NOT LISTED FOR SALE

418 Payne Rd New Shoreham, RI 02807

Estimated Value: $708,037 - $1,807,000

2 Beds
1 Bath
574 Sq Ft
$1,998/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $350,000 $610 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $6,301/month

79 Days on Market

Highlights

  • Marina
  • Attic
  • Bathtub with Shower
  • Wood Flooring
  • Tennis Courts
  • Storage Room

About This Home

As of August 2020

Wonderful opportunity for a buyer to own a peaceful piece of Block Island. Nicely located on a private lot near the town, school and Medical Center. Walk to town and the Mohegan Bluffs. Open living, dining, kitchen and two bedrooms, one bath on main floor. Walk out basement on lower level. Full attic. Distant views of Clayhead and Atlantic Ocean. Abutting Conservancy land on three sides.

Last Agent to Sell the Property

Gail Heinz

Sullivan Sotheby's Intl.Realty License #RES.0015359 Listed on: 05/13/2020

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Gail Heinz

Sullivan Sotheby's Intl.Realty License #RES.0015359 Listed on: 05/13/2020

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1890

Lot Details

  • 0.28 Acre Lot
  • Property is zoned RA

Home Design

  • Bungalow
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 574 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 418PAYNERDNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • Sands Pond Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2807
  • Subdivision Name: Sands Pond
  • Above Grade Finished Sq Ft: 574.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 574.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12227.0
  • Parcel #: 418PAYNERDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1934.0
  • Tax Lot: 16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2010
Sold by
Wright Lorna M
Bought by
Wright Linwood M
Current Estimated Value
$1,147,009
Source: Public Records

Range of Values:

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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
Wright Linwood M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $350,000 0.0% $610 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $350,000 -- $610 / 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 $2,640 $478,300 $312,500 $165,800
2023 $2,879 $478,300 $312,500 $165,800
2022 $2,223 $313,920 $252,480 $61,440
2021 $2,103 $313,920 $252,480 $61,440
2020 $1,997 $313,920 $252,480 $61,440
2019 $1,934 $313,920 $252,480 $61,440
2018 $1,934 $325,120 $247,520 $77,600
2017 $1,905 $325,120 $247,520 $77,600
2016 $1,860 $325,120 $247,520 $77,600
2015 $2,266 $411,300 $309,400 $101,900
2014 $2,196 $411,300 $309,400 $101,900
2013 $2,143 $411,300 $309,400 $101,900
Source: Public Records

Agents Affiliated with this Home

  • Gail Heinz

    Seller's Agent in 2020

    Gail Heinz

    Sullivan Sotheby's Intl.Realty

    (401) 741-0149

    24 Total Sales

    Gail Heinz
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Map

Source: State-Wide MLS

MLS Number: 1253657

State-Wide MLS

APN: BLOC-000010-000000-000016

Rhode Island Washington County New Shoreham 02807

418 Payne Rd, New Shoreham, RI

This home is located at 418 Payne Rd, New Shoreham, RI 02807 since 13 May 2020 and is currently estimated at $1,147,009, approximately $1,998 per square foot. This property was built in 1890. 418 Payne Rd is a home located in Washington County with nearby schools including Block Island School.

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