1016 REVERE BEACH PARKWAY
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Location
1016 REVERE BEACH PARKWAY
Mblu
82/ / 3A/ /
Acct#
104233
Owner
CHELSEA PLACE APARTMENTS LLC
Total Market Value
$18,572,800
PID
104233
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$16,052,800$2,520,000$18,572,800

Owner of Record
OwnerCHELSEA PLACE APARTMENTS LLC
Co-Owner
Address100 GRANDVIEW RD SUITE 205
BRAINTREE, MA 02184
Sale Price$14,760,000
Certificate135177
Book & Page 60085/0215
Sale Date08/28/2018
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHELSEA PLACE APARTMENTS LLC$14,760,00013517760085/02150008/28/2018
FR CHELSEA COMMONS II LLC$2,545,000 C#124232/00001T01/31/2007

Building Information
Building 1 : Section 1
Year Built: 2013
Living Area: 59,636
Replacement Cost: $16,802,574
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$15,122,300
Building Attributes
FieldDescription
Style:APT-9+
ModelCommercial
GradeAverage +20
Stories:5
Occupancy56.00
Exterior Wall 1Clapboard
Exterior Wall 2Precast Panel
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
Systems Stat 
Residential Units 
1st Floor Use:3220
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 43,752 43,752
BASFirst Floor 15,884 15,884
UGRGarage, Unfinished 14,472 0
   74,108 59,636

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR2WET/CONCEALED56000.00 S.F.$98,9001
EL1PASSNGR ELEV5.00 STOPS$168,0001

Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
Zone
Neighborhood1020
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)40000
Frontage0
Total Market Land$2,520,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  16000.00 S.F.$36,0001
LT1LIGHTS-IN W/PL  4.00 UNITS$2,2001
LT10W/DOUBLE LIGHT  1.00 UNITS$1,7001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$15,374,700$2,520,000$17,894,700
2024$14,308,900$2,520,000$16,828,900
2023$14,545,500$2,520,000$17,065,500

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