161 N STATE ST
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Location
161 N STATE ST
Mblu
583/Z 30/ / /
Owner
CAFUA REALTY TRUST CXXXIX LLC
Total Market Value
$2,701,100
Appraisal
$2,701,100
PID
4413
Building Count
1
Tract #
1849
Tract #
1861
Tract #
1862-A
Tract #
1864
Tract #
1860-A
Tract #
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,658,900$121,500$173,000$747,700$2,701,100
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,658,900$121,500$173,000$747,700$2,701,100

Owner of Record
OwnerCAFUA REALTY TRUST CXXXIX LLC
Co-Owner
Address280 MERRIMACK ST
METHUEN, MA 01844-6435
Sale Price$1,050,000
Certificate
Book & Page 3686/0374
Sale Date07/15/2020
Instrument13

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CAFUA REALTY TRUST CXXXIX LLC$1,050,000 3686/03741307/15/2020
SOVEREIGN BANK$0 3505/15513102/03/2016
SOVEREIGN BANK$0 0/04002/26/2004
FIRST ESSEX BANK FSB$672,000 2105/19570006/17/1998
CONCORD SAVINGS BANK$0 1276/0393 07/12/1976

Building Information
Building 1 : Section 1
Year Built: 1966
Living Area: 10,740
Replacement Cost: $4,046,164
Replacement Cost
Less Depreciation:
$1,658,900
Building Attributes
FieldDescription
Style:Branch Bank
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/RUBBER
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Bldg UseBANK BLDG MDL-94
Total Rooms 
Total Bedrms00
Total Baths5
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 10,740 10,740
CANCanopy 1,408 0
FBMBasement, Finished 6,497 0
FOPPorch, Open 919 0
UBMBasement, Unfinished 4,221 0
USTUtility, Storage, Unfinished 415 0
   24,200 10,740

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #Comment
PNEMPNEUMATIC TUBES2.00 UNITS$10,000$10,0001 
SPR1SPR-WET20994.00 S.F.$43,000$43,0001 
VLT1VAULT-AVG576.00 S.F.$29,500$29,5001 
VLT1VAULT-AVG320.00 S.F.$16,400$16,4001 
DUW1DRIVEUP WINDOW1.00 UNITS$3,300$3,3001 
ATM1AUTOMATC TELLR1.00 UNITS$19,300$19,3001 

Land
Land Use
Use Code3410
DescriptionBANK BLDG MDL-94  
ZoneCU
Neighborhood0406
Category
Land Line Valuation
Size (Acres)1.66
Total Market Land$747,700
Appraised Value$747,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #Comment
PAV1PAVING-ASPHALT  60000.00 S.F.$171,000$171,0001 
LT2L-DBL INC LIGHT  1.00 UNITS$1,000$1,0001 
LT1LIGHTS-INCANDE  1.00 UNITS$1,000$1,0001 
PKLTPARKING LOT SPACE  40.00 UNIT$0$01 

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