48-50 STATE ST
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Location
48-50 STATE ST
MBLU
4/ 9/ / /
Owner
AGAVE REALTY LLC
Assessment
$954,600
PID
125
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$301,900$652,700$954,600

Owner of Record
OwnerAGAVE REALTY LLC
Co-Owner
Address50 STATE ST
NEWBURYPORT, MA 01950
Sale Price$500,000
Certificate
Book & Page 21969/0385
Sale Date10/24/2003
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AGAVE REALTY LLC$500,000 21969/03850010/24/2003
MAGNOLIA INVESTMENTS INC$300,500 14081/06010004/30/1997
SHRAYER ALAN C. TR.$223,786 11139/00161L02/14/1992
MAFFEI ROGER A TRUSTEE$0 06644/0123 10/18/1979

Building Information
Building 1 : Section 1
Year Built: 1800
Living Area: 3,036
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage +10
Stories:3
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelElectric
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseREST/CLUBS
Total Rooms 
Total Bedrms00
Total Baths0
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 2,024 2,024
BASFirst Floor 1,012 1,012
FBMBasement, Finished 1,012 0
   4,048 3,036

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL3FIREPLACE 2 ST1.00 UNITS$2,3001
CLR1COOLER100.00 S.F.$5,4001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS  
Land Line Valuation
Size (Acres)0.02
Depth0
Assessed Value$652,700

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$288,800$610,000$898,800
2024$277,900$580,900$858,800
2023$273,500$528,100$801,600

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