486 ELM ST
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Location
486 ELM ST
City, State, Zip
,
Mblu
18/ 29/ / /
Acct#
0180290000
Owner
COVEHEAD BAY HOLDINGS LLC
Assessment
$1,361,800
Appraisal
$1,361,800
PID
1428
Building Count
2
Legal Description
District
Assessing District
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,032,600$329,200$1,361,800
Assessment
Valuation YearImprovementsLandTotal
2025$1,032,600$329,200$1,361,800

Owner of Record
OwnerCOVEHEAD BAY HOLDINGS LLC
Co-Owner
Address48 OCEANSIDE DR
SACO, ME 04072
Sale Price$725,000
Certificate
Book17808
Page460
Sale Date09/21/2018
Instrument309

Ownership History
Ownership History
OwnerSale PriceCertificateInstrumentSale DateBookPage
COVEHEAD BAY HOLDINGS LLC$725,000 30909/21/201817808460
NATIONAL RETAIL PROPERTIES, LP$375,866 1N12/16/2010160160407
2005 II LLC$0 1B07/20/2005145390517
GPI PROPERTIES 1997 LLC$0 1B06/02/199888280195
CAPITAL REAL ESTATE LIMITED$365,000 0103/03/199781740266

Building Information
Building 1 : Section 1
Year Built: 1968
Living Area: 15,192
Replacement Cost: $1,306,281
Building Percent Good: 46
Replacement Cost
Less Depreciation:
$600,900
Building Attributes
FieldDescription
Style:Office/Warehs
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Brick Veneer
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeNone
Bldg UseCOMM WAREHOUSE
Total Rooms 
Total Bedrms00
Total Baths2
No. of Comm. Units 
No. of Res. Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 15,192 15,192
USTUtility, Storage, Unfinished 264 0
   15,456 15,192
Building 2 : Section 1
Year Built: 2021
Living Area: 5,000
Replacement Cost: $411,750
Building Percent Good: 96
Replacement Cost
Less Depreciation:
$395,300
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Warehouse
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverMetal/Tin
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseCOMM WAREHOUSE
Total Rooms 
Total Bedrms 
Total Baths 
No. of Comm. Units 
No. of Res. Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingNONE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height 
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,000 5,000
   5,000 5,000

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
A/CAIR CONDITION  2992.00 UNITS$4,7001

Parcel Information
Use Code3160
DescriptionCOMM WAREHOUSE  
Deeded Acres2.91

Land
Land Use
Use Code3160
DescriptionCOMM WAREHOUSE  
ZoneB2
Neighborhood0007
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.91
Frontage0
Depth0
Assessed Value$329,200
Appraised Value$329,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$30,0001
SHD1SHED FRAME  128.00 S.F.$1,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,013,100$329,200$1,342,300
2023$1,011,400$329,200$1,340,600
2022$1,025,300$257,500$1,282,800

Assessment
Valuation YearImprovementsLandTotal
2024$1,013,100$329,200$1,342,300
2023$1,011,400$329,200$1,340,600
2022$1,025,300$257,500$1,282,800

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