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474 Old Town Rd; Block Island, RI Property Details

474 Old Town Rd, Block Island, RI is a Commercial Building that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 474 Old Town Rd has 9 bedrooms, and 9 bathrooms, and a total of 2,093 square feet. The lot size of 474 Old Town Rd is 40,000 square feet.

Off market
474 Old Town Rd Block Island, RI 02807
$1,200,000 Listing Price
9 Beds
9 Baths
2,093 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Purchase Price: $1,200,000
  • Open Loans / Balance: 1 / $487,929
  • APN: BLOC M:06 L:075-02
  • Situs County: Washington
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full Bathrooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,093/SqFt
  • Lot: 40,000/SqFt
  • Attic: 850/SqFt
  • Gross: 4,336/SqFt
  • Living: 2,093/SqFt
  • Basement: 850/SqFt
  • Building: 2,093/SqFt
  • Ground: 1,030/SqFt
  • Basement Unfinished: 850/SqFt
  • Price Per Square Foot: $573.34
Building Insights

Land Information

  • Property Type: Commercial Building
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Shoreham School District
  • Lat / Lon: 41.17188 / -71.56251
  • Property Class: Commercial
  • Zoning: RC
  • County Use Code: 347

Amenities

  • Heating Fuel Type: Oil
  • Garage: Garage
  • Heating: Hot Water

Ownership Info

474 Old Town Rd has no associated ownership info
474 Old Town Rd has no associated ownership info.

Taxes

474 Old Town Rd has 7 associated Taxes items

474 Old Town 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 $968,700. The APN we've located for 474 Old Town Rd is BLOC M:06 L:075-02.

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Taxes
  • Assessed Value:  $968,700
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  BLOC M:06 L:075-02
  • Assessed Land Value:  620700
  • Tax Amount:  5580
  • Tax Year:  2025

Tax History

474 Old Town Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $968,700 Land Value $620,700 Improvement Value $348,000 Tax Amount $5,580 Change Rate +0.027246% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $984,100 Land Value $620,700 Improvement Value $363,400 Tax Amount $5,432 Change Rate -0.083052% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $984,100 Land Value $620,700 Improvement Value $363,400 Tax Amount $5,924 Change Rate -0.008867% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $844,240 Land Value $551,280 Improvement Value $292,960 Tax Amount $5,977 Change Rate +0.056754% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $844,240 Land Value $551,280 Improvement Value $292,960 Tax Amount $5,656 Change Rate +0.053455% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $844,240 Land Value $551,280 Improvement Value $292,960 Tax Amount $5,369 Change Rate +0.032301% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $844,240 Land Value $551,280 Improvement Value $292,960 Tax Amount $5,201 Change Rate +0.120422% Assessed CR Tax Rate +0.006161%
Year 2018 Assessed Value $780,160 Land Value $544,640 Improvement Value $235,520 Tax Amount $4,642 Change Rate +0.015311% Assessed CR Tax Rate +0.00595%
Year 2017 Assessed Value $780,160 Land Value $544,640 Improvement Value $235,520 Tax Amount $4,572 Change Rate +0.024423% Assessed CR Tax Rate +0.00586%
Year 2016 Assessed Value $780,160 Land Value $544,640 Improvement Value $235,520 Tax Amount $4,463 Change Rate -0.188693% Assessed CR Tax Rate +0.005721%
Year 2015 Assessed Value $998,300 Land Value $680,800 Improvement Value $317,500 Tax Amount $5,501 Change Rate +0.031889% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $998,300 Land Value $680,800 Improvement Value $317,500 Tax Amount $5,331 Change Rate +0.024995% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $998,300 Land Value $680,800 Improvement Value $317,500 Tax Amount $5,201 Change Rate Assessed CR Tax Rate +0.00521%