38 MADBURY ROAD
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Location
38 MADBURY ROAD
Mblu
106/ / 34/0 0/0
Owner
HOUSING INITIATIVES OF NE
Assessment
$11,602,000
Appraisal
$11,602,000
PID
239
Building Count
1
Location
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$11,363,200$238,800$11,602,000
Assessment
Valuation YearImprovementsLandTotal
2025$11,363,200$238,800$11,602,000

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerHOUSING INITIATIVES OF NE
Co-Owner
AddressC/O STEWART PROPERTY MGMT
PO BOX 10540
BEDFORD, NH 03110-0540
Sale Price$1,750,000
Certificate
Book & Page 1783/0539
Sale Date12/21/1994
Instrument

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
HOUSING INITIATIVES OF NE$1,750,000 1783/0539 12/21/1994
BAGDAD WOOD ASSOCIATES$0  /0  

Building Information
Building 1 : Section 1
Year Built: 2022
Living Area: 63,886
Replacement Cost: $10,631,719
Building Percent Good: 96
Replacement Cost
Less Depreciation:
$10,206,500
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:2
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2Wood Shingle
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Struct Class 
Bldg UseCHARITABLE MDL-94
Total Rooms 
Total Bedrms70
Total Baths63
1st Floor Use:910C
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 42,134 42,134
BASFirst Floor 21,752 21,752
FOPPorch, Open Framed 230 0
   64,116 63,886

Extra Features
Extra Features
CodeDescriptionSizeAssessed Value
SPR2WET/CONCEALED63266.00 S.F.$394,800
ELEVELEVATOR COMM2.00 STOPS$160,300
FPLGAS FIREPLACE1.00 UNITS$3,300

Parcel Information
Use Code910C
DescriptionCHARITABLE MDL-94  
Deeded Acres2.74

Land
Land Use
Use Code910C
DescriptionCHARITABLE MDL-94  
ZonePO
Neighborhood50
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.74
Frontage0
Depth0
Assessed Value$238,800
Appraised Value$238,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed Value
LT1LIGHTS-IN W/PL  2.00 UNITS$2,400
PAV1PAVING-ASPHALT  23000.00 S.F.$87,400
SHD1SHED FRAME  80.00 S.F.$1,100
FN8W/O TOP RL-6'  48.00 L.F.$900
SLR1SOLAR ELEC PANELS  100.00 UNITS$80,000
SLR1SOLAR ELEC PANELS  60.00 UNITS$48,000
PKSPPARKING SPACE  74.00 UNITS$370,000
PAT2PATIO-GOOD  628.00 S.F.$8,500
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$11,363,200$238,800$11,602,000
2024$9,900,700$238,800$10,139,500
2023$9,900,700$238,800$10,139,500

Assessment
Valuation YearImprovementsLandTotal
2025$11,363,200$238,800$11,602,000
2024$9,900,700$238,800$10,139,500
2023$9,900,700$238,800$10,139,500

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