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556 MILL ST
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Location
556 MILL ST
Mblu
30/ 23A/ 00001/ /
Acct#
30-23A-00001
Owner
ARROWPOINT MILL STREET LLC
Total Market Value
$8,828,000
PID
55438
Building Count
1
Current Value
Assessment
Valuation Year
Improvements
Land
Total
2026
$5,048,000
$3,780,000
$8,828,000
Owner of Record
Owner
ARROWPOINT MILL STREET LLC
Co-Owner
Address
290 MERRIMACK ST
SUITE 210
LAWRENCE , MA 01843
Sale Price
$10,150,000
Certificate
Book & Page
70820/0174
Sale Date
07/29/2024
Instrument
00
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
ARROWPOINT MILL STREET LLC
$10,150,000
70820/0174
00
07/29/2024
CHASE,LESTER E + CYNTHIA CO-TR
$0
17602/0255
1F
01/11/1996
Building Information
Building 1 : Section 1
Year Built:
1973
Living Area:
13,860
Replacement Cost:
$1,706,514
Building Percent Good:
91
Replacement Cost
Less Depreciation:
$1,552,900
Building Attributes
Field
Description
Style:
Low Rise Apartment
Model
Commercial
Grade
BA WOOD ST
Stories:
3
Occupancy
18.00
Exterior Wall 1
Brick/Stone
Exterior Wall 2
Roof Structure
Gable/Hip
Roof Cover
Asph/Fbgl/Comp
Interior Wall 1
Drywall/Shtrk
Interior Wall 2
Interior Floor 1
Ww/Carpet
Interior Floor 2
Cer/Clay/Tile
Ext. Qual.
AVERAGE
Int. Qual.
AVERAGE
Bldg Use
APT OVER 8 MDL-94
Bath Grade
Average
Elevator
0
Sprinkler
0
1st Floor Use:
112C
Heat/AC
Electric
Frame Type
Masonry
Baths/Plumbing
Average
Ceiling/Wall
Ceil & Walls
Rooms/Prtns
Wall Height
10.00
% Comn Wall
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
GLU
GLA - Upper Story
9,240
9,240
GLA
Gross Leasable Area
4,620
4,620
OPH
Open Porch
684
0
14,544
13,860
Extra Features
Extra Features
No Data for Extra Features
Land
Land Use
Use Code
112C
Description
APT OVER 8 MDL-94
Zone
RS-7
Neighborhood
260
Alt Land Appr
No
Category
Land Line Valuation
Size (Sqr Feet)
92837
Depth
Total Market Land
$3,780,000
Outbuildings
Outbuildings
Code
Description
Size
Value
Bldg #
PAV1
PAVING-ASPHALT
19440.00 S.F.
$26,200
1
PTSN
PATIO-STONE
900.00 S.F.
$12,100
1
Valuation History
Assessment
Valuation Year
Improvements
Land
Total
2025
$5,048,000
$3,780,000
$8,828,000
2024
$4,244,300
$3,780,000
$8,024,300
2023
$4,727,200
$3,240,000
$7,967,200
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