240 MECHANIC ST
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Location
240 MECHANIC ST
Mblu
105/ 3/ / /
Acct#
3420
Owner
RIVER BANK HOLDINGS LLC
PBN
Total Market Value
$1,835,325
Appraisal
$1,835,325
PID
2492
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,473,100$362,225$1,835,325
Assessment
Valuation YearImprovementsLandTotal
2025$1,473,100$362,225$1,835,325

Owner of Record
OwnerRIVER BANK HOLDINGS LLC
Co-Owner
Address240 MECHANIC ST, SUITE 201
LEBANON, NH 03766
Sale Price$2,200,000
Certificate
Book & Page 3463/0209
Sale Date10/31/2007
Instrument68

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RIVER BANK HOLDINGS LLC$2,200,000 3463/02096810/31/2007
BREED PROPERTIES II$0 1839/08949912/29/1989
BREED PROP II LTD PARTNERSHIP$0 01839/08949912/29/1989
BREED, WILLIAM J$250,000 1723/08479902/09/1988

Building Information
Building 1 : Section 1
Year Built: 1988
Living Area: 14,525
Replacement Cost: $2,084,954
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,301,300
Building Attributes
FieldDescription
ModelCOMMERCIAL
StyleOFFICE
GradeGood (-)
Stories2
Units 
Residential Units0
Comm Units8.00
Wall Height10.00
Exterior Wall 1CLAPBOARD
Exterior Wall 2 
Roof StructureGABLE
Roof CoverSTD SEAM
Interior Wall 1DRYWALL
Interior Wall 2 
Interior Floor 1CARPET
Interior Floor 2 
Basement FloorCONCRETE
% Heated100.00
Heat FuelOIL
Heat TypeFORCED H/W
2nd Heat Type 
# Heat Systems1.00
AC Percent100.00
Bedrooms 
Full Bath(s)0
Bath RatingAVERAGE
3/4 Bath(s)0
Half Bath(s)6
Extra Fixture(s)0
PlumbingTYPICAL
Kitchen(s)1
Kitchen RatingFAIR
Extra Kitchen(s)0
Total Rooms 
FrameWOOD
FoundationSLAB
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
SFL2ND FLOOR 5,821 5,821
FFL1ST FLOOR 5,788 5,788
HSTHALFSTORY 5,832 2,916
OFPOPEN PORCH 477 0
   17,918 14,525

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
61ELEV-PAS2.00 LEN$48,2001

Land
Land Use
Use Code3400
DescriptionOFFICE  
ZoneGC
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.83
Frontage
Depth
Total Market Land$362,225
Appraised Value$362,225

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
78LITE-DBL  1.00 LEN$4001
77LITE-SGL  2.00 LEN$6001
03GARAGE  252.00 SF$5,8001
02SHED/FR  60.00 SF$5001
85PAVING  31000.00 SF$116,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,473,100$362,225$1,835,325
2024$1,087,400$300,500$1,387,900
2023$1,087,400$271,200$1,358,600

Assessment
Valuation YearImprovementsLandTotal
2025$1,473,100$362,225$1,835,325
2024$1,087,400$300,500$1,387,900
2023$1,087,400$271,200$1,358,600

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