37 ATLANTIC AVE
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Location
37 ATLANTIC AVE
Mblu
0122/086 / / /
Owner
KGB LLC
Total Market Value
$4,572,160
Appraisal
$4,572,160
PID
8180
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,805,890$2,766,270$4,572,160
Assessment
Valuation YearImprovementsLandTotal
2025$1,805,890$2,766,270$4,572,160

Owner of Record
OwnerKGB LLC
Co-Owner
AddressPO BOX 386
WELLS, ME 04090-0386
Sale Price$0
Certificate
Book & Page 11524/0220
Sale Date03/13/2002
InstrumentQC

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KGB LLC$0 11524/0220QC03/13/2002
BOLDUC KEVIN G$0 11524/0215IF03/13/2002
BOLDUC TRUSTEE RENE G$1,300,000 06390/0188QC12/30/1992
 $0 06084/0326QC05/12/1992

Building Information
Building 1 : Section 1
Year Built: 1969
Living Area: 12,120
Replacement Cost: $2,776,660
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$1,666,000
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAverage +20
Stories:3.00
Occupancy35.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeUnit/AC
Struct Class 
Bldg UseMOTELS MDL-94
Total Rooms 
Total Bedrms00
Total Baths35
1st Floor Use:3010
Heat/ACHEAT/AC SPLIT
Frame TypeREINF. CONCR
Baths/PlumbingAVERAGE
Ceiling/WallUnsus CL/WL Fi
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 6,830 6,830
BASFirst Floor 5,290 5,290
CANCanopy 484 0
FEPPorch, Enclosed, Finished 999 0
FOPFramed Open Porch 2,681 0
PTOPatio 3,575 0
UGRUnder Garage 8,627 0
WDKDeck, Wood 1,800 0
   30,286 12,120

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1Sprinkler Wet15700.00 S.F.$60,2901

Land
Land Use
Use Code3010
DescriptionMOTELS MDL-94  
ZoneBB
NeighborhoodWB
Land Line Valuation
Size (Acres)0.38
Frontage
Total Market Land$2,766,270
Appraised Value$2,766,270

Outbuildings
Outbuildings
CodeDescriptionSizeAssessed ValueBldg #
SPL3Pool IG Cncrt.800.00 S.F.$68,8001
PAV1Paving Asphalt3600.00 S.F.$10,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,805,890$2,766,270$4,572,160
2024$1,805,890$2,766,270$4,572,160
2023$1,805,890$2,766,270$4,572,160

Assessment
Valuation YearImprovementsLandTotal
2025$1,805,890$2,766,270$4,572,160
2024$1,805,890$2,766,270$4,572,160
2023$1,805,890$2,766,270$4,572,160

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