18 CHESTNUT ST
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Location
18 CHESTNUT ST
Mblu
03/ 032/ 00001/ /
Acct#
03-032-00001
Owner
CHESTNUT STREET PROPERTIES LLC
Total Market Value
$1,800,000
PID
51937
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$156,000$1,644,000$1,800,000

Owner of Record
OwnerCHESTNUT STREET PROPERTIES LLC
Co-Owner
Address332 MAIN ST
1ST FLOOR OFFICE
WORCESTER, MA 01608
Sale Price$1,900,000
Certificate
Book & Page 59554/0262
Sale Date10/16/2018
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHESTNUT STREET PROPERTIES LLC$1,900,000 59554/02621V10/16/2018
PAUL REVERE LIFE INSURANCE CO$0 04938/0072 01/01/1988

Building Information
Building 1 : Section 1
Year Built: 1922
Living Area: 299,204
Replacement Cost: $37,007,134
Building Percent Good: 32
Replacement Cost
Less Depreciation:
$11,842,300
Building Attributes
FieldDescription
Style:High Rise General Of
ModelCommercial
GradeAVE MASONRY
Stories:6
Occupancy31.00
Exterior Wall 1Brick/Stone
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverRolled Comp
Interior Wall 1Drywall/Shtrk
Interior Wall 2Plaster
Interior Floor 1Ww/Carpet
Interior Floor 2 
Ext. Qual.AVERAGE
Int. Qual.AVERAGE
Bldg UseOFFICE BLD MDL-94
Bath GradeAverage
Elevator100
Sprinkler100
1st Floor Use:3400
Heat/ACWarmed Cooled
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLUGLA - Upper Story 231,257 231,257
GLAGross Leasable Area 50,476 50,476
FBMBasement, Finished 17,471 17,471
   299,204 299,204

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PVASAsphalt Paving84000.00 S.F.$60,5001
ELVElevator6.00 Story$48,0001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneBG-6
Neighborhood1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)135036
Depth
Total Market Land$1,644,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$2,799,300$815,200$3,614,500
2024$2,609,300$815,200$3,424,500
2023$2,221,300$709,000$2,930,300

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