551 DOUGLAS RD
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Location
551 DOUGLAS RD
Mblu
253/ 1840/ 551/ /
Parcel ID
T06435
Owner
B&W ALLEN LLC
PBN
Assessment
$4,869,900
Appraisal
$4,869,900
Internal ID
42865
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$3,879,900$990,000$4,869,900
Assessment
Valuation YearImprovementsLandTotal
2026$3,879,900$990,000$4,869,900

Owner of Record
OwnerB&W ALLEN LLC
Co-OwnerC/O HERITAGE PROPERTIES
Address142 MIDDLE ST
LOWELL, MA 01852
Sale Price$100
Certificate
Book & Page 16624/0068
Sale Date12/08/2003
Instrument1A

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
B&W ALLEN LLC$100 16624/00681A12/08/2003
TRS B&W ALLEN TRUST$900,000 02775/0306UNKQ06/15/1984

Building Information
Building 1 : Section 1
Year Built: 1965
Living Area: 22,221
Replacement Cost: $5,311,241
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$3,877,200
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +10
Stories:3
Occupancy30.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Struct Class 
Bldg UseApt 9 Units and Up C
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACNONE
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 7,936 7,936
FUSUpper Story, Finished 7,936 7,936
SFBBsmt, Fin Above Grade 7,936 6,349
   23,808 22,221

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionApt 9 Units and Up C  
ZoneRR
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.72
Frontage0
Depth0
Assessed Value$990,000
Appraised Value$990,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  6000.00 S.F.$2,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,542,800$924,000$4,466,800
2024$3,375,600$862,500$4,238,100
2023$3,207,000$750,000$3,957,000

Assessment
Valuation YearImprovementsLandTotal
2025$3,542,800$924,000$4,466,800
2024$3,375,600$862,500$4,238,100
2023$3,207,000$750,000$3,957,000

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