55 CHERRY LANE
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Location
55 CHERRY LANE
Map and Lot
57-4/ 65/ / /
Acct#
R-50-0590-78
Owner
55 CHERRY LANE LLC
Total Market Value
$1,855,700
Appraisal
$1,855,700
PID
6530
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,482,800$372,900$1,855,700
Assessment
Valuation YearImprovementsLandTotal
2024$1,482,800$372,900$1,855,700

Owner of Record
Owner55 CHERRY LANE LLC
Co-Owner
Address10 HIGH STREET
WAKEFIELD, RI 02879
Sale Price$1,233,500
Certificate
Book & Page 1602/0272
Sale Date03/11/2016
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SOUTH SHORE MENTAL HEALTH$010475/0309 09/30/1992
FROM ADMIN$0 0464/0096 06/25/1992
MARQUETTE CREDIT UNION$293,000 0463/0098UNKQ06/18/1992
FROM ADMIN$0 0364/0182 06/16/1989

Building Information
Building 1 : Section 1
Year Built: 1990
Living Area: 10,564
Replacement Cost: $1,760,374
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$1,408,300
Building Attributes
FieldDescription
Style:Medical Office
ModelCommercial
GradeAbove Ave
Stories:2
Occupancy8.00
Exterior Wall 1Wood on Sheath
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseLARGE BUS M-94
Total Rooms 
Total Bedrms00
Total Baths0
Design/Appeal 
1st Floor Use:3333
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsEXTENSIVE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 5,836 5,544
BASFirst Floor 5,020 5,020
   10,856 10,564

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEVATOR2.00 STOPS$40,0001

Land
Land Use
Use Code3333
DescriptionLARGE BUS M-94  
ZoneCD
NeighborhoodM
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1
Frontage
Depth
Total Market Land$372,900
Appraised Value$372,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  20400.00 S.F.$30,6001
LT3W/TRIPLE LIGHT  3.00 UNITS$2,6001
GAZ2GAZEBO-AVG  100.00 S.F.$1,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,482,800$372,900$1,855,700
2024$1,482,800$372,900$1,855,700
2024$1,482,800$372,900$1,855,700
2023$1,352,300$310,600$1,662,900

Assessment
Valuation YearImprovementsLandTotal
2025$1,482,800$372,900$1,855,700
2024$1,482,800$372,900$1,855,700
2024$1,482,800$372,900$1,855,700
2023$1,352,300$310,600$1,662,900

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