228 N WATER ST
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Location
228 N WATER ST
Mblu
100/ 4/ 11/ /
Acct#
00374000
Owner
LAMBERTS COVE PROPERTY LLC
Assessment
$1,712,400
Appraisal
$2,446,200
PID
4850
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$1,339,900$1,106,300$2,446,200
Assessment
Valuation YearImprovementsLandTotal
2022$938,000$774,400$1,712,400

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerLAMBERTS COVE PROPERTY LLC
Co-Owner
Sale Price$0
Certificate
Book & Page 0716/0934
Sale Date05/28/2013

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
LAMBERTS COVE PROPERTY LLC$0 0716/093405/28/2013
LAMBERTS COVE PROPERTY LLC$1,300,000 0647/072012/18/2008
228 NORTH WATER STREET LLC$0 0647/071712/18/2008
228 NORTH WATER STREET LLC$0 0586/089309/07/2005
HETHERINGTON DONALD S+JOANNE E$0 0224/039709/04/1979

Building Information
Building 1 : Section 1
Year Built: 1940
Living Area: 874
Replacement Cost: $63,045
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$34,700
Building Attributes
FieldDescription
Style:Commercial
ModelCommercial
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Pine/Soft Wood
Interior Floor 2 
Heating FuelOil
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseMARINAS MDL-94
Total Rooms 
Total Bedrms00
Total Baths 
1st Floor Use:3840
Heat/ACNONE
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 874 874
   874 874
Building 2 : Section 1
Year Built: 1940
Living Area: 2,550
Replacement Cost: $195,324
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$121,100
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Ind/Offc/Whs
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Struct Class 
Bldg UseMARINAS M-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:384I
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,264 2,264
AOFOffice, (Average) 286 286
   2,550 2,550
Building 3 : Section 1
Year Built: 2004
Living Area: 5,000
Replacement Cost: $193,400
Building Percent Good: 92
Replacement Cost
Less Depreciation:
$177,900
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Pre-Eng Gar
ModelInd/Comm
GradeAverage
Stories:1
Occupancy3.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeRadiant
AC TypeNone
Struct Class 
Bldg UseMARINAS M-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:384I
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,000 5,000
   5,000 5,000

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ3W/PARTITIONS500.00 S.F.$15,0003
MEZ3W/PARTITIONS500.00 S.F.$15,0003
MEZ2FINISHED500.00 S.F.$15,0003

Land
Land Use
Use Code3840
DescriptionMARINAS MDL-94  
Zone
Neighborhood5500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)4.7
Frontage
Depth
Assessed Value$774,400
Appraised Value$1,106,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD1SHED FRAME  536.00 S.F.$3,2001
SHD4COMM WOOD  930.00 SF$17,7002
SHD1SHED FRAME  384.00 S.F.$2,3001
MSC51SLIPS  211.00 UNIT$738,5001
DCK5GANGWAYS & RAMPS  2510.00 S.F$43,9001
WDKWOOD DECK  296.00 S.F.$3,8001
DCK6FLOAT AVE  11370.00 S.F$113,7001
DCK2DOCKS-RES HEAVY  1525.00 S.F.$38,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2021$1,304,600$1,032,100$2,336,700

Assessment
Valuation YearImprovementsLandTotal
2021$913,300$722,500$1,635,800

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