940 GRACE COVE ROAD
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Location
940 GRACE COVE ROAD
Mblu
15/ / 108/ /
Acct#
201924
Owner
THEVE FAMILY REAL ESTATE TRUST
Assessment
$1,938,000
Appraisal
$1,938,000
PID
1765
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$955,400$982,600$1,938,000
Assessment
Valuation YearImprovementsLandTotal
2022$955,400$982,600$1,938,000

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerTHEVE FAMILY REAL ESTATE TRUST
Co-Owner
Address17 1/2 CHERRY ST
NEWPORT, RI 02840
Sale Price$0
Certificate
Book & Page 560/39
Sale Date01/04/2022
Instrument1A

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
THEVE FAMILY REAL ESTATE TRUST$0 560/391A01/04/2022
THEVE FAMILY LLC$0 0250/03171N05/16/2001

Building Information
Building 1 : Section 1
Year Built: 2020
Living Area: 1,728
Replacement Cost: $766,733
Building Percent Good: 97
Replacement Cost
Less Depreciation:
$743,700
Building Attributes
FieldDescription
Style:Conventional
ModelResidential
Grade:Average +
Stories:2 Stories
Occupancy 
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Hardwood
Interior Flr 2 
Heat FuelGas
Heat Type:Forced Air-Duc
AC Type:Central
Total Bedrooms:3 Bedrooms
Total Bthrms:3
Total Half Baths:1
Num Xtra Fix 
Total Rooms:5 Rooms
Bath Style:Average
Kitchen Style:Average
Num Kitchens 
Cndtn 
Num Park 
Fireplaces 
Fndtn Cndtn 
Basement 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 864 864
FUSUpper Story, Finished 864 864
FOPPorch, Open, Finished 468 0
URBBasement, Unfinished, Raised 864 0
   3,060 1,728
Building 2 : Section 1
Year Built: 2004
Living Area: 224
Replacement Cost: $261,310
Building Percent Good: 81
Replacement Cost
Less Depreciation:
$211,700
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Bungalow
ModelResidential
Grade:Average
Stories:1 1/4 Stories
Occupancy1
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Pine/Soft Wood
Interior Flr 2 
Heat FuelNone
Heat Type:None
AC Type:None
Total Bedrooms:1 Bedroom
Total Bthrms:1
Total Half Baths:0
Num Xtra Fix 
Total Rooms:2 Rooms
Bath Style:Average
Kitchen Style: 
Num Kitchens 
Cndtn 
Num Park 
Fireplaces 
Fndtn Cndtn 
Basement 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 224 224
FOPPorch, Open, Finished 96 0
PTOPatio 174 0
UBMBasement, Unfinished 192 0
   686 224

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1090
DescriptionMulti HSE MDL-01  
ZoneRA
Neighborhood0500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.86
Frontage
Depth
Assessed Value$982,600
Appraised Value$982,600

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$955,400$982,600$1,938,000
2022$955,400$982,600$1,938,000
2021$405,800$872,900$1,278,700

Assessment
Valuation YearImprovementsLandTotal
2023$955,400$982,600$1,938,000
2022$955,400$982,600$1,938,000
2021$405,800$872,900$1,278,700

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