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494 Old Town Rd; Block Island, RI Property Details

494 Old Town Rd, Block Island, RI is a Single Family that was built in 1890. This property is not for sale. Our records show that 494 Old Town Rd has 3 bedrooms, and 3 bathrooms, and a total of 1,987 square feet. The lot size of 494 Old Town Rd is 16,000 square feet.

Off market
494 Old Town Rd Block Island, RI 02807
$1,449,500 Estimated Value
3 Beds
3 Baths
1,987 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1890
  • Open Loans / Balance: 3 / $420,733
  • Est. Equity / %: $731,267 / 63.48%
  • Gross Yield: 5.695%
  • APN: BLOC M:17 L:011
  • Situs County: Washington

Rooms

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

Structure

  • Stories: 3
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,987/SqFt
  • Lot: 16,000/SqFt
  • Gross: 2,552/SqFt
  • Living: 1,987/SqFt
  • Basement: 672/SqFt
  • Building: 1,987/SqFt
  • Ground: 792/SqFt
  • Basement Unfinished: 672/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: 41.17113 / -71.57109
  • Property Class: Residential
  • Zoning: RB
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7848
  • Cooling: Yes
  • Garage: Garage
  • Heating: Heat Pump

Ownership Info

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

Taxes

494 Old Town Rd has 9 associated Taxes items

494 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 $1,449,500. The APN we've located for 494 Old Town Rd is BLOC M:17 L:011.

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Taxes
  • Assessed Value:  $1,449,500
  • Assessed Year:  2026
  • Assessed County:  Washington
  • APN:  BLOC M:17 L:011
  • Assessed Land Value:  481400
  • Tax Amount:  6160
  • Tax Year:  2026
  • Market Value:  1559967
  • Market Year:  2026

Tax History

494 Old Town Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,449,500 Land Value $481,400 Improvement Value $968,100 Tax Amount $6,160 Change Rate +0.40543% Assessed CR Tax Rate +0.00425%
Year 2025 Assessed Value $761,000 Land Value $301,500 Improvement Value $459,500 Tax Amount $4,383 Change Rate -0.131219% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $914,000 Land Value $301,500 Improvement Value $612,500 Tax Amount $5,045 Change Rate +0.208962% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $693,200 Land Value $301,500 Improvement Value $391,700 Tax Amount $4,173 Change Rate +0.35443% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $435,200 Land Value $267,920 Improvement Value $167,280 Tax Amount $3,081 Change Rate +0.056584% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $435,200 Land Value $267,920 Improvement Value $167,280 Tax Amount $2,916 Change Rate +0.053468% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $435,200 Land Value $267,920 Improvement Value $167,280 Tax Amount $2,768 Change Rate +0.032451% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $435,200 Land Value $267,920 Improvement Value $167,280 Tax Amount $2,681 Change Rate +0.055051% Assessed CR Tax Rate +0.00616%
Year 2018 Assessed Value $434,560 Land Value $255,680 Improvement Value $178,880 Tax Amount $2,541.11 Change Rate -0.002313% Assessed CR Tax Rate +0.005848%
Year 2017 Assessed Value $434,560 Land Value $255,680 Improvement Value $178,880 Tax Amount $2,547 Change Rate +0.024537% Assessed CR Tax Rate +0.005861%
Year 2016 Assessed Value $434,560 Land Value $255,680 Improvement Value $178,880 Tax Amount $2,486 Change Rate -0.18358% Assessed CR Tax Rate +0.005721%
Year 2015 Assessed Value $552,700 Land Value $319,600 Improvement Value $233,100 Tax Amount $3,045 Change Rate +0.031854% Assessed CR Tax Rate +0.005509%
Year 2014 Assessed Value $552,700 Land Value $319,600 Improvement Value $233,100 Tax Amount $2,951 Change Rate +0.024653% Assessed CR Tax Rate +0.005339%
Year 2013 Assessed Value $552,700 Land Value $319,600 Improvement Value $233,100 Tax Amount $2,880 Change Rate Assessed CR Tax Rate +0.005211%