121 SCHOOL STREET
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Location
121 SCHOOL STREET
Mblu
101/ 16/ 1/ /
Acct#
V0445R
Owner
HILL STREET TERRACE HOUSING CORPORATION
Total Market Value
$5,377,800
Appraisal
$5,377,800
PID
4432
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$3,595,400$1,782,400$5,377,800
Assessment
Valuation YearImprovementsLandTotal
2025$3,595,400$1,782,400$5,377,800

Owner of Record
OwnerHILL STREET TERRACE HOUSING CORPORATION
Co-Owner
Address307 CUMBERLAND AVENUE
PORTLAND, ME 04101
Sale Price$0
Certificate
Book & Page 40523/201
Sale Date12/12/2023
InstrumentIC

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
HILL STREET TERRACE HOUSING CORPORATION$0 40523/201IC12/12/2023
VILLAGE SQUARE HOUSING CORP$0 12516/0320 05/21/1996
SB ENTERPRISES INC$0 9504/0268 03/28/1991
SHAW DANIEL H &$0 9504/0261 03/28/1991
SB ENTERPRISES$0 8200/0186 03/04/1988

Building Information
Building 1 : Section 1
Year Built: 1999
Living Area: 35,845
Replacement Cost: $3,493,459
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$3,144,100
Building Attributes
FieldDescription
Style:Apartments
ModelMulti-Family
Grade:Average +10
Stories:3 Stories
Occupancy48
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Carpet
Interior Flr 2 
Heat FuelOil
Heat Type:Hot Water
AC Type:None
Total Bedrooms:1 Bedroom
Total Bthrms:1
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:3 Rooms
Bath Style:Average
Kitchen Style:Average
ADU 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 19,768 19,768
BASFirst Floor 15,410 15,410
FHSHalf Story, Finished 1,333 667
FOPPorch, Open, 342 0
TQSThree Quarter Story 3,175 0
UBMBasement, Unfinished 6,124 0
   46,152 35,845

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET54774.00 S.F.$248,8001
ELV1PASS ELEVATOR1.00 STOPS$42,5001

Land
Land Use
Use Code9200
DescriptionNON PROFIT  
ZoneUR
Neighborhood5120
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.01
Frontage0
Depth0
Total Market Land$1,782,400
Appraised Value$1,782,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  40000.00 S.F.$160,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,595,400$1,782,400$5,377,800
2024$3,595,400$1,782,400$5,377,800
2023$3,595,400$1,782,400$5,377,800

Assessment
Valuation YearImprovementsLandTotal
2025$3,595,400$1,782,400$5,377,800
2024$3,595,400$1,782,400$5,377,800
2023$3,595,400$1,782,400$5,377,800

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