NOT LISTED FOR SALE

763 Lakeside Dr Block Island, RI 02807

Estimated Value: $1,280,000 - $1,527,000

3 Beds
1 Bath
1,834 Sq Ft
$751/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $925,000 $504 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,083/month

59 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Recreation Facilities
  • Waterfront
  • Cottage
  • 1 Car Detached Garage

About This Home

As of September 2021

The little yellow house on Lakeside Drive. Built in 1906 and known historically as the Thomas K. Warner house, this well-known Block Island home is waiting for you to bring this quaint waterfront home back to it's full potential. Located on Block Island's Fresh Pond, with 324 square feet of pond frontage, this property offers you pond living on the Island. The little yellow house has been affectionately known to all Islanders as Elva's House. Elva Derby was born on Block Island in 1927, when she was 13 her family moved to East Providence. In 1978 Elva and her husband moved back to Block Island, and she would often say he brought me home . Be the one to rebuild and re-establish this iconic Block Island home. The pondside property has a 3-bedroom 1 bath main house, a garage and shed all established footprints to reconstruct this significant home. This property is looking for that inspired Buyer that wants to re-create what once was and give the little yellow house on Lakeside Drive' a new life. Just like Elva when at home always greet your guests with a smile and a Block Island welcome .

Last Listed By

Rosemary Tobin

Compass / Lila Delman Compass License #RES.0028817 Listed on: 06/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1906

Lot Details

  • 0.57 Acre Lot
  • Waterfront
  • Property is zoned RA

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Fixer Upper
  • Stone Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 050
  • Assessor Parcel Number 763LAKESIDEDRNSHM

Community Details

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Fresh Pond Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,267

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5739
  • Subdivision Name: FRESH POND
  • Above Grade Finished Sq Ft: 1234.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1906
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1834.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Foundation Details: Stone
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25000.0
  • Parcel #: 763LAKESIDEDRNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4266.8
  • Tax Lot: 050
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2022
Sold by
Sirota Anna
Bought by
Sirota Farges Ft and Farges
Total Days on Market
59
Current Estimated Value
$1,377,504

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 15, 2021
Sold by
Elva Y Derby T Y and Elva Shinners
Bought by
Sirota Ft and Sirota
Seller's Agent
Rosemary Tobin
Compass / Lila Delman Compass
Buyer's Agent
Rosemary Tobin
Compass / Lila Delman Compass
List Price
$980,000
Sold Price
$925,000
Premium/Discount to List
-$55,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Range of Values:

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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 Buyer Sale Price Title Company
Sirota Farges Ft -- None Available
Sirota Anna -- None Available
Sirota Ft $925,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $925,000 -5.6% $504 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $980,000 -- $534 / 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 $5,353 $969,700 $562,300 $407,400
2023 $4,879 $810,500 $562,300 $248,200
2022 $4,750 $670,880 $562,400 $108,480
2021 $4,495 $670,880 $562,400 $108,480
2020 $4,267 $670,880 $562,400 $108,480
2019 $4,133 $670,880 $562,400 $108,480
2018 $3,919 $658,720 $536,160 $122,560
2017 $3,860 $658,720 $536,160 $122,560
2016 $3,768 $658,720 $536,160 $122,560
2015 $4,577 $830,600 $670,200 $160,400
2014 $4,435 $830,600 $670,200 $160,400
2013 $4,327 $830,600 $670,200 $160,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282578

State-Wide MLS

APN: BLOC-000011-000000-000050