Large Location Icon

1605 Payne Rd; Block Island, RI Property Details

1605 Payne Rd, Block Island, RI is a Single Family that was built in 1982. This property is currently Financed and is not for sale. Our records show that 1605 Payne Rd has 3 bedrooms, and 3 bathrooms, and a total of 2,730 square feet. The lot size of 1605 Payne Rd is 26,068 square feet.

Off market
1605 Payne Rd Block Island, RI 02807
$1,450,000 Listing Price
3 Beds
3 Baths
2,730 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1982
  • Purchase Price: $1,667,500
  • Open Loans / Balance: 2 / $900,896
  • Est. Equity / %: $2,298,104 / 71.84%
  • Gross Yield: 1.05%
  • APN: BLOC M:09 L:020-05
  • Situs County: Washington
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Excellent
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,730/SqFt
  • Lot: 26,068/SqFt
  • Attic: 190/SqFt
  • Gross: 6,480/SqFt
  • Living: 2,730/SqFt
  • Basement: 812/SqFt
  • Building: 2,730/SqFt
  • Ground: 1,334/SqFt
  • Basement Unfinished: 812/SqFt
  • Price Per Square Foot: $610.81
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: 41.1724 / -71.5557
  • Property Class: Residential
  • Zoning: RA
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Electric
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

1605 Payne Rd has no associated ownership info
1605 Payne Rd has no associated ownership info.

Taxes

1605 Payne Rd has 7 associated Taxes items

1605 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 $1,785,300. The APN we've located for 1605 Payne Rd is BLOC M:09 L:020-05.

Unlock the full report
Taxes
  • Assessed Value:  $1,785,300
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  BLOC M:09 L:020-05
  • Assessed Land Value:  807300
  • Tax Amount:  10283
  • Tax Year:  2025

Tax History

1605 Payne Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,785,300 Land Value $807,300 Improvement Value $978,000 Tax Amount $10,283 Change Rate +0.035653% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $1,798,700 Land Value $807,300 Improvement Value $991,400 Tax Amount $9,929 Change Rate -0.083025% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $1,798,700 Land Value $807,300 Improvement Value $991,400 Tax Amount $10,828 Change Rate +0.367517% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $1,118,400 Land Value $717,840 Improvement Value $400,560 Tax Amount $7,918 Change Rate +0.05672% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $1,118,400 Land Value $717,840 Improvement Value $400,560 Tax Amount $7,493 Change Rate +0.070429% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $1,100,640 Land Value $717,840 Improvement Value $382,800 Tax Amount $7,000 Change Rate +0.032448% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $1,100,640 Land Value $717,840 Improvement Value $382,800 Tax Amount $6,780 Change Rate +0.116233% Assessed CR Tax Rate +0.00616%
Year 2018 Assessed Value $1,020,800 Land Value $612,400 Improvement Value $408,400 Tax Amount $6,074 Change Rate +0.015379% Assessed CR Tax Rate +0.00595%
Year 2017 Assessed Value $1,020,800 Land Value $612,400 Improvement Value $408,400 Tax Amount $5,982 Change Rate +0.02449% Assessed CR Tax Rate +0.00586%
Year 2016 Assessed Value $1,020,800 Land Value $612,400 Improvement Value $408,400 Tax Amount $5,839 Change Rate -0.181984% Assessed CR Tax Rate +0.00572%
Year 2015 Assessed Value $1,295,400 Land Value $765,500 Improvement Value $529,900 Tax Amount $7,138 Change Rate +0.03195% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $1,295,400 Land Value $765,500 Improvement Value $529,900 Tax Amount $6,917 Change Rate +0.024893% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $1,295,400 Land Value $765,500 Improvement Value $529,900 Tax Amount $6,749 Change Rate Assessed CR Tax Rate +0.00521%