NOT LISTED FOR SALE

480 Old Town Rd Block Island, RI 02807

Estimated Value: $1,381,000 - $2,294,000

3 Beds
1 Bath
1,404 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $595,000 $424 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $10,861/month

1,031 Days on Market

Highlights

  • Wooded Lot
  • Plywood Flooring
  • No Heating

About This Home

As of April 2017

Remarkable ocean, pond and island views all from this 7.95 acre parcel located within walking distance to town and beaches. Three bedroom home full of character and whimsy.

Last Agent to Sell the Property

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 06/01/2014

Last Buyer's Agent

Mary Stover

Beach Real Estate License #REB.0015695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1970

Lot Details

  • 7.95 Acre Lot
  • Wooded Lot
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property

Flooring

  • Plywood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Views And Convenience Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 480OFFOLDTOWNRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,538

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 7.95
  • Subdivision Name: VIEWS AND CONVENIENCE
  • Above Grade Finished Sq Ft: 1404.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Plywood, Vinyl
  • Living Area: 1404.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Shingle Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 346302.0
  • Parcel #: 480OFFOLDTOWNRDNSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3538.0
  • Tax Lot: 70
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Apr 28, 2017
Sold by
Hackett Julie E
Bought by
Hallock Jeffry N
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Mary Stover
Beach Real Estate
List Price
$840,000
Sold Price
$595,000
Premium/Discount to List
-$245,000
-29.17%
Current Estimated Value
$1,911,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,529
Avg. Annual Appreciation
14.47%
Original Mortgage
$295,000
Outstanding Balance
$247,236
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,602,300
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
Hallock Jeffry N $595,000 --
Hackett Julie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hackett Julie E $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $595,000 -29.2% $424 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
06/01/2014 06/01/14 For Sale $840,000 -- $598 / 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 $8,124 $1,471,800 $681,000 $790,800
2023 $8,770 $1,456,800 $681,000 $775,800
2022 $6,066 $856,832 $545,952 $310,880
2021 $5,469 $816,272 $545,952 $270,320
2020 $4,977 $782,592 $545,952 $236,640
2019 $4,725 $766,992 $545,952 $221,040
2018 $4,465 $750,352 $545,952 $204,400
2017 $3,945 $673,152 $545,952 $127,200
2016 $3,850 $673,152 $545,952 $127,200
2015 $4,677 $848,840 $682,440 $166,400
2014 $4,533 $848,840 $682,440 $166,400
2013 $4,422 $848,840 $682,440 $166,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Phillips

    Seller's Agent in 2017

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    29 Total Sales

    Jennifer Phillips
    Section Image
  • Mary Stover

    Buyer's Agent in 2017

    Mary Stover

    Beach Real Estate

    (401) 466-2312

    21 Total Sales

    Mary Stover
    Section Image

  • H

    Buyer Co-Listing Agent in 2017

    Hanna Greenlee Martin

    Phillips Real Estate

    (401) 466-8806

    7 Total Sales

    Hanna Greenlee Martin
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1069439

State-Wide MLS

APN: BLOC-000006-000000-000070

Rhode Island Washington County Block Island 02807

480 Old Town Rd, Block Island, RI

This home is located at 480 Old Town Rd, Block Island, RI 02807 since 01 June 2014 and is currently estimated at $1,911,529, approximately $1,361 per square foot. This property was built in 1970. 480 Old Town Rd is a home located in Washington County with nearby schools including Block Island School.

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