251 SPRING STREET
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Location
251 SPRING STREET
Mblu
07/ / 027/ /
Acct#
209500
Owner
251 SPRING STREET LLC
Total Market Value
$2,560,000
Appraisal
$2,560,000
PID
760
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,823,200$736,800$2,560,000
Assessment
Valuation YearImprovementsLandTotal
2025$1,823,200$736,800$2,560,000

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
Owner251 SPRING STREET LLC
Co-Owner
AddressPO BOX 298
BLOCK ISLAND, RI 02807
Sale Price$3,100,000
Certificate
Book & Page 0492/0006
Sale Date10/22/2015
Instrument1G

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
251 SPRING STREET LLC$3,100,000 0492/00061G10/22/2015
BI RESORTS INC$0 0051/01011N08/01/1980

Building Information
Building 1 : Section 1
Year Built: 1872
Living Area: 11,251
Replacement Cost: $5,126,052
Building Percent Good: 35
Replacement Cost
Less Depreciation:
$1,794,100
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAve-Good
Stories:3 Stories
Occupancy17.00
Ext Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureMansard
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelOil
Heating TypeHot Water
AC TypeCentral
Bldg UseLG BUS MDL 94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,665 4,665
FUSUpper Story, Finished 4,655 4,655
FRBFin.Raised Bsmnt 2,575 1,931
CTHCathedral Ceiling 100 0
FOPPorch, Open, Finished 930 0
FSTUtility, Finished 3,200 0
WDKDeck, Wood 1,925 0
   18,050 11,251

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET11251.00 S.F.$6,5001

Land
Land Use
Use Code333C
DescriptionLG BUS MDL 94  
ZoneRCM
Neighborhood0500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.14
Frontage
Depth
Total Market Land$736,800
Appraised Value$736,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  5000.00 S.F.$10,0001
PAT3PATIO COMM  1196.00 S.F.$12,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,704,800$500,000$2,204,800
2023$1,751,600$500,000$2,251,600
2022$1,751,600$500,000$2,251,600

Assessment
Valuation YearImprovementsLandTotal
2024$1,704,800$500,000$2,204,800
2023$1,751,600$500,000$2,251,600
2022$1,751,600$500,000$2,251,600

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