118 PROSPECT ST
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Location
118 PROSPECT ST
Mblu
83/ B/ 21/ /
Acct#
19650130
Owner
118 PROSPECT LLC
Assessment
$7,822,000
PID
1368
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$6,003,700$1,818,300$7,822,000

Owner of Record
Owner118 PROSPECT LLC
Co-Owner
Address9 SOUTH RINGE AVE
LEXINGTON, MA 02420
Sale Price$5,250,000
Certificate
Book & Page 79541/0196
Sale Date01/14/2022
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
118 PROSPECT LLC$5,250,000 79541/01961U01/14/2022
STUART FINANCIAL CORPORATION$0 14750/0201 07/12/1983

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 23,600
Replacement Cost: $10,905,761
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$5,998,200
Building Attributes
FieldDescription
Style:Mid Rise Apartments
ModelCommercial
GradeExcellent
Stories:4
Occupancy29.00
Exterior Wall 1Cement Fiber
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms29
Total Bedrms60
Total Baths40
Extra Kitch' 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height11.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 23,600 23,600
   23,600 23,600

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZ UNF OFFICE400.00 S.F.$5,5001

Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
ZoneUR
Neighborhood2012
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.21
Frontage0
Depth0
Assessed Value$1,818,300

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$6,003,700$1,818,300$7,822,000
2025$2,113,400$1,740,000$3,853,400
2024$247,800$754,600$1,002,400

Regarding Parcel: Mblu : 83/ B/ 21/ / Location : 118 PROSPECT ST

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