NOT LISTED FOR SALE

880 W Side Rd Block Island, RI 02807

Estimated Value: $1,267,672 - $1,456,000

3 Beds
1.5 Baths
768 Sq Ft
$1,769/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $1,200,000 $1,562 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,540/month

318 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Window Unit Cooling System
  • Wood Flooring
  • Walking Distance to Water
  • Shops

About This Home

As of October 2024

This cozy cottage is the quintessential Block Island getaway. Walking distance to Cooneymus beach, this 3 bedroom 1.5 bath home is move in ready! Just bring your bags and let the vacation begin! Impeccably maintained and tastefully decorated with coastal charm for days! All on one level, with open living, dining, eat in kitchen, full bath with tiled walk in shower and spacious guest bedroom. Primary bedroom has a half bath and laundry. Ample decking for outdoor enjoyment, whether to lounge in the sun or dine alfresco. Great yard with mature trees and lovely landscaping. Bonus detached shed has endless possibilities. Just a short stroll down to one of the best beaches on the west side, where you can enjoy morning walks, surf casting and the breathtaking sunsets. This property is a must see. Extraordinary rental history.

Last Agent to Sell the Property

Shannon Morgan

Sullivan Sotheby's Intl.Realty License #RES.0032068 Listed on: 11/06/2023

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

  • $3,300

Year Built

  • Built in 1960

Lot Details

  • 0.52

Home Design

  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Walking Distance to Water
  • 0.52 Acre Lot

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 880WESTSIDERDNSHM

Community Details

Overview

  • West Side Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Subdivision Name: West Side
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Trash Compactor, 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: Ceramic Tile, Hardwood
  • Interior Amenities: Stall Shower
  • Living Area: 768.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22651.2
  • Parcel #: 880WESTSIDERDNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3300.41
  • Tax Lot: 56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Oct 4, 2024
Sold by
Michaelson Tracey L
Bought by
Mccarthy Christopher C and Mccarthy Elizabeth R
Seller's Agent
Shannon Morgan
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Julie Kiley
Block Island Realty
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Views
423
Current Estimated Value
$1,358,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,918
Avg. Annual Appreciation
10.92%
Original Mortgage
$960,000
Outstanding Balance
$950,116
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$408,802

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jan 5, 2022
Sold by
Conwayolson Teri
Bought by
Michaelson Tracey L
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Suzann Walsh
Walsh Realty Group
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$650,250
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2010
Sold by
Papa Stephen E and Papa Anna Leone
Bought by
Stephen E Papa Ret

Purchase Details

Closed on
Jul 24, 2007
Sold by
Schaeffer Peter and Schaeffer Kessa
Bought by
Conway-Olson Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
6.72%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Raphael Dana and Jacobson Seth Louis
Bought by
Schaeffer Kessa and Schaeffer Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mccarthy Christopher C $1,200,000 None Available
Mccarthy Christopher C $1,200,000 None Available
Michaelson Tracey L $850,000 None Available
Stephen E Papa Ret -- --
Conway-Olson Teri $835,000 --
Schaeffer Kessa $712,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Christopher C $960,000
Closed Mccarthy Christopher C $960,000
Previous Owner Michaelson Tracey L $650,250
Previous Owner Schaeffer Kessa $595,000
Previous Owner Schaeffer Kessa $50,000
Previous Owner Schaeffer Kessa $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $1,200,000 -7.3% $1,563 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $1,295,000 -2.3% $1,686 / Sq Ft
11/30/2023 11/30/23 Price Changed $1,325,000 -5.0% $1,725 / Sq Ft
11/06/2023 11/06/23 For Sale $1,395,000 +64.1% $1,816 / Sq Ft
01/06/2022 01/06/22 Sold $850,000 0.0% $1,107 / Sq Ft View Prior Sale
12/07/2021 12/07/21 Pending -- -- --
02/05/2020 02/05/20 For Sale $850,000 -- $1,107 / 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 $4,704 $852,200 $501,200 $351,000
2023 $5,130 $852,200 $501,200 $351,000
2022 $3,300 $466,160 $371,280 $94,880
2021 $3,123 $466,160 $371,280 $94,880
2020 $2,965 $466,160 $371,280 $94,880
2019 $2,872 $466,160 $371,280 $94,880
2018 $2,778 $466,880 $347,840 $119,040
2017 $2,736 $466,880 $347,840 $119,040
2016 $2,671 $466,880 $347,840 $119,040
2015 $3,238 $587,600 $434,800 $152,800
2014 $3,138 $587,600 $434,800 $152,800
2013 $3,072 $589,600 $434,800 $154,800
Source: Public Records

Agents Affiliated with this Home

  • Shannon Morgan

    Seller's Agent in 2024

    Shannon Morgan

    Sullivan Sotheby's Intl.Realty

    (401) 580-0521

    23 Total Sales

    Shannon Morgan
    Section Image

  • J

    Buyer's Agent in 2024

    Julie Kiley

    Block Island Realty

    (860) 230-8455

    16 Total Sales

    Julie Kiley
    Section Image
  • Jennifer Phillips

    Seller's Agent in 2022

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    28 Total Sales

    Jennifer Phillips
    Section Image

  • S

    Buyer's Agent in 2022

    Suzann Walsh

    Walsh Realty Group

    (401) 487-2505

    5 Total Sales

    Suzann Walsh
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1347584

State-Wide MLS

APN: BLOC-000014-000000-000056

Rhode Island Washington County Block Island 02807

880 W Side Rd, Block Island, RI

Not Listed for Sale

Detached

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