124 OAK ST
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Location
124 OAK ST
City, State, Zip
WESTERLY, RI 02891
Mblu
48/ 53/ / /
Acct#
01127015
Owner
ARNOLD IRR REALTY TRUST
Assessment
$1,650,700
Appraisal
$1,650,700
PID
3071
Building Count
3
Fire District
WFD
State Code
06
Sewer District
Y
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,160,000$490,700$1,650,700
Assessment
Valuation YearImprovementsLandTotal
2024$1,160,000$490,700$1,650,700

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerARNOLD IRR REALTY TRUST
Co-Owner
Address% GILSTEIN KINDER & LEVIN LLP
300 METRO CTR BLVD STE 150A
WARWICK, RI 02886
Sale Price$1,000,000
Certificate
Book & Page 2013/26634
Sale Date12/20/2013
Instrument

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARNOLD IRR REALTY TRUST$1,000,000 2013/26634 12/20/2013
HANLEY JEFFREY T &$487,500 1640/189A05/29/2007

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 7,702
Replacement Cost: $995,075
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$756,300
Building Attributes
FieldDescription
Style:Store
ModelInd/Comm
GradeGood
Stories:1.5
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Stone/Masonry
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Laminate
Interior Floor 2Inlaid Sht Gds
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseLRG BUSNES MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:333I
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
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
BASFirst Floor 4,172 4,172
FUSUpper Story, Finished 1,774 1,774
FHSHalf Story, Finished 3,512 1,756
FEPPorch, Enclosed 144 0
FOPPorch, Open 380 0
PTOPatio 1,472 0
UBMBasement, Unfinished 612 0
   12,066 7,702
Building 2 : Section 1
Year Built: 1986
Living Area: 5,280
Replacement Cost: $258,889
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$160,500
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Concr/Cinder
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelCoal or Wood
Heating TypeNone
AC TypeNone
Struct Class 
Bldg UseLRG BUSNES MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:333I
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsABOVE AVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,520 3,520
SPAService Production Area 1,760 1,760
   5,280 5,280
Building 3 : Section 1
Year Built: 1986
Living Area: 11,200
Replacement Cost: $454,583
Building Percent Good: 42
Replacement Cost
Less Depreciation:
$190,900
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Minimum
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelCoal or Wood
Heating TypeNone
AC TypeNone
Struct Class 
Bldg UseLRG BUSNES MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:333I
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 11,200 11,200
FOPPorch, Open 2,240 0
   13,440 11,200

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
MSC56HEAT  1760.00 UNIT$1,6002
MEZ1MEZZANINE-UNF  760.00 S.F.$2,6003
OHD2OVERHEAD DOOR LG  2.00 UNITS$2,5002
MEZ1MEZZANINE-UNF  2800.00 S.F.$9,4003
MSC56HEAT  400.00 UNIT$3003

Land
Land Use
Use Code333I
DescriptionLRG BUSNES MDL-96  
ZoneGI
NeighborhoodC060
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.3
Frontage0
Depth0
Assessed Value$490,700
Appraised Value$490,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FN3FENCE-6' CHAIN  810.00 L.F.$21,1001
SHD5SHED, CM WD  28.00 S.F.$3001
SHD5SHED, CM WD  96.00 S.F.$9001
PAV2PAVING-CONC  140.00 S.F.$1001
PAV1PAVING-ASPHALT  30000.00 S.F.$13,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$1,077,500$447,500$1,525,000
2021$1,077,500$447,500$1,525,000
2020$905,500$437,100$1,342,600

Assessment
Valuation YearImprovementsLandTotal
2023$1,077,500$447,500$1,525,000
2021$1,077,500$447,500$1,525,000
2020$905,500$437,100$1,342,600

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