555 RESERVOIR AVENUE
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Location
555 RESERVOIR AVENUE
Plat Sec Lot Condo
6/4 / 788/ /
Acct#
03329823
Owner
GERARD R CAYER TRUSTEE
Assessment
$1,579,700
Appraisal
$1,579,700
PID
7569
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$1,128,900$450,800$1,579,700
Assessment
Valuation YearImprovementsLandTotal
2023$1,128,900$450,800$1,579,700

Owner of Record
OwnerGERARD R CAYER TRUSTEE
Co-Owner
AddressPO BOX 36

HOPE, RI 02831-0036
Sale Price$0
Certificate
Book & Page 0000/0000
Sale Date09/30/2024

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
GERARD R CAYER TRUSTEE$0 0000/000009/30/2024
GERARD R CAYER TRUSTEE$0 0000/000009/30/2024
CAYER GERARD R & ELIZABETH R DERMUKSIAN TRUSTEES$0 0000/000005/01/2023
CAYER GERARD R ETAL TRUSTEES$0 6639/032704/26/2023
GERARD R CAYER SIMON V & ELIZABETH R DER$0 4963/025310/01/2014

Building Information
Building 1 : Section 1
Year Built: 1974
Living Area: 5,658
Replacement Cost: $1,340,760
Building Percent Good: 75
Replacement Cost
Less Depreciation:
$1,005,600
Building Attributes
FieldDescription
Style:Bank
ModelCommercial
GradeAbove Ave
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
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 Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,114 4,114
FBMBasement, Finished 2,058 1,544
FCPCarport 1,388 0
FOPPorch, Open, Frame 286 0
UBMBasement, Unfinished 2,056 0
   9,902 5,658

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
NDPNITE DEPOSIT1.00 UNITS$5,6001
VLT3VAULT-EXCELLNT138.00 S.F.$15,5001
VLT3VAULT-EXCELLNT138.00 S.F.$15,5001
DUW4W/REM SCR&TUBE2.00 UNITS$52,5001
DUW1DRIVE-UP WINDW2.00 UNITS$11,3001

Land
Land Use
Use Code3333
DescriptionLRG BUS MDL94  
ZoneC4
NeighborhoodK
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)32000
Frontage0
Depth0
Assessed Value$450,800
Appraised Value$450,800

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT13900.00 S.F.$20,9001
LT1LIGHTS-IN W/PL3.00 UNITS$1,2001
LT2W/DOUBLE LIGHT1.00 UNITS$6001
FN3FENCE-6' CHAIN32.00 L.F.$2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$1,128,900$450,800$1,579,700
2022$1,090,400$386,400$1,476,800
2021$1,090,400$386,400$1,476,800
2020$975,700$340,000$1,315,700
2019$975,700$340,000$1,315,700

Assessment
Valuation YearImprovementsLandTotal
2023$1,128,900$450,800$1,579,700
2022$1,090,400$386,400$1,476,800
2021$1,090,400$386,400$1,476,800
2020$975,700$340,000$1,315,700
2019$975,700$340,000$1,315,700

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