NOT LISTED FOR SALE

927 Coast Guard Rd Block Island, RI 02807

Estimated Value: $3,242,000 - $4,521,000

4 Beds
2.5 Baths
2,268 Sq Ft
$1,690/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $3,900,000 $1,720 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $22,276/month

997 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • Plywood Flooring
  • Water Access
  • Deck
  • Attic

About This Home

As of June 2022

ONCE IN A LIFETIME opportunity to own waterfront property in Cormorant Cove with a much coveted priceless deeded dock. Water views from all sides of Cormorant Cove, Great Salt Pond and Block Island Sound. Classic ranch, joined to a converted barn through a breezeway, provides multiple living spaces with an abundance of natural light and vistas. Just steps off the deck is a highly sought after private path to a sandy beach and a 400 square foot dock. The ULTIMATE location with expansive water views and spectacular sunsets. The house is serviced by a private septic and shared well. Underneath the barn is a garage housing the washer, dryer, electrical panel and hot air furnace.

Last Agent to Sell the Property

Jennifer Phillips

Phillips Real Estate License #REB.0015012 Listed on: 09/12/2019

Co-Listed By

Carolyn Casady

Phillips Real Estate License #RES.0041929

Last Buyer's Agent

Gail Hall

Ballard Hall Sales Group License #REB.0014378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,425

Year Built

  • Built in 1960

Lot Details

  • 2.02 Acre Lot
  • Beach Front
  • Property is zoned RA

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Plywood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • 100 Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Cormorant Cove Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 927COASTGUARDRDNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,425

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Co List Office Mls Id: PHRE
  • Co List Office Phone: 401-466-8806
  • Subdivision Name: Cormorant Cove
  • Above Grade Finished Sq Ft: 1788.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 480.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Plywood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 2268.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Exterior Features: Deck, Barbecue
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87991.0
  • Parcel #: 927COASTGUARDRDNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10424.69
  • Tax Lot: 32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jun 3, 2022
Sold by
Cormorant Cottage Inc
Bought by
Mcdonald Joseph R and Mcdonald Kathleen
Seller's Agent
Jennifer Phillips
Phillips Real Estate
Buyer's Agent
Gail Hall
Ballard Hall Sales Group
List Price
$3,999,000
Sold Price
$3,900,000
Premium/Discount to List
-$99,000
-2.48%
Current Estimated Value
$3,833,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,045
Avg. Annual Appreciation
-0.18%
Original Mortgage
$1,950,000
Outstanding Balance
$1,871,338
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,006,897

Purchase Details

Closed on
Feb 1, 1988
Bought by
Cormorant Cottage Inc
Source: Public Records

Range of Values:

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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
Mcdonald Joseph R $3,900,000 None Available
Cormorant Cottage Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Joseph R $1,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $3,900,000 -2.5% $1,720 / Sq Ft
09/12/2019 09/12/19 For Sale $3,999,000 -- $1,763 / 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 $16,626 $3,011,900 $2,998,100 $13,800
2023 $21,732 $3,609,900 $2,998,100 $611,800
2022 $11,982 $1,692,320 $1,520,640 $171,680
2021 $11,339 $1,692,320 $1,520,640 $171,680
2020 $10,763 $1,692,320 $1,520,640 $171,680
2019 $10,425 $1,692,320 $1,520,640 $171,680
2018 $10,228 $1,719,040 $1,520,640 $198,400
2017 $10,074 $1,719,040 $1,520,640 $198,400
2016 $9,833 $1,719,040 $1,520,640 $198,400
2015 $11,903 $2,160,200 $1,900,800 $259,400
2014 $11,535 $2,160,200 $1,900,800 $259,400
2013 $11,255 $2,160,200 $1,900,800 $259,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Phillips

    Seller's Agent in 2022

    Jennifer Phillips

    Phillips Real Estate

    (401) 466-8806

    30 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Carolyn Casady

    Phillips Real Estate

    (203) 605-2672

    13 Total Sales

    Section Image
  • Gail Hall

    Buyer's Agent in 2022

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    33 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1235048

State-Wide MLS

APN: BLOC-000019-000000-000032

Rhode Island Washington County Block Island 02807

927 Coast Guard Rd, Block Island, RI

This home is located at 927 Coast Guard Rd, Block Island, RI 02807 since 12 September 2019 and is currently estimated at $3,833,955, approximately $1,690 per square foot. This property was built in 1960. 927 Coast Guard Rd is a home located in Washington County with nearby schools including Block Island School.

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