7 SALEM ST
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Location
7 SALEM ST
Mblu
4231/ / 141/ /
Acct#
00009598
Owner
NIR SALEM ST LLC
Assessment
$4,271,200
PID
9598
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,455,300$2,815,900$4,271,200

Owner of Record
OwnerNIR SALEM ST LLC
Co-OwnerC/O NEW ENGLAND DEVELOPMENT
Address75 PARK PLAZA #3
BOSTON, MA 02116
Sale Price$8,159,800
Certificate
Book & Page 1786/186
Sale Date12/08/2020
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NIR SALEM ST LLC$8,159,800 1786/1861V12/08/2020
MCCREADY RICHARD J ETAL TRSTS$0 C0017/05209909/25/1996
WINTHROP NANTUCKET L P$0 C0012/0991 03/10/1987

Building Information
Building 1 : Section 1
Year Built: 1975
Living Area: 4,103
Replacement Cost: $1,962,090
Building Percent Good: 72
Replacement Cost
Less Depreciation:
$1,412,700
Building Attributes
FieldDescription
Style:Store
ModelCommercial
GradeAverage +20
Stories:2
Occupancy2.00
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeHeat Pump
Struct Class 
Use:STORE/SHP M94
Total Rooms 
Total Bedrms02
Total Baths1.5
1st Floor Use:0322
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height7.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,850 2,850
FUSUpper Story, Finished 1,152 1,152
EAFAttic, Expansion, Finished 288 101
FOPPorch, Open, Finished 162 0
UUSUpper Story, Unfinished 1,152 0
WDKDeck, Wood 474 0
   6,078 4,103

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET5154.00 S.F.$35,3001

Land
Land Use
Use Code0322
DescriptionSTORE/SHP M94  
ZoneRC
NeighborhoodH47
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.13
Frontage0
Depth0
Assessed Value$2,815,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAT1PATIO-AVG  560.00 S.F.$7,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,455,300$2,815,900$4,271,200
2025$1,390,000$2,559,200$3,949,200
2024$1,324,700$2,437,500$3,762,200
2023$1,292,600$2,215,900$3,508,500
2022$1,233,600$2,014,400$3,248,000

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