1037 AQUIDNECK AVE
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Location
1037 AQUIDNECK AVE
Map/Block/Lot/Unit
113/ / 202/ /
Acct#
199208018
Owner
FLM MIDDLETOWN REALTY LLC
Total Market Value
$2,557,500
Appraisal
$2,557,500
PID
2747
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$1,552,400$1,005,100$2,557,500
Assessment
Valuation YearImprovementsLandTotal
2023$1,552,400$1,005,100$2,557,500

Owner of Record
OwnerFLM MIDDLETOWN REALTY LLC
Co-Owner
Address300 METRO CENTER BLVD STE 100

WARWICK, RI 02886
Sale Price$0
Certificate
Book & Page 1697/144
Sale Date02/04/2021
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FLM MIDDLETOWN REALTY LLC$0 1697/1441B02/04/2021
NEWPORT REALTY INC$0 0172/0476UK06/29/1987
NEWPORT OIL CORP$0 0158/0267UK06/12/1985

Building Information
Building 1 : Section 1
Year Built: 1991
Living Area: 11,200
Replacement Cost: $1,528,302
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$1,528,300
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage
Stories:2.00
Occupancy3.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Pre-finsh Metl
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Ceram Clay Til
Interior Floor 2Carpet
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseLG BUSINES MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
CON1 
CON2 
1st Floor Use:3333
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
RSTRestaurant 6,400 6,400
FUSUpper Story, Finished 3,200 3,200
STGStorage 3,200 1,600
FEPPorch, Enclosed, Finished 85 0
FOPPorch, Open, Finished 1,565 0
   14,450 11,200

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAIR CONDITION3200.00 UNITS$8,0001

Land
Land Use
Use Code3333
DescriptionLG BUSINES MDL-94  
ZoneLBA
NeighborhoodAQ1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.83
Frontage0
Depth0
Total Market Land$1,005,100
Appraised Value$1,005,100

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT10000.00 S.F.$15,0001
LT1LIGHTS-IN W/PL1.00 UNITS$3001
SHD1SHED FRAME100.00 S.F.$8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$826,900$1,005,100$1,832,000
2024$826,900$1,005,100$1,832,000
2023$1,400,500$269,400$1,669,900

Assessment
Valuation YearImprovementsLandTotal
2025$826,900$1,005,100$1,832,000
2024$826,900$1,005,100$1,832,000
2023$1,400,500$269,400$1,669,900

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