40 ROUTE 27
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Location
40 ROUTE 27
Mblu
029/000 / 070/ /
Acct#
001978
Owner
FIRST RAYMOND ASSOCIATES, LLC
Assessment
$4,992,500
Appraisal
$4,992,500
PID
1837
Building Count
4
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2019$4,096,400$896,100$4,992,500
Assessment
Valuation YearImprovementsLandTotal
2019$4,096,400$896,100$4,992,500

Owner of Record
OwnerFIRST RAYMOND ASSOCIATES, LLC
Co-Owner
Address80 NASHUA ROAD, SUITE A4
LONDONDERRY, NH 03053
Sale Price$10,000,000
Certificate
Book & Page 6577/1461
Sale Date10/01/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FIRST RAYMOND ASSOCIATES, LLC$10,000,000 6577/14610010/01/2024
40 ROUTE 27, LLC$6,700,000 6047/28440010/15/2019
SUNVIEW APARTMENTS NOM. TRUST$0 4377/29461A08/16/2004
D & S REALTY TRUST$2,800,000 3277/07600003/20/1998

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 25,740
Replacement Cost: $3,266,083
Building Percent Good: 4
Replacement Cost
Less Depreciation:

$130,600
Building Attributes
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:3
Occupancy24.00
Exterior Wall 1Cedar or Redwd
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSUpper Story, Finished 17,160 17,160
BASFirst Floor 8,580 8,580
FEPPorch, Enclosed, Finished 324 0
FOPPorch, Open 2,875 0
USTUtility, Storage, Unfinished 2,304 0
   31,243 25,740
Building 2 : Section 1
Year Built: 1989
Living Area: 25,740
Replacement Cost: $3,266,083
Building Percent Good: 64
Replacement Cost
Less Depreciation:

$2,090,300
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:3
Occupancy24.00
Exterior Wall 1Cedar or Redwd
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSUpper Story, Finished 17,160 17,160
BASFirst Floor 8,580 8,580
FEPPorch, Enclosed, Finished 324 0
FOPPorch, Open 2,875 0
USTUtility, Storage, Unfinished 2,304 0
   31,243 25,740
Building 3 : Section 1
Year Built: 1989
Living Area: 19,890
Replacement Cost: $2,563,772
Building Percent Good: 64
Replacement Cost
Less Depreciation:

$1,640,800
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:3
Occupancy18.00
Exterior Wall 1Cedar or Redwd
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSUpper Story, Finished 13,260 13,260
BASFirst Floor 6,630 6,630
FEPPorch, Enclosed, Finished 324 0
FOPPorch, Open 2,340 0
USTUtility, Storage, Unfinished 1,920 0
   24,474 19,890
Building 4 : Section 1
Year Built: 1989
Living Area: 2,700
Replacement Cost: $270,373
Building Percent Good: 19
Replacement Cost
Less Depreciation:

$51,400
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Clubs/Lodges
ModelComm/Ind
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Cedar or Redwd
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 1,350 1,350
FUSUpper Story, Finished 1,350 1,350
CANCanopy 180 0
FOPPorch, Open 240 0
   3,120 2,700

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET19890.00 S.F.$31,8003
SPR1SPRINKLERS-WET25740.00 S.F.$41,2002
SPR1SPRINKLERS-WET2700.00 S.F.$1,3004
SPR1SPRINKLERS-WET25740.00 S.F.$2,6001

Land
Land Use
Use Code1120
DescriptionAPT OVER 8 MDL-94  
ZoneC2
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)24
Frontage0
Depth0
Assessed Value$896,100
Appraised Value$896,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  100000.00 S.F.$100,0001
LNTLEAN-TO  60.00 S.F.$5001
LNTLEAN-TO  60.00 S.F.$5001
FGR1GARAGE-AVE  320.00 S.F.$5,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,096,400$896,100$4,992,500
2024$4,096,400$896,100$4,992,500
2023$4,096,400$896,100$4,992,500

Assessment
Valuation YearImprovementsLandTotal
2025$4,096,400$896,100$4,992,500
2024$4,096,400$896,100$4,992,500
2023$4,096,400$896,100$4,992,500

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