16 STEDMAN ST
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Location
16 STEDMAN ST
Mblu
61/ 5520/ 16/ /
Parcel ID
T17160
Owner
LM PROPERTIES LLC
PBN
Assessment
$616,900
Appraisal
$616,900
Internal ID
28753
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$445,100$171,800$616,900
Assessment
Valuation YearImprovementsLandTotal
2026$445,100$171,800$616,900

Owner of Record
OwnerLM PROPERTIES LLC
Co-Owner
Address30 SANDERSON RD
LEXINGTON, MA 02420-2619
Sale Price$975,000
Certificate
Book & Page 32677/0232
Sale Date12/28/2018
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LM PROPERTIES LLC$975,000 32677/02321V12/28/2018
STEDMAN STREET LOWELL LLC$100 29664/01731F12/16/2015
STEDMAN STREET LOWELL LLC$100 29597/00421F11/19/2015
MOUNTAIN REALTY NOMINEE TRUST I$500,000 23033/01450005/20/2009
MERRIAM 78 LLC$365,000 22303/01821S07/07/2008

Building Information
Building 1 : Section 1
Year Built: 2004
Living Area: 5,040
Replacement Cost: $497,987
Building Percent Good: 87
Replacement Cost
Less Depreciation:

$433,200
Building Attributes
FieldDescription
Style:Office/Warehs
ModelCommercial
GradeAverage +20
Stories:2
Occupancy8.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseOffice Bldg
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
AOFOffice, (Average) 2,520 2,520
BASFirst Floor 2,520 2,520
CANCanopy 396 0
WDKDeck, Wood 48 0
   5,484 5,040

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED5040.00 S.F.$4,8001
OH-AOH DOORS AVG120.00 S.F.$2,1001
OH-AOH DOORS AVG120.00 S.F.$2,1001

Land
Land Use
Use Code3400
DescriptionOffice Bldg  
ZoneLI
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.39
Frontage0
Depth0
Assessed Value$171,800
Appraised Value$171,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1LIGHTS-IN W/PL  4.00 UNITS$2,8001
SGN1SIGN-1 SD W/M  4.00 S.F.&HGT$1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$400,800$160,600$561,400
2024$387,300$152,900$540,200
2023$353,200$139,000$492,200

Assessment
Valuation YearImprovementsLandTotal
2025$400,800$160,600$561,400
2024$387,300$152,900$540,200
2023$353,200$139,000$492,200

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