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242 Ocean Ave; Block Island, RI Property Details

242 Ocean Ave, Block Island, RI is a Mixed Use. This property is not for sale. The lot size of 242 Ocean Ave is 74,014 square feet.

Off market  •   Pre Probate ✓
242 Ocean Ave Block Island, RI 02807
$3,454,100 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • APN: BLOC M:05 L:012
  • Situs County: Washington

Structure

  • Deck: true

Measurements

  • Lot: 74,014/SqFt
Building Insights

Land Information

  • Property Type: Mixed Use
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: New Shoreham School District
  • Lat / Lon: 41.174355 / -71.562836
  • Property Class: Commercial
  • Zoning: SC
  • County Use Code: 013

Amenities

  • Plus Four: 7725

Ownership Info

242 Ocean Ave has no associated ownership info
242 Ocean Ave has no associated ownership info.

Taxes

242 Ocean Ave has 7 associated Taxes items

242 Ocean Ave, 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 $3,454,100. The APN we've located for 242 Ocean Ave is BLOC M:05 L:012.

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Taxes
  • Assessed Value:  $3,454,100
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  BLOC M:05 L:012
  • Assessed Land Value:  772000
  • Tax Amount:  19896
  • Tax Year:  2025

Tax History

242 Ocean Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,454,100 Land Value $772,000 Improvement Value $2,682,100 Tax Amount $19,896 Change Rate +0.031576% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $3,494,100 Land Value $772,000 Improvement Value $2,722,100 Tax Amount $19,287 Change Rate -0.083056% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $3,494,100 Land Value $772,000 Improvement Value $2,722,100 Tax Amount $21,034 Change Rate +0.098439% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $2,704,640 Land Value $606,560 Improvement Value $2,098,080 Tax Amount $19,149 Change Rate +0.062122% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $2,690,960 Land Value $606,560 Improvement Value $2,084,400 Tax Amount $18,029 Change Rate +0.053403% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $2,690,960 Land Value $606,560 Improvement Value $2,084,400 Tax Amount $17,115 Change Rate +0.032517% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $2,690,960 Land Value $606,560 Improvement Value $2,084,400 Tax Amount $16,576 Change Rate +0.057099% Assessed CR Tax Rate +0.00616%
Year 2018 Assessed Value $2,681,600 Land Value $585,840 Improvement Value $2,095,760 Tax Amount $15,680.65 Change Rate -0.002122% Assessed CR Tax Rate +0.005847%
Year 2017 Assessed Value $2,681,600 Land Value $585,840 Improvement Value $2,095,760 Tax Amount $15,714 Change Rate +0.024447% Assessed CR Tax Rate +0.00586%
Year 2016 Assessed Value $2,681,600 Land Value $585,840 Improvement Value $2,095,760 Tax Amount $15,339 Change Rate -0.128169% Assessed CR Tax Rate +0.00572%
Year 2015 Assessed Value $3,193,100 Land Value $732,300 Improvement Value $2,460,800 Tax Amount $17,594 Change Rate +0.053533% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $3,127,400 Land Value $732,300 Improvement Value $2,395,100 Tax Amount $16,700 Change Rate +0.01206% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $3,167,200 Land Value $732,300 Improvement Value $2,434,900 Tax Amount $16,501 Change Rate Assessed CR Tax Rate +0.00521%