331 PROSPECT ST
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Location
331 PROSPECT ST
Mblu
35/ / 0276/ /
Acct#
350276
Owner
BLACKSTONE VALLEY PORTFOLIO FUND I LLC
Total Market Value
$5,094,200
Appraisal
$5,094,200
PID
10548
Building Count
2
% Res
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$4,472,500$621,700$5,094,200
Assessment
Valuation YearImprovementsLandTotal
2023$4,472,500$621,700$5,094,200

Owner of Record
OwnerBLACKSTONE VALLEY PORTFOLIO FUND I LLC
Lot TypeC/O LEASING OFFICE
Address941 DYER AVE
CRANSTON, RI 02920
Sale Price$2,700,000
Certificate
Book & Page 3548/0263
Sale Date12/14/2012
Instrument27

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
BLACKSTONE VALLEY PORTFOLIO FUND I LLC$2,700,000 3548/02632712/14/2012
R S REALTY CO$0 0000/0000  

Building Information
Building 1 : Section 1
Year Built: 1960
Living Area: 30,348
Replacement Cost: $5,645,076
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$2,540,300
Building Attributes
FieldDescription
Style:Apartments >15 Unts
ModelComm/Ind
Grade:Ave/Gd
Stories:2
Occupancy:33.00
Exterior Wall 1:Brick
Exterior Wall 2:Vinyl/Aluminum
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1:Carpet
Interior Floor 2:Linoleum
Heating Fuel:Oil
Heating Type:Forced Air
AC Type:Unit/Ac
Bldg Use:COMM APTS
Ttl Rooms: 
Ttl Bedrms:49
Ttl Baths:33
Ttl Half Baths: 
Ttl Xtra Fix: 
1st Floor Use: 
Heat/AC:None
Frame Type:Wood Frame
Baths/Plumbing:Average
Ceiling/Wall:Ceil & Walls
Rooms/Prtns:Average
Wall Height:9.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 10,879 10,879
BASFirst Floor 10,816 10,816
FLLFIN LOWER LVL 10,816 8,653
FOPOpen Porch 891 0
   33,402 30,348
Building 2 : Section 1
Year Built: 1960
Living Area: 21,602
Replacement Cost: $4,080,791
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$1,836,400
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Apartments >15 Unts
ModelComm/Ind
Grade:Ave/Gd
Stories:2
Occupancy:22.00
Exterior Wall 1:Brick
Exterior Wall 2:Vinyl/Aluminum
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1:Carpet
Interior Floor 2:Linoleum
Heating Fuel:Oil
Heating Type:Forced Air
AC Type:Unit/Ac
Bldg Use:COMM APTS
Ttl Rooms: 
Ttl Bedrms:38
Ttl Baths:22
Ttl Half Baths: 
Ttl Xtra Fix: 
1st Floor Use: 
Heat/AC:None
Frame Type:Wood Frame
Baths/Plumbing:Average
Ceiling/Wall:Ceil & Walls
Rooms/Prtns:Average
Wall Height:9.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 7,742 7,742
BASFirst Floor 7,700 7,700
FLLFIN LOWER LVL 7,700 6,160
FOPOpen Porch 594 0
   23,736 21,602

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code814
DescriptionCOMM APTS  
ZoneRM
NeighborhoodAPT5
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)119790
Frontage
Depth
Total Market Land$621,700
Appraised Value$621,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph  40000.00 SF$40,0001
LTLight1Single20.00 UNITS$55,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,472,500$621,700$5,094,200
2024$4,472,500$621,700$5,094,200
2023$4,472,500$621,700$5,094,200

Assessment
Valuation YearImprovementsLandTotal
2025$4,472,500$621,700$5,094,200
2024$4,472,500$621,700$5,094,200
2023$4,472,500$621,700$5,094,200

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