516 BOSTON TPKE
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Location
516 BOSTON TPKE
Mblu
34/ 025000/ / /
Acct#
7538
Owner
CAPITAL PROPERTY INVESTMENTS LLC
Total Market Value
$1,372,100
PID
7538
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$928,200$443,900$1,372,100

Owner of Record
OwnerCAPITAL PROPERTY INVESTMENTS LLC
Co-Owner
Address250 COMMERCIAL ST
SUITE 400
WORCESTER, MA 01608
Sale Price$1,600,000
Certificate
Book & Page 68670/197
Sale Date12/30/2022
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CAPITAL PROPERTY INVESTMENTS LLC$1,600,000 68670/1971U12/30/2022
THE MATICA TRUST$100 21745/00651F08/18/1999
ARMENTI JOSEPH M SR$100 20169/00521A07/10/1998
ARMENTI IRENE C ARMENTI JOSEPH M$0 18328/02811A10/17/1996

Building Information
Building 1 : Section 1
Year Built: 1952
Living Area: 15,481
Replacement Cost: $1,289,351
Building Percent Good: 53
Replacement Cost
Less Depreciation:
$683,400
Building Attributes
FieldDescription
StyleStore
ModelIndustrial
GradeC-
Stories2.00
Occupancy5.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Prefin Metal
Roof StructureFlat
Roof CoverRubber Memb
Interior Wall 1Unfinished
Interior Wall 2Drywall
Interior Flr 1Concrete
Interior Flr 2Carpet
Heating FuelOil
Heat TypeFHA Duct
AC Pct0
Heat Pct100
Bldg UseInd Whses
Total Rooms0
Bedrooms0
Full Baths0
Half Baths7
Xtra Fixtures0
1st Floor Use 
Elevators0
FrameWood
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height12.00
% Sprinkler0.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,800 14,800
FUSFinished Upper Story 680 680
STGStorage 1 1
   15,481 15,481

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code4010
DescriptionInd Whses  
ZoneLI
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.12
Frontage
Depth
Total Market Land$443,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving - Asphalt  5000.00 UNITS$9,9001
CTWComm Tower  100.00 UNITS$220,5001
SGN3Sign 2 Sided Lighted  96.00 SF + HT$4,3001
SGN2Sign 2 Sided  18.00 SF + HT$6001
FN1Fence - Chain  210.00 UNITS$3,9001
SHD4Shed - Comm  375.00 UNITS$5,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$793,400$414,800$1,208,200
2024$780,600$399,700$1,180,300
2023$772,600$399,700$1,172,300

Regarding Parcel: Mblu : 34/ 025000/ / / Location : 516 BOSTON TPKE

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