53 WALLACE AV
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Location
53 WALLACE AV
Mblu
079/A / 012/ /
Owner
53 WALLACE LLC
Total Market Value
$2,054,700
PID
9322
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
0$1,685,300$369,400$2,054,700

Owner of Record
Owner53 WALLACE LLC
Co-Owner
Address59 MONUMENT SQ
2ND FL
PORTLAND, ME 04101
Sale Price$3,140,000
Certificate
Book & Page 35906/272
Sale Date08/20/2019
InstrumentQC

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
53 WALLACE LLC$3,140,000 35906/272QC08/20/2019
WALLACE 53 LLC$2,050,000 35366/0268QC12/19/2018
WALLACE REALTY, LLC$1,100,000 16875/0338WD10/23/2001
COYNE OPERATED, INC.$635,000 12510/0030Y05/15/1996
.C.S.C.$0 10899/0092FS12/21/1992

Building Information
Building 1 : Section 1
Year Built: 1978
Living Area: 34,205
Replacement Cost: $2,821,536
Building Percent Good: 57
Replacement Cost
Less Depreciation:

$1,608,300
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +10
Stories:1.5
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseIND WHSES MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 34,205 34,205
   34,205 34,205

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLER WET/31440.00 S.F.$23,8001
MEZ3MEZZANINE W/PA1900.00 S.F.$29,8001
A/CCOMM A/C2880.00 UNITS$3,6001

Land
Land Use
Use Code4010
DescriptionIND WHSES MDL-96  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.06
Frontage0
Depth0
Total Market Land$369,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING ASPHALT  27000.00 S.F.$19,8001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,685,300$369,400$2,054,700
2024$1,685,300$369,400$2,054,700
2023$1,212,100$325,600$1,537,700

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