40 RESEARCH PARKWAY
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Location
40 RESEARCH PARKWAY
MBLU
039/ 008/ 0002/ /
Acct#
00466600
Owner
JACARUSO INDUSTRIES LLC
Assessment
$1,060,300
Appraisal
$1,514,600
PID
2087
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$1,146,400$368,200$1,514,600
Assessment
Valuation YearImprovementsLandTotal
2023$802,500$257,800$1,060,300

Owner of Record
OwnerJACARUSO INDUSTRIES LLC
Co-Owner
Address40 RESEARCH PKWY

OLD SAYBROOK, CT 06475
Sale Price$1,400,000
Certificate
Book & Page 688/718
Sale Date12/20/2023
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
STARK PROPERTIES LLC$1,400,000 0607/09060008/26/2015
ERICKSON DOROTHY A$0 0607/0903 08/26/2015
ERICKSON DOROTHY A$0 0433/0637 05/06/2003
ERICKSON RONALD K EST & DOROTHY A$0 0311/0177 10/25/1993

Building Information
Building 1 : Section 1
Year Built: 1970
Living Area: 21,131
Building Attributes
FieldDescription
Style:Ind/Offc/Whs
ModelInd/Lg Com
GradeAverage
Stories:1
Occupancy4.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseINDUSTRIAL -96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsABOVE AVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 16,231 16,231
AOFOffice, (Average) 4,900 4,900
CANCanopy 192 0
CLPLoading Platform, Finished 225 0
FOPPorch, Open, Finished 60 0
   21,608 21,131

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET7000.00 S.F.$11,4001
LDL1LOAD LEVELERS2.00 UNITS$4,6001

Land
Land Use
Use Code4000
DescriptionINDUSTRIAL -96  
ZoneI1
NeighborhoodBPK
Land Line Valuation
Size (Acres)3.6
Depth0
Assessed Value$257,800
Appraised Value$368,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  19000.00 S.F.$28,5001
LT1LIGHTS-IN W/PL  1.00 UNITS$3001
LT2W/DOUBLE LIGHT  1.00 UNITS$6001
PAT2PATIO-GOOD  300.00 S.F.$2,3001
FN3FENCE-6' CHAIN  200.00 L.F.$1,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$1,146,400$368,200$1,514,600
2022$1,162,000$319,100$1,481,100
2021$1,162,000$319,100$1,481,100

Assessment
Valuation YearImprovementsLandTotal
2023$802,500$257,800$1,060,300
2022$813,600$223,300$1,036,900
2021$813,600$223,300$1,036,900

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