15 CHESTNUT ST
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Location
15 CHESTNUT ST
Mblu
03/ 033/ 00002/ /
Acct#
03-033-00002
Owner
VERIZON
Total Market Value
$12,902,400
PID
51941
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$12,220,800$681,600$12,902,400

Owner of Record
OwnerVERIZON
Co-OwnerNEW ENGLAND TELEPHONE
AddressC/O VERIZON NEW ENGLAND INC
C/O DUFF + PHELPS PO BOX 2749
ADDISON , TX 75001
Sale Price$0
Certificate
Book & Page 05037/0221
Sale Date01/01/1988

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
VERIZON$0 05037/022101/01/1988

Building Information
Building 1 : Section 1
Year Built: 1971
Living Area: 44,940
Replacement Cost: $7,122,018
Building Percent Good: 87
Replacement Cost
Less Depreciation:
$6,196,200
Building Attributes
FieldDescription
Style:High Rise General Of
ModelCommercial
GradeGOOD REIN CONC
Stories:4
Occupancy1.00
Exterior Wall 1Concrete Block
Exterior Wall 2Brick/Stone
Roof StructureWood Truss
Roof CoverRolled Comp
Interior Wall 1Plaster
Interior Wall 2Drywall/Shtrk
Interior Floor 1Concrete Fin
Interior Floor 2 
Ext. Qual.AVERAGE
Int. Qual.AVERAGE
Bldg UseTEL X STA
Bath GradeAverage
Elevator100
Sprinkler0
1st Floor Use:4300
Heat/ACPackage Unit
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAbove Average
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLUGLA - Upper Story 33,948 33,948
GLAGross Leasable Area 10,992 10,992
UBMBasement, Unfinished 10,992 0
   55,932 44,940

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVElevator6.00 Story$130,5001

Land
Land Use
Use Code4300
DescriptionTEL X STA  
ZoneBG-6
Neighborhood1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)76665
Depth
Total Market Land$681,600

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT36266.00 S.F.$71,8001
LT1LIGHTS-IN W/PL3.00 UNITS$1,2001
SHD2W/LIGHTS ETC36.00 S.F.$4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$11,777,800$639,100$12,416,900
2024$11,788,700$639,100$12,427,800
2023$10,884,800$565,600$11,450,400

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