Taxes
- Assessed Value: $1,412,200
- Assessed Year: 2026
- Assessed County: Washington
- APN: BLOC M:06 L:047
- Assessed Land Value: 795300
- Tax Amount: 6002
- Tax Year: 2026
- Market Value: 1611412
- Market Year: 2026
488 Old Town Rd; Block Island, RI Property Details
Off market
488 Old Town Rd Block Island, RI 02807
$1,412,200 Estimated Value
2 Beds
1 Baths
1,884 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1917
- Est. Equity / %: $1,668,000 / 100%
- Gross Yield: 5.045%
- APN: BLOC M:06 L:047
- Situs County: Washington
- Length Of Ownership: 15 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Stories: 2
- Exterior Wall Type: Wood Siding
- Building Condition: Average
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Deck: true
Measurements
- Total: 1,884/SqFt
- Lot: 43,560/SqFt
- Gross: 3,579/SqFt
- Living: 1,884/SqFt
- Basement: 988/SqFt
- Building: 1,884/SqFt
- Ground: 1,260/SqFt
- Basement Unfinished: 988/SqFt
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: 41.17193 / -71.567825
- Property Class: Residential
- Zoning: RB
- County Use Code: 101
Amenities
- Heating Fuel Type: Gas
- Plus Four: 7848
- Garage: Garage
- Heating: Hot Water
Ownership Info
488 Old Town Rd has no associated ownership info
488 Old Town Rd has no associated ownership info.
Taxes
488 Old Town Rd has 9 associated Taxes items
488 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 $1,412,200. The APN we've located for 488 Old Town Rd is BLOC M:06 L:047.
Unlock the full reportTax History
488 Old Town Rd has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $1,412,200 | Land Value $795,300 | Improvement Value $616,900 | Tax Amount $6,002 | Change Rate +0.088305% | Assessed CR | Tax Rate +0.00425% |
| Year 2025 | Assessed Value $957,400 | Land Value $498,100 | Improvement Value $459,300 | Tax Amount $5,515 | Change Rate +0.03607% | Assessed CR | Tax Rate +0.00576% |
| Year 2024 | Assessed Value $964,300 | Land Value $498,100 | Improvement Value $466,200 | Tax Amount $5,323 | Change Rate -0.083032% | Assessed CR | Tax Rate +0.00552% |
| Year 2023 | Assessed Value $964,300 | Land Value $498,100 | Improvement Value $466,200 | Tax Amount $5,805 | Change Rate +0.326251% | Assessed CR | Tax Rate +0.00602% |
| Year 2022 | Assessed Value $618,160 | Land Value $442,000 | Improvement Value $176,160 | Tax Amount $4,377 | Change Rate +0.056736% | Assessed CR | Tax Rate +0.007081% |
| Year 2021 | Assessed Value $618,160 | Land Value $442,000 | Improvement Value $176,160 | Tax Amount $4,142 | Change Rate +0.053676% | Assessed CR | Tax Rate +0.006701% |
| Year 2020 | Assessed Value $618,160 | Land Value $442,000 | Improvement Value $176,160 | Tax Amount $3,931 | Change Rate +0.0323% | Assessed CR | Tax Rate +0.006359% |
| Year 2019 | Assessed Value $618,160 | Land Value $442,000 | Improvement Value $176,160 | Tax Amount $3,808 | Change Rate +0.050077% | Assessed CR | Tax Rate +0.00616% |
| Year 2018 | Assessed Value $620,160 | Land Value $439,120 | Improvement Value $181,040 | Tax Amount $3,626.4 | Change Rate -0.002091% | Assessed CR | Tax Rate +0.005848% |
| Year 2017 | Assessed Value $620,160 | Land Value $439,120 | Improvement Value $181,040 | Tax Amount $3,634 | Change Rate +0.024528% | Assessed CR | Tax Rate +0.00586% |
| Year 2016 | Assessed Value $620,160 | Land Value $439,120 | Improvement Value $181,040 | Tax Amount $3,547 | Change Rate -0.176457% | Assessed CR | Tax Rate +0.005719% |
| Year 2015 | Assessed Value $781,600 | Land Value $548,900 | Improvement Value $232,700 | Tax Amount $4,307 | Change Rate +0.031864% | Assessed CR | Tax Rate +0.00551% |
| Year 2014 | Assessed Value $781,600 | Land Value $548,900 | Improvement Value $232,700 | Tax Amount $4,174 | Change Rate +0.020787% | Assessed CR | Tax Rate +0.00534% |
| Year 2013 | Assessed Value $784,800 | Land Value $548,900 | Improvement Value $235,900 | Tax Amount $4,089 | Change Rate | Assessed CR | Tax Rate +0.00521% |