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692 Corn Neck Road

692 Corn Neck Road, Block Island, RI 02807
Property in New Shoreham
Sold Oct 16, 2019
$755,000
$604,000 by Residential Mortgage Services
Mortgage
Local assessors in Block Island, RI have categorized 692 Corn Neck Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 49,658 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 692 Corn Neck Road has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's no heating system is the primary heating source and it is being fueled with nothing. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 692 Corn Neck Road sold most recently in Oct 8, 2019 for a total of $755,000. If you work out the math, that's approximately a cost of $629.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,333 in taxes each year. 692 Corn Neck Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $719,700. If we break it down further, the land itself was valued at $401,800. Improvements to the property, however, were assessed at a total of $317,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 640
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 1,200
  • Gross Building Area: 2,372
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: None
  • Heated Square Feet: 1,200
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.14
  • Standard Land Use Code: Seasonal, cabin, vacation residence

Ownership

  • Current Owner : DARLING PAUL L
  • Current Owner 2: DARLING JENNIFER L
  • Previous Owner : THOMPSON BRUCE E
  • Previous Owner 2: THOMPSON ANNE W
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chariho Regional School District
  • School Tax School District: NEW SHOREHAM SD
  • Census Tract: 041500

Zoning

  • Zoning: RA

Geography

  • Account Number: 40217
  • Parcel: BLOC M:03 L:031
  • Lot: 31
  • Municipality: BLOCK ISLAND
  • Latitude: 41.2033
  • Longitude: -71.5695

    Address

  • Full Address: 692 Corn Neck Rd
  • Address - House Number: 692
  • Address - Street Name: Corn Neck
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Block Island
  • Zip Code: 02807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,333

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 1,010,546
  • High Value: 1,195,034
  • Low Value: 826,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $604,000
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Oct 16, 2019
  • First Open Lien Mortgage Loan Amount: $604,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $719,700
  • Assessed Land Value: $401,800
  • Assessed Improvements Value: $317,900

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 16, 2019
  • Current Sale Transaction ID: 11672850496
  • Current Sale Price: $755,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Oct 16, 2019
  • First Mortgage Loan Amount: $604,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Washington



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Frequently Asked Questions

What neighborhood is 692 Corn Neck Road located in?
The 692 Corn Neck Road is a located in the neighborhood of New Shoreham in Washington, Block Island.
What is the average sales price for listings in 692 Corn Neck Road?
The average sales price for units in 692 Corn Neck Road is $0 currently.

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