72 W Side Rd Unit 5 Block Island, RI 02807
2
Beds
2.5
Baths
1,010
Sq Ft
$604/mo
HOA Fee
Highlights
- Marina
- Water Access
- Deck
- Water Views
- In Ground Pool
- 1-minute walk to Ball O'Brien Park
About This Home
As of July 2024Enjoy 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,172
Year Built
- Built in 2003
HOA Fees
- $604 Monthly HOA Fees
Home Design
- 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
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
Compass / 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
205
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
$16,376
Avg. Annual Appreciation
2.33%
Original Mortgage
$520,000
Outstanding Balance
$516,065
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,311
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
Map
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Similar Home in Block Island, RI
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
| 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
Source: State-Wide MLS
MLS Number: 1266618
APN: BLOC-000019-000002-000005
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