705 MEMORIAL DR
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Location
705 MEMORIAL DR
Mblu
0397/ 00004/ / /
Acct#
0397-00004
Owner
FLORENCE BANK
PBN
Assessment
$1,101,300
Appraisal
$1,101,300
PID
11396
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$817,800$0$0$283,500$1,101,300
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$817,800$0$0$283,500$1,101,300

Owner of Record
OwnerFLORENCE BANK
Co-Owner
Address85 MAIN ST
FLORENCE, MA 01062-1400
Sale Price$610,000
Certificate
Book & Page 23125/0478
Sale Date03/13/2020
Instrument1O
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FLORENCE BANK$610,000 23125/04781O03/13/2020
YEE JUNG TAI-TRUSTEE OF THE$018313/0501 01/20/1993

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 2,238
Replacement Cost: $843,067
Building Percent Good: 97
Replacement Cost
Less Depreciation:
$817,800
Building Attributes
FieldDescription
Style:Branch Bank
ModelCommercial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseBank Bldg
Total Rooms5
Total Bedrms 
Total Baths2
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,238 2,238
   2,238 2,238

Extra Features
Extra Features

No Data for Extra Features


Parcel Information
Use Code3410
DescriptionBank Bldg  
Deeded Acres0.49

Land
Land Use
Use Code3410
DescriptionBank Bldg  
Neighborhood111A
Land Line Valuation
Size (Acres)0.49
Assessed Value$283,500
Appraised Value$283,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$765,600$0$0$259,900$1,025,500
2024$750,800$0$0$254,800$1,005,600

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$765,600$0$0$259,900$1,025,500
2024$750,800$0$0$254,800$1,005,600

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