480 CHELMSFORD ST
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Location
480 CHELMSFORD ST
Mblu
125/ 1190/ 480/ /
Parcel ID
G11525
Owner
FANEROS ARTHUR J
PBN
Total Market Value
$468,200
Appraisal
$468,200
Internal ID
45801
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$222,400$245,800$468,200
Assessment
Valuation YearImprovementsLandTotal
2026$222,400$245,800$468,200

Owner of Record
OwnerFANEROS ARTHUR J
Co-OwnerFANEROS CHRISTINE
Address114 UNIVERSITY AVE
LOWELL, MA 01854
Sale Price$1
Certificate
Book & Page 04172/0192
Sale Date07/29/1987
Instrument

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FANEROS ARTHUR J$1 04172/0192 07/29/1987

Building Information
Building 1 : Section 1
Year Built: 1965
Living Area: 2,058
Replacement Cost: $297,895
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$217,500
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureShed
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Ceram Clay Til
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseRestaurant/Club
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
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 2,058 2,058
FEPPorch, Enclosed 36 0
UBMBasement, Unfinished 1,050 0
USTUtility, Storage, Unfinished 60 0
   3,204 2,058

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3260
DescriptionRestaurant/Club  
ZoneRR
NeighborhoodC400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.46
Frontage0
Depth0
Total Market Land$245,800
Appraised Value$245,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  4000.00 S.F.$1,8001
SGN2DOUBLE SIDED  88.00 S.F.&HGT$3,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$164,500$229,900$394,400
2024$161,200$219,000$380,200
2023$156,300$199,100$355,400

Assessment
Valuation YearImprovementsLandTotal
2025$164,500$229,900$394,400
2024$161,200$219,000$380,200
2023$156,300$199,100$355,400

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