NOT LISTED FOR SALE

460 Chapel St Unit 4 Block Island, RI 02807

Estimated Value: $509,000 - $610,136

1 Bed
1 Bath
432 Sq Ft
$233/mo HOA Fee

Last Sold December 20, 2023

Last sale price $492,500 $1,140 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,561/month

16 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Water Views
  • Tennis Courts
  • 1-minute walk to Ocean View Park

About This Home

As of December 2023

Location, Location, Location! Nestled in the heart of Old Harbor and walking distance to shops, restaurants, beaches and ferries. This one-bedroom, one bath walk-up condo is carefree living at its finest. The spacious deck offers outdoor living at its best. Lounge in the sun all day and dine alfresco in the evening while enjoying Ocean views and the boats in the harbor. Don't miss out on this opportunity to own your own little piece of paradise on Block Island. Great rental history!

Last Listed By

Shannon Morgan

Sullivan Sotheby's Intl.Realty License #RES.0032068 Listed on: 11/01/2023

Sullivan Sotheby's Intl.Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1900

Lot Details

  • 0.26

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 432 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 112-4
  • Assessor Parcel Number 460CHAPELST4NSHM

Community Details

Overview

  • Association fees include ground maintenance, parking, sewer, water
  • 4 Units
  • Old Harbor Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,268

Year Built

Built in 1900

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.264
  • Subdivision Name: Old Harbor
  • Above Grade Finished Sq Ft: 432.0
  • Building Name: Chapel Street
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 432.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 233.25
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Sewer, Water

Lot Info

  • Lot Size Sq Ft: 11500.0
  • Parcel #: 460CHAPELST4NSHM
  • Zoning: OHC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1267.6
  • Tax Lot: 112-4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 14, 2024
Sold by
Doherty Ronan and Doherty Lainie
Bought by
Sunshine 13 Llc
Seller's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
List Price
$525,000
Sold Price
$492,500
Premium/Discount to List
-$32,500
-6.19%
Total Days on Market
16
Views
104
Current Estimated Value
$576,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,034
Avg. Annual Appreciation
12.09%

Purchase Details

Listed on
Nov 24, 2018
Closed on
Apr 8, 2019
Sold by
Noreiko Dennis
Bought by
Woomer Aaron
Seller's Agent
Susan Weissman
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
List Price
$349,000
Sold Price
$274,000
Premium/Discount to List
-$75,000
-21.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$219,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Wood Lesley C
Bought by
Noreiko Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

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
Sunshine 13 Llc -- None Available
Woomer Aaron $274,000 --
Noreiko Dennis $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woomer Aaron $213,000
Previous Owner Woomer Aaron $219,200
Previous Owner Noreiko Dennis $230,000
Previous Owner Noreiko Dennis $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $492,500 -6.2% $1,140 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $525,000 +91.6% $1,215 / Sq Ft
04/09/2019 04/09/19 Sold $274,000 -21.5% $634 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
11/24/2018 11/24/18 For Sale $349,000 -- $808 / 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 $1,572 $284,800 $0 $284,800
2023 $1,714 $284,800 $0 $284,800
2022 $1,268 $179,040 $0 $179,040
2021 $1,200 $179,040 $0 $179,040
2020 $1,139 $179,040 $0 $179,040
2019 $1,103 $179,040 $0 $179,040
2018 $1,049 $176,320 $0 $176,320
2017 $1,033 $176,320 $0 $176,320
2016 $1,009 $176,320 $0 $176,320
2015 $1,271 $230,700 $0 $230,700
2014 $1,232 $230,700 $0 $230,700
2013 $1,202 $230,700 $0 $230,700
Source: Public Records

Agents Affiliated with this Home

  • Shannon Morgan

    Seller's Agent in 2023

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    24 Total Sales

    Shannon Morgan
    Section Image

  • S

    Seller's Agent in 2019

    Susan Weissman

    Sullivan Sotheby's Intl.Realty

    (401) 466-5521

    13 Total Sales

    Susan Weissman
    Section Image
  • Cindy Pappas

    Buyer's Agent in 2019

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    44 Total Sales

    Cindy Pappas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1347221

State-Wide MLS

APN: BLOC-000006-000112-000004

Rhode Island Washington County Block Island 02807

460 Chapel St Unit 4, Block Island, RI

Homes for Sale in Block Island, RI

This home is located at 460 Chapel St Unit 4, Block Island, RI 02807 since 01 November 2023 and is currently estimated at $576,534, approximately $1,334 per square foot. This property was built in 1900. 460 Chapel St Unit 4 is a home located in Washington County with nearby schools including Block Island School.

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