506 GORHAM ST
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Location
506 GORHAM ST
Mblu
182/ 2675/ 506/ /
Parcel ID
C15230
Owner
ARK PROPERTIES LLC
PBN
Assessment
$494,300
Appraisal
$494,300
Internal ID
47060
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$360,500$133,800$494,300
Assessment
Valuation YearImprovementsLandTotal
2026$360,500$133,800$494,300

Owner of Record
OwnerARK PROPERTIES LLC
Co-OwnerNESTWISE MANAGEMENT SERVICES LLC
Address41 OSBORNE HILL DR
SALEM, MA 01852
Sale Price$525,000
Certificate
Book & Page 38994/0214
Sale Date12/10/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARK PROPERTIES LLC$525,000 38994/02140012/10/2024
506 REALTY TRUST PERRAULT CYNTHIA M TRUSTEE$35,000 07477/00801S05/12/1995
BALTIC REALTY CORP TRUSTEE$0  /0000  

Building Information
Building 1 : Section 1
Year Built: 1910
Living Area: 3,476
Replacement Cost: $888,285
Building Percent Good: 40
Replacement Cost
Less Depreciation:
$355,300
Building Attributes
FieldDescription
Style:4 to 8 Family
ModelResidential
Grade:Average
Stories:2 1/2 Stories
Occupancy5
Exterior Wall 1Asbest Shingle
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Pergo
Interior Flr 2Carpet
Heat FuelGas
Heat Type:Steam
AC Type:None
Total Bedrooms:6 Bedrooms
Total Bthrms:5
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:17 Rooms
Bath Style:Average
Kitchen Style:Average
Num Kitchens05
Cndtn 
Num Park 
Fireplaces 
Fndtn Cndtn 
Basement 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,443 1,443
FUSUpper Story, Finished 1,428 1,428
FHSHalf Story, Finished 1,008 605
UBMBasement, Unfinished 1,428 0
   5,307 3,476

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1110
DescriptionApt 4 to 8 Units R  
ZoneTTF
Neighborhood1004
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.13
Frontage0
Depth0
Assessed Value$133,800
Appraised Value$133,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR1GARAGE-AVE  651.00 S.F.$5,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$485,500$125,000$610,500
2024$467,800$112,800$580,600
2023$467,800$98,100$565,900

Assessment
Valuation YearImprovementsLandTotal
2025$485,500$125,000$610,500
2024$467,800$112,800$580,600
2023$467,800$98,100$565,900

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