438 S BROADWAY
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Location
438 S BROADWAY
Mblu
144/ / 188/ /
Acct#
Owner
HEG 438 SOUTH BROADWAY LLC
Total Market Value
$807,300
Appraisal
$807,300
PID
11488
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$198,300$609,000$807,300
Assessment
Valuation YearImprovementsLandTotal
2025$198,300$609,000$807,300

Owner of Record
OwnerHEG 438 SOUTH BROADWAY LLC
Co-Owner
Address2 INTERNATIONAL WAY
LAWRENCE, MA 01843-1064
Sale Price$0
Certificate
Book & Page 5594/1831
Sale Date01/31/2015

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
HEG 438 SOUTH BROADWAY LLC$0 5594/183101/31/2015
ARF REALTY LLC$0 4260/070903/08/2004
ARF REALTY LLC$0 4210/027612/15/2003
MARTIN GARABEDIAN TRUSTEE$0 2775/198412/27/1988
JUNIPER REALTY INC$0 2264/000708/17/1976

Building Information
Building 1 : Section 1
Year Built: 1967
Living Area: 2,680
Replacement Cost: $320,957
Replacement Cost
Less Depreciation:

$186,200
Building Attributes
FieldDescription
Style:Restaurant
ModelComm/Ind
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Plywood Panel
Interior Wall 2Drywall/Sheet
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseREST/CLUBS MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 2,394 2,394
FATAttic, Finished 1,142 286
SLBSlab 2,394 0
   5,930 2,680

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
CLR1COOLER48.00 S.F.$7001
CLR2FREEZER TEMPS48.00 S.F.$9001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS MDL-94  
ZoneCIC
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.57
Frontage0
Depth0
Total Market Land$609,000
Appraised Value$609,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  10500.00 S.F.$10,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$198,300$609,000$807,300
2024$198,300$609,000$807,300
2023$198,300$609,000$807,300

Assessment
Valuation YearImprovementsLandTotal
2025$198,300$609,000$807,300
2024$198,300$609,000$807,300
2023$198,300$609,000$807,300

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