407 LAFAYETTE RD
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Location
407 LAFAYETTE RD
Mblu
160/ 28/ / /
Acct#
3250
Owner
CHIMERA REALTY TRUST
Municipality
Total Market Value
$1,091,000
Appraisal
$1,091,000
PID
3250
Building Count
1
Wetlands Permit
Lot Type
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$657,300$433,700$1,091,000
Assessment
Valuation YearImprovementsLandTotal
2024$657,300$433,700$1,091,000

Owner of Record
OwnerCHIMERA REALTY TRUST
Co-OwnerSHEILA & RAYMOND BUTTARO TTEES
Address175 SANBORN RD
READING, MA 01867
Sale Price$40
Certificate
Book & Page 3226/2983
Sale Date07/21/1997
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHIMERA REALTY TRUST$40 3226/29830007/21/1997
BUTTARO, RAYMOND A.$0 2477/0764 01/25/1984
BUTTARO, RAYMOND A./SHEILA A.$0 2477/0764 01/25/1984

Building Information
Building 1 : Section 1
Year Built: 1900
Living Area: 5,142
Replacement Cost: $840,877
Building Percent Good: 75
Replacement Cost
Less Depreciation:
$630,700
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:3
Occupancy8.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Plastered
Interior Wall 2Drywall/Sheet
Interior Floor 1Hardwood
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Use:APT OVER 8 MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 3,087 3,087
BASFirst Floor 2,055 2,055
FOPPorch, Open, Framed 202 0
UBMBasement, Unfinished 1,703 0
WDKDeck, Wood 110 0
   7,157 5,142

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code111J
DescriptionAPT 8+UP MDL-94  
ZoneTC-H
NeighborhoodLAF1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.42
Frontage0
Depth0
Total Market Land$433,700
Appraised Value$433,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR5W/LOFT GOOD  625.00 S.F.$26,4001
WDKWOOD DECK  24.00 S.F.$2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$657,300$433,700$1,091,000
2024$657,300$433,700$1,091,000

Assessment
Valuation YearImprovementsLandTotal
2025$657,300$433,700$1,091,000
2024$657,300$433,700$1,091,000

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