550 PROVIDENCE HWY
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Location
550 PROVIDENCE HWY
Mblu
108/ 3/ / /
Acct#
Owner
R K ASSOCIATES INC
Total Market Value
$3,168,400
PID
3491
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,524,400$1,644,000$3,168,400

Owner of Record
OwnerR K ASSOCIATES INC
Co-OwnerC/O RK CENTERS
Address50 CABOT ST STE 200
NEEDHAM, MA 02494
Sale Price$410,000
Certificate
Book & Page 9449/0112
Sale Date08/04/1992
Instrument1I

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
R K ASSOCIATES INC$410,000 9449/01121I08/04/1992
COLEX REALTY TRUST$800,000 8916/06310011/12/1991
KOENIG SETEVEN B ETAL$1,500,000 06880/06771V12/06/1985
EASTERN DRUG CO$0 03544/0557  

Building Information
Building 1 : Section 1
Year Built: 1995
Living Area: 14,112
Replacement Cost: $2,075,005
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$1,411,000
Building Attributes
FieldDescription
Style:Store
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT&G/Rub Mem
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseDEPT STORE MDL-94
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:3250
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,112 14,112
CANCanopy 308 0
CLPLoading Platform, Finished 224 0
FSTUtility, Finished 1,168 0
   15,812 14,112

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED15812.00 S.F.$47,8001

Land
Land Use
Use Code3220
DescriptionDEPT STORE MDL-94  
ZoneLM
Neighborhood2000
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)48352
Frontage0
Depth0
Total Market Land$1,644,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  24000.00 S.F.$42,0001
LT11W/TRIPLE LIGHT  2.00 UNITS$2,9001
SGN3W/INT LIGHTS  160.00 S.F.&HGT$11,0001
SGN3W/INT LIGHTS  22.00 S.F.&HGT$1,5001
SGN1SIGN-1 SD W/M  350.00 S.F.&HGT$8,2001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,524,400$1,644,000$3,168,400
2025$2,013,800$1,600,900$3,614,700
2024$1,905,700$1,527,000$3,432,700

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