1525 HANOVER ST
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Location
1525 HANOVER ST
Mblu
43/ / 57/ /
Acct#
3400
Owner
HANOVER STREET REALTY LLC
Total Market Value
$1,232,900
Appraisal
$1,232,900
PID
2372
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$845,700$387,200$1,232,900
Assessment
Valuation YearImprovementsLandTotal
2026$845,700$387,200$1,232,900

Owner of Record
OwnerHANOVER STREET REALTY LLC
Co-Owner
Address1525 HANOVER STREET
HANOVER, MA 02339
Sale Price$970,000
Certificate
Book & Page 36852/0176
Sale Date02/25/2009
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
HANOVER STREET REALTY LLC$970,000 36852/01760002/25/2009
SARSON JOHN P & MARGUERITE A TRS$0 7771/0165 06/10/1987

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 7,923
Replacement Cost: $1,202,396
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$817,600
Building Attributes
FieldDescription
Style:Office/Retail
ModelCommercial
GradeAverage +20
Stories:2
Occupancy5.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1ceramic tile
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCOMM BLDG
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3222
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,840 3,840
FUSUpper Story, Finished 2,752 2,752
WHSWarehse Area 2,048 1,331
FOPPorch, Open, Finished 384 0
   9,024 7,923

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
OHDOVERHEAD DOOR2.00 UNITS$4,1001

Land
Land Use
Use Code3222
DescriptionCOMM BLDG  
ZoneC
Neighborhood400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.73
Frontage0
Depth0
Total Market Land$387,200
Appraised Value$387,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  16000.00 S.F.$20,0001
LT1LIGHTS-IN W/PL  2.00 UNITS$8001
LT2W/DOUBLE LIGHT  2.00 UNITS$1,2001
SGN2DOUBLE SIDED  30.00 S.F.$6001
SHD1SHED FRAME  140.00 S.F.$1,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$831,000$380,000$1,211,000
2024$831,000$380,000$1,211,000
2023$801,500$347,700$1,149,200

Assessment
Valuation YearImprovementsLandTotal
2025$831,000$380,000$1,211,000
2024$831,000$380,000$1,211,000
2023$801,500$347,700$1,149,200

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