25 WATER ST
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Location
25 WATER ST
Mblu
038/ / 015/ 000/000
Acct#
G0020R
Owner
LORD PEPPERELL APARTMENTS LLC
Total Market Value
$6,195,200
PID
2806
Building Count
1
User Field 4
15
User Field 5
Topography
,River Overlay
Utility
Public Sewer,Public Water
Location
Street/Road
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$5,862,300$332,900$6,195,200

Owner of Record
OwnerLORD PEPPERELL APARTMENTS LLC
Co-Owner
Address100 CUMMINGS CENTER
SUITE 224-G
BEVERLY, MA 01915
Sale Price$0
Certificate
Book & Page 19111/689
Sale Date09/09/2022
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LORD PEPPERELL APARTMENTS LLC$0 19111/6891B09/09/2022
G & S ASSOC$0 2469/0213 01/30/1979

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 57,258
Replacement Cost: $7,169,249
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$5,735,400
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:4
Occupancy66.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Plywood Panel
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Inlaid Sht Gds
Heating FuelElectric
Heating TypeElectr Basebrd
AC TypeNone
Bldg UseAPT OVER 8 C
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:112C
Heat/ACFHW/BSBD
Frame TypeSteel
Baths/PlumbingAbove Average
Ceiling/WallCeiling /Walls
Rooms/PrtnsAbove Average
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 54,036 54,036
BASFirst Floor 3,222 3,222
CANCanopy 3,722 0
FOPPorch, Open, Finished 6,937 0
UGRGarage, Under 7,569 0
   75,486 57,258

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET75486.00 S.F.$90,6001
ELV1PASS ELEV1.00 UNITS$23,5001

Land
Land Use
Use Code1122
DescriptionAPT OVER 8 C  
ZoneD
NeighborhoodCOM2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.82
Frontage
Depth
Total Market Land$332,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  8500.00 S.F.$12,8001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$5,862,300$332,900$6,195,200
2024$4,595,700$1,083,700$5,679,400
2023$4,595,700$1,083,700$5,679,400
2022$4,595,700$823,000$5,418,700
Visit History
Visit History
Visit DatePurpose of VisitNotes
3/3/2025Assessor Reviewed 
1/2/2025Measur+Listed 

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