40 S POLICY ST
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Location
40 S POLICY ST
Mblu
97/ / 4000/ /
Acct#
Owner
RULLO FRANK & SUSAN TRUSTEES
Total Market Value
$380,700
Appraisal
$380,700
PID
7159
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$163,700$217,000$380,700
Assessment
Valuation YearImprovementsLandTotal
2025$163,700$217,000$380,700

Owner of Record
OwnerRULLO FRANK & SUSAN TRUSTEES
Co-OwnerRULLO REALTY TRUST
Address14 STONE POST RD
SALEM, NH 03079-2241
Sale Price$200,000
Certificate
Book & Page 5243/2270
Sale Date09/14/2011
InstrumentUNKQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RULLO FRANK & SUSAN TRUSTEES$200,000 5243/2270UNKQ09/14/2011
LEMERE RONALD$0 3077/0116 10/27/1994
BROWN FREDERICK E$0 3009/0838 09/29/1993
RAYMOND PARK ASSOCIATES$0 2642/0018 11/07/1986
WESTCOTT REALTY CORP$0 2329/0274 12/20/1978

Building Information
Building 1 : Section 1
Year Built: 1979
Living Area: 1,648
Replacement Cost: $240,531
Replacement Cost
Less Depreciation:
$149,100
Building Attributes
FieldDescription
Style:Office Bldg
ModelComm/Ind
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms4
Total Bedrms0
Total Baths1.5
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,648 1,648
FBMBasement, Finished 140 0
FEPPorch, Enclosed, Finished 193 0
SLBSlab 384 0
UBMBasement, Unfinished 1,124 0
WDKDeck, Wood 83 0
   3,572 1,648

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneRES
Neighborhood400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.82
Frontage0
Depth0
Total Market Land$217,000
Appraised Value$217,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
FGR1GARAGE-AVE  936.00 S.F.$14,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$163,700$217,000$380,700
2024$163,700$217,000$380,700
2023$163,700$217,000$380,700

Assessment
Valuation YearImprovementsLandTotal
2025$163,700$217,000$380,700
2024$163,700$217,000$380,700
2023$163,700$217,000$380,700

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