$737,500
SOLD JUN 1, 2021

72 W Side Rd Unit 5 Block Island, RI 02807

2 Beds
2.5 Baths
1,010 Sq Ft
$604/mo HOA Fee

Recently Sold

$730 Per Sq Ft

8% Below List Price

205 Days on Market

Highlights

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

About This Home

As of July 2024

Enjoy the ease of ownership in the turnkey, beautifully appointed two bedroom condo at Salt Pond Settlement. One of thirteen units in the front building completely renovated in 2003, this condo features glass doors that open onto the deck facing picturesque Great Salt Pond. Spend your afternoons relaxing on the deck, enjoying harbor views and boat activity in New Harbor. Salt Pond Settlement features a pool private to residents and their tenants, a common room available for functions and get togethers and a private beach path that, when the tides are right, can lead you on a leisurely beach stroll to The Oar. Two spacious bedrooms, two full bathrooms, one half bathroom with washer and dryer, kitchen and cozy living room with a fireplace complete this lovely unit for year-round enjoyment of Block Island. Owners are given one private parking space.

Last Agent to Sell the Property

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 10/08/2020

Co-Listed By

Carolyn Casady

Phillips Real Estate License #RES.0041929

Last Buyer's Agent

Rosemary Tobin

Lila Delman Compass License #RES.0028817

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 2003

HOA Fees

  • $604 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / 2
  • Assessor Parcel Number 72WESTSIDERD5NSHM

Community Details

Overview

  • 34 Units
  • New Harbor Subdivision

Recreation

  • Marina
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,172

Year Built

Built in 2003

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: PHRE
  • Co List Office Phone: 401-466-8806
  • Subdivision Name: New Harbor
  • Above Grade Finished Sq Ft: 1010.0
  • Building Name: Salt Pond Settlement
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2003
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, 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,Private Entry
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1010.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Pool, Recreation Area
  • Senior Community: No
  • Amenities: Pool
  • Association Fee: 604.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 72WESTSIDERD5NSHM
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 34

Tax Info

  • Tax Annual Amount: 2172.26
  • Tax Block: 2
  • Tax Lot: 25
  • Tax Year: 2019

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%
Current Estimated Value
$829,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,043
Avg. Annual Appreciation
10.94%
Original Mortgage
$520,000
Outstanding Balance
$514,708
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$469,675

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
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 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

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 $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

    58 Total Sales

    Rosemary Tobin
    Section Image
  • Shannon Morgan

    Buyer's Agent in 2024

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    22 Total Sales

    Shannon Morgan
    Section Image
  • Jennifer Phillips

    Seller's Agent in 2021

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    29 Total Sales

    Jennifer Phillips
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carolyn Casady

    Phillips Real Estate

    (203) 605-2672

    12 Total Sales

    Carolyn Casady
    Section Image
  • Mary Stover

    Seller's Agent in 2013

    Mary Stover

    Beach Real Estate

    (401) 466-2312

    20 Total Sales

    Mary Stover
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1266618

State-Wide MLS

APN: BLOC-000019-000002-000005

Rhode Island Washington County Block Island 02807

72 W Side Rd Unit 5, Block Island, RI

This home is located at 72 W Side Rd Unit 5, Block Island, RI 02807 and is currently priced at $737,500, approximately $730 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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