$870,000
SOLD JUL 18, 2024

72 W Side Rd Unit 5 Block Island, RI 02807

2 Beds
2.5 Baths
1,010 Sq Ft
$710/mo HOA Fee

Recently Sold

$861 Per Sq Ft

3% Below List Price

Highlights

  • Marina
  • Water Access
  • Private Lot
  • Water Views
  • In Ground Pool
  • 1-minute walk to Ball O'Brien Park

About This Home

As of July 2024

Experience all New Harbor amenities including restaurants, shops, and marinas from this large 1010 square foot two-bedroom, two and a half bath, Salt Pond Settlement condominium. Situated on The Great Salt Pond this condominium is part of a thirty-four-unit ownership with many offerings, including access to the pond and a unique to Block Island outdoor swimming pool. Located in the heart of New Harbor unit owners are within walking distance to restaurants, shopping and the popular town playground with open pavilion, Skate Park, basketball, and tennis courts. This all-on-one-level kitchen, open dining/living with gas fireplace is the perfect get-a-way! Spectacular Great Salt Pond, ocean, and the North Lighthouse views from the living room leading outside to a private/common deck. Common areas include a large grilling & picnic area. Deeded path to The Great Salt Pond makes it easy to kayak canoe, walk the beach or visit the Oar! Condominium ownership at Salt Pond Settlement, allows owners the freedom to enjoy Block Island year-round. Easy to arrive and easy to leave each unit is monitored by onsite management. All you have to worry about is locking your door and getting to the ferry on time, the rest it taken care of.

Last Agent to Sell the Property

Rosemary Tobin

Compass / Lila Delman Compass License #RES.0028817

Last Buyer's Agent

Shannon Morgan

Sullivan Sotheby's Intl.Realty License #RES.0032068

Sullivan Sotheby's Intl.Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2003

Lot Details

  • Secluded Lot

HOA Fees

  • $710 Monthly HOA Fees

Home Design

  • Shingle Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Gas Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 40 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 2-5
  • Assessor Parcel Number 72WESTSIDERD5NSHM

Community Details

Overview

  • Association fees include clubhouse, HVAC, hot water, ground maintenance, parking, pool(s), sewer, security, water
  • 34 Units
  • New Harbor Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops
  • Restaurant
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,555

Year Built

Built in 2003

Lot Details

0

HOA Fees

$710 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Inclusions: Association Fee includes assessment of $100. Each unit owner that rents the unit weekly also pays a fee per week. For a two bedrooms that fee is $100 per week.
  • Subdivision Name: New Harbor
  • Above Grade Finished Sq Ft: 1010.0
  • Building Name: Salt Pond Settlement
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More, One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2003
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Furnished
  • Appliances: Common Water Heater, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Second Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1010.0
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 40.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Marina, Maintenance On-Site, Playground, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Maintenance, Playground, Pool, Restaurant, Tennis Court(s), Garden Area, Storage
  • Association Fee: 710.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Clubhouse, HVAC, Hot Water, Maintenance Grounds, Parking, Pool(s), Sewer, Security, Water

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 72WESTSIDERD5NSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 34

Tax Info

  • Tax Annual Amount: 2555.0
  • Tax Lot: 2-5
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $870,000 -2.8% $861 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $895,000 +21.4% $886 / Sq Ft
06/01/2021 06/01/21 Sold $737,500 -7.7% $730 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $799,000 +309.7% $791 / Sq Ft
07/26/2013 07/26/13 Sold $195,000 -13.3% $251 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $225,000 -- $289 / Sq Ft
Source: State-Wide MLS

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 $1,342 $243,100 $0 $243,100
2023 $1,463 $243,100 $0 $243,100
2022 $921 $130,080 $0 $130,080
2021 $872 $130,080 $0 $130,080
2020 $827 $130,080 $0 $130,080
2019 $801 $130,080 $0 $130,080
2018 $908 $152,560 $0 $152,560
2017 $894 $152,560 $0 $152,560
2016 $873 $152,560 $0 $152,560
2015 $1,095 $198,800 $0 $198,800
2014 $1,062 $198,800 $0 $198,800
2013 $1,036 $198,800 $0 $198,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 Purchase Money Mortgage
Closed $520,000 Purchase Money Mortgage
Previous Owner $148,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $870,000 None Available
Deed $870,000 None Available
Warranty Deed $248,000 None Available
Warranty Deed $248,000 None Available
Warranty Deed $170,000 None Available
Warranty Deed $170,000 None Available
Source: Public Records

Similar Home in Block Island, RI

  • 72 W Side Rd Unit 6, Block Island, RI 02807

    $785,000

    • 2 Beds
    • 2 Baths
    • 843 Sq Ft
    • 72 W Side Rd
    • Unit 6
    • Block Island, RI

    Experience the full New Harbor lifestyle with this spacious 843 square foot two-bedroom, two-bathroom condominium in Salt Pond Settlement. Adjacent to The Great Salt Pond, this condominium is part of a community of thirty-four units, offering an array of amenities, including access to the pond and an exclusive outdoor swimming pool unique to Block Island. Centrally located in New Harbor,

    Rosemary Tobin Compass / Lila Delman Compass

    Section Image
See All Homes in Block Island

Source: State-Wide MLS

MLS Number: 1361107

State-Wide MLS

APN: BLOC-000019-000002-000005

Rhode Island Washington County Block Island 02807

72 W Side Rd Unit 5, Block Island, RI

Homes for Sale in Block Island, RI

This home is located at 72 W Side Rd Unit 5, Block Island, RI 02807 and is currently priced at $870,000, approximately $861 per square foot. This property was built in 2003. 72 W Side Rd Unit 5 is a home located in Washington County with nearby schools including Block Island School.

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