53-55 WATER ST
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Location
53-55 WATER ST
Mblu
72/ / 34/ /
Acct#
B0900R
Owner
IOKA PROPERTIES LLC
Total Market Value
$501,100
Appraisal
$501,100
PID
2329
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$142,300$358,800$501,100
Assessment
Valuation YearImprovementsLandTotal
2025$142,300$358,800$501,100

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerIOKA PROPERTIES LLC
Co-Owner
Address24 GRAF RD
NEWBURYPORT, MA 01950
Sale Price$450,000
Certificate
Book & Page 6098/1375
Sale Date03/31/2020
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
IOKA PROPERTIES LLC$450,000 6098/13750003/31/2020
KENSINGTON EXETER LLC$600,000 5279/18781N01/09/2012
IMMER BESSER LLC$680,000 4221/05450001/14/2004
BLANCO JAMES E$0 2129/3623  

Building Information
Building 1 : Section 1
Year Built: 1915
Living Area: 5,175
Replacement Cost: $474,412
Building Percent Good: 30
Replacement Cost
Less Depreciation:

$142,300
Building Attributes
FieldDescription
Style:Theaters Encl.
ModelCommercial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Minimum/Plywd
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseMOVIE THTR
Total Rooms 
Total Bedrms 
Total Baths 
%Taxable1.00
1st Floor Use:3620
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 5,175 5,175
FOPPorch, Open, Finished 10 0
UBMBasement, Unfinished 3,937 0
   9,122 5,175

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3620
DescriptionMOVIE THTR  
ZoneWC
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.14
Frontage0
Depth0
Total Market Land$358,800
Appraised Value$358,800

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$142,300$358,800$501,100
2024$122,600$361,300$483,900
2023$163,500$313,100$476,600

Assessment
Valuation YearImprovementsLandTotal
2025$142,300$358,800$501,100
2024$122,600$361,300$483,900
2023$163,500$313,100$476,600

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