25 MECHANIC ST
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Location
25 MECHANIC ST
Mblu
R22/ 21/ 8/ /
Acct#
Owner
JAM REALTY TRUST LLC
PBN
Total Market Value
$772,100
Appraisal
$772,100
PID
3342
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$664,700$107,400$772,100
Assessment
Valuation YearImprovementsLandTotal
2026$664,700$107,400$772,100

Owner of Record
OwnerJAM REALTY TRUST LLC
Co-Owner
Address9 OSGOOD ST
LAWRENCE, MA 01843
Sale Price$1,250,000
Certificate
Book & Page 70628/304
Sale Date06/13/2024
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
JAM REALTY TRUST LLC$1,250,000 70628/3041V06/13/2024
B & B TRUCK LEASING INC$275,000 46124/03431S08/04/2010
TRAVERS WELDING CO INC$0 03526/0535  

Building Information
Building 1 : Section 1
Year Built: 1952
Living Area: 22,499
Replacement Cost: $1,206,024
Building Percent Good: 52
Replacement Cost
Less Depreciation:

$627,100
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Brick/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseInd Warehouse
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:322I
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 22,499 22,499
FOPPorch, Open, Finished 40 0
UBMBasement, Unfinished 4,480 0
   27,019 22,499

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers Wet26434.00 S.F.$24,1001

Land
Land Use
Use Code4010
DescriptionInd Warehouse  
ZoneI1
NeighborhoodC1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)42097
Frontage0
Depth0
Total Market Land$107,400
Appraised Value$107,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Aspha  15000.00 S.F.$13,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$664,700$105,300$770,000
2024$618,300$100,100$718,400
2023$473,100$60,500$533,600

Assessment
Valuation YearImprovementsLandTotal
2025$664,700$105,300$770,000
2024$618,300$100,100$718,400
2023$473,100$60,500$533,600

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