224 CRESCENT AV
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Location
224 CRESCENT AV
Mblu
59/ / 54/ /
Acct#
31865025
Owner
CHELSEA CREEK LLC
Total Market Value
$3,063,700
PID
1125
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$2,557,800$505,900$3,063,700

Owner of Record
OwnerCHELSEA CREEK LLC
Co-Owner
Address224 CRESCENT AV

CHELSEA, MA 02150
Sale Price$11,000,000
Certificate
Book & Page 67840/0264
Sale Date06/23/2022
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHELSEA CREEK LLC$11,000,000 67840/02641V06/23/2022
SWANSBURG EDWARD ET AL TRUSTEES$0 12363/00411A09/20/1986
SWANSBURG JOHN R TRUSTEE$0 09100/0430 09/26/1978

Building Information
Building 1 : Section 1
Year Built: 1947
Living Area: 27,000
Replacement Cost: $2,850,390
Building Percent Good: 74
Replacement Cost
Less Depreciation:

$2,109,300
Building Attributes
FieldDescription
Style:Warehouse4
ModelIndustrial
GradeBelow Average
Stories:1 Story
Occupancy2.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseIND WHSES MDL-96
Total Rooms3
Total Bedrms0
Total Baths2
Systems Stat 
Residential Units 
1st Floor Use:4010
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Commercial Units 
# Open parking spaces20
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 25,500 25,500
FUSUpper Story, Finished 1,500 1,500
   27,000 27,000

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET27000.00 S.F.$22,1001
A/CAIR CONDITION3600.00 UNITS$9,4001

Land
Land Use
Use Code4010
DescriptionIND WHSES MDL-96  
ZoneLT IND 2
Neighborhood3030
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)30187
Frontage0
Total Market Land$505,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  4000.00 S.F.$6,0001
FN4FENCE-8' CHAIN  200.00 L.F.$2,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$2,403,500$481,800$2,885,300
2024$2,086,500$458,800$2,545,300
2023$1,368,500$458,800$1,827,300

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