42 WATER STREET
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Location
42 WATER STREET
Mblu
07/ / 023/ /
Acct#
021780
Owner
BALLARDS INN REALTY LLC
Total Market Value
$6,646,000
Appraisal
$6,646,000
PID
757
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$3,073,100$3,572,900$6,646,000
Assessment
Valuation YearImprovementsLandTotal
2025$3,073,100$3,572,900$6,646,000

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerBALLARDS INN REALTY LLC
Co-Owner
Address10 PRESIDENTIAL WAY
LINCOLN, RI 02865
Sale Price$0
Certificate
Book & Page 0482/0071
Sale Date11/06/2014

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
BALLARDS INN REALTY LLC$0 0482/007111/06/2014
BALLARDS INN REALTY LLC$0 0361/030908/04/2006
FILIPPI, PAUL A EST$0 0091/017012/01/1987

Building Information
Building 1 : Section 1
Year Built: 1986
Living Area: 20,026
Replacement Cost: $4,336,545
Building Percent Good: 69
Replacement Cost
Less Depreciation:
$2,992,200
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeGood
Stories:2 Stories
Occupancy7.00
Ext Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2Wall Brd/Wood
Interior Floor 1Ceram Clay Til
Interior Floor 2Carpet
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseLG BUS MDL 96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsABOVE AVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 15,965 15,965
FUSUpper Story, Finished 4,061 4,061
CTHCathedral Ceiling 8,856 0
FOPPorch, Open, Finished 1,589 0
FSTUtility, Finished 266 0
PTOPatio 56 0
ULPLoading Platform, Unfinished 112 0
   30,905 20,026

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED19902.00 S.F.$22,7001
MEZ2FINISHED420.00 S.F.$6,4001

Land
Land Use
Use Code333C
DescriptionLG BUS MDL 94  
ZoneOHC
Neighborhood7000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.1
Frontage
Depth
Total Market Land$3,572,900
Appraised Value$3,572,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAT2PATIO-GOOD  2900.00 S.F.$36,5001
GAZ2GAZEBO-AVG  54.00 S.F.$1,3001
PAT1PATIO-AVG  2000.00 S.F.$14,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$2,836,300$3,250,200$6,086,500
2023$2,398,800$3,250,200$5,649,000
2022$2,398,800$3,250,200$5,649,000

Assessment
Valuation YearImprovementsLandTotal
2024$2,836,300$3,250,200$6,086,500
2023$2,398,800$3,250,200$5,649,000
2022$2,398,800$3,250,200$5,649,000

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