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505 Old Town Rd; Block Island, RI Property Details

505 Old Town Rd, Block Island, RI is a Mixed Use that was built in 1790. This property is not for sale. Our records show that 505 Old Town Rd has 3 bedrooms, and 1 bathroom, and a total of 1,721 square feet. The lot size of 505 Old Town Rd is 322,231 square feet.

Off market
505 Old Town Rd Block Island, RI 02807
$1,432,500 Estimated Value
3 Beds
1 Baths
1,721 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1790
  • APN: BLOC M:17 L:019
  • Situs County: Washington

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 1,721/SqFt
  • Lot: 322,231/SqFt
  • Attic: 1,147/SqFt
  • Gross: 2,514/SqFt
  • Living: 2,294/SqFt
  • Basement: 200/SqFt
  • Building: 1,721/SqFt
  • Ground: 1,147/SqFt
  • Basement Unfinished: 200/SqFt
Building Insights

Land Information

  • Property Type: Mixed Use
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Shoreham School District
  • Lat / Lon: 41.17016 / -71.575966
  • Property Class: Commercial
  • Zoning: RB
  • County Use Code: 013

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 7849
  • Heating: Hot Water

Ownership Info

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

Taxes

505 Old Town Rd has 9 associated Taxes items

505 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 $1,432,500. The APN we've located for 505 Old Town Rd is BLOC M:17 L:019.

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Taxes
  • Assessed Value:  $1,432,500
  • Assessed Year:  2026
  • Assessed County:  Washington
  • APN:  BLOC M:17 L:019
  • Assessed Land Value:  856500
  • Tax Amount:  6088
  • Tax Year:  2026
  • Market Value:  1796072
  • Market Year:  2026

Tax History

505 Old Town Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,432,500 Land Value $856,500 Improvement Value $576,000 Tax Amount $6,088 Change Rate -0.203767% Assessed CR Tax Rate +0.00425%
Year 2025 Assessed Value $1,327,500 Land Value $1,014,500 Improvement Value $313,000 Tax Amount $7,646 Change Rate +0.039424% Assessed CR Tax Rate +0.00576%
Year 2024 Assessed Value $1,332,600 Land Value $1,014,500 Improvement Value $318,100 Tax Amount $7,356 Change Rate -0.083022% Assessed CR Tax Rate +0.00552%
Year 2023 Assessed Value $1,332,600 Land Value $1,014,500 Improvement Value $318,100 Tax Amount $8,022 Change Rate +0.088319% Assessed CR Tax Rate +0.00602%
Year 2022 Assessed Value $1,041,040 Land Value $884,400 Improvement Value $156,640 Tax Amount $7,371 Change Rate +0.056774% Assessed CR Tax Rate +0.00708%
Year 2021 Assessed Value $1,041,040 Land Value $884,400 Improvement Value $156,640 Tax Amount $6,975 Change Rate +0.053466% Assessed CR Tax Rate +0.0067%
Year 2020 Assessed Value $1,041,040 Land Value $884,400 Improvement Value $156,640 Tax Amount $6,621 Change Rate +0.032434% Assessed CR Tax Rate +0.00636%
Year 2019 Assessed Value $1,041,040 Land Value $884,400 Improvement Value $156,640 Tax Amount $6,413 Change Rate +0.043372% Assessed CR Tax Rate +0.00616%
Year 2018 Assessed Value $1,051,120 Land Value $884,400 Improvement Value $166,720 Tax Amount $6,146.42 Change Rate -0.002205% Assessed CR Tax Rate +0.005847%
Year 2017 Assessed Value $1,051,120 Land Value $884,400 Improvement Value $166,720 Tax Amount $6,160 Change Rate +0.024617% Assessed CR Tax Rate +0.00586%
Year 2016 Assessed Value $1,051,120 Land Value $884,400 Improvement Value $166,720 Tax Amount $6,012 Change Rate -0.177452% Assessed CR Tax Rate +0.00572%
Year 2015 Assessed Value $1,326,500 Land Value $1,105,500 Improvement Value $221,000 Tax Amount $7,309 Change Rate +0.031762% Assessed CR Tax Rate +0.00551%
Year 2014 Assessed Value $1,326,500 Land Value $1,105,500 Improvement Value $221,000 Tax Amount $7,084 Change Rate -0.009369% Assessed CR Tax Rate +0.00534%
Year 2013 Assessed Value $1,372,600 Land Value $1,105,500 Improvement Value $267,100 Tax Amount $7,151 Change Rate Assessed CR Tax Rate +0.00521%