721 RESERVOIR AVENUE
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Location
721 RESERVOIR AVENUE
Plat Sec Lot Condo
9/5 / 3092/ /
Acct#
07172268
Owner
GREP RESERVOIR LLC
Assessment
$608,800
Appraisal
$608,800
PID
16193
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$552,700$56,100$608,800
Assessment
Valuation YearImprovementsLandTotal
2023$552,700$56,100$608,800

Owner of Record
OwnerGREP RESERVOIR LLC
Co-Owner
Address333 MAIN ST SUITE 201

E GREENWICH, RI 02818-3691
Sale Price$1,500,000
Certificate
Book & Page 6639/0012
Sale Date04/24/2023
InstrumentMP

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GREP RESERVOIR LLC$1,500,000 6639/0012MP04/24/2023
JMEC REALTY ASSOCIATES LLC$0 0919/0555 12/28/1995
CHRISTY JOHN B III$0 0919/0554 12/28/1995
CHRISTY JOHN B$0  /0  

Building Information
Building 1 : Section 1
Year Built: 1931
Living Area: 9,630
Replacement Cost: $1,128,092
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$507,600
Building Attributes
FieldDescription
Style:Prof Office
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Minim/Masonry
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseLRG BUS MDL94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3333
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CLNG & WL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,300 6,300
SFBSemi-Finished Area-Not Res 3,700 3,330
UBMBasement, Unfinished 900 0
   10,900 9,630

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET10000.00 S.F.$4,5001
MEZ1MEZZANINE-UNF336.00 S.F.$3,0001

Land
Land Use
Use Code3333
DescriptionLRG BUS MDL94  
ZoneC4
NeighborhoodK
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)4000
Frontage0
Depth0
Assessed Value$56,100
Appraised Value$56,100

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT22000.00 S.F.$33,0001
FN3FENCE-6' CHAIN160.00 L.F.$1,0001
SGN2DOUBLE SIDED68.00 S.F.&HGT$2,2001
LT4W/FOUR LIGHTS1.00 UNITS$1,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$552,700$56,100$608,800
2022$778,200$48,100$826,300
2021$778,200$48,100$826,300
2020$625,000$42,300$667,300
2019$625,000$42,300$667,300

Assessment
Valuation YearImprovementsLandTotal
2023$552,700$56,100$608,800
2022$778,200$48,100$826,300
2021$778,200$48,100$826,300
2020$625,000$42,300$667,300
2019$625,000$42,300$667,300

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