53-55 WATERTOWN ST
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Location
53-55 WATERTOWN ST
Mblu
3/ / 15/ /
Acct#
0003000015
Owner
55 WATERTOWN ST PROPCO LLC
Total Market Value
$62,392,000
PID
103675
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$47,956,000$14,436,000$62,392,000

Owner of Record
Owner55 WATERTOWN ST PROPCO LLC
Co-Owner
AddressC/O WELLTOWER INC
4500 DORR ST
TOLEDO, OH 43615
Sale Price$118,538,493
Certificate
Book & Page 84829/434
Sale Date11/03/2025
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
55 WATERTOWN ST PROPCO LLC$118,538,493 84829/4341V11/03/2025
LEXINGTON SENIOR HOUSING OWNER LLC$14,223,250 74435/02351V04/08/2020
BELMONT COUNTRY CLUB$0 06736/0349 01/07/1944

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 220,800
Replacement Cost: $49,953,770
Building Percent Good: 96
Replacement Cost
Less Depreciation:
$47,956,000
Building Attributes
FieldDescription
Style:APARTMENTS
ModelResidential
Grade:B+
Stories:3
Occupancy1
Exterior Wall 1AVERAGE
Exterior Wall 2 
Roof Structure:FLAT
Roof CoverROLLED COMP
Interior Wall 1DRYWALL/SHTRK
Interior Wall 2 
Interior Flr 1Average
Interior Flr 2 
Heat FuelGAS
Heat Type:FORCED AIR DUC
AC Type:CENTRAL
Total Bedrooms: 
Total Bthrms: 
Total Half Baths: 
Total Xtra Fixtrs: 
Total Rooms: 
Bath Style: 
Kitchen Style: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 110,400 110,400
FUSUpper Story, Finished 110,400 110,400
FBMBasement, Finished 110,400 0
   331,200 220,800

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code125R
DescriptionOTHR LIV F  
ZoneRO
NeighborhoodB
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)574120
Frontage355
Depth
Total Market Land$14,436,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$47,956,000$14,436,000$62,392,000
2025$46,107,000$14,353,000$60,460,000
2024$45,398,000$13,670,000$59,068,000
2023$28,956,000$12,430,000$41,386,000

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