231 WATER ST
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Location
231 WATER ST
Mblu
184/ / 71/ /
Acct#
0184 0000 0071 A
Owner
SMS FOUR HOLDING COMPANY LLC
Assessment
$4,425,500
PID
10353
Building Count
1
Legal Description
Location
Urban
Street/Road
Paved
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$4,110,200$315,300$4,425,500

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerSMS FOUR HOLDING COMPANY LLC
Co-Owner
AddressPO BOX 311
NORTH ANDOVER , MA 01845
Sale Price$2,200,000
Certificate
Book & Page 10833/0166
Sale Date07/11/2007
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SMS FOUR HOLDING COMPANY LLC$2,200,000 10833/01660007/11/2007
THE OLYMPUS TRUST$1 09956/01561A12/22/2005
LUGO ALICIA$1,950,000 08689/01191T04/09/2004
SPRAGUE REALTY CORP$1 04671/01021F01/10/1997
SPRAGUE RICHARD$0 04213/0020 02/17/1995

Building Information
Building 1 : Section 1
Year Built: 1860
Living Area: 27,776
Replacement Cost: $6,634,061
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$3,980,400
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:4
Occupancy32.00
Exterior Wall 1Clapboard
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2Quarry Tile
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseApt Over 8 MDL-94
Total Rooms 
Total Bedrms09
Total Baths9
Bldg CondAverage/Good
1st Floor Use:112C
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingEXTENSIVE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 20,832 20,832
BASFirst Floor 6,944 6,944
FOPPorch, Open, Finished 920 0
   28,696 27,776

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEVATOR-AV1.00 UNITS$90,1001

Parcel Information
Use Code112C
DescriptionApt Over 8 MDL-94  
Deeded Acres0.74

Land
Land Use
Use Code112C
DescriptionApt Over 8 MDL-94  
ZoneR-3
Neighborhood940
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.74
Frontage0
Depth0
Assessed Value$315,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHP4W/IMPROV AGE  408.00 S.F.$9,6001
PAV1PAVING-ASPHALT  11900.00 S.F.$24,7001
FN6W/O TOP RL-4'  260.00 L.F.$1,9001
FN7W/O TOP RL-5'  80.00 L.F.$7001
FN8W/O TOP RL-6'  40.00 L.F.$4001
FN9W/O TOP RL-8'  220.00 L.F.$2,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$4,110,200$315,300$4,425,500
2025$4,110,200$300,100$4,410,300
2024$3,967,100$184,500$4,151,600

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