425 BROADWAY
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Location
425 BROADWAY
Mblu
47/ H/ 29/ /
Acct#
00880001
Owner
THE SUMMIT LLC
Assessment
$7,214,600
PID
657
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$5,782,100$1,432,500$7,214,600

Owner of Record
OwnerTHE SUMMIT LLC
Co-Owner
Address54 HIGHLAND AVE
SOMERVILLE, MA 02143
Sale Price$1
Certificate
Book & Page 26982/0301
Sale Date01/13/1997
Instrument1F

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
THE SUMMIT LLC$1 26982/03011F01/13/1997
FAULKNER JR BURTON F$2,100,000 26840/01811O11/18/1996
SUMMIT HOLDING INC$1,215,000 21598/0369F12/11/1991
PINAK MAITRA$0  /0  

Building Information
Building 1 : Section 1
Year Built: 1974
Living Area: 23,824
Replacement Cost: $7,064,906
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$5,369,300
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +10
Stories:7
Occupancy25.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
Extra Kitch' 
1st Floor Use:112C
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 20,488 20,488
BASFirst Floor 3,336 3,336
FGRGarage, Finished 1,840 0
FOPPorch, Open, Finished 3,480 0
UBMBasement, Unfinished 1,936 0
WDKDeck, Wood 1,348 0
   32,428 23,824

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEV-PASS 2-31.00 UNITS$65,4001
 FIREPLACES $22,8001
SPR2WET/CONCEALED26050.00 S.F.$79,2001

Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
ZoneUR
Neighborhood5012
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.27
Frontage0
Depth0
Assessed Value$1,432,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  6000.00 S.F.$20,4001
 ANTENNA   $225,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$5,782,100$1,432,500$7,214,600
2025$5,558,300$1,404,500$6,962,800
2024$5,558,300$1,404,500$6,962,800

Regarding Parcel: Mblu : 47/ H/ 29/ / Location : 425 BROADWAY

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