505 MAIN ST
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Location
505 MAIN ST
Mblu
033/ / 001/ 001/000
Acct#
C0070R
Owner
CRT VII LLC
Total Market Value
$1,347,800
PID
2237
Building Count
1
User Field 4
15
User Field 5
Topography
Utility
Public Sewer,Public Water
Location
Street/Road
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$574,800$773,000$1,347,800

Owner of Record
OwnerCRT VII LLC
Co-Owner
Address280 MERRIMACK ST
METHUEN, MA 01844
Sale Price$0
Certificate
Book & Page 16587/0136
Sale Date04/30/2013
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CRT VII LLC$0 16587/01361B04/30/2013
CAFUA FERNANDO TRUSTEE$1,000,000 11249/030120112/12/2001
FIVE HUNDRED FIVE MAIN ST$312,500 4939/0201UNKQ12/27/1988

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 2,101
Replacement Cost: $668,879
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$548,500
Building Attributes
FieldDescription
Style:Fast Food Chain
ModelCommercial
GradeGood
Stories:1
Occupancy 
Exterior Wall 1Stucco/Masonry
Exterior Wall 2Clapboard
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseFAST FOOD
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3830
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAbove Average
Ceiling/WallSuspend Ceiling/Walls
Rooms/PrtnsAbove Average
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,101 2,101
   2,101 2,101

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
DUW1DRIVE-UP WINDW1.00 UNITS$9,0001
CLR1COOLER64.00 S.F.$1,5001
CLR2FREEZER TEMPS80.00 S.F.$2,8001

Land
Land Use
Use Code3830
DescriptionFAST FOOD  
ZoneHB
NeighborhoodCOM4
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.53
Frontage
Depth
Total Market Land$773,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  6000.00 S.F.$9,0001
SGN3W/INT LIGHTS  14.00 S.F.&HGT$2,1001
LT5MERC VAP/FLU  2.00 UNITS$1,9001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$574,800$773,000$1,347,800
2024$490,700$712,200$1,202,900
2023$490,700$712,200$1,202,900
2022$490,700$542,300$1,033,000
Visit History
Visit History
Visit DatePurpose of VisitNotes
11/8/2024Measur+Listed 
11/30/2010INSULATION INSPECTION 
11/23/2010Framing 
11/18/2010PLUMBING SUB SLAB 
7/21/2009ComplaintROOF LEAK, ELECTRICAL PROBLEM, SEE CEO FILE FOR ACTION TAKEN

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