65 FRANKS LANE
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Location
65 FRANKS LANE
Mblu
17/ / 161/ /
Acct#
1120
Owner
HANOVER WOODS ASSOC LTD PARTNERSHIP
Total Market Value
$11,776,500
Appraisal
$11,776,500
PID
558
Building Count
6
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$9,616,500$2,160,000$11,776,500
Assessment
Valuation YearImprovementsLandTotal
2026$9,616,500$2,160,000$11,776,500

Owner of Record
OwnerHANOVER WOODS ASSOC LTD PARTNERSHIP
Co-OwnerHARBOR DEVELOPMENT CORP
Address100 CUMMINGS CENTER
SUITE 224G
BEVERLY, MA 01915
Sale Price$0
Certificate
Book & Page 9064/0127
Sale Date03/31/1989

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
HANOVER WOODS ASSOC LTD PARTNERSHIP$0 9064/012703/31/1989

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 1,524
Replacement Cost: $341,656
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$249,400
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage +10
Stories:1
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,524 1,524
FGRGarage, Framed 252 0
FOPPorch, Open, Finished 32 0
   1,808 1,524
Building 2 : Section 1
Year Built: 1989
Living Area: 13,334
Replacement Cost: $2,575,088
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,879,800
Building Attributes : Bldg 2 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:1
Occupancy10.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height 
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,922 4,922
FUSUpper Story, Finished 4,812 4,812
FHSHalf Story, Finished 4,800 3,600
FOPPorch, Open, Finished 516 0
USTUtility, Storage, Unfinished 94 0
   15,144 13,334
Building 3 : Section 1
Year Built: 1989
Living Area: 13,606
Replacement Cost: $2,543,400
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,856,700
Building Attributes : Bldg 3 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:3
Occupancy10.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,082 5,082
FUSUpper Story, Finished 4,876 4,876
FHSHalf Story, Finished 4,864 3,648
FOPPorch, Open, Finished 608 0
USTUtility, Storage, Unfinished 88 0
UUSUpper Story, Unfinished 72 0
   15,590 13,606
Building 4 : Section 1
Year Built: 1989
Living Area: 13,712
Replacement Cost: $2,550,818
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,862,100
Building Attributes : Bldg 4 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:3
Occupancy10.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,182 5,182
FUSUpper Story, Finished 4,882 4,882
FHSHalf Story, Finished 4,864 3,648
FOPPorch, Open, Finished 540 0
USTUtility, Storage, Unfinished 94 0
   15,562 13,712
Building 5 : Section 1
Year Built: 1989
Living Area: 13,592
Replacement Cost: $2,528,768
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,846,000
Building Attributes : Bldg 5 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:3
Occupancy10.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,080 5,080
FUSUpper Story, Finished 4,864 4,864
FHSHalf Story, Finished 4,864 3,648
FOPPorch, Open, Finished 496 0
USTUtility, Storage, Unfinished 94 0
   15,398 13,592
Building 6 : Section 1
Year Built: 1989
Living Area: 13,690
Replacement Cost: $2,546,538
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$1,859,000
Building Attributes : Bldg 6 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:3
Occupancy10.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseAPTS 9+ UNTS
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,178 5,178
FUSUpper Story, Finished 4,864 4,864
FHSHalf Story, Finished 4,864 3,648
FOPPorch, Open, Finished 524 0
USTUtility, Storage, Unfinished 94 0
   15,524 13,690

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionAPTS 9+ UNTS  
ZoneC
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)60.0000
Frontage0
Depth0
Total Market Land$2,160,000
Appraised Value$2,160,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  50000.00 S.F.$55,0001
LT1LIGHTS-IN W/PL  11.00 UNITS$6,0001
SHD1SHED FRAME  140.00 S.F.$2,0001
SGN1SIGN-1 SD  15.00 S.F.$5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$7,524,000$2,160,000$9,684,000
2024$7,524,000$2,160,000$9,684,000
2023$7,061,100$2,160,000$9,221,100

Assessment
Valuation YearImprovementsLandTotal
2025$7,524,000$2,160,000$9,684,000
2024$7,524,000$2,160,000$9,684,000
2023$7,061,100$2,160,000$9,221,100

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