346 SOMERVILLE AVE
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Location
346 SOMERVILLE AVE
Mblu
74/ B/ 13/ /
Acct#
16520214
Owner
JMC/STM UNION SQUARE LLC
Assessment
$47,576,600
PID
1148
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$41,620,100$5,956,500$47,576,600

Owner of Record
OwnerJMC/STM UNION SQUARE LLC
Co-Owner
Address100 GRANDVIEW ROAD, SUITE 207
BRAINTREE, MA 02184
Sale Price$9,000,000
Certificate
Book & Page 1563/0193
Sale Date10/15/2020
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
JMC/STM UNION SQUARE LLC$9,000,000 1563/01931B10/15/2020
PALMAC REALTY CORP$20,000 14535/0520  

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 66,207
Replacement Cost: $41,441,112
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$41,441,100
Building Attributes
FieldDescription
Style:Mid Rise Apartments
ModelCommercial
GradeLuxurious
Stories:6
Occupancy95.00
Exterior Wall 1Precast Panel
Exterior Wall 2Stone/Masonry
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Pergo Floor
Interior Floor 2Ceram Clay Til
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8
Total Rooms188
Total Bedrms94
Total Baths94
Extra Kitch'1 Extra
1st Floor Use:0322
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height10.00
% Comn Wall12.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 48,877 48,877
BASFirst Floor 9,628 9,628
SFBBase, Semi-Finished 9,628 7,702
FOPPorch, Open, Finished 232 0
ODKOpen deck 2,358 0
PTOPatio 781 0
   71,504 66,207

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEV-PASS 2-32.00 UNITS$172,0001
FPLFIREPLACE GAS2.00 UNITS$7,0001

Land
Land Use
Use Code0112
DescriptionAPT OVER 8  
ZoneMR5
Neighborhood2000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.49
Frontage0
Depth0
Assessed Value$5,956,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$41,620,100$5,956,500$47,576,600
2025$27,362,300$5,640,000$33,002,300
2024$13,961,600$7,331,900$21,293,500

Regarding Parcel: Mblu : 74/ B/ 13/ / Location : 346 SOMERVILLE AVE

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