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500 SARGENT DR
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Location
500 SARGENT DR
Mblu
205/ 1304/ 01801/ /
Acct#
205 1304 01801
Owner
500 LLC
Total Market Value
$11,491,550
Appraisal
$16,416,500
PID
108067
Building Count
1
Current Value
Appraisal
Valuation Year
Improvements
Land
Total
2025
$15,254,200
$1,162,300
$16,416,500
Assessment
Valuation Year
Improvements
Land
Total
2025
$10,677,940
$813,610
$11,491,550
Owner of Record
Owner
500 LLC
Co-Owner
Address
21 BRIDGE SQUARE STE 360
WESTPORT, CT 06880
Sale Price
$1,200,000
Certificate
Book & Page
9953/0170
Sale Date
01/03/2020
Instrument
25
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
500 LLC
$1,200,000
9953/0170
25
01/03/2020
IKEA PROPERTY INC
$19,750,000
6367/0142
7
03/20/2003
Building Information
Building 1 : Section 1
Year Built:
1970
Living Area:
102,510
Replacement Cost:
$19,207,914
Building Percent Good:
75
Replacement Cost
Less Depreciation:
$14,405,900
Building Attributes
Field
Description
Style:
Hotel
Model
Commercial
Grade
Excellent
Stories:
7
Occupancy
165.00
Exterior Wall 1
Pre-cast Concr
Exterior Wall 2
Roof Structure
Flat
Roof Cover
T&G/Rubber
Interior Wall 1
Drywall/Plaste
Interior Wall 2
Interior Floor 1
Ceram Clay Til
Interior Floor 2
Carpet
Heating Fuel
Electric
Heating Type
Heat pump
AC Type
Heat Pump
Bldg Use
HOTELS MDL-94
Total Rooms
Total Bedrms
00
Total Baths
0
NBHD Code
1st Floor Use:
3400
Heat/AC
HEAT/AC PKGS
Frame Type
FIREPRF STEEL
Baths/Plumbing
AVERAGE
Ceiling/Wall
CEIL & WALLS
Rooms/Prtns
AVERAGE
Wall Height
12.00
% Comn Wall
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
FUS
Finished Upper Story
91,800
87,210
BAS
First Floor
15,300
15,300
SLB
Slab
15,300
0
122,400
102,510
Extra Features
Extra Features
Code
Description
Size
Value
Assessed Value
Bldg #
ELV2
PASS ELEV
7.00 STOPS
$162,800
$113,960
1
SPR2
WET/CONCEALED
107000.00 S.F.
$331,700
$232,190
1
ELV2
PASS ELEV
7.00 STOPS
$162,800
$113,960
1
Land
Land Use
Use Code
3000
Description
HOTELS MDL-94
Zone
PDD 100
Neighborhood
SAR
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
1.80
Frontage
1
Depth
0
Total Market Land
$813,610
Appraised Value
$1,162,300
Outbuildings
Outbuildings
Code
Description
Sub Code
Sub Description
Size
Value
Assessed Value
Bldg #
PAV1
PAVING-ASPHALT
59800.00 S.F.
$183,900
$128,730
1
LT10
W/DOUBLE LIGHT
3.00 UNITS
$7,100
$4,970
1
Valuation History
Appraisal
Valuation Year
Improvements
Land
Total
2025
$15,254,200
$1,162,300
$16,416,500
2024
$15,254,200
$1,162,300
$16,416,500
2023
$15,254,200
$1,162,300
$16,416,500
Assessment
Valuation Year
Improvements
Land
Total
2025
$10,677,940
$813,610
$11,491,550
2024
$10,677,940
$813,610
$11,491,550
2023
$10,677,940
$813,610
$11,491,550
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