NOT LISTED FOR SALE

393 Pilot Hill Rd Block Island, RI 02807

Estimated Value: $1,148,000 - $1,742,000

2 Beds
1 Bath
720 Sq Ft
$1,986/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $631,000 $876 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,771/month

65 Days on Market

Highlights

  • Water Views
  • Attic
  • Baseboard Heating
  • Horses Allowed On Property
  • Shops
  • Storm Doors

About This Home

As of October 2013

Single story ranch in scenic setting offering ocean views and close proximity to beaches & town. 2 bdroms, 1 bath on 1.8 beautifully mowed acres wth exposed stone walls. Outbuilding for lawn equipment, bikes, & beach equipment. Full basement/workshop

Last Agent to Sell the Property

Gail Hall

Ballard Hall Sales Group License #REB.0014378 Listed on: 07/25/2013

Last Buyer's Agent

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 1964

Lot Details

  • 1.8 Acre Lot
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Outbuilding
  • Horses Allowed On Property

Community Details

  • South Central Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 393PILOTHILLRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,272

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.8
  • Subdivision Name: SOUTH CENTRAL
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic
  • Living Area: 720.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 78408.0
  • Parcel #: 393PILOTHILLRDNSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3271.8
  • Tax Lot: 215
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Oct 30, 2013
Sold by
Cowles Elizabeth A Est
Bought by
Babcock Craig W and Babcock Pamela J
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
List Price
$665,000
Sold Price
$631,000
Premium/Discount to List
-$34,000
-5.11%
Current Estimated Value
$1,429,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,873
Avg. Annual Appreciation
7.05%
Original Mortgage
$81,490
Outstanding Balance
$41,897
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$1,387,976

Purchase Details

Closed on
May 14, 2013
Sold by
Seller Unknown
Bought by
Cowles Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2008
Sold by
Cowles Jeffrey W
Bought by
Cowles Elizabeth A
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 Buyer Sale Price Title Company
Babcock Craig W $631,000 --
Babcock Craig W $631,000 --
Cowles Elizabeth -- --
Cowles Elizabeth A $119,000 --
Cowles Elizabeth A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowles Elizabeth A $81,490
Closed Cowles Elizabeth A $81,490
Previous Owner Cowles Elizabeth A $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $631,000 -5.1% $876 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $665,000 -- $924 / 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 $3,438 $622,800 $493,100 $129,700
2023 $3,749 $622,800 $493,100 $129,700
2022 $3,124 $441,280 $440,800 $480
2021 $3,466 $517,360 $440,800 $76,560
2020 $3,290 $517,360 $440,800 $76,560
2019 $3,187 $517,360 $440,800 $76,560
2018 $3,226 $542,160 $440,800 $101,360
2017 $3,177 $542,160 $440,800 $101,360
2016 $3,101 $542,160 $440,800 $101,360
2015 $4,452 $808,000 $664,400 $143,600
2014 $4,315 $808,000 $664,400 $143,600
2013 $4,221 $810,200 $664,400 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Gail Hall

    Seller's Agent in 2013

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    28 Total Sales

    Gail Hall
    Section Image
  • Cindy Pappas

    Buyer's Agent in 2013

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    31 Total Sales

    Cindy Pappas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1046878

State-Wide MLS

APN: BLOC-000008-000000-000215

Rhode Island Washington County Block Island 02807

393 Pilot Hill Rd, Block Island, RI

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