87 HANOVER ST
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Location
87 HANOVER ST
Mblu
91/ 211/ / /
Acct#
2726
Owner
AREC 7 LLC
PBN
Total Market Value
$1,648,015
Appraisal
$1,648,015
PID
1903
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,089,000$559,015$1,648,015
Assessment
Valuation YearImprovementsLandTotal
2025$1,089,000$559,015$1,648,015

Owner of Record
OwnerAREC 7 LLC
Co-Owner
AddressPO BOX 29046
PHOENIX, AZ 85038
Sale Price$1,670,000
Certificate
Book & Page 3219/0002
Sale Date06/07/2005
Instrument99

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AREC 7 LLC$1,670,000 3219/00029906/07/2005
AMERCO REAL ESTATE CO$1,670,000 3219/00029906/06/2005
U-HAUL CO OF NH & VT$273,960 01817/04689908/08/1989

Building Information
Building 1 : Section 1
Year Built: 1976
Living Area: 10,656
Replacement Cost: $910,960
Building Percent Good: 66
Replacement Cost
Less Depreciation:
$601,200
Building Attributes
FieldDescription
ModelINDUSTRIAL
StyleREPAIR GAR
GradeAvg. (+)
Stories1
Units 
Residential Units0
Comm Units1.00
Wall Height16.00
Exterior Wall 1BRICK
Exterior Wall 2 
Roof StructureFLAT
Roof CoverTAR+GRAVEL
Interior Wall 1MINIMUM
Interior Wall 2DRYWALL
Interior Floor 1CONCRETE
Interior Floor 2 
Basement FloorCONCRETE
% Heated100.00
Heat FuelGAS
Heat TypeUNIT HTRS
2nd Heat Type 
# Heat Systems1.00
AC Percent18.00
Bedrooms 
Full Bath(s)0
Bath RatingAVERAGE
3/4 Bath(s)0
Half Bath(s)0
Extra Fixture(s)0
PlumbingTYPICAL
Kitchen(s)0
Kitchen RatingAVERAGE
Extra Kitchen(s)0
Total Rooms 
FrameOTHER
FoundationCONCRETE
Bsmt Garage0
FBLA 
Rec Room 
Fin Attic 
ParkingTYPICAL
Fireplace(s)0
Fireplace Rating 
WS Flues0
WS Flue Rating 
Interior/Exterior 
ViewAVERAGE
ElectricADEQUATE
InsulationTYPICAL
Partition 
Solar Hot WaterNo
Central VacNo
% Sprinkled100
Sketch Area Adj 
Nbhd ModifierFLOOD 100
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FFL1ST FLOOR 10,656 10,656
BMTBASEMENT 10,656 0
CNPCANOPY 564 0
LDKLOADING DK 486 0
   22,362 10,656
Building 2 : Section 1
Year Built: 1990
Living Area: 3,200
Replacement Cost: $188,256
Building Percent Good: 70
Replacement Cost
Less Depreciation:
$131,800
Building Attributes : Bldg 2 of 2
FieldDescription
ModelINDUSTRIAL
StyleWAREHOUSE
GradeAverage
Stories1
Units 
Residential Units0
Comm Units1.00
Wall Height18.00
Exterior Wall 1STEEL
Exterior Wall 2 
Roof StructureSHED
Roof CoverMETAL
Interior Wall 1MINIMUM
Interior Wall 2 
Interior Floor 1CONCRETE
Interior Floor 2 
Basement FloorCONCRETE
% Heated0.00
Heat FuelNONE
Heat TypeNONE
2nd Heat Type 
# Heat Systems0.00
AC Percent0.00
Bedrooms 
Full Bath(s)0
Bath RatingAVERAGE
3/4 Bath(s)0
Half Bath(s)0
Extra Fixture(s)0
PlumbingTYPICAL
Kitchen(s)0
Kitchen RatingAVERAGE
Extra Kitchen(s)0
Total Rooms 
FrameSTEEL
FoundationCONCRETE
Bsmt Garage0
FBLA 
Rec Room 
Fin Attic 
ParkingTYPICAL
Fireplace(s)0
Fireplace Rating 
WS Flues0
WS Flue Rating 
Interior/Exterior 
ViewAVERAGE
ElectricADEQUATE
InsulationTYPICAL
Partition 
Solar Hot WaterNo
Central VacNo
% Sprinkled0
Sketch Area Adj 
Nbhd Modifier 
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FFL1ST FLOOR 3,200 3,200
   3,200 3,200

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
64MEZ-FIN9800.00 SF$237,7001

Land
Land Use
Use Code3160
DescriptionCOMMWHSE  
ZoneLD
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.26
Frontage
Depth
Total Market Land$559,015
Appraised Value$559,015

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
85PAVING  28000.00 SF$105,0001
89FENCE-8  425.00 SF$2,8001
71TANK-IG  3000.00 SF$10,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,089,000$559,015$1,648,015
2024$920,700$461,900$1,382,600
2023$920,700$461,900$1,382,600

Assessment
Valuation YearImprovementsLandTotal
2025$1,089,000$559,015$1,648,015
2024$920,700$461,900$1,382,600
2023$920,700$461,900$1,382,600

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