$850,000
SOLD JUN 7, 2013

968 Lakeside Dr Block Island, RI 02807

3 Beds
1 Bath
1,416 Sq Ft
2.3 Acres

Recently Sold

$600 Per Sq Ft

23% Below List Price

587 Days on Market

Highlights

  • Beach Front
  • Horses Allowed On Property
  • Wooded Lot
  • Marina
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2019

One of a kind barn-style cottage in a very private setting. Reconstructed from materials of 19th century barns located in CT & RI countryside. Views, privacy, and close proximity to Mohegan Bluffs are among its many attributes.

Last Agent to Sell the Property

Gail Hall

Ballard Hall Sales Group License #REB.0014378 Listed on: 09/28/2011

Co-Listed By

Judith Cyronak

Sullivan Sotheby's Intl.Realty License #REB.0017135

Last Buyer's Agent

Rosemary Tobin

Lila Delman Compass License #RES.0028817

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1973

Lot Details

  • 2.3 Acre Lot
  • Beach Front
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water
  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Underground Utilities
  • 100 Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 968LAKESIDEDRNSHM

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • South Central Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Horses: Yes
  • Lot Size Acres: 2.3
  • Co List Office Mls Id: BHRE
  • Co List Office Phone: 401-466-8883
  • Subdivision Name: SOUTH CENTRAL
  • Above Grade Finished Sq Ft: 1416.0
  • 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: Gas Water Heater, Oven, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1416.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Wood Siding, Shingle Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 100188.0
  • Parcel #: 968LAKESIDEDRNSHM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2785.9
  • Tax Lot: 31
  • Tax Year: 2012

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
12.28%
Original Mortgage
$385,000
Outstanding Balance
$342,654
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,209,169

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
Not Available
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 Type Sale Price Title Company
Warranty Deed $800,000 --
Warranty Deed $800,000 --
Warranty Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 Purchase Money Mortgage
Closed $385,000 New Conventional
Closed $0 No Value Available
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

    Section Image

  • N

    Buyer's Agent in 2019

    Nancy Pike

    Beach Real Estate

    (401) 466-2312

    13 Total Sales

    Section Image
  • Gail Hall

    Seller's Agent in 2013

    Gail Hall

    Ballard Hall Sales Group

    (401) 741-7001

    33 Total Sales

    Section Image
  • Judith Cyronak

    Seller Co-Listing Agent in 2013

    Judith Cyronak

    Sullivan Sotheby's Intl.Realty

    (401) 741-7732

    5 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1002488

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 and is currently priced at $850,000, approximately $600 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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