126 FRANKLIN ST
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Location
126 FRANKLIN ST
City, State, Zip
WESTERLY, RI 02891
Mblu
98/ 90/ / /
Acct#
23025205
Owner
WESTERLY ASSOCIATES LLC
Assessment
$3,367,100
Appraisal
$3,367,100
PID
6804
Building Count
1
Fire District
WFD
State Code
06
Sewer District
Y
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$2,111,700$1,255,400$3,367,100
Assessment
Valuation YearImprovementsLandTotal
2024$2,111,700$1,255,400$3,367,100

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerWESTERLY ASSOCIATES LLC
Co-Owner
AddressC/O FIGURE EIGHT PROPERTIES
433 SOUTH MAIN ST STE 112
WEST HARTFORD, CT 06110
Sale Price$2,812,500
Certificate
Book & Page 2025/3620
Sale Date03/26/2025
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
WESTERLY ASSOCIATES LLC$2,812,500 2025/36201N03/26/2025
WASHINGTON TRUST CO (THE)$0 208/253 06/02/1980

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 8,096
Replacement Cost: $2,839,580
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$1,930,900
Building Attributes
FieldDescription
Style:Branch Bank
ModelComm/Ind
GradeExcellent
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseLRG BUSNES MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3333
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
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
BASFirst Floor 3,724 3,724
FUSUpper Story, Finished 3,724 3,724
SFBSuperior finish bsmt 864 648
FBMBasement, Finished 2,820 0
FOPPorch, Open 362 0
   11,494 8,096

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
NDPNITE DEPOSIT  1.00 UNITS$4,1001
VLT2VAULT-GOOD  144.00 S.F.$11,3001
VLT2VAULT-GOOD  160.00 S.F.$12,5001
ELEVELEVATOR  3.00 STOPS$40,8001

Land
Land Use
Use Code3333
DescriptionLRG BUSNES MDL-94  
ZoneHC
NeighborhoodC095
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)4.72
Frontage210
Depth0
Assessed Value$1,255,400
Appraised Value$1,255,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$18,9001
LT1LIGHTS-IN W/PL  8.00 UNITS$3,9001
CNP2CANOPY, GAS  950.00 S.F.$87,2001
LT5MERC VAP/FLU  3.00 UNITS$2,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$1,890,300$1,140,700$3,031,000
2021$1,890,300$1,140,700$3,031,000
2020$1,850,300$1,103,400$2,953,700

Assessment
Valuation YearImprovementsLandTotal
2023$1,890,300$1,140,700$3,031,000
2021$1,890,300$1,140,700$3,031,000
2020$1,850,300$1,103,400$2,953,700

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