502 Old Town Road






Description
- Listed by Gail HALL • Brokerage DRE #REB.0014378 • Ballard Hall Sales GroupP: (401)-466-8883 gail@blockislandproperty.com
Property Details for 502 Old Town Road
Location
Sold By Trusthill Real Estate Brkrg.
Building Information for 502 Old Town Road
Payment Calculator
$9,110 per month
30 year fixed, 6.55% Interest
$8,768
$342
$0
Property Information for 502 Old Town Road
- City: Block Island
- Community Features: Marina, Near Schools, Recreation Area, Shopping, Tennis Courts
- Postal City: Block Island
- Postal Code: 02807
- State Or Province: RI
- View Y N: Yes
- Zoning: RB
- Human Modified Y N: No
- Covered Spaces: 0
- Garage Spaces: 0
- Garage Y N: No
- Parking Features: No Garage
- Parking Total: 6
- Association Fee: $.00
- Tax Annual Amount: $4,108.00
- Tax Assessed Value: 766500
- Tax Lot: 18-1
- Tax Year: 2021
- Above Grade Fin SQFT: 4194.0
- Building Area Total: 4194.0
- Frontage Length: 135
- Living Area Source: Public Records
- Lot Size Acres: 0.9329
- Lot Size Area: 40636.0
- Lot Size Square Feet: 40636.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Parcel Number: 502OLDTOWNRDNSHM
- Stories Total: 4
- Buyer Financing: Cash
- New Construction Y N: No
- Number Of Units Total: 3
- Property Sub Type: Multi Family
- Property Type: ResidentialIncome
- Senior Community Y N: No
- Year Built: 1880
- C L I P: 4,469,483,233
- Electric: Circuit Breakers
- Sewer: None
- Utilities: Sewer Not Available
- Water Source: Well
- Exterior Features: Deck, Porch
- Foundation Details: Concrete Perimeter, Slab, Stone
- Appliances: Oil Water Heater
- Basement: Full, Finished, Walk Out Access
- Basement Y N: Yes
- Bathrooms Full: 3
- Bathrooms Half: 0
- Bathrooms Total Integer: 3
- Bedrooms Total: 6
- Cooling: None
- Cooling Y N: No
- Fireplace Features: None
- Fireplaces Total: 0
- Fireplace Y N: No
- Flooring: Ceramic Tile, Hardwood
- Heating: Baseboard, Oil, Zoned
- Heating Y N: Yes
- Interior Features: Bathtub, Skylights, Stall Shower, Tub Shower
- Patio And Porch Features: Deck, Porch
- Rooms Total: 16
- Window Features: Skylights
- Operating Expense: $10,744.00
- Actual Rent: $1,250.00
- Description: Ground Floor
- Unit Type Area: 922.0
- Baths Total: 1
- Beds Total: 2
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $1,650.00
- Description: 2nd & 3rd Floor
- Unit Type Area: 1584.0
- Baths Total: 1
- Beds Total: 2
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $1,250.00
- Description: Main Floor
- Unit Type Area: 792.0
- Baths Total: 1
- Beds Total: 2
- Num of Full Baths: 1
- Num of Half Baths: 0
- Lease Amount Per Area Unit: DollarsPerSquareFoot
- Land Lease Y N: No
- Tenant Pays: Hot Water
Property History for 502 Old Town Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 10, 2022 | Sold (Public Record) Public Record #1492300185 | $1,725,000 | — |
| Jun 10, 2022 | Sold Rhode Island Association of REALTORS® #1299945 | $1,725,000 | — |
| Jun 10, 2022 | Permanently Off Market Rhode Island Association of REALTORS® #1299942 | — | |
| May 5, 2022 | Contract Signed Rhode Island Association of REALTORS® #1299945 | — | |
| Dec 9, 2021 | Listed (Active) Rhode Island Association of REALTORS® #1299945 | $1,750,000 | — |
| Dec 9, 2021 | Listed (Active) Rhode Island Association of REALTORS® #1299942 | $1,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/10/2022 | Sold (Public Record) Public Record #1492300185 | $1,725,000 |
| 06/10/2022 | Sold Rhode Island Association of REALTORS® #1299945 | $1,725,000 |
| 06/10/2022 | Permanently Off Market Rhode Island Association of REALTORS® #1299942 | — |
| 05/05/2022 | Contract Signed Rhode Island Association of REALTORS® #1299945 | — |
| 12/09/2021 | Listed (Active) Rhode Island Association of REALTORS® #1299945 | $1,750,000 |
| 12/09/2021 | Listed (Active) Rhode Island Association of REALTORS® #1299942 | $1,750,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 502 Old Town Road
Schools near 502 Old Town Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Block Island School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 02807
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 502 Old Town Road, Block Island, RI 02807 | $1,725,000 | 6 | 3 | 4,194 | 40,636 |
– | – | 2 | 1,536 | 44,266 | |
– | 5 | 2 | 2,040 | 43,560 | |
– | 5 | 2 | 1,954 | 28,000 | |
$1,080,000 | 4 | 3 | 2,700 | 60,113 | |
$825,000 | 3 | 1 | 1,056 | 16,553 | |
$569,000 | 2 | 2 | 1,162 | 8,800 | |
$570,000 | 4 | 1 | 1,272 | 14,093 | |
– | 2 | 2 | 1,792 | 35,532 | |
– | – | – | – | 59,677 | |
– | 5 | 2.5 | 3,337 | 169,771 | |
– | 3 | 2 | 2,352 | 64,356 | |
$840,000 | 2 | 2 | 1,694 | 45,738 | |
$1,370,000 | 3 | 2 | 1,397 | 45,357 | |
– | 3 | 3 | 1,987 | 16,000 | |
– | – | 1 | 1,721 | 322,231 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Ballard Hall Sales Group
Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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