50 PINE ST
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Location
50 PINE ST
Mblu
104/ 4655/ 50/ /
Parcel ID
K04100
Owner
DLC PHASE TWO LLC
PBN
Assessment
$3,631,300
Appraisal
$3,631,300
Internal ID
25755
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$2,806,300$825,000$3,631,300
Assessment
Valuation YearImprovementsLandTotal
2026$2,806,300$825,000$3,631,300

Owner of Record
OwnerDLC PHASE TWO LLC
Co-Owner
Address354 MERRIMACK ST STE 327
LAWRENCE, MA 01843
Sale Price$4,500,000
Certificate
Book & Page 38556/0183
Sale Date06/18/2024
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
DLC PHASE TWO LLC$4,500,000 38556/01831U06/18/2024
LOWELL MERRIMACK STREET LLC$1,825,000 18580/00700004/04/2005
TRS 50 PINE STREET REALTY TRUST$792,975 05948/0264UNKQ05/22/1992

Building Information
Building 1 : Section 1
Year Built: 1971
Living Area: 19,096
Replacement Cost: $4,299,848
Building Percent Good: 65
Replacement Cost
Less Depreciation:
$2,794,900
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:2.5
Occupancy24.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2Carpet
Heating FuelElectric
Heating TypeElectr Basebrd
AC TypeUnit/AC
Struct Class 
Bldg UseApt 9 Units and Up C
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,820 6,820
FUSUpper Story, Finished 6,820 6,820
SFBBsmt, Fin Above Grade 6,820 5,456
UHSHalf Story, Unfinished 2,160 0
   22,620 19,096

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionApt 9 Units and Up C  
ZoneNB
Neighborhood2007
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.66
Frontage0
Depth0
Assessed Value$825,000
Appraised Value$825,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  12000.00 S.F.$10,8001
SGN2DOUBLE SIDED  18.00 S.F.&HGT$6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,562,800$770,000$3,332,800
2024$2,441,800$718,800$3,160,600
2023$2,320,300$625,000$2,945,300

Assessment
Valuation YearImprovementsLandTotal
2025$2,562,800$770,000$3,332,800
2024$2,441,800$718,800$3,160,600
2023$2,320,300$625,000$2,945,300

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