NOT LISTED FOR SALE

665 Ministers Lot Path Block Island, RI 02807

Estimated Value: $1,428,000 - $1,607,000

4 Beds
2.5 Baths
1,312 Sq Ft
$167/mo HOA Fee

Last Sold December 17, 2019

Last sale price $886,000 $675 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,596/month

120 Days on Market

Highlights

  • Beach Access
  • Private Lot
  • Wood Flooring
  • Deck
  • Wooded Lot
  • Attic

About This Home

As of December 2019

The epitome of simple island living, this wonderful summer cottage is just 400 steps down a private road and deeded path to Mansion Beach. This cozy 4 bedroom 2 1/2 bath(plus an enclosed outdoor shower)home has been lovingly maintained and updated to include a gas fireplace, central vacuum, indirect lighting, full basement and more. As part of the Ministers Lot Homeowners Assoc., these cottages were once known as "sweeping cottages" for their easy living with an open floor plan. After a day at the beach, biking to town, or clamming at Andy's Way, gather back on the extended decks in the buffered yard to share tales of the day.

Last Agent to Sell the Property

Gail Heinz

Sullivan Sotheby's Intl.Realty License #RES.0015359 Listed on: 07/19/2019

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Emily Butcher

Block Island Realty License #RES.0034532

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1970

Lot Details

  • Secluded Lot
  • Wooded Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Garage
  • No Garage
  • Assigned Parking

Home Design

  • Block Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Wood Flooring
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 10-2-8
  • Assessor Parcel Number 665MINISTERSLOTPATHNSHM

Community Details

Overview

  • 11 Units
  • Mansion Beach Area Subdivision

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,559

Year Built

Built in 1970

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.0002
  • Subdivision Name: Mansion Beach area
  • Above Grade Finished Sq Ft: 1312.0
  • Building Name: Ministers Lot Homeowne
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic, Skylights, Tub Shower, Central Vacuum
  • Living Area: 1312.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Barbecue
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Other
  • Heating Yn: No
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Water Available
  • Water Source: Connected, Private, Well

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 8.49
  • Parcel #: 665MINISTERSLOTPATHNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 3559.0
  • Tax Lot: 10-2-8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Dec 13, 2019
Sold by
Salted Away Llc
Bought by
Powers Robert D and Powers Sally
Seller's Agent
Gail Heinz
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Emily Butcher
Block Island Realty
List Price
$945,000
Sold Price
$886,000
Premium/Discount to List
-$59,000
-6.24%
Current Estimated Value
$1,501,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,652
Avg. Annual Appreciation
9.27%
Original Mortgage
$708,800
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
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
Powers Robert D $886,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Robert D $708,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $886,000 -6.2% $675 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $945,000 -- $720 / 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 $5,972 $1,081,900 $0 $1,081,900
2023 $6,513 $1,081,900 $0 $1,081,900
2022 $4,236 $598,240 $0 $598,240
2021 $4,008 $598,240 $0 $598,240
2020 $3,805 $598,240 $0 $598,240
2019 $3,685 $598,240 $0 $598,240
2018 $3,560 $598,240 $0 $598,240
2017 $3,506 $598,240 $0 $598,240
2016 $3,422 $598,240 $0 $598,240
2015 $3,400 $617,000 $0 $617,000
2014 $3,340 $625,400 $0 $625,400
2013 $3,258 $625,400 $0 $625,400
Source: Public Records

Agents Affiliated with this Home

  • Gail Heinz

    Seller's Agent in 2019

    Gail Heinz

    Sullivan Sotheby's Intl.Realty

    (401) 741-0149

    24 Total Sales

    Gail Heinz
    Section Image

  • E

    Buyer's Agent in 2019

    Emily Butcher

    Block Island Realty

    (401) 742-2589

    9 Total Sales

    Emily Butcher
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1230010

State-Wide MLS

APN: BLOC-000003-000010-000002-000008

Rhode Island Washington County Block Island 02807

665 Ministers Lot Path, Block Island, RI

This home is located at 665 Ministers Lot Path, Block Island, RI 02807 since 19 July 2019 and is currently estimated at $1,501,652, approximately $1,144 per square foot. This property was built in 1970. 665 Ministers Lot Path is a home located in Washington County with nearby schools including Block Island School.

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