138 PORTSMOUTH AVE
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Location
138 PORTSMOUTH AVE
Mblu
52/ / 107/ /
Acct#
T0025R
Owner
TILAK HOSPITALITY LLC
Total Market Value
$6,257,600
Appraisal
$6,257,600
PID
651
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$5,146,800$1,110,800$6,257,600
Assessment
Valuation YearImprovementsLandTotal
2025$5,146,800$1,110,800$6,257,600

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerTILAK HOSPITALITY LLC
Co-Owner
Address110 HARTWELL AVE SUITE 300
LEXINGTON, MA 02421
Sale Price$6,450,000
Certificate
Book & Page 6532/1165
Sale Date02/09/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
TILAK HOSPITALITY LLC$6,450,000 6532/11650002/09/2024
DORKS-R-US$0 4966/03624012/03/2008
WOLF ALAN E$1,100,000 4944/15110008/20/2008
FOSS LAURENCE D$650,000 4178/03351N10/10/2003
256 INVESTMENT ASSOCIATES LLC$0 2528/0494  

Building Information
Building 1 : Section 1
Year Built: 2009
Living Area: 36,386
Replacement Cost: $6,056,872
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$4,845,500
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAverage +10
Stories:3
Occupancy71.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Vinyl Siding
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseHOTELS
Total Rooms71
Total Bedrms71
Total Baths71
%Taxable1
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 24,257 24,257
BASFirst Floor 12,129 12,129
CANCanopy 648 0
   37,034 36,386

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
ELV1ELEVATOR3.00 STOPS$120,0001
SPR1SPRINKLERS-WET36717.00 S.F.$58,7001
FPLFIREPLACE GAS1.00 UNITS$1,2001

Land
Land Use
Use Code3000
DescriptionHOTELS  
ZoneC-2
NeighborhoodC9
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.36
Frontage0
Depth0
Total Market Land$1,110,800
Appraised Value$1,110,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  32913.00 S.F.$88,9001
SPL3GUNITE  274.00 S.F.$12,3001
LT1LIGHTS-IN W/PL  11.00 UNITS$17,8001
SHD1SHED FRAME  100.00 S.F.$1,3001
SGN2DOUBLE SIDED  26.00 S.F.&HGT$1,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,146,800$1,110,800$6,257,600
2024$5,146,800$1,110,800$6,257,600
2023$4,075,300$944,200$5,019,500

Assessment
Valuation YearImprovementsLandTotal
2025$5,146,800$1,110,800$6,257,600
2024$5,146,800$1,110,800$6,257,600
2023$4,075,300$944,200$5,019,500

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