16 RAILROAD AVE
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Location
16 RAILROAD AVE
Mblu
01P/ 0039/ 0037/ /
Acct#
00257200
Owner
LUCAS HOLDINGS LLC
Assessment
$401,080
Appraisal
$572,970
PID
2777
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$498,170$74,800$572,970
Assessment
Valuation YearImprovementsLandTotal
2025$348,720$52,360$401,080

Owner of Record
OwnerLUCAS HOLDINGS LLC
Co-Owner
AddressPO BOX 30697
CHARLOTTE, NC 28230
Sale Price$665,000
Certificate
Book & Page 0549/0153
Sale Date02/05/2020
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LUCAS HOLDINGS LLC $665,000 0549/01530002/05/2020
MENG YAN$509,250 0511/03610003/20/2017
CRE JV FIVE BRANCH HOLDINGS LLC$790,892 0366/04710008/02/2006
CITIZENS BANK OF RHODE ISLAND$0 0243/0799 07/22/1997
CITIZENS SAVINGS BANK$0 0219/0322  

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 2,566
Replacement Cost: $575,007
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$419,760
Building Attributes
FieldDescription
Style:Branch Bank
ModelComm/Ind
GradeC+
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseBANK BLDG
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3410
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,566 2,566
CANCanopy 400 0
FEPFinished Enclosed Porch 90 0
   3,056 2,566

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3410
DescriptionBANK BLDG  
ZoneC2
Neighborhood1000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.58
Frontage
Depth
Total Market Land$52,360
Appraised Value$74,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT10w/ Double Light  1.00 UNITS$1,4801
PAV1Paving-Aspalt  10858.00 S.F.$10,8601
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$498,170$74,800$572,970
2023$498,170$74,800$572,970

Assessment
Valuation YearImprovementsLandTotal
2024$348,720$52,360$401,080
2023$348,720$52,360$401,080

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