NOT LISTED FOR SALE

556 Center Rd Block Island, RI 02807

Estimated Value: $1,289,000 - $2,190,000

5 Beds
4 Baths
5,386 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 07, 2020

Last sale price $850,000 $158 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,731/month

414 Days on Market

Highlights

  • Antique Architecture
  • Wood Flooring
  • Wet Bar
  • Cathedral Ceiling
  • Attic
  • Bathtub with Shower

About This Home

As of November 2020

Stately 3,000+ square foot house was originally the Primitive Methodist Church and then went under an impressive renovation in the 1980s. Refurbished into a 5 bedroom 4 bath impressive home including a master suite on the first floor. The renovation design effectively mixed contemporary updates with the original nature of the building including. Characteristics such as remarkable stained-glass windows, original church bell, distinctive alter archway and alter rail, original hardwood flooring reclaimed from local shipwrecks and many other unique details. Recent updates include high-tech bottomless sand filtered 5 bedroom septic, new chimney liner, oil fired boiler and new roof. Property located in what was previously the village center and is currently zoned as Residential B. The building has been run as a Bed & Breakfast and as an antique shop in the 80s and 90s. On a limited basis the family home still operates an antique shop filled with treasures. Both basement and attic run the full length and width of this 37 x 56 square foot building layout. There is also a lovely back deck overlooking stone wall and verdant back yard. Within a mile to both Old and New Harbor and to eastern swimming beaches this conveniently located residence provides numerous options for you.

Last Listed By

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 08/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1907

Lot Details

  • 5,625 Sq Ft Lot
  • Property is zoned RB

Home Design

  • Antique Architecture
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 556CENTERRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1291
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1907
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2186.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower
  • Living Area: 5386.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5625.0
  • Parcel #: 556CENTERRDNSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3144.0
  • Tax Lot: 61
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 29, 2020
Sold by
Kessler Shirley B Est and Kessler
Bought by
Coralberry Block Island
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Michele Phelan
List Price
$939,000
Sold Price
$850,000
Premium/Discount to List
-$89,000
-9.48%
Total Days on Market
414
Current Estimated Value
$1,652,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$802,029
Avg. Annual Appreciation
15.08%

Range of Values:

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Average Value
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List Price
Sold Price
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    • 3 Beds
    • 3 Baths
    • 2,304 Sq Ft
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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
Coralberry Block Island $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessler Sanford $102,730
Previous Owner Kessler Sanford $116,900
Previous Owner Kessler Sanford $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2020 11/07/20 Sold $850,000 -9.5% $158 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $939,000 -- $174 / 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 $6,866 $1,243,900 $231,700 $1,012,200
2023 $7,488 $1,243,900 $231,700 $1,012,200
2022 $4,172 $589,200 $206,000 $383,200
2021 $3,801 $567,360 $206,000 $361,360
2020 $3,262 $512,880 $206,000 $306,880
2019 $3,159 $512,880 $206,000 $306,880
2018 $3,193 $536,560 $206,000 $330,560
2017 $3,144 $536,560 $206,000 $330,560
2016 $3,069 $536,560 $206,000 $330,560
2015 $3,788 $687,500 $257,500 $430,000
2014 $3,671 $687,500 $257,500 $430,000
2013 $3,611 $693,000 $257,500 $435,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Phillips

    Seller's Agent in 2020

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    32 Total Sales

    Jennifer Phillips
    Section Image

  • M

    Buyer's Agent in 2020

    Michele Phelan

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1232785

State-Wide MLS

APN: BLOC-000018-000000-000061

Rhode Island Washington County Block Island 02807

556 Center Rd, Block Island, RI

Homes for Sale in Block Island, RI

This home is located at 556 Center Rd, Block Island, RI 02807 since 20 August 2019 and is currently estimated at $1,652,029, approximately $306 per square foot. This property was built in 1907. 556 Center Rd is a home located in Washington County with nearby schools including Block Island School.

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