3 STEP LN
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Location
3 STEP LN
Mblu
4242/ / 44/ /
Acct#
00010425
Owner
3 STEP LANE LLC
Assessment
$5,754,200
PID
10425
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$3,551,500$2,202,700$5,754,200

Owner of Record
Owner3 STEP LANE LLC
Co-Owner
Address1140 RESERVOIR AVE
CRANSTON, RI 02920
Sale Price$4,148,004
Certificate
Book & Page 1685/024
Sale Date03/07/2019
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
3 STEP LANE LLC$4,148,004 1685/0241U03/07/2019
VERANDA HOUSE LLC$3,040,000 1017/1680004/14/2006
VERANDA HOUSE LLC$0 0791/3099912/13/2002
DEVINE THOMAS J & JOSEPHINE B$1 0356/0899912/11/1990

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 9,221
Replacement Cost: $3,400,897
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$3,400,900
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeExcellent
Stories:3
Occupancy19.00
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Pine/Soft Wood
Interior Floor 2 
Heating FuelElectric
Heating TypeHot Air-no Duc
AC TypeHeat Pump
Struct Class 
Use:HOTELS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 4,918 4,918
BASFirst Floor 2,459 2,459
SFBBase, Semi-Finished 2,459 1,844
FOPPorch, Open, Finished 286 0
WDKDeck, Wood 1,955 0
   12,077 9,221

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVELEVATOR1.00 UNITS$50,0001
SPR1SPRINKLERS-WET9816.00 S.F.$93,3001

Land
Land Use
Use Code0300
DescriptionHOTELS  
ZoneROH
NeighborhoodBB3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.19
Frontage0
Depth0
Assessed Value$2,202,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAT1PATIO-AVG  624.00 S.F.$7,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$3,551,500$2,202,700$5,754,200
2025$1,543,700$2,001,700$3,545,400
2024$0$1,906,500$1,906,500
2023$2,497,600$1,733,200$4,230,800
2022$2,497,600$1,575,600$4,073,200

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