1 RIVERPLACE
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Location
1 RIVERPLACE
Mblu
008/ / 082/A /
Owner
RIVERPLACE PROPERTIES LLC
Total Market Value
$37,520,400
PID
1386
Building Count
5
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$29,747,500$7,772,900$37,520,400

Owner of Record
OwnerRIVERPLACE PROPERTIES LLC
Co-OwnerC/O CHRIS DYER
Address215 FORESIDE RD
FALMOUTH, ME 04105
Sale Price$33,250,000
Certificate
Book & Page 34190/0144
Sale Date07/24/2017
InstrumentQC

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RIVERPLACE PROPERTIES LLC$33,250,000 34190/0144QC07/24/2017
RIVERPLACE DEVELOPMENT, LLC$1,000,000 17764/0112WD06/14/2002
FLC REALTY I CORPORATION$0 07809/0016 06/08/1987

Building Information
Building 1 : Section 1
Year Built: 2003
Living Area: 37,824
Replacement Cost: $7,199,590
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$6,047,700
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:4
Occupancy24.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms48
Total Baths42
1st Floor Use:1121
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 25,216 25,216
BASFirst Floor 12,608 12,608
UGRGarage, Under 12,608 0
   50,432 37,824
Building 2 : Section 1
Year Built: 2003
Living Area: 57,015
Replacement Cost: $9,810,115
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$8,240,500
Building Attributes : Bldg 2 of 5
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:4
Occupancy48.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms88
Total Baths72
1st Floor Use:1121
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 40,075 40,075
BASFirst Floor 16,940 16,940
   57,015 57,015
Building 3 : Section 1
Year Built: 2003
Living Area: 49,848
Replacement Cost: $8,596,248
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$7,220,800
Building Attributes : Bldg 3 of 5
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:4
Occupancy32.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms64
Total Baths60
1st Floor Use:1121
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 37,386 37,386
BASFirst Floor 12,462 12,462
   49,848 49,848
Building 4 : Section 1
Year Built: 2002
Living Area: 49,848
Replacement Cost: $8,596,248
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$7,048,900
Building Attributes : Bldg 4 of 5
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:4
Occupancy32.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms64
Total Baths60
1st Floor Use:1121
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 37,386 37,386
BASFirst Floor 12,462 12,462
   49,848 49,848
Building 5 : Section 1
Year Built: 2003
Living Area: 3,407
Replacement Cost: $516,140
Building Percent Good: 79
Replacement Cost
Less Depreciation:
$407,800
Building Attributes : Bldg 5 of 5
FieldDescription
Style:Health Club
ModelCommercial
GradeAverage +20
Stories:1
Occupancy0.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1121
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,407 3,407
CTHCathedral Ceiling 1,404 0
FOPPorch, Open, Finished 240 0
   5,051 3,407

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLER WET/49848.00 S.F.$55,7003
SPR2SPRINKLER WET/37824.00 S.F.$51,5001
SPR2SPRINKLER WET/49848.00 S.F.$66,2004
SPR2SPRINKLER WET/67760.00 S.F.$92,2002
ELV4ELEV 4 STOP1.00 UNITS$53,8004
ELV4ELEV 4 STOP1.00 UNITS$55,1001
ELV4ELEV 4 STOP1.00 UNITS$55,1002
ELV4ELEV 4 STOP1.00 UNITS$55,1003
SPR1SPRINKLER WET/3407.00 S.F.$3,6005
FPLFIREPLACE1.00 UNITS$2,4005

Land
Land Use
Use Code1121
DescriptionAPT OVER 8 MDL-94  
NeighborhoodZ
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)127.0000
Frontage0
Depth0
Total Market Land$7,772,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
TENTENNIS COURT  7200.00 S.F.$22,3005
SPL1POOL INGROUND  1064.00 S.F.$27,4005
FCPCARPORT  20180.00 S.F.$241,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$29,747,500$7,772,900$37,520,400
2025$29,745,000$7,230,900$36,975,900
2024$29,712,700$7,230,900$36,943,600

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