72 W Side Rd Unit 5 Block Island, RI 02807
2
Beds
2.5
Baths
1,010
Sq Ft
$710/mo
HOA Fee
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 2024Experience 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
Lila Delman Compass License #RES.0028817 Listed on: 06/07/2024
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2024
Closed on
Jul 17, 2024
Sold by
Niles Wilcox T E and Niles Wilcox
Bought by
Miller Matthew and Scarcello-Miller Christin
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
List Price
$895,000
Sold Price
$870,000
Premium/Discount to List
-$25,000
-2.79%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,729
Avg. Annual Appreciation
0.57%
Original Mortgage
$520,000
Outstanding Balance
$516,065
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,664
Purchase Details
Closed on
Mar 24, 2021
Sold by
Sears Steven
Bought by
Bergantine Christopher and Silva Marissa E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 2019
Sold by
Howe Jeffrey
Bought by
Sears Steven
Similar Home in Block Island, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase 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
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
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 Compared to Growth
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
Agents Affiliated with this Home
-
Rosemary Tobin
Seller's Agent in 2024
Rosemary Tobin
Lila Delman Compass
(401) 741-1825
60 Total Sales
-
Shannon Morgan
Buyer's Agent in 2024
Shannon Morgan
Sullivan Sotheby's Intl.Realty
(401) 580-0521
24 Total Sales
-
Jennifer Phillips
Seller's Agent in 2021
Jennifer Phillips
Phillips Real Estate
(401) 466-8806
32 Total Sales
-
Carolyn Casady
C
Seller Co-Listing Agent in 2021
Carolyn Casady
Phillips Real Estate
(203) 605-2672
13 Total Sales
-
Mary Stover
Seller's Agent in 2013
Mary Stover
Beach Real Estate
(401) 466-2312
23 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1361107
APN: BLOC-000019-000002-000005
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