NOT LISTED FOR SALE

478 Old Town Rd Block Island, RI 02807

Estimated Value: $1,098,000 - $1,435,000

3 Beds
4 Baths
1,200 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $675,000 $562 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,463/month

1,330 Days on Market

Highlights

  • Game Room
  • 1 Car Detached Garage
  • Ceramic Tile Flooring
  • Cottage
  • Laundry Room
  • Heating System Uses Steam

About This Home

As of February 2017

This home is located at 478 Old Town Rd, Block Island, RI 02807 since 21 May 2013 and is currently estimated at $1,287,214, approximately $1,072 per square foot. This property was built in 1913. 478 Old Town Rd is a home located in Washington County with nearby schools including Block Island School.

Last Agent to Sell the Property

Katharine Butcher

Block Island Realty License #REC.0015081 Listed on: 05/21/2013

Last Buyer's Agent

Rosemary Tobin

Lila Delman Compass License #RES.0028817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1913

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Game Room
  • Utility Room
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Electric Water Heater

Community Details

  • Old Harbor Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 478OLDTOWNRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: OLD HARBOR
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1913
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Game Room, Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 478OLDTOWNRDNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1663.8
  • Tax Lot: 17
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Feb 10, 2017
Sold by
Willis John A
Bought by
Zendt Rebecca E and Dugan Sean M
Seller's Agent
Katharine Butcher
Block Island Realty
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$760,000
Sold Price
$675,000
Premium/Discount to List
-$85,000
-11.18%
Current Estimated Value
$1,287,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,214
Avg. Annual Appreciation
7.79%
Original Mortgage
$533,800
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 10, 2013
Sold by
Merrill E Slate Ling T E and Merrill Slate-Ling
Bought by
Willis John A
Source: Public Records

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
Zendt Rebecca E $675,000 --
Willis John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zendt Rebecca E $491,000
Closed Willis John A $533,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $675,000 -11.2% $563 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
05/21/2013 05/21/13 For Sale $760,000 -- $633 / 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 $4,239 $768,000 $287,300 $480,700
2023 $4,623 $768,000 $287,300 $480,700
2022 $3,199 $451,840 $268,960 $182,880
2021 $3,027 $451,840 $268,960 $182,880
2020 $2,874 $451,840 $268,960 $182,880
2019 $2,783 $451,840 $268,960 $182,880
2018 $1,999 $336,000 $215,120 $120,880
2017 $1,969 $336,000 $215,120 $120,880
2016 $1,922 $336,000 $215,120 $120,880
2015 $2,267 $411,500 $268,900 $142,600
2014 $2,197 $411,500 $268,900 $142,600
2013 $2,464 $473,000 $268,900 $204,100
Source: Public Records

Agents Affiliated with this Home

  • Katharine Butcher

    Seller's Agent in 2017

    Katharine Butcher

    Block Island Realty

    (401) 466-5887

    17 Total Sales

    Katharine Butcher
    Section Image
  • Rosemary Tobin

    Buyer's Agent in 2017

    Rosemary Tobin

    Lila Delman Compass

    (401) 741-1825

    60 Total Sales

    Rosemary Tobin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1041721

State-Wide MLS

APN: BLOC-000006-000000-000017

Rhode Island Washington County Block Island 02807

478 Old Town Rd, Block Island, RI

This home is located at 478 Old Town Rd, Block Island, RI 02807 since 21 May 2013 and is currently estimated at $1,287,214, approximately $1,072 per square foot. This property was built in 1913. 478 Old Town Rd is a home located in Washington County with nearby schools including Block Island School.

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