498 RIVER RD
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Location
498 RIVER RD
Mblu
71/ / 12/ /
Acct#
71012
Owner
KOROLATH OF NEW ENGLAND INC
Assessment
$3,427,600
PID
6541
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$3,018,400$409,200$3,427,600

Owner of Record
OwnerKOROLATH OF NEW ENGLAND INC
Co-Owner
Address310 SALEM ST
WOBURN, MA 01801
Sale Price$235,000
Certificate
Book & Page 31411/0511
Sale Date05/17/2000
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KOROLATH OF NEW ENGLAND INC$235,000 31411/05111O05/17/2000
MACULEVICH WILLIAM P$0 08526/0057 06/29/1955

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 46,920
Replacement Cost: $4,299,893
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$2,880,900
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar/Grvl/Rubbr
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height26.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 43,120 43,120
AOFOffice, (Average) 3,800 3,800
   46,920 46,920

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET29600.00 S.F.$39,7001
MEZ1MEZZANINE-UNF3800.00 S.F.$40,7001

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
ZoneIA
Neighborhood900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.6
Frontage214
Depth0
Assessed Value$409,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1LIGHTS-IN W/PL  5.00 UNITS$7,0001
PAV1PAVING-ASPHALT  30000.00 S.F.$49,2001
SGN1SIGN-1 SD W/M  40.00 S.F.&HGT$9001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$3,018,400$409,200$3,427,600
2025$2,998,300$389,700$3,388,000
2024$2,925,100$362,900$3,288,000
2023$2,705,200$362,900$3,068,100

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