17-21 MADBURY ROAD
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Location
17-21 MADBURY ROAD
Mblu
106/ / 46/0 0/0
Owner
GP MADBURY 17 LLC
Assessment
$57,043,300
Appraisal
$57,043,300
PID
254
Building Count
2
Location
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$39,835,100$17,208,200$57,043,300
Assessment
Valuation YearImprovementsLandTotal
2025$39,835,100$17,208,200$57,043,300

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerGP MADBURY 17 LLC
Co-Owner
Address17 MADBURY ROAD SUITE 120
DURHAM, NH 03824
Sale Price$800,000
Certificate
Book & Page 4084/0888
Sale Date12/28/2012
Instrument29

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GP MADBURY 17 LLC$800,000 4084/08882912/28/2012
GANGWER REV TRUST, JESSE P$0 3945/0188 08/11/2011
GANGWER, JESSE P & JUNE A$0 1792/0058 03/02/1995
GANGWER REALTY INC$0  /0  

Building Information
Building 1 : Section 1
Year Built: 2015
Living Area: 183,420
Replacement Cost: $40,175,554
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$32,140,400
Building Attributes
FieldDescription
Style:Retail/Apts
ModelCommercial
GradeGood
Stories:4
Occupancy307.00
Exterior Wall 1Above Average
Exterior Wall 2 
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 TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSTUDENT HOUSING
Total Rooms 
Total Bedrms307
Total Baths150
1st Floor Use:1220
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
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 134,081 134,081
BASFirst Floor 46,353 46,353
SFBRaised Basement, Finished 3,733 2,986
CLPLoading Platform, Finished 368 0
FBMBasement, Finished 42,620 0
FOPPorch, Open Framed 470 0
STPStoop 184 0
   227,809 183,420
Building 2 : Section 1
Year Built: 2015
Living Area: 37,792
Replacement Cost: $7,775,050
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$6,220,000
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Retail/Apts
ModelCommercial
GradeGood
Stories:3
Occupancy219.00
Exterior Wall 1Above Average
Exterior Wall 2 
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 TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSTUDENT HOUSING
Total Rooms 
Total Bedrms114
Total Baths52
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
APTApartment 22,472 22,472
AOFOffice, (Average) 11,011 11,011
SFBRaised Basement, Finished 5,386 4,309
FBMBasement, Finished 625 0
FOPPorch, Open Framed 244 0
UBMBasement, Unfinished 5,000 0
   44,738 37,792

Extra Features
Extra Features
CodeDescriptionSizeAssessed Value
ELEVELEVATOR COMM1.00 STOPS$66,800
SPR2WET/CONCEALED37195.00 S.F.$193,400
SPR2WET/CONCEALED132087.00 S.F.$686,900
ELEVELEVATOR COMM3.00 STOPS$200,400
LDL1LOAD LEVELERS1.00 UNITS$7,500

Parcel Information
Use Code0360
DescriptionSTUDENT HOUSING  
Deeded Acres2.61

Land
Land Use
Use Code0360
DescriptionSTUDENT HOUSING  
ZoneCB
Neighborhood55
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.61
Frontage0
Depth0
Assessed Value$17,208,200
Appraised Value$17,208,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed Value
PAV1PAVING-ASPHALT  7200.00 S.F.$13,700
MSC5BRIDGE  1.00 UNIT$175,000
PAT2PATIO-GOOD  628.00 S.F.$8,500
PKSPPARKING SPACE  17.00 UNITS$42,500
GENCGenerator Comm  50.00 KW$80,000
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$39,835,100$17,208,200$57,043,300
2024$41,162,600$14,588,200$55,750,800
2023$41,162,600$14,588,200$55,750,800

Assessment
Valuation YearImprovementsLandTotal
2025$39,835,100$17,208,200$57,043,300
2024$41,162,600$14,588,200$55,750,800
2023$41,162,600$14,588,200$55,750,800

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