39 MYRTLE ST
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Location
39 MYRTLE ST
Mblu
197/ 4250/ 39/ /
Parcel ID
U00245
Owner
THE VARNUM SCHOOL LLC
PBN
Assessment
$5,384,000
Appraisal
$5,384,000
Internal ID
39270
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$4,493,000$891,000$5,384,000
Assessment
Valuation YearImprovementsLandTotal
2026$4,493,000$891,000$5,384,000

Owner of Record
OwnerTHE VARNUM SCHOOL LLC
Co-Owner
AddressPO BOX 58
DRACUT , MA 01826
Sale Price$2,900,000
Certificate
Book & Page 31872/0159
Sale Date02/16/2018
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
THE VARNUM SCHOOL LLC$2,900,000 31872/01590002/16/2018
UNDERWOOD PROPERTY MANAGEMENT & DEV LLC$285,500  /00001E08/14/2013
CITY OF LOWELL$0 00286/0366  

Building Information
Building 1 : Section 1
Year Built: 1857
Living Area: 33,319
Replacement Cost: $7,446,784
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$4,468,100
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:3
Occupancy27.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverSlate
Interior Wall 1Plastered
Interior Wall 2Drywall/Sheet
Interior Floor 1Hardwood
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Struct Class 
Bldg UseApt 9 Units and Up C
Total Rooms0
Total Bedrms45
Total Baths27
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height0.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 19,865 19,865
BASFirst Floor 13,454 13,454
ENTBasement Entry 66 0
FOPPorch, Open 140 0
UBMBasement, Unfinished 13,454 0
UHSHalf Story, Unfinished 5,124 0
   52,103 33,319

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET51827.00 S.F.$24,9001

Land
Land Use
Use Code1120
DescriptionApt 9 Units and Up C  
ZoneTTF
Neighborhood6002
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.09
Frontage0
Depth0
Assessed Value$891,000
Appraised Value$891,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,104,400$831,600$4,936,000
2024$3,910,100$776,300$4,686,400
2023$3,715,800$675,000$4,390,800

Assessment
Valuation YearImprovementsLandTotal
2025$4,104,400$831,600$4,936,000
2024$3,910,100$776,300$4,686,400
2023$3,715,800$675,000$4,390,800

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