3 FAIRFIELD WAY
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Location
3 FAIRFIELD WAY
Map and Lot
50-4/ 22/ / /
Acct#
R-50-0605-49
Owner
SOUTHERN RHODE ISLAND
Total Market Value
$7,301,500
Appraisal
$7,301,500
PID
5046
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$5,632,600$1,668,900$7,301,500
Assessment
Valuation YearImprovementsLandTotal
2024$5,632,600$1,668,900$7,301,500

Owner of Record
OwnerSOUTHERN RHODE ISLAND
Co-OwnerHOSPITALITY LLC
Address3 FAIRFIELD WAY
WAKEFIELD, RI 02879
Sale Price$0
Certificate
Book & Page 1688/0303
Sale Date10/11/2018
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SOUTHERN RHODE ISLAND$0 1664/0299 01/25/2018
SUFFOLK REALTY LLC$010981/0777 07/08/2002
SUFFOLK REALTY LLC$0 0880/0338F06/20/2001
FROM ADMIN$0 0645/0155 11/21/1996

Building Information
Building 1 : Section 1
Year Built: 2018
Living Area: 61,022
Replacement Cost: $7,450,119
Building Percent Good: 72
Replacement Cost
Less Depreciation:
$5,364,100
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAverage
Stories:4
Occupancy100.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseLARGE BUS M-94
Total Rooms 
Total Bedrms 
Total Baths 
Design/AppealAverage
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 45,810 43,520
BASFirst Floor 17,502 17,502
CANCanopy 900 0
   64,212 61,022

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEVATOR4.00 STOPS$72,0001
SPR1SPRINKLERS-WET63136.00 S.F.$01

Land
Land Use
Use Code3333
DescriptionLARGE BUS M-94  
ZoneSMD
NeighborhoodSMD
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.34
Frontage
Depth
Total Market Land$1,668,900
Appraised Value$1,668,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SPL3GUNITE  600.00 S.F.$18,0001
PAT2PATIO-GOOD  2561.00 S.F.$15,4001
PAV1PAVING-ASPHALT  52059.00 S.F.$156,2001
LT1LIGHTS-IN W/PL  12.00 UNITS$6,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,632,600$1,668,900$7,301,500
2024$5,632,600$1,668,900$7,301,500
2024$5,632,600$1,668,900$7,301,500
2023$5,254,700$1,410,100$6,664,800

Assessment
Valuation YearImprovementsLandTotal
2025$5,632,600$1,668,900$7,301,500
2024$5,632,600$1,668,900$7,301,500
2024$5,632,600$1,668,900$7,301,500
2023$5,254,700$1,410,100$6,664,800

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