40 LAKE ST
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Location
40 LAKE ST
Mblu
74/ E/ 1/ /
Acct#
08298000
Owner
INSULATED TOOLS INC
Assessment
$1,943,500
PID
1184
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,056,500$887,000$1,943,500

Owner of Record
OwnerINSULATED TOOLS INC
Co-Owner
Address15 CAHILL PARK DRIVE
FRAMINGHAM, MA 01702
Sale Price$1
Certificate
Book & Page 83110/550
Sale Date08/09/2024
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
INSULATED TOOLS INC$1 83110/5501B08/09/2024
H D CHASEN INC$0 12964/0280 04/22/1976

Building Information
Building 1 : Section 1
Year Built: 1912
Living Area: 18,662
Replacement Cost: $1,577,720
Building Percent Good: 58
Replacement Cost
Less Depreciation:
$915,100
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:3
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseCOMM WHSE MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
Extra Kitch' 
1st Floor Use:316I
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 12,062 12,062
AOFOffice, (Average) 6,600 6,600
   18,662 18,662

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAIR CONDTNG3300.00 S.F.$8,8001
SPR1WET/OPEN18662.00 S.F.$27,1001

Land
Land Use
Use Code316I
DescriptionCOMM WHSE MDL-96  
ZoneFAB
Neighborhood2003
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.69
Frontage0
Depth0
Assessed Value$887,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  4000.00 S.F.$6,8001
FGR1GARAGE-AVE  4160.00 S.F.$63,2001
FGR1GARAGE-AVE  1869.00 S.F.$35,5001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,056,500$887,000$1,943,500
2025$1,002,700$844,800$1,847,500
2024$1,002,700$844,800$1,847,500

Regarding Parcel: Mblu : 74/ E/ 1/ / Location : 40 LAKE ST

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