481 BROADWAY
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Location
481 BROADWAY
Mblu
38/ / 120/ /
Acct#
10750007
Owner
DAMICO TOWER LLC
Total Market Value
$3,612,300
PID
729
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$3,380,600$231,700$3,612,300

Owner of Record
OwnerDAMICO TOWER LLC
Co-Owner
Address473 BROADWAY
CHELSEA, MA 02150
Sale Price$1
Certificate
Book & Page 36464/0072
Sale Date02/11/2005
Instrument1A

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
DAMICO TOWER LLC$1 36464/00721A02/11/2005
DAMICO JAMES V ET AL TRUSTEES$1,250,000 34551/02730005/18/2004
MILLER JEFFREY TR$550,000 22459/00840005/15/1998
BERNSTEIN SHELDON ETALS$0 13300/0205 01/05/1987

Building Information
Building 1 : Section 1
Year Built: 1910
Living Area: 15,368
Replacement Cost: $3,847,295
Building Percent Good: 79
Replacement Cost
Less Depreciation:
$3,039,400
Building Attributes
FieldDescription
Style:Stores/Apt Com
ModelCommercial
GradeAverage +10
Stories:4 Stories
Occupancy14.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UsePRI COMM
Total Rooms75
Total Bedrms24
Total Baths26
Systems Stat 
Residential Units12
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Commercial Units2
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 11,391 11,391
BASFirst Floor 3,977 3,977
UBMBasement, Unfinished 3,977 0
   19,345 15,368

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code0310
DescriptionPRI COMM  
Zone
Neighborhood3020
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)4016
Frontage0
Total Market Land$231,700

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$3,282,300$220,700$3,503,000
2024$3,015,800$211,300$3,227,100
2023$2,620,900$211,300$2,832,200

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