468 WASHINGTON ST
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Location
468 WASHINGTON ST
Mblu
34/ / 16/ /
Acct#
1640
Owner
BBK NORWELL LLC
Total Market Value
$17,063,000
PID
1640
Building Count
1
Current Value
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$12,871,200$163,700$442,100$3,586,000$17,063,000

Owner of Record
OwnerBBK NORWELL LLC
Co-Owner
Address950 TOWER lANE, SUITE 1900
FOSTER CITY, CA 94404
Sale Price$23,600,000
Certificate
Book57190
Page67
Sale Date08/01/2022
Instrument1G

Ownership History
Ownership History
OwnerSale PriceCertificateInstrumentSale DateBookPage
BBK NORWELL LLC$23,600,000 1G08/01/20225719067
TRT NORWELL LLC$18,360,390 1G10/19/2007352020218
TEDESCHI NORWELL LLC$2,300,000 1P06/27/2001200900287
MICHAEL TRADING POST INC$100 1B12/31/1996148850191

Building Information
Building 1 : Section 1
Year Built: 2001
Living Area: 66,834
Replacement Cost: $14,462,022
Building Percent Good: 89
Replacement Cost
Less Depreciation:
$12,871,200
Building Attributes
FieldDescription
Style:Supermarket
ModelCommercial
GradeVery Good
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Clapb/Wd Shing
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSUPERMKT
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3220
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 66,834 66,834
CLPLoading Platform, Finished 1,953 0
FEPPorch, Enclosed, Finished 496 0
FOPPorch, Open, Finished 1,952 0
   71,235 66,834

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
ATMAUTOMATC TELLR1.00 UNITS$35,6001
VLT2VAULT-GOOD100.00 S.F.$13,4001
NDPNITE DEPOSIT1.00 UNITS$6,7001
SPR2WET/CONCEALED59145.00 S.F.$79,0001
LDL2W/MAN FLIP OUT5.00 UNITS$6,7001
MEZ2FINISHED1000.00 S.F.$22,3001

Land
Land Use
Use Code3240
DescriptionSUPERMKT  
Zone
Neighborhood7000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)13.03
Frontage
Depth
Total Market Land$3,586,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
LT6W/DOUBLE LIGHT  4.00 UNITS$4,2001
PAV1PAVING-ASPHALT  200000.00 S.F.$420,0001
LT5MERC VAP/FLU  10.00 UNITS$7,0001
LT1LIGHTS-IN W/PL  7.00 UNITS$3,4001
LT4W/FOUR LIGHTS  3.00 UNITS$4,0001
SGN3W/INT LIGHTS  50.00 S.F.&HGT$3,5001
Valuation History
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2024$10,107,600$161,700$442,100$3,294,100$14,005,500
2023$8,563,000$139,700$442,100$3,064,400$12,209,200
2022$7,835,700$139,700$442,100$2,809,000$11,226,500

Regarding Parcel: Mblu : 34/ / 16/ / Location : 468 WASHINGTON ST

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