7 DERRY PARK DR
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Location
7 DERRY PARK DR
Mblu
057/ / 666/ /
Acct#
057-666
Owner
RIVER PARK LANDINGS LLC
Assessment
$13,390,900
Appraisal
$13,390,900
PID
7324
Building Count
8
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$10,607,900$2,783,000$13,390,900
Assessment
Valuation YearImprovementsLandTotal
2026$10,607,900$2,783,000$13,390,900

Owner of Record
OwnerRIVER PARK LANDINGS LLC
Co-Owner
Address543 THAMES ST
NEWPORT, RI 02840
Sale Price$16,000,000
Certificate
Book & Page 58152/0288
Sale Date08/02/2023
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RIVER PARK LANDINGS LLC$16,000,000 58152/02880008/02/2023
TALBOT DHC, LLC ETAL$2,650,830 57831/02381J04/18/2023
TALBOT DHC, LLC ETAL$4,800,000 57724/03161J03/07/2023
TALBOT DHC LLC$10,050,000 38816/01381B08/06/2010
AIMCO TALBOT WOODS LLC$10,000,000 29088/02641B09/20/2004

Building Information
Building 1 : Section 1
Year Built: 1974
Living Area: 21,195
Replacement Cost: $3,061,880
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$2,265,800
Building Attributes
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy24.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms34
Total Baths24
1st Floor Use:1120
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 15,700 14,915
FRBFin Raised Bsmt 7,850 6,280
FEPPorch, Enclosed 320 0
   23,870 21,195
Building 2 : Section 1
Year Built: 1969
Living Area: 11,847
Replacement Cost: $1,774,562
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$1,313,200
Building Attributes : Bldg 2 of 8
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy12.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms22
Total Baths12
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 8,776 8,337
FRBFin Raised Bsmt 4,388 3,510
   13,164 11,847
Building 3 : Section 1
Year Built: 1969
Living Area: 11,691
Replacement Cost: $1,753,182
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$1,297,400
Building Attributes : Bldg 3 of 8
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy13.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms22
Total Baths13
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 8,660 8,227
FRBFin Raised Bsmt 4,330 3,464
   12,990 11,691
Building 4 : Section 1
Year Built: 1971
Living Area: 22,043
Replacement Cost: $3,172,834
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$2,347,900
Building Attributes : Bldg 4 of 8
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy24.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms34
Total Baths24
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 16,328 15,512
FRBFin Raised Bsmt 8,164 6,531
FEPPorch, Enclosed 280 0
   24,772 22,043
Building 5 : Section 1
Year Built: 1974
Living Area: 21,195
Replacement Cost: $3,061,163
Building Percent Good: 25
Replacement Cost
Less Depreciation:
$765,300
Building Attributes : Bldg 5 of 8
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy24.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms34
Total Baths24
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 15,700 14,915
FRBFin Raised Bsmt 7,850 6,280
FEPPorch, Enclosed 310 0
   23,860 21,195
Building 6 : Section 1
Year Built: 1971
Living Area: 21,060
Replacement Cost: $3,049,109
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$2,256,300
Building Attributes : Bldg 6 of 8
FieldDescription
Style:Apts Class 112
ModelCommercial
GradeAverage
Stories:2
Occupancy24.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms34
Total Baths24
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 15,600 14,820
FRBFin Raised Bsmt 7,800 6,240
FEPPorch, Enclosed 400 0
   23,800 21,060
Building 7 : Section 1
Year Built: 1955
Living Area: 1,402
Replacement Cost: $216,481
Building Percent Good: 25
Replacement Cost
Less Depreciation:
$54,100
Building Attributes : Bldg 7 of 8
FieldDescription
Style:Office Bldg
ModelCommercial
GradeLow Cost
Stories:1
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms0
Total Baths1
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,402 1,402
FGRGarage 280 0
PTOPatio 100 0
UBMBasement, Unfinished 888 0
USTUtility, Storage, Unfinished 30 0
   2,700 1,402
Building 8 : Section 1
Year Built: 1970
Living Area: 1,073
Replacement Cost: $208,828
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$154,500
Building Attributes : Bldg 8 of 8
FieldDescription
Style:Clubs/Lodges
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-Fab Wood
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Plywood Panel
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8
Total Rooms 
Total Bedrms0
Total Baths2
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 650 650
LLFLower Level Finished 650 423
PTOPatio 231 0
STPStoop 406 0
   1,937 1,073

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionAPT OVER 8  
Land Line Valuation
Size (Acres)7.41
Assessed Value$2,783,000
Appraised Value$2,783,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
SPL3GUNITE  1250.00 S.F.$31,300$31,3008
PAV1PAVING-ASPHALT  79300.00 S.F.$119,000$119,0007
SHD1SHED FRAME  96.00 S.F.$800$8001
LT1LIGHTS-IN W/PL  6.00 UNITS$2,300$2,3007
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$10,607,900$2,783,000$13,390,900
2025$12,203,200$2,783,000$14,986,200
2024$10,312,500$2,420,000$12,732,500

Assessment
Valuation YearImprovementsLandTotal
2026$10,607,900$2,783,000$13,390,900
2025$12,203,200$2,783,000$14,986,200
2024$10,312,500$2,420,000$12,732,500

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