2 months on rocket

703 Corn Neck Rd, Block Island, RI, 02807

$1,375,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,326 SqFt
$1,037/SqFt
House

Location

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703 Corn Neck Rd, Block Island$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1940
HeatingBaseboard, Natural Gas
CoolingNone
WaterfrontWaterfront
FireplaceStone
MLS #1367016
Lot Size0.26 Acres
StatusActive

About 703 Corn Neck Rd

This delightful 1,326 square foot cottage is set on the cherished Corn Neck Road. It features cathedral ceilings and a distinctive stone fireplace, adding simple elegance to the cottage. Upon entering you are enveloped by an inviting and warm atmosphere. With 3 bedrooms, and 1 1/2 baths it is the perfect retreat for those who love both relaxation and outdoor adventure. The spacious 952 square foot deck, an outdoor shower, and landscaped yard are perfect for enjoying the surrounding greenery. With nearby swimming beaches, hiking trails, Andy's Way, and Great Salt Pond, this cottage seems like a perfect blend of comfort and natural allure. Not just a place to live, but a true sanctuary.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,326 SqFt

Listing Office:

  • Office Name: Phillips Real Estate
  • Office Phone: (401) 466-8806

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood, Plywood
  • Interior: Cathedral Ceiling(s), Skylights, Stall Shower
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Patio

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,375,000
  • Price Per SqFt: $1,037/SqFt

Tax Information:

  • Annual Amount: $2,736
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Block Island, RI.

Med. Sold Price

$1.5M

Med. Price/SqFt

$811

Avg. Days On Market

90

# of Sold Homes

2

703 Corn Neck Rd vs Block Island

89 DAYS ON ROCKET

-1 Day

$1,375,000

-$137K Less

$1,037/SqFt

+$225 More

KEY TAKEAWAY

This property is $137K less than the Median Sold Price and $225/SqFt more than other homes in Block Island, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1367016

Listing Office:

  • Office Name: Phillips Real Estate
  • Office Phone: (401) 466-8806

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 1995Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,736$408,320
2020$2,597$408,320
2019$2,515$408,320
2018$2,479$416,640
2017$2,442$416,640

History based on county public records data.

Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-234659
8
/10
  • Matunuck School

  • 380 Matunuck Beach Rd

  • 12.61 miles

  • Public District Grades KG-4

school-card-donut-234660
7
/10
  • Dunn's Corners Elementary School

  • 8 1/2 Plateau Rd

  • 14.57 miles

  • Public District Grades KG-4

school-card-donut-234661
5
/10
  • Wakefield School

  • 101 High St

  • 16.64 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,109. Most Block Island, RI residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 703 Corn Neck Rd

What is the listing price of this property?

The listing price of 703 Corn Neck Rd property is $1,375,000.

What type of property is this?

The property 703 Corn Neck Rd is a house located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Active Listing: 703 Corn Neck Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,736 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 13, 1995 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 703 Corn Neck Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 703 Corn Neck Rd is 1,326 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 703 Corn Neck Rd is 1940.

Rocket HomesRhode IslandWashington CountyBlock Island02807703 Corn Neck Rd

This home is located at 703 Corn Neck Rd in Block Island, RI and zip code 02807. This 1,326 square foot home, which was built in 1940, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,375,000.

In October 2024, from all listings sold in Block Island, RI there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. In October 2024 in Block Island, RI there were 33.3% less homes for sale than in September 2024. While the average time on the market in October 2024 was 90 days, the median list price was $1,512,000.

From Rocket Homes Real Estate and based on county public records data.

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