Taxes
- Assessed Value: $1,603,900
- Assessed Year: 2025
- Assessed County: Washington
- APN: BLOC M:17 L:018-01
- Assessed Land Value: 393400
- Tax Amount: 9238
- Tax Year: 2025
502 Old Town Rd; Block Island, RI Property Details
Off market
502 Old Town Rd Block Island, RI 02807
$1,725,000 Listing Price
6 Beds
3 Baths
2,664 SqFt
Property Type
Triplex 3 UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1880
- Purchase Price: $1,725,000
- Open Loans / Balance: 1 / $1,297,499
- Est. Equity / %: $1,146,501 / 46.91%
- APN: BLOC M:17 L:018-01
- Situs County: Washington
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 6
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 12
Structure
- Stories: 2
- Exterior Wall Type: Wood Siding
- Building Condition: Good
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Attic: true
- Deck: true
Measurements
- Total: 2,664/SqFt
- Lot: 37,897/SqFt
- Attic: 792/SqFt
- Gross: 4,350/SqFt
- Living: 2,664/SqFt
- Basement: 792/SqFt
- Building: 2,664/SqFt
- Ground: 922/SqFt
- Basement Unfinished: 792/SqFt
- Price Per Square Foot: $647.52
Building Insights
Land Information
- Property Type: Triplex 3 Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: New Shoreham School District
- Lat / Lon: 41.170982 / -71.5736
- Property Class: Residential
- Zoning: RB
- County Use Code: 105
Amenities
- Heating Fuel Type: Oil
- Heating: Hot Water
Ownership Info
502 Old Town Rd has no associated ownership info
502 Old Town Rd has no associated ownership info.
Taxes
502 Old Town Rd has 7 associated Taxes items
502 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 $1,603,900. The APN we've located for 502 Old Town Rd is BLOC M:17 L:018-01.
Unlock the full reportTax History
502 Old Town Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,603,900 | Land Value $393,400 | Improvement Value $1,210,500 | Tax Amount $9,238 | Change Rate +0.033102% | Assessed CR | Tax Rate +0.00576% |
| Year 2024 | Assessed Value $1,620,000 | Land Value $393,400 | Improvement Value $1,226,600 | Tax Amount $8,942 | Change Rate -0.08306% | Assessed CR | Tax Rate +0.00552% |
| Year 2023 | Assessed Value $1,620,000 | Land Value $393,400 | Improvement Value $1,226,600 | Tax Amount $9,752 | Change Rate +1.246487% | Assessed CR | Tax Rate +0.00602% |
| Year 2022 | Assessed Value $613,200 | Land Value $349,520 | Improvement Value $263,680 | Tax Amount $4,341 | Change Rate +0.056719% | Assessed CR | Tax Rate +0.007079% |
| Year 2021 | Assessed Value $613,200 | Land Value $349,520 | Improvement Value $263,680 | Tax Amount $4,108 | Change Rate +0.053333% | Assessed CR | Tax Rate +0.006699% |
| Year 2020 | Assessed Value $613,200 | Land Value $349,520 | Improvement Value $263,680 | Tax Amount $3,900 | Change Rate +0.032566% | Assessed CR | Tax Rate +0.00636% |
| Year 2019 | Assessed Value $613,200 | Land Value $349,520 | Improvement Value $263,680 | Tax Amount $3,777 | Change Rate +0.091814% | Assessed CR | Tax Rate +0.006159% |
| Year 2018 | Assessed Value $591,600 | Land Value $344,800 | Improvement Value $246,800 | Tax Amount $3,459.38 | Change Rate -0.002198% | Assessed CR | Tax Rate +0.005847% |
| Year 2017 | Assessed Value $591,600 | Land Value $344,800 | Improvement Value $246,800 | Tax Amount $3,467 | Change Rate +0.024527% | Assessed CR | Tax Rate +0.00586% |
| Year 2016 | Assessed Value $591,600 | Land Value $344,800 | Improvement Value $246,800 | Tax Amount $3,384 | Change Rate -0.170995% | Assessed CR | Tax Rate +0.00572% |
| Year 2015 | Assessed Value $740,900 | Land Value $431,000 | Improvement Value $309,900 | Tax Amount $4,082 | Change Rate +0.03185% | Assessed CR | Tax Rate +0.00551% |
| Year 2014 | Assessed Value $740,900 | Land Value $431,000 | Improvement Value $309,900 | Tax Amount $3,956 | Change Rate +0.02487% | Assessed CR | Tax Rate +0.005339% |
| Year 2013 | Assessed Value $740,900 | Land Value $431,000 | Improvement Value $309,900 | Tax Amount $3,860 | Change Rate | Assessed CR | Tax Rate +0.00521% |