55 PHOENIX AVE
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Location
55 PHOENIX AVE
Mblu
254/ 4635/ 55/ /
Parcel ID
N02790
Owner
PHOENIX AVE REALTY LLC
PBN
Assessment
$1,233,600
Appraisal
$1,233,600
Internal ID
42879
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$1,093,100$140,500$1,233,600
Assessment
Valuation YearImprovementsLandTotal
2026$1,093,100$140,500$1,233,600

Owner of Record
OwnerPHOENIX AVE REALTY LLC
Co-Owner
Address77 CONCORD ST
NORTH READING, MA 01864
Sale Price$4,700,000
Certificate
Book & Page 38191/0109
Sale Date11/15/2023
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PHOENIX AVE REALTY LLC$4,700,000 38191/01091V11/15/2023
PHOENIX AVENUE LLC$1 22035/01341A03/21/2008
MATHEWS FRANK A$1 07082/0249 05/19/1994

Building Information
Building 1 : Section 1
Year Built: 2024
Living Area: 15,900
Replacement Cost: $894,057
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$885,100
Building Attributes
FieldDescription
Style:Pre-Eng Warehs
ModelCommercial
GradeAverage
Stories:4
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseWarehouse/Dist/Storage
Total Rooms6
Total Bedrms00
Total Baths6
1st Floor Use:3160
Heat/ACNONE
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
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
BASFirst Floor 13,900 13,900
AOFOffice, (Average) 2,000 2,000
   15,900 15,900

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZANINE-UNF2000.00 S.F.$15,8001
MSC269HOIST/CRANE1.00 UNIT$172,3001
OH-AOH DOORS AVG100.00 S.F.$2,0001
OH-AOH DOORS AVG100.00 S.F.$2,0001
OH-AOH DOORS AVG100.00 S.F.$2,0001
OH-AOH DOORS AVG140.00 S.F.$2,8001
SPR1SPRINKLERS-WET14000.00 S.F.$11,1001

Land
Land Use
Use Code3160
DescriptionWarehouse/Dist/Storage  
ZoneLI
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.78
Frontage0
Depth0
Assessed Value$140,500
Appraised Value$140,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$338,900$165,500$504,400
2024$333,700$157,500$491,200
2023$305,600$139,400$445,000

Assessment
Valuation YearImprovementsLandTotal
2025$338,900$165,500$504,400
2024$333,700$157,500$491,200
2023$305,600$139,400$445,000

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