NOT LISTED FOR SALE

585 Beach Ave Block Island, RI 02807

10 Beds
6 Baths
3,875 Sq Ft
0.75 Acres

Last Sold October 18, 2021

Last sale price $1,215,000 $314 Per Sq Ft

8 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Heating System Uses Propane

About This Home

As of October 2021

Highest And Best by 9/23/2021 11:59:00 PM MST. A must see property with huge potential. Keep this as an INN or turn it into your dream home. CASH ONLY. Proof of funds with all offers. No changes to P&S / addendum to be signed within 48hrs of acceptance..No changes to P&S / addendum to be signed within 48hrs of acceptance. Buyer and/or agent to verify property information. Bank may not respond for 14 days. Buyer is responsible for obtaining smoke cert., 6D and final water???????????????????????????????????????? readings.

Last Agent to Sell the Property

Jason Smith

JDS Realty Group License #REB.0016371 Listed on: 09/09/2021

Co-Listed By

Dennis Oliveira

JDS Realty Group License #REB.0019228

Last Buyer's Agent

Dennis Oliveira

JDS Realty Group License #REB.0019228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1909

Lot Details

  • 0.75 Acre Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 3,875 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 415 / 03
  • Assessor Parcel Number 585BEACHAVNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,836

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Co List Office Mls Id: JDSR
  • Co List Office Phone: 781-331-3160
  • Above Grade Finished Sq Ft: 3875.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1909
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3875.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank, Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: 585BEACHAVNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6836.0
  • Tax Block: 03
  • Tax Lot: 415
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 4, 2021
Sold by
Us Bank Na
Bought by
585 Beach Ave Llc
Seller's Agent
Jason Smith
JDS Realty Group
Buyer's Agent
Dennis Oliveira
JDS Realty Group
List Price
$863,200
Sold Price
$1,215,000
Premium/Discount to List
$351,800
40.76%

Purchase Details

Closed on
Mar 9, 2020
Sold by
Chieffo David and First Franklin
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 17, 2002
Sold by
Arthur H Macgregor
Bought by
Chieffo David and Chieffo Dina
Source: Public Records

Range of Values:

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Average Value
Not Available
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
585 Beach Ave Llc $1,215,000 None Available
585 Beach Ave Llc $1,215,000 None Available
Us Bank Na $1,622,512 None Available
Us Bank Na $1,622,512 None Available
Chieffo David $795,000 --
Chieffo David $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chieffo David $375,000
Previous Owner Chieffo David $326,500
Previous Owner Chieffo David $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,215,000 +40.8% $314 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $863,200 -- $223 / 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 $5,655 $1,024,500 $777,100 $247,400
2023 $7,725 $1,283,200 $777,100 $506,100
2022 $7,857 $1,109,760 $690,800 $418,960
2021 $7,435 $1,109,760 $690,800 $418,960
2020 $7,058 $1,109,760 $690,800 $418,960
2019 $6,836 $1,109,760 $690,800 $418,960
2018 $6,472 $1,087,760 $679,280 $408,480
2017 $6,374 $1,087,760 $679,280 $408,480
2016 $6,222 $1,087,760 $679,280 $408,480
2015 $7,566 $1,373,100 $849,100 $524,000
2014 $7,332 $1,373,100 $849,100 $524,000
2013 $7,264 $1,394,300 $849,100 $545,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1293147

State-Wide MLS

APN: BLOC-000005-000000-000092