55 SHERMAN LN
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Location
55 SHERMAN LN
Map/Block/Lot/Unit
107/ SW/ 53/ /
Acct#
201500516
Owner
SHERMAN LAND CO INC
Total Market Value
$243,400
Appraisal
$243,400
PID
1070
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$138,700$104,700$243,400
Assessment
Valuation YearImprovementsLandTotal
2023$138,700$104,700$243,400

Owner of Record
OwnerSHERMAN LAND CO INC
Co-Owner
Address50 UNDERWOOD LANE
MIDDLETOWN, RI 02842
Sale Price$225,000
Certificate
Book & Page 1427/0066
Sale Date05/22/2015
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SHERMAN LAND CO INC$225,000 1427/00660005/22/2015
MELLO JOHN R$106,000 0411/0244UK12/02/1996

Building Information
Building 1 : Section 1
Year Built: 1968
Living Area: 2,080
Replacement Cost: $203,467
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$136,300
Building Attributes
FieldDescription
Style:Service Shop
ModelSvc Gar/Gar
GradeAbove Ave
Stories:1.00
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseLG BUSINES MDL-95
Total Rooms 
Total Bedrms00
Total Baths0
CON1 
CON2 
1st Floor Use:333I
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
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 2,080 2,080
   2,080 2,080

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code333S
DescriptionLG BUSINES MDL-95  
ZoneLB
Neighborhood2500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.19
Frontage0
Depth0
Total Market Land$104,700
Appraised Value$104,700

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV2PAVING-CONC600.00 S.F.$1,1001
FN3FENCE-6' CHAIN130.00 L.F.$1,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$138,700$104,700$243,400
2024$138,700$104,700$243,400
2023$125,700$67,600$193,300

Assessment
Valuation YearImprovementsLandTotal
2025$138,700$104,700$243,400
2024$138,700$104,700$243,400
2023$125,700$67,600$193,300

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