Last Sold Price
7 beds3,436 sqft$415/sqft
1167 Grace Cove Rd, Block Island, RI 02807

Description

Extraordinary family compound includes a custom built home currently rented weekly during summer season, charming 2-story cottage rented on a year round basis, and a garage with assessory residential status for family or guests. Turnkey property.Extraordinary family compound includes a custom built home currently rented weekly during summer season, charming 2-story cottage rented on a year round basis, and a garage with assessory residential status for family or guests. Turnkey property.
LISTING CLOSED: 05/02/2011 12:00 AM

  1. Listed by Gail HALL • Brokerage DRE #REB.0014378 • BALLARD HALL REAL ESTATE
    P: (401)-741-7001 gail@blockislandproperty.com

Property Details for 1167 Grace Cove Road

Status
MLS #
984058
Days on Market
86
Taxes
$4,940 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
2005
Lot Size
1.84 AC / 80,000 SF
Subdivision Name
WEST SIDE
Waterfront Features
Walk To Water
View
Saltwater, Water
Furnished
Furnished

Location

Listing Courtesy of BALLARD HALL REAL ESTATE

Sold By Sullivan Real Estate

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Building Information for 1167 Grace Cove Road

Stories2Residences3Year Built2005Building Size-Lot Size1.84 AC / 80,000 SF

Payment Calculator

$7,655 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,243

Property Taxes

$412

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1167 Grace Cove Road

Summary
Location and General Information
  • City: Block Island
  • Community Features: Marina, Tennis Courts
  • Postal City: Block Island
  • Postal Code: 02807
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: RA
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 13
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $4,939.50
  • Tax Assessed Value: 1348100
  • Tax Lot: 72-1
  • Tax Map Number: 19
  • Tax Year: 2010
Property
Lot Information
  • Above Grade Fin SQFT: 3436.0
  • Building Area Total: 3436.0
  • Living Area: 3,436.00
  • Living Area Source: Public Records
  • Lot Size Acres: 1.8365
  • Lot Size Area: 80000.0
  • Lot Size Square Feet: 80000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Parcel Number: 1167GRACESCOVERDNSHM
  • Stories Total: 2
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Other
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 2005
  • C L I P: 4,647,479,419
Utilities
  • Electric: Amps200Or More
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Basement: Full, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Forced Air, Gas, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Furnished, Wood Burning Stove
  • Laundry Features: In Unit
  • Rooms Total: 15
Multi Family
Income & Expenses Information
  • Operating Expense: $9,999.00
Unit 1 Information
  • Actual Rent: $2,775.00
  • Description: Custom built home
  • Total Rent: $3,975.00
  • Occupant Type: Owner
  • Baths Total: 3
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $1,200.00
  • Description: Year round rental
  • Total Rent: $3,975.00
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Description: Garage/Assessory
  • Total Rent: $3,975.00
  • Occupant Type: Owner
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Tenant Pays: Hot Water

Property History for 1167 Grace Cove Road

DateEvent & SourcePriceAppreciation
May 2, 2011

Sold (Public Record)

Public Record #310808823

$1,425,000

+13.4% / yr

May 2, 2011

Sold

Rhode Island Association of REALTORS® #984058

$1,425,000
Mar 18, 2011

Contract Signed

Rhode Island Association of REALTORS® #984058

DateEvent & SourcePrice
05/02/2011

Sold (Public Record)

Public Record #310808823

$1,425,000

+13.4% / yr

05/02/2011

Sold

Rhode Island Association of REALTORS® #984058

$1,425,000
03/18/2011

Contract Signed

Rhode Island Association of REALTORS® #984058

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1167 Grace Cove Road

Taxable ValueLand$527,700Additions$1,353,600Total$1,881,300
Tax Record2025$10,836 ($903 / month)
Home Facts
Lot Size80,150 SqFtStyleMulti-Family Dwelling (2-4)ZoningRACountyWASHINGTONAPNBLOC M:19 L:072-01

Schools near 1167 Grace Cove Road

This home is within New Shoreham School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Rating
School
Distance
Block Island School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1167 Grace Cove Road, Block Island, RI 02807
$1,425,000
7
3,436
80,000
4
1.5
1,296
80,150
$1,225,000
4
3.5
4,012
91,476
2
1
904
818,928
$170,287
6
2
2,953
44,867
37,500

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BALLARD HALL REAL ESTATE

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.