437 E MERRIMACK ST
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Location
437 E MERRIMACK ST
Mblu
218/ 1950/ 437/ /
Parcel ID
P06446
Owner
MILL FALLS LLC
PBN
Assessment
$3,941,000
Appraisal
$3,941,000
Internal ID
40602
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$3,149,000$792,000$3,941,000
Assessment
Valuation YearImprovementsLandTotal
2026$3,149,000$792,000$3,941,000

Owner of Record
OwnerMILL FALLS LLC
Co-Owner
Address605 PAWTUCKET BLVD UNIT 16
LOWELL, MA 01854
Sale Price$4,700,000
Certificate
Book & Page 25808/0040
Sale Date03/16/2012
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MILL FALLS LLC$4,700,000 25808/00401V03/16/2012
TRS LAKESHORE REALTY NOMINEE TRS$1 02354/0046 03/14/1979

Building Information
Building 1 : Section 1
Year Built: 1975
Living Area: 18,547
Replacement Cost: $4,067,584
Building Percent Good: 77
Replacement Cost
Less Depreciation:
$3,132,000
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:3
Occupancy24.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick/Masonry
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Struct Class 
Bldg UseApt 9 Units and Up C
Total Rooms 
Total Bedrms35
Total Baths24
1st Floor Use:1120
Heat/ACHEAT/AC PKGS
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 6,624 6,624
FUSUpper Story, Finished 6,624 6,624
SFBBsmt, Fin Above Grade 6,624 5,299
FOPPorch, Open 800 0
PTOPatio 160 0
   20,832 18,547

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET19872.00 S.F.$12,2001

Land
Land Use
Use Code1120
DescriptionApt 9 Units and Up C  
ZoneTMF
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.35
Frontage0
Depth0
Assessed Value$792,000
Appraised Value$792,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  10000.00 S.F.$4,5001
SGN1SIGN-1 SD W/M  14.00 S.F.&HGT$3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,876,700$739,200$3,615,900
2024$2,740,500$690,000$3,430,500
2023$2,604,300$600,000$3,204,300

Assessment
Valuation YearImprovementsLandTotal
2025$2,876,700$739,200$3,615,900
2024$2,740,500$690,000$3,430,500
2023$2,604,300$600,000$3,204,300

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