15 FREETOWN ROAD
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Location
15 FREETOWN ROAD
Mblu
028/004 / 011/ /
Acct#
002101
Owner
VERNCO IDEAL TRUST
Assessment
$4,034,800
Appraisal
$4,034,800
PID
1949
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2019$2,779,500$1,255,300$4,034,800
Assessment
Valuation YearImprovementsLandTotal
2019$2,779,500$1,255,300$4,034,800

Owner of Record
OwnerVERNCO IDEAL TRUST
Co-OwnerGEORGE C VERNET III / TRUSTEE
Address70 WASHINGTON STREET
SUITE 310
SALEM, MA 01970
Sale Price$5,000,000
Certificate
Book & Page 4355/0220
Sale Date08/31/2004
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
VERNCO IDEAL TRUST$5,000,000 4355/02200008/31/2004
MARELD CO, INC$0 2602/1595 05/15/1986

Building Information
Building 1 : Section 1
Year Built: 1972
Living Area: 79,093
Replacement Cost: $5,587,208
Building Percent Good: 40
Replacement Cost
Less Depreciation:
$2,234,900
Building Attributes
FieldDescription
Style:Shop Center LO
ModelComm/Ind
GradeAverage
Stories:1
Occupancy9.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2Minim/Masonry
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseSTORE/SHOP MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:322C
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 79,093 79,093
CANCanopy 6,288 0
FEPPorch, Enclosed, Finished 108 0
FGRGarage,Framed 1,500 0
   86,989 79,093
Building 2 : Section 1
Year Built: 1988
Living Area: 4,200
Replacement Cost: $194,040
Building Percent Good: 24
Replacement Cost
Less Depreciation:
$46,600
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Pre-Eng Warehs
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseSTORE/SHOP MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3220
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsLIGHT
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,200 4,200
   4,200 4,200

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET79093.00 S.F.$79,1001
LDL1LOAD LEVELERS1.00 UNITS$1,5001
MEZ1MEZZANINE-UNF4500.00 S.F.$32,4001
MEZ3W/PARTITIONS4500.00 S.F.$59,4001

Land
Land Use
Use Code322C
DescriptionSTORE/SHOP MDL-94  
ZoneC1
Neighborhood800
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.95
Frontage0
Depth0
Assessed Value$1,255,300
Appraised Value$1,255,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  250000.00 S.F.$312,5001
LT12W/FOUR LIGHTS  5.00 UNITS$13,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,779,500$1,255,300$4,034,800
2024$2,779,500$1,255,300$4,034,800
2023$2,779,500$1,255,300$4,034,800

Assessment
Valuation YearImprovementsLandTotal
2025$2,779,500$1,255,300$4,034,800
2024$2,779,500$1,255,300$4,034,800
2023$2,779,500$1,255,300$4,034,800

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