48-50 MEDFORD ST
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Location
48-50 MEDFORD ST
Mblu
164/ / 35/ /
Acct#
0164 0000 0035 A
Owner
PROSPECT IRON & STEEL CORPORATION
Assessment
$524,000
PID
8946
Building Count
1
Legal Description
Location
Urban
Street/Road
Paved
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$221,000$303,000$524,000

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerPROSPECT IRON & STEEL CORPORATION
Co-Owner
Address40 - 50 MEDFORD ST
LAWRENCE, MA 01841
Sale Price$1,200,000
Certificate
Book & Page 13734/0197
Sale Date12/19/2013
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PROSPECT IRON & STEEL CORPORATION$1,200,000 13734/01971V12/19/2013
48 MEDFORD STREET LLC$1 12418/02591A02/28/2011
48 - 50 MEDFORD STREET REALY TRUST$1 10083/00821A03/17/2006
MARTINEZ EDGAR T/C$1,200,000 09080/01071T09/28/2004
FARAH ROGER A$0 04596/0036 09/20/1996

Building Information
Building 1 : Section 1
Year Built: 2014
Living Area: 1,025
Replacement Cost: $256,988
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$221,000
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeHeat Pump
Bldg UseOffice Bld MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
Bldg CondAverage
1st Floor Use:340
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
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 1,025 1,025
   1,025 1,025

Extra Features
Extra Features

No Data for Extra Features


Parcel Information
Use Code3400
DescriptionOffice Bld MDL-94  
Deeded Acres1.07

Land
Land Use
Use Code3400
DescriptionOffice Bld MDL-94  
ZoneI2
Neighborhood990
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.07
Frontage0
Depth0
Assessed Value$303,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$221,000$303,000$524,000
2025$221,000$289,500$510,500
2024$223,900$254,500$478,400

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