413 Payne Rd
Block Island, RI 02807
4 bd 4 ba 4,176 sqft Built 1962 Lot 74,488 sqft single_family
Most recent sale
$2,727,000
Mar 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2024 | Sold | $2,727,000 | StateWide |
| Aug 24, 2023 | Price changed | $3,100,000 | StateWide |
| Apr 17, 2023 | Listed | $3,490,000 | StateWide |
| Jan 1, 2023 | Listing removed | — | StateWide |
| Nov 26, 2022 | Listed | $3,500,000 | StateWide |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $786,900 | $724,700 | $1,511,600 | $8,707 |
| 2023 | $794,400 | $724,700 | $1,519,100 | $9,145 |
| 2022 | $396,640 | $740,720 | $1,137,360 | $8,053 |
| 2021 | $396,640 | $740,720 | $1,137,360 | $7,620 |
| 2020 | $396,640 | $740,720 | $1,137,360 | $7,234 |
| 2019 | $396,640 | $740,720 | $1,137,360 | $7,006 |
| 2018 | $425,920 | $740,720 | $1,166,640 | $6,942 |
| 2017 | $425,920 | $740,720 | $1,166,640 | $6,837 |
| 2016 | $425,920 | $740,720 | $1,166,640 | $6,673 |
| 2015 | $545,100 | $1,152,700 | $1,697,800 | $9,355 |
| 2013 | $551,400 | $1,152,700 | $1,704,100 | $8,878 |
| 2006 | $245,900 | $1,091,600 | $1,337,500 | $5,323 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
4,176 sqft
Lot size
74,488 sqft
ZIP code
02807
City
Block Island
Street
Payne Rd
Coordinates
41.16435, -71.56327
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$16,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 413 Payne Rd last sell?
413 Payne Rd most recently sold on Mar 15, 2024 for $2,727,000.
What is the current tax assessment for 413 Payne Rd?
The most recent total assessment for 413 Payne Rd (year 2025) is $1,511,600 with $8,707 in property tax.
How does 413 Payne Rd's assessment compare to its last sale price?
The current assessment is 44.6% below the last sale price of $2,727,000.
When was 413 Payne Rd built?
413 Payne Rd was built in 1962.
How does 413 Payne Rd compare to others on Payne Rd?
We track 8 other properties on Payne Rd. Browse the list under "Other properties on Payne Rd" to compare beds, baths, and sale history.
What are the property facts for 413 Payne Rd?
413 Payne Rd is a 4 bed, 4 bath, 4,176 sqft, 74,488 sqft lot single_family.
Is 413 Payne Rd a flip candidate?
No — 413 Payne Rd does not appear in our flips dataset.
Is 413 Payne Rd a tax-appeal candidate?
No — 413 Payne Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.9%
Implied 1-yr
+15.5%
2025 Q4
$2.52M
2026 Q1
$2.6M
ZIP 02807 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Payne Rd