223 WALNUT ST
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Location
223 WALNUT ST
Mblu
101/ 63/ 4054/ /
Acct#
939
Owner
KOUTRAKIS, PETROS TR
PBN
Total Market Value
$2,092,500
Appraisal
$2,092,500
PID
939
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,661,600$0$106,000$324,900$2,092,500
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,661,600$0$106,000$324,900$2,092,500

Owner of Record
OwnerKOUTRAKIS, PETROS TR
Co-OwnerWFA REALTY TRUST
Address868 WORCESTER ST
WELLESLEY, MA 02482-3707
Sale Price$2,280,000
Certificate
Book & Page 41790/0605
Sale Date01/16/2004
Instrument1Y

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KOUTRAKIS, PETROS TR $2,280,000 41790/06051Y01/16/2004
223 WALNUT LLC $2,130,000 40962/06221Y09/22/2003

Building Information
Building 1 : Section 1
Year Built: 1973
Living Area: 17,388
Replacement Cost: $2,637,423
Building Percent Good: 63
Replacement Cost
Less Depreciation:
$1,661,600
Building Attributes
FieldDescription
TypeOffice Bldg
ModelCommercial
GradeAverage
Stories2
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Commercial Carpet
Int Floor 2Asphl Tile
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms0
Bedrooms0
Full Baths0
Half Baths4
FrameSteel
Plumbing 
PartitionTypical
Wall Height10.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingNone
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingGood
Living Units14
Total # Units14
InsulationTypical
Full Bath RatingNone
Kitchens0
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 8,840 8,840
BASBase Floor 8,448 8,448
UCNUnfinished Canopy 100 100
   17,388 17,388

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
XFOFBClass B Office8840.00 UNITS$01

Land
Land Use
Use Code342C
DescriptionMEDICAL-OFFC  
ZoneP
Neighborhood180
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.03
Frontage
Depth
Total Market Land$324,900
Appraised Value$324,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVEMENT-ASPHALT  32600.00 S.F.$106,0001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,641,000$0$106,000$309,300$2,056,300
2024$1,580,100$0$43,600$311,100$1,934,800
2023$1,655,400$0$45,100$282,900$1,983,400
2022$1,509,300$0$41,600$257,000$1,807,900

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,641,000$0$106,000$309,300$2,056,300
2024$1,580,100$0$43,600$311,100$1,934,800
2023$1,655,400$0$45,100$282,900$1,983,400
2022$1,509,300$0$41,600$257,000$1,807,900

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