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487 Old Town Rd; Block Island, RI Property Details

487 Old Town Rd, Block Island, RI is a Apt House 5+ Units that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 487 Old Town Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,128 square feet. The lot size of 487 Old Town Rd is 34,790 square feet.

Off market
487 Old Town Rd Block Island, RI 02807
$1,651,800 Estimated Value
3 Beds
2 Baths
2,128 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Open Loans / Balance: 1 / $273,260
  • Est. Equity / %: $863,740 / 75.97%
  • APN: BLOC M:06 L:048
  • Situs County: Washington
  • Length Of Ownership: 15 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 2,128/SqFt
  • Lot: 34,790/SqFt
  • Attic: 1,064/SqFt
  • Gross: 4,268/SqFt
  • Living: 2,128/SqFt
  • Basement: 1,046/SqFt
  • Building: 2,128/SqFt
  • Ground: 1,064/SqFt
  • Basement Unfinished: 1,046/SqFt
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: 41.171753 / -71.56751
  • Property Class: Residential
  • Zoning: RB
  • County Use Code: 109

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7848
  • Heating: Hot Water

Ownership Info

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

Taxes

487 Old Town Rd has 9 associated Taxes items

487 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 $1,651,800. The APN we've located for 487 Old Town Rd is BLOC M:06 L:048.

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Taxes
  • Assessed Value:  $1,651,800
  • Assessed Year:  2026
  • Assessed County:  Washington
  • APN:  BLOC M:06 L:048
  • Assessed Land Value:  622500
  • Tax Amount:  7020
  • Tax Year:  2026
  • Market Value:  1190816
  • Market Year:  2026

Tax History

487 Old Town Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,651,800 Land Value $622,500 Improvement Value $1,029,300 Tax Amount $7,020 Change Rate +0.197135% Assessed CR Tax Rate +0.00425%
Year 2025 Assessed Value $1,018,100 Land Value $390,500 Improvement Value $627,600 Tax Amount $5,864 Change Rate +0.036225% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $1,025,100 Land Value $390,500 Improvement Value $634,600 Tax Amount $5,659 Change Rate -0.082969% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $1,025,100 Land Value $390,500 Improvement Value $634,600 Tax Amount $6,171 Change Rate +0.439132% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $605,680 Land Value $347,040 Improvement Value $258,640 Tax Amount $4,288 Change Rate +0.056678% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $605,680 Land Value $347,040 Improvement Value $258,640 Tax Amount $4,058 Change Rate +0.053479% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $605,680 Land Value $347,040 Improvement Value $258,640 Tax Amount $3,852 Change Rate +0.032431% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $605,680 Land Value $347,040 Improvement Value $258,640 Tax Amount $3,731 Change Rate +0.008806% Assessed CR Tax Rate +0.00616%
Year 2018 Assessed Value $632,480 Land Value $341,760 Improvement Value $290,720 Tax Amount $3,698.43 Change Rate -0.002043% Assessed CR Tax Rate +0.005848%
Year 2017 Assessed Value $632,480 Land Value $341,760 Improvement Value $290,720 Tax Amount $3,706 Change Rate +0.024323% Assessed CR Tax Rate +0.005859%
Year 2016 Assessed Value $632,480 Land Value $341,760 Improvement Value $290,720 Tax Amount $3,618 Change Rate -0.181818% Assessed CR Tax Rate +0.00572%
Year 2015 Assessed Value $802,500 Land Value $427,200 Improvement Value $375,300 Tax Amount $4,422 Change Rate +0.031972% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $802,500 Land Value $427,200 Improvement Value $375,300 Tax Amount $4,285 Change Rate +0.024874% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $802,500 Land Value $427,200 Improvement Value $375,300 Tax Amount $4,181 Change Rate Assessed CR Tax Rate +0.00521%