | $3,361 | $645,100 | $0 | $645,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Phillips
-
Carolyn Casady
C
Seller Co-Listing Agent in 2022
Carolyn Casady
Phillips Real Estate
(203) 605-2672
13 Total Sales
-
Cindy Pappas
Buyer's Agent in 2022
Cindy Pappas
Sullivan Sotheby's Intl.Realty
(401) 864-0996
42 Total Sales
-
Rosemary Tobin
Seller's Agent in 2018
Rosemary Tobin
Lila Delman Compass
(401) 741-1825
60 Total Sales
-
Kaylan McAleer
Seller Co-Listing Agent in 2018
Kaylan McAleer
Lila Delman Compass
(401) 829-1595
3 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1150404
APN: BLOC-000006-000000-000003-000002-5
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