614 SOUTHBRIDGE ST
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Location
614 SOUTHBRIDGE ST
Mblu
55/ 19/ / /
Acct#
0005033
Owner
LM-2 LLC
PBN
Assessment
$3,439,500
Appraisal
$3,439,500
PID
5033
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$286,800$3,152,700$3,439,500
Assessment
Valuation YearImprovementsLandTotal
2026$286,800$3,152,700$3,439,500

Owner of Record
OwnerLM-2 LLC
Co-OwnerC/O LANGWAY TOYOTA OF NEWPORT
Address285 EAST MAIN RD
MIDDLETOWN, RI 02842
Sale Price$3,500,000
Certificate
Book & Page 52602/0024
Sale Date07/28/2014
Instrument00

Building Information
Building 1 : Section 1
Year Built: 1962
Living Area: 6,509
Replacement Cost: $1,103,145
Building Percent Good: 26
Replacement Cost
Less Depreciation:
$286,800
Building Attributes
FieldDescription
Style:Branch Bank
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
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 2Vinyl/Asphalt
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseBANK BLDG
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
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 6,509 6,509
   6,509 6,509

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3410
DescriptionBANK BLDG  
ZoneHB
Neighborhood300
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)16.74
Frontage0
Depth0
Assessed Value$3,152,700
Appraised Value$3,152,700
lbllndfront

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$286,800$3,152,700$3,439,500
2025$339,100$3,152,700$3,491,800
2024$366,300$3,132,800$3,499,100

Assessment
Valuation YearImprovementsLandTotal
2026$286,800$3,152,700$3,439,500
2025$339,100$3,152,700$3,491,800
2024$366,300$3,132,800$3,499,100

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