NOT LISTED FOR SALE

968 Lakeside Dr Block Island, RI 02807

Estimated Value: $1,439,000 - $1,699,000

3 Beds
1.5 Baths
1,200 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $800,000 $667 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,155/month

592 Days on Market

Highlights

  • Marina
  • Barn
  • Wood Flooring
  • Water Views
  • Cathedral Ceiling
  • Cottage

About This Home

As of November 2019

Unique reclaimed barn offers Atlantic Ocean views and privacy. Located off of Lakeside Drive on over two acres this “one of a kind” property is a charming barn-style cottage that has been reconstructed from 19th century materials found all over New England. High ceilings and an open floor plan make this stylish home feel spacious. Wrap around deck and access from several areas of the main space allow for that inside/outside living that can be so appreciated for spring and summer months. The accessible floor plan has a combined living, dining a galley-style kitchen and two first level bedrooms. Almost playfully hidden one of the bedrooms is a child’s delight tucked away with built in bunk beds. Open loft master bedroom has a newly built half bath and step up top level outside deck presenting more space to experience the panoramic views of the ocean and Fresh Pond. Attached to this reclaimed barn, is a substantial outside shower beautifully constructed adding to the stylish retro theme of this property. Ample acreage allows for expansion of the current footprint, add on to this unique home or just enjoy the quaint style, privacy and views of this distinctive Block Island property.

Last Agent to Sell the Property

Rosemary Tobin

Lila Delman Compass License #RES.0028817 Listed on: 03/06/2018

Last Buyer's Agent

Nancy Pike

Beach Real Estate License #REB.0016220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1973

Lot Details

  • 2.3 Acre Lot
  • Property is zoned RA

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Flooring
  • Water Views
  • Dryer

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Water Source
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Walking Distance to Water
  • Barn

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 968LAKESIDEDRNSHM

Community Details

Overview

  • Fresh Pond Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,640

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.3
  • Subdivision Name: Fresh Pond
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 1200.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Combination, Pillar/Post/Pier
  • Other Structures: Barn(s)

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 100188.0
  • Parcel #: 968LAKESIDEDRNSHM
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3639.97
  • Tax Lot: 31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Nov 13, 2019
Sold by
Korfin Andrew S and Korfin Michel I
Bought by
Colonna Paul and Decker Lisa
Seller's Agent
Rosemary Tobin
Lila Delman Compass
Buyer's Agent
Nancy Pike
Beach Real Estate
List Price
$990,000
Sold Price
$800,000
Premium/Discount to List
-$190,000
-19.19%
Current Estimated Value
$1,574,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,990
Avg. Annual Appreciation
12.12%
Original Mortgage
$385,000
Outstanding Balance
$342,654
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,180,975

Purchase Details

Listed on
Sep 28, 2011
Closed on
Jun 7, 2013
Sold by
Lee James B and Lee Elizabeth G
Bought by
Korfin Andrew S and Korfin Michele I
Seller's Agent
Gail Hall
Ballard Hall Sales Group
Buyer's Agent
Rosemary Tobin
Lila Delman Compass
List Price
$1,100,000
Sold Price
$850,000
Premium/Discount to List
-$250,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.94%
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
Colonna Paul $800,000 --
Colonna Paul $800,000 --
Korfin Andrew S $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colonna Paul $385,000
Closed Colonna Paul $385,000
Closed Korfin Andrew S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $800,000 -19.2% $667 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
03/06/2018 03/06/18 For Sale $990,000 +16.5% $825 / Sq Ft
06/07/2013 06/07/13 Sold $850,000 -22.7% $600 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
09/28/2011 09/28/11 For Sale $1,100,000 -- $777 / 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 $5,489 $994,300 $437,400 $556,900
2023 $5,986 $994,300 $437,400 $556,900
2022 $4,219 $595,840 $388,160 $207,680
2021 $3,992 $595,840 $388,160 $207,680
2020 $3,790 $595,840 $388,160 $207,680
2019 $3,670 $595,840 $388,160 $207,680
2018 $3,640 $611,760 $388,160 $223,600
2017 $3,585 $611,760 $388,160 $223,600
2016 $3,499 $611,760 $388,160 $223,600
2015 $3,827 $694,500 $485,200 $209,300
2014 $3,709 $694,500 $485,200 $209,300
2013 $3,633 $697,400 $485,200 $212,200
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Tobin

    Seller's Agent in 2019

    Rosemary Tobin

    Lila Delman Compass

    (401) 741-1825

    60 Total Sales

    Rosemary Tobin
    Section Image

  • N

    Buyer's Agent in 2019

    Nancy Pike

    Beach Real Estate

    (401) 466-2312

    14 Total Sales

    Nancy Pike
    Section Image
  • Gail Hall

    Seller's Agent in 2013

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    34 Total Sales

    Gail Hall
    Section Image
  • Judith Cyronak

    Seller Co-Listing Agent in 2013

    Judith Cyronak

    Sullivan Sotheby's Intl.Realty

    (401) 741-7732

    5 Total Sales

    Judith Cyronak
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1184388

State-Wide MLS

APN: BLOC-000009-000000-000031

Rhode Island Washington County Block Island 02807

968 Lakeside Dr, Block Island, RI

This home is located at 968 Lakeside Dr, Block Island, RI 02807 since 06 March 2018 and is currently estimated at $1,574,990, approximately $1,312 per square foot. This property was built in 1973. 968 Lakeside Dr is a home located in Washington County with nearby schools including Block Island School.

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