1242 NEWPORT AVE
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Location
1242 NEWPORT AVE
Mblu
10/ / 0920/ /
Acct#
100920
Owner
1242 NEWPORT REALY LLC
Total Market Value
$637,900
Appraisal
$637,900
PID
3543
Building Count
1
% Res
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$229,500$408,400$637,900
Assessment
Valuation YearImprovementsLandTotal
2023$229,500$408,400$637,900

Owner of Record
Owner1242 NEWPORT REALY LLC
Lot Type
Address5 SPEARFILED LANE
LYNNFIELD, MA 01940
Sale Price$668,000
Certificate
Book & Page 4881/0215
Sale Date06/15/2022
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
1242 NEWPORT REALY LLC$668,000 4881/02150006/15/2022
ONE HUNDRED TWENTY THREE ASSOCIATES LLC$400,000 3466/01112504/18/2012
TIM HORTONS (NEW ENGLAND) INC$260,000 2076/0126??05/07/2004
GENCARELLI LOUIS A SR$0 0000/0000 01/01/1800

Building Information
Building 1 : Section 1
Year Built: 2006
Living Area: 1,704
Replacement Cost: $316,630
Building Percent Good: 61
Replacement Cost
Less Depreciation:

$193,100
Building Attributes
FieldDescription
Style:Fast Food Chain
ModelComm/Ind
Grade:Above Ave
Stories:1
Occupancy:1.00
Exterior Wall 1:Clapboard
Exterior Wall 2:Stone
Roof Struct:Irregular
Roof Cover:Asphalt Shingl
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1:Ceram Clay Til
Interior Floor 2:Vinyl/Asphalt
Heating Fuel:Gas
Heating Type:Forced Air
AC Type:Central
Bldg Use:FAST FOOD
Ttl Rooms: 
Ttl Bedrms: 
Ttl Baths: 
Ttl Half Baths: 
Ttl Xtra Fix: 
1st Floor Use: 
Heat/AC:Heat/Ac Split
Frame Type:Wood Frame
Baths/Plumbing:Average
Ceiling/Wall:Sus-Ceil & Wl
Rooms/Prtns:Average
Wall Height:12.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 1,704 1,704
CPYCanopy 144 0
SLBSlab 1,704 0
   3,552 1,704

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
DUW1Drive Up Wndow1.00 UNITS$4,6001

Land
Land Use
Use Code221
DescriptionFAST FOOD  
ZoneCG
NeighborhoodCM11
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)23563
Frontage
Depth
Total Market Land$408,400
Appraised Value$408,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph  21200.00 SF$21,2001
LTLight2Double4.00 UNITS$10,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$229,500$408,400$637,900
2024$229,500$408,400$637,900
2023$229,500$408,400$637,900

Assessment
Valuation YearImprovementsLandTotal
2025$229,500$408,400$637,900
2024$229,500$408,400$637,900
2023$229,500$408,400$637,900

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