Seller's Agent in 2024
Cindy Pappas
Sullivan Sotheby's Intl.Realty
(401) 864-0996
43 Total Sales
749 Corn Neck Rd New Shoreham, RI 02807
Estimated Value: $2,838,000 - $3,503,000
4
Beds
3.5
Baths
3,758
Sq Ft
$842/Sq Ft
Est. Value
Highlights
- Water Views
- Cape Cod Architecture
- Wood Flooring
- Solar Power System
- Cathedral Ceiling
- Workshop
About This Home
As of January 2024749 Corn Neck Road offers luxury without pretension--the ideal home to begin new traditions for you and your family! the 4.3 acre lot commands lovely views of Sachem Pond, North Light, Block Island Sound and beyond. A sense of privacy and a connection to the natural environment work together to create A much sought after "retreat" atmosphere. Great walks and hikes are at your doorstep.The original house was a cape style dwelling constructed in the 60's. The current owners completely renovated that structure and made significant additions between 1998 thru the present. Features include a cook's kitchen, a living room with spectacular stone fireplace expansive decking; four bedrooms; 3.5 baths; work out room; additional rooms that are perfect for your home office or hobby spaces and a spacious den/media room. Also notable are the "green" features of the home--a rooftop photovoltaic system with a battery backup system and solar hot water system reducing your carbon footprint (and electric bill!) plus new ceiling fans providing great air circulation. All your storage needs will be satisfied by the oversized, two car garage and two garden sheds. well maintained, this home is in "move in" condition. Call for your appointment to explore this Block Island opportunity!
Last Agent to Sell the Property
Sullivan Sotheby's Intl.Realty License #REB.0010926 Listed on: 05/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,944
Year Built
- Built in 1967
Lot Details
- 4.3 Acre Lot
- Electric Fence
- Property is zoned RA
Parking
- 2 Car Detached Garage
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,758 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Skylights
- Stone Fireplace
- Workshop
- Storage Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Low Flow Plumbing Fixtures
- Bathtub with Shower
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Eco-Friendly Details
- Solar Power System
- Solar Water Heater
- Energy-Efficient Hot Water Distribution
Outdoor Features
- Walking Distance to Water
- Outbuilding
- Outdoor Grill
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Well
- Oil Water Heater
- Septic Tank
- Satellite Dish
Community Details
- Corn Neck Road Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 749CORNNECKRDNSHM
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Jan 10, 2024
Sold by
Risom Sven C and Risom Laura P
Bought by
Donato Corbett J and Donato Elizabeth
Seller's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$3,650,000
Sold Price
$3,050,000
Premium/Discount to List
-$600,000
-16.44%
Views
59
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
-$56,125
Avg. Annual Appreciation
-1.64%
Original Mortgage
$195,000
Outstanding Balance
$192,605
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,779,078
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donato Corbett J | $305,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donato Corbett J | $195,000 | |
| Open | Donato Corbett J | $1,950,000 | |
| Previous Owner | Risom Suen C | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2024 01/10/24 | Sold | $3,050,000 | -7.6% | $812 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 08/15/2023 08/15/23 | Price Changed | $3,300,000 | -9.6% | $878 / Sq Ft |
| 05/17/2023 05/17/23 | For Sale | $3,650,000 | -- | $971 / 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 | $10,673 | $1,933,500 | $954,100 | $979,400 |
| 2023 | $11,640 | $1,933,500 | $954,100 | $979,400 |
| 2022 | $8,944 | $1,263,280 | $842,480 | $420,800 |
| 2021 | $8,459 | $1,262,480 | $842,480 | $420,000 |
| 2020 | $7,700 | $1,210,720 | $842,480 | $368,240 |
| 2019 | $7,458 | $1,210,720 | $842,480 | $368,240 |
| 2018 | $7,365 | $1,237,840 | $842,480 | $395,360 |
| 2017 | $7,254 | $1,237,840 | $842,480 | $395,360 |
| 2016 | $7,080 | $1,237,840 | $842,480 | $395,360 |
| 2015 | $8,621 | $1,564,700 | $1,053,100 | $511,600 |
| 2014 | $8,355 | $1,564,700 | $1,053,100 | $511,600 |
| 2013 | $8,152 | $1,564,700 | $1,053,100 | $511,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Rosemary Tobin
Lila Delman Compass
(401) 741-1825
60 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1335349
APN: BLOC-000002-000000-000022
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