5 KING ARTHUR DR
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Location
5 KING ARTHUR DR
Mblu
31.3/ 23/ / /
Acct#
007884
Owner
SHYAM-RAM LLC
Assessment
$2,004,730
Appraisal
$2,863,900
PID
6868
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$2,221,200$642,700$2,863,900
Assessment
Valuation YearImprovementsLandTotal
2021$1,554,840$449,890$2,004,730

Owner of Record
OwnerSHYAM-RAM LLC
Co-Owner
Address5 KING ARTHUR DR
NIANTIC, CT 06357
Sale Price$450,000
Certificate
Book & Page 0485/0302
Sale Date08/18/1999
Instrument24

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GROB DOROTHY M$0 0369/02070102/16/1994
GROB STEVEN D$100,000 0296/04040002/01/1990

Building Information
Building 1 : Section 1
Year Built: 2001
Living Area: 31,045
Replacement Cost: $2,945,098
Building Percent Good: 71
Replacement Cost
Less Depreciation:
$2,091,000
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAverage
Stories:3
Occupancy73.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelElectric
Heating TypeRadiant
AC TypeUnit/AC
Struct Class 
Bldg UseHOTELS M94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3000
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 21,320 20,254
BASFirst Floor 10,791 10,791
CANCanopy 646 0
FEPPorch, Enclosed, Finished 119 0
UBMBasement, Unfinished 10,791 0
USTUtility, Storage, Unfinished 204 0
   43,871 31,045

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MSC17ELEVATOR1.00 UNIT$45,4001
SPR1SPRINKLERS-WET33961.00 S.F.$24,1001

Land
Land Use
Use Code3000
DescriptionHOTELS M94  
ZoneCA
Neighborhood0030
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.27
Frontage0
Depth0
Assessed Value$449,890
Appraised Value$642,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  33500.00 S.F.$50,3001
SPL3GUNITE  360.00 S.F.$7,2001
LT1LIGHTS-IN W/PL  5.00 UNITS$2,5001
LT2W/DOUBLE LIGHT  1.00 UNITS$7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2022$2,221,200$642,700$2,863,900
2020$2,283,900$487,000$2,770,900
2019$2,283,900$487,000$2,770,900

Assessment
Valuation YearImprovementsLandTotal
2022$1,554,840$449,890$2,004,730
2020$1,598,730$340,900$1,939,630
2019$1,598,730$340,900$1,939,630

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