PORTSMOUTH,RI
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506 PARK AVE
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Location
506 PARK AVE
Mblu
21/ 14/ / /
Acct#
Owner
506 PARK AVE LLC
Total Market Value
$449,700
Appraisal
$449,700
PID
4328
Building Count
1
Current Value
Appraisal
Valuation Year
Improvements
Land
Total
2025
$287,300
$162,400
$449,700
Assessment
Valuation Year
Improvements
Land
Total
2025
$287,300
$162,400
$449,700
Owner of Record
Owner
506 PARK AVE LLC
Co-Owner
Address
PO BOX 412
PORTSMOUTH, RI 02871-0412
Sale Price
$450,000
Certificate
Book & Page
1934-139/0
Sale Date
10/31/2019
Instrument
1S
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
506 PARK AVE LLC
$450,000
1934-139/0
1S
10/31/2019
KWN LLC
$450,000
1853-151/0
1U
04/03/2018
RICHARD MICHAEL & ROBIN
$0
1683-180/0
00
01/16/2015
R AND M 506 LLC
$350,000
1683-176/0
1V
01/16/2015
VFC PROPERTIES 26 LLC
$275,000
1665-31/0
F
08/05/2014
Building Information
Building 1 : Section 1
Year Built:
1940
Living Area:
4,044
Replacement Cost:
$498,749
Building Percent Good:
55
Replacement Cost
Less Depreciation:
$274,300
Building Attributes
Field
Description
Style:
Restaurant
Model
Commercial
Grade
Average
Stories:
2
Occupancy
2.00
Exterior Wall 1
Wood Shingle
Exterior Wall 2
Wood on Sheath
Roof Structure
Gable/Hip
Roof Cover
Asph/F Gls/Cmp
Interior Wall 1
Plastered
Interior Wall 2
Wall Brd/Wood
Interior Floor 1
Carpet
Interior Floor 2
Pine/Soft Wood
Heating Fuel
Gas
Heating Type
Hot Water
AC Type
None
Struct Class
Bldg Use
COMBO PROP MDL-94
Total Rooms
Total Bedrms
00
Total Baths
0
FPL
FPO
1st Floor Use:
044C
Heat/AC
HEAT/AC PKGS
Frame Type
WOOD FRAME
Baths/Plumbing
AVERAGE
Ceiling/Wall
CEIL & WALLS
Rooms/Prtns
AVERAGE
Wall Height
10.00
% Comn Wall
0.00
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
3,284
3,284
APT
Apartment
760
760
FOP
Porch, Open, Finished
28
0
UBM
Basement, Unfinished
1,068
0
5,140
4,044
Extra Features
Extra Features
Code
Description
Size
Value
Bldg #
SPR1
SPRINKLERS-WET
3858.00 S.F.
$6,400
1
A/C
AIR COND
2000.00 S.F.
$6,600
1
Land
Land Use
Use Code
044C
Description
COMBO PROP MDL-94
Zone
C
Neighborhood
ISP
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
0.28
Frontage
70
Depth
0
Total Market Land
$162,400
Appraised Value
$162,400
Outbuildings
Outbuildings
No Data for Outbuildings
Valuation History
Appraisal
Valuation Year
Improvements
Land
Total
2024
$216,600
$147,600
$364,200
2023
$216,600
$147,600
$364,200
2022
$216,600
$147,600
$364,200
2022
$206,000
$141,000
$347,000
Assessment
Valuation Year
Improvements
Land
Total
2024
$216,600
$147,600
$364,200
2023
$216,600
$147,600
$364,200
2022
$216,600
$147,600
$364,200
2022
$206,000
$141,000
$347,000
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