1047 PARK AVENUE
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Location
1047 PARK AVENUE
Plat Sec Lot Condo
6/3 / 2165/ /
Acct#
02257760
Owner
BANK RHODE ISLAND
Assessment
$1,759,700
Appraisal
$1,759,700
PID
8474
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$1,538,700$221,000$1,759,700
Assessment
Valuation YearImprovementsLandTotal
2023$1,538,700$221,000$1,759,700

Owner of Record
OwnerBANK RHODE ISLAND
Co-Owner
AddressONE TURKS HEAD PLACE
PROVIDENCE, RI 02903
Sale Price$270,000
Certificate
Book & Page 0928/0456
Sale Date03/25/1996

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
BANK RHODE ISLAND$270,000 0928/045603/25/1996
SHAWMUT BANK CONNECTICUT$285,000 00867/078106/10/1994
NORTHEAST SAVINGS F A$0  /0 

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 6,859
Replacement Cost: $1,584,346
Building Percent Good: 87
Replacement Cost
Less Depreciation:
$1,378,400
Building Attributes
FieldDescription
Style:Bank
ModelCommercial
GradeAve/Good
Stories:1
Occupancy1.00
Exterior Wall 1Stucco/Masonry
Exterior Wall 2Glass/Thermo.
Roof StructureIrregular
Roof CoverMetal/Tin
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseLRG BUS MDL94
Total Rooms16
Total Bedrms00
Total Baths5
1st Floor Use:3333
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,061 3,061
FBMBasement, Finished 3,061 2,296
FUSUpper Story, Finished 1,502 1,502
CANCanopy 40 0
   7,664 6,859

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
VLT1VAULT-AVG180.00 S.F.$15,7001
DUW3W/PNEU TUBE1.00 UNITS$17,4001
NDPNITE DEPOSIT1.00 UNITS$6,5001
ATM1AUTOMATC TELLR2.00 UNITS$69,6001

Land
Land Use
Use Code3333
DescriptionLRG BUS MDL94  
ZoneC4
NeighborhoodN
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)24572
Frontage0
Depth0
Assessed Value$221,000
Appraised Value$221,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT20000.00 S.F.$30,0001
LT1LIGHTS-IN W/PL2.00 UNITS$8001
CNP2GOOD QUALITY432.00 S.F.$20,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$1,538,700$221,000$1,759,700
2022$1,297,400$190,000$1,487,400
2021$1,297,400$190,000$1,487,400
2020$1,177,300$172,700$1,350,000
2019$1,177,300$172,700$1,350,000

Assessment
Valuation YearImprovementsLandTotal
2023$1,538,700$221,000$1,759,700
2022$1,297,400$190,000$1,487,400
2021$1,297,400$190,000$1,487,400
2020$1,177,300$172,700$1,350,000
2019$1,177,300$172,700$1,350,000

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