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1601 Payne Rd; Block Island, RI Property Details

1601 Payne Rd, Block Island, RI is a Single Family that was built in 1981. This property is currently a cash purchase and is not for sale. Our records show that 1601 Payne Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,112 square feet. The lot size of 1601 Payne Rd is 33,393 square feet.

Off market
1601 Payne Rd Block Island, RI 02807
$1,295,000 Listing Price
4 Beds
2.5 Baths
2,112 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1981
  • Purchase Price: $927,000
  • Open Loans / Balance: 2 / $631,909
  • Est. Equity / %: $3,396,091 / 84.31%
  • Gross Yield: 0.849%
  • APN: BLOC M:09 L:020-01
  • Situs County: Washington
  • Length Of Ownership: 10 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,112/SqFt
  • Lot: 33,393/SqFt
  • Gross: 4,132/SqFt
  • Living: 2,112/SqFt
  • Basement: 1,040/SqFt
  • Building: 2,112/SqFt
  • Ground: 1,459/SqFt
  • Basement Unfinished: 1,040/SqFt
  • Price Per Square Foot: $438.92
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Shoreham School District
  • Lat / Lon: 41.152493 / -71.572075
  • Property Class: Residential
  • Zoning: RA
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 7757
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Heat Pump

Ownership Info

1601 Payne Rd has no associated ownership info
1601 Payne Rd has no associated ownership info.

Taxes

1601 Payne Rd has 7 associated Taxes items

1601 Payne Rd, Block Island, RI pays taxes in Washington County, RI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,722,900. The APN we've located for 1601 Payne Rd is BLOC M:09 L:020-01.

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Taxes
  • Assessed Value:  $1,722,900
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  BLOC M:09 L:020-01
  • Assessed Land Value:  972500
  • Tax Amount:  9924
  • Tax Year:  2025

Tax History

1601 Payne Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,722,900 Land Value $972,500 Improvement Value $750,400 Tax Amount $9,924 Change Rate +0.038293% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $1,731,600 Land Value $972,500 Improvement Value $759,100 Tax Amount $9,558 Change Rate -0.083078% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $1,731,600 Land Value $972,500 Improvement Value $759,100 Tax Amount $10,424 Change Rate +0.187514% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $1,239,840 Land Value $864,960 Improvement Value $374,880 Tax Amount $8,778 Change Rate +25.92638% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $326 Change Rate +0.055016% Assessed CR Tax Rate +0.006702%
Year 2020 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $309 Change Rate +0.03% Assessed CR Tax Rate +0.006353%
Year 2019 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $300 Change Rate +0.038062% Assessed CR Tax Rate +0.006168%
Year 2018 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $289 Change Rate +0.014035% Assessed CR Tax Rate +0.005942%
Year 2017 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $285 Change Rate +0.02518% Assessed CR Tax Rate +0.005859%
Year 2016 Assessed Value $48,640 Land Value $48,640 Improvement Value Tax Amount $278 Change Rate -0.170149% Assessed CR Tax Rate +0.005715%
Year 2015 Assessed Value $60,800 Land Value $60,800 Improvement Value Tax Amount $335 Change Rate +0.030769% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $60,800 Land Value $60,800 Improvement Value Tax Amount $325 Change Rate +0.025237% Assessed CR Tax Rate +0.005345%
Year 2013 Assessed Value $60,800 Land Value $60,800 Improvement Value Tax Amount $317 Change Rate Assessed CR Tax Rate +0.005214%