40 SPRING AVE #3
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Location
40 SPRING AVE #3
Mblu
120/ 5445/ 40/ 3/
Parcel ID
M23115
Owner
ALG RENTAL LLC
PBN
Assessment
$194,900
Appraisal
$194,900
Internal ID
32964
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$194,900$0$194,900
Assessment
Valuation YearImprovementsLandTotal
2026$194,900$0$194,900

Owner of Record
OwnerALG RENTAL LLC
Co-Owner
Address25 REDGATE RD
TEWKSBURY, MA 01876
Sale Price$1
Certificate
Book & Page 00008/0005
Sale Date10/15/2025
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ALG RENTAL LLC$1 00008/00051B10/15/2025
LOWELL CHU REALTY TRUST CHU ZHENWEI TRUSTEE$100 00006/00881F11/14/2016
CHU ZHENWEI$75,000 00005/00961N04/07/2011
HUTCHINS JENNIFER E$152,000 00U4/01290010/18/2004

Building Information
Building 1 : Section 1
Year Built: 1986
Living Area: 840
Replacement Cost: $237,642
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$194,900
Building Attributes
FieldDescription
Style:Condominium
ModelRes Condo
Stories:2 Stories
GradeAverage
Occupancy1
Interior Wall 1:Drywall/Sheet
Interior Wall 2: 
Interior Floor 1Hardwood
Interior Floor 2Ceram Clay Til
Heat Fuel:Electric
Heat Type:Electr Basebrd
AC Type:Unit/AC
Ttl Bedrms:2 Bedrooms
Ttl Bathrms:1 Full
Ttl Half Bths:0
Xtra Fixtres 
Total Rooms:4 Rooms
Bath Style:Average
Kitchen Style:Average
Kitchen Type00
Kitchen Func00
Primary Bldg Use 
Htwtr Type00
Atypical 
Park TypeN
Park OwnN
Park TandemN
Fireplaces 
Num Part Bedrm 
Base Flr Pm 
Num Park00
Pct Low Ceiling 
Unit Locn 
GradeAverage
Stories:2
Residential Units:4
Exterior Wall 1:Clapboard
Exterior Wall 2: 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Cmrcl Units:0
Res/Com Units:0
Section #: 
Parking Spaces 
Section Style: 
Foundation 
Security: 
Cmplx Cnd 
Xtra Field 1: 
Remodel Ext: 
SuperR206
Grade 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 840 840
PTOPatio 80 0
   920 840

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1020
DescriptionCondo Garden  
ZoneTSF
NeighborhoodCON
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Frontage0
Depth0
Assessed Value$0
Appraised Value$0

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$183,000$0$183,000
2024$166,000$0$166,000
2023$146,300$0$146,300

Assessment
Valuation YearImprovementsLandTotal
2025$183,000$0$183,000
2024$166,000$0$166,000
2023$146,300$0$146,300

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