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481 Old Town Rd; Block Island, RI Property Details

481 Old Town Rd, Block Island, RI is a Apt House 5+ Units that was built in 1948. This property is currently Financed and is not for sale. Our records show that 481 Old Town Rd has 2 bedrooms, and 1 bathroom, and a total of 816 square feet. The lot size of 481 Old Town Rd is 10,600 square feet.

Off market
481 Old Town Rd Block Island, RI 02807
$1,025,000 Listing Price
2 Beds
1 Baths
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1948
  • Purchase Price: $1,025,000
  • Open Loans / Balance: 1 / $766,383
  • Est. Equity / %: $561,617 / 42.29%
  • APN: BLOC M:06 L:057
  • Situs County: Washington
  • Length Of Ownership: 10 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 816/SqFt
  • Lot: 10,600/SqFt
  • Living: 816/SqFt
  • Building: 816/SqFt
  • Price Per Square Foot: $1256.13
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Shoreham School District
  • Lat / Lon: 41.17221 / -71.56533
  • Property Class: Residential
  • Zoning: RB
  • County Use Code: 109

Amenities

  • Plus Four: 7848
  • Heating: Hot Water

Ownership Info

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

Taxes

481 Old Town Rd has 9 associated Taxes items

481 Old Town Rd, Block Island, RI pays taxes in Washington County, RI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $981,700. The APN we've located for 481 Old Town Rd is BLOC M:06 L:057.

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Taxes
  • Assessed Value:  $981,700
  • Assessed Year:  2026
  • Assessed County:  Washington
  • APN:  BLOC M:06 L:057
  • Assessed Land Value:  441500
  • Tax Amount:  4172
  • Tax Year:  2026
  • Market Value:  1098951
  • Market Year:  2026

Tax History

481 Old Town Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $981,700 Land Value $441,500 Improvement Value $540,200 Tax Amount $4,172 Change Rate -0.139794% Assessed CR Tax Rate +0.00425%
Year 2025 Assessed Value $842,000 Land Value $276,500 Improvement Value $565,500 Tax Amount $4,850 Change Rate +0.034556% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $849,200 Land Value $276,500 Improvement Value $572,700 Tax Amount $4,688 Change Rate -0.082942% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $849,200 Land Value $276,500 Improvement Value $572,700 Tax Amount $5,112 Change Rate +0.698903% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $424,960 Land Value $245,760 Improvement Value $179,200 Tax Amount $3,009 Change Rate +0.056902% Assessed CR Tax Rate +0.007081%
Year 2021 Assessed Value $424,960 Land Value $245,760 Improvement Value $179,200 Tax Amount $2,847 Change Rate +0.053274% Assessed CR Tax Rate +0.006699%
Year 2020 Assessed Value $424,960 Land Value $245,760 Improvement Value $179,200 Tax Amount $2,703 Change Rate +0.032468% Assessed CR Tax Rate +0.006361%
Year 2019 Assessed Value $424,960 Land Value $245,760 Improvement Value $179,200 Tax Amount $2,618 Change Rate +0.102088% Assessed CR Tax Rate +0.006161%
Year 2018 Assessed Value $406,240 Land Value $244,400 Improvement Value $161,840 Tax Amount $2,375.49 Change Rate -0.002314% Assessed CR Tax Rate +0.005848%
Year 2017 Assessed Value $406,240 Land Value $244,400 Improvement Value $161,840 Tax Amount $2,381 Change Rate +0.024527% Assessed CR Tax Rate +0.005861%
Year 2016 Assessed Value $406,240 Land Value $244,400 Improvement Value $161,840 Tax Amount $2,324 Change Rate -0.139259% Assessed CR Tax Rate +0.005721%
Year 2015 Assessed Value $490,100 Land Value $305,500 Improvement Value $184,600 Tax Amount $2,700 Change Rate +0.031716% Assessed CR Tax Rate +0.005509%
Year 2014 Assessed Value $490,100 Land Value $305,500 Improvement Value $184,600 Tax Amount $2,617 Change Rate +0.143794% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $439,200 Land Value $305,500 Improvement Value $133,700 Tax Amount $2,288 Change Rate Assessed CR Tax Rate +0.005209%