NOT LISTED FOR SALE

838 Center Rd New Shoreham, RI 02807

Estimated Value: $1,535,959 - $2,724,000

3 Beds
1.5 Baths
1,448 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $820,000 $566 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $11,956/month

680 Days on Market

Highlights

  • Marina
  • Horses Allowed On Property
  • Tennis Courts
  • Water Views
  • Antique Architecture
  • 2-minute walk to Legion Park

About This Home

As of October 2020

Take yourself back to the simple life at Red Gate Farm, one of the oldest homes on Block Island. Awake in the morning to the boats nestled in the harbor, swaying in the morning breeze over the Great Salt Pond. This 3 bedroom, 1.5 bath home is located in the heart of New Harbor, in close proximity to marinas and some of the islands finest restaurants! You can even stroll down to the public playground for a game of tennis. The gem of this property is an amazing 3 story barn just waiting for you to reclaim, the possibilities are endless! Enjoy breathtaking sunsets and pretty views of Trim’s pond out the back. Don’t miss the opportunity to own your piece of Block Island. Solid rental history, truly a must see...One of the oldest homes on Block Island.

Last Agent to Sell the Property

Susan Weissman

Sullivan Sotheby's Intl.Realty License #REB.0015149 Listed on: 11/05/2018

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Julie Kiley

Block Island Realty License #RES.0035524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 1830

Lot Details

  • 1.3

Parking

  • 1 Car Detached Garage

Home Design

  • Antique Architecture
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Outdoor Grill

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Gas Water Heater
  • Satellite Dish

Additional Features

  • 1.3 Acre Lot
  • Horses Allowed On Property

Community Details

  • Marina
  • Tennis Courts
  • Recreation Facilities

Listing and Financial Details

  • Legal Lot and Block 3 / 076
  • Assessor Parcel Number 838CENTERRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,659

Year Built

Built in 1830

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.3
  • Above Grade Finished Sq Ft: 1448.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1830
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Living Area: 1448.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 838CENTERRDNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5659.0
  • Tax Block: 076
  • Tax Lot: 3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Palermo Cynthia A
Bought by
Palermo Thomas D
Current Estimated Value
$2,149,240

Purchase Details

Closed on
May 17, 2013
Sold by
Plaermo Thomas D
Bought by
Socas James R and Socas Devereux A
Source: Public Records

Range of Values:

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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
Palermo Thomas D -- --
Socas James R $1,100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $820,000 -17.6% $566 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
11/05/2018 11/05/18 For Sale $995,000 -- $687 / 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 $7,268 $1,316,600 $1,013,800 $302,800
2023 $7,926 $1,316,600 $1,013,800 $302,800
2022 $6,719 $949,040 $811,920 $137,120
2021 $6,359 $949,040 $811,920 $137,120
2020 $6,036 $949,040 $811,920 $137,120
2019 $5,846 $949,040 $811,920 $137,120
2018 $5,659 $951,120 $810,880 $140,240
2017 $5,574 $951,120 $810,880 $140,240
2016 $5,440 $951,120 $810,880 $140,240
2015 $6,594 $1,196,700 $1,013,600 $183,100
2014 $6,390 $1,196,700 $1,013,600 $183,100
2013 $6,235 $1,196,700 $1,013,600 $183,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Weissman

    Sullivan Sotheby's Intl.Realty

    (401) 466-5521

    12 Total Sales

    Susan Weissman
    Section Image

  • J

    Buyer's Agent in 2020

    Julie Kiley

    Block Island Realty

    (860) 230-8455

    19 Total Sales

    Julie Kiley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1208818

State-Wide MLS

APN: BLOC-000005-000000-000076-000003

Rhode Island Washington County New Shoreham 02807

838 Center Rd, New Shoreham, RI

This home is located at 838 Center Rd, New Shoreham, RI 02807 since 05 November 2018 and is currently estimated at $2,149,240, approximately $1,484 per square foot. This property was built in 1830. 838 Center Rd is a home located in Washington County with nearby schools including Block Island School.

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