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33 Ocean Ave

Block Island, RI 02807

2 bd 2 ba 768 sqft Built 1956 Lot 16,117 sqft condos
Most recent sale
$785,000
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $785,000 MLS #1301244
Jan 10, 2022 Listed $845,000 MLS #1301244
Apr 12, 2018 Sold $312,000 MLS #1150404
Sep 6, 2017 Price changed $395,000 MLS #1150404
Feb 3, 2017 Listed $429,000 MLS #1150404
Jan 24, 2017 Listing removed $429,000 StateWide
Sep 30, 2016 Price changed $429,000 MLS #1120358
Aug 2, 2016 Price changed $479,000 MLS #1120358
Mar 15, 2016 Listed $549,000 MLS #1120358

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $738,600 $738,600 $4,254
2023 $747,700 $747,700 $4,501
2022 $245,440 $245,440 $1,738
2021 $245,440 $245,440 $1,644
2020 $245,440 $245,440 $1,561
2019 $245,440 $245,440 $1,512
2018 $499,600 $499,600 $2,973
2017 $499,600 $499,600 $2,928
2016 $499,600 $499,600 $2,858
2015 $638,200 $638,200 $3,516
2014 $638,200 $638,200 $3,408
2013 $645,100 $645,100 $3,361

Property facts

Year built
1956
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
768 sqft
Lot size
16,117 sqft
ZIP code
02807
City
Block Island
Street
Ocean Ave
Coordinates
41.17359, -71.56298

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 33 Ocean Ave last sell?
33 Ocean Ave most recently sold on Oct 13, 2022 for $785,000.
What is the current tax assessment for 33 Ocean Ave?
The most recent total assessment for 33 Ocean Ave (year 2025) is $738,600 with $4,254 in property tax.
How does 33 Ocean Ave's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $785,000.
When was 33 Ocean Ave built?
33 Ocean Ave was built in 1956.
How does 33 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 33 Ocean Ave?
33 Ocean Ave is a 2 bed, 2 bath, 768 sqft, 16,117 sqft lot condos.
Is 33 Ocean Ave a flip candidate?
No — 33 Ocean Ave does not appear in our flips dataset.
Is 33 Ocean Ave a tax-appeal candidate?
No — 33 Ocean Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.5%
2025 Q4
$2.52M
2026 Q1
$2.6M
ZIP 02807 — Median Price History + Forecast

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