38 PROSPECT ST
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Location
38 PROSPECT ST
Mblu
30/ / 178/ /
Acct#
0143103
Owner
THIRTY EIGHT PROSPECT INC
Assessment
$809,410
Appraisal
$1,156,300
PID
2232
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,013,800$142,500$1,156,300
Assessment
Valuation YearImprovementsLandTotal
2025$709,660$99,750$809,410

Owner of Record
OwnerTHIRTY EIGHT PROSPECT INC
Co-Owner
Address665 SALEM ST
MALDEN, MA 02148
Sale Price$0
Certificate1
Book & Page 0816/0493
Sale Date01/31/1986

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
THIRTY EIGHT PROSPECT INC$010816/049301/31/1986

Building Information
Building 1 : Section 1
Year Built: 1928
Living Area: 8,800
Replacement Cost: $985,614
Building Percent Good: 61
Replacement Cost
Less Depreciation:
$601,200
Building Attributes
FieldDescription
StyleApartments
ModelComm/Ind
GradeC+
Stories:4
Occupancy12.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Plaster
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelPropane Gas
Heating TypeHot Water
AC TypeNone
Bldg UseApartments
Bedrooms10
Full Baths10
Half Baths 
1st Floor Use: 
Heat/ACNone
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 6,600 6,600
BASFirst Floor 2,200 2,200
FOPPorch, Open 304 0
UBMBasement, Unfinished 2,200 0
   11,304 8,800
Building 2 : Section 1
Year Built: 1928
Living Area: 5,280
Replacement Cost: $676,457
Building Percent Good: 61
Replacement Cost
Less Depreciation:
$412,600
Building Attributes : Bldg 2 of 2
FieldDescription
StyleApartments
ModelComm/Ind
GradeC+
Stories:4
Occupancy8.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Plaster
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeNone
Bldg UseApartments
Bedrooms16
Full Baths08
Half Baths 
1st Floor Use: 
Heat/ACNone
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 3,960 3,960
BASFirst Floor 1,320 1,320
FOPPorch, Open 1,050 0
UBMBasement, Unfinished 1,320 0
   7,650 5,280

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code112
DescriptionApartments  
ZoneBD
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)20.0000
Frontage0
Depth
Total Market Land$99,750
Appraised Value$142,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,013,800$142,500$1,156,300
2024$1,013,800$142,500$1,156,300
2023$1,013,800$142,500$1,156,300

Assessment
Valuation YearImprovementsLandTotal
2025$709,660$99,750$809,410
2024$709,660$99,750$809,410
2023$709,660$99,750$809,410

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