1405 RIVERSIDE DR
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Location
1405 RIVERSIDE DR
Mblu
57/ 61/ 1/ /
Acct#
004242
Owner
JAE LLC
PBN
DM1
Assessment
$395,100
Appraisal
$564,500
PID
1094
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$238,500$326,000$564,500
Assessment
Valuation YearImprovementsLandTotal
2024$166,900$228,200$395,100

Owner of Record
OwnerJAE LLC
Co-Owner
AddressMADISON ST SUITE 610
WORCESTER, MA 01608-2030
Sale Price$365,000
Certificate
Book & Page 0959/0065
Sale Date05/15/2020
InstrumentUNKQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
JAE LLC$365,000 0959/0065UNKQ05/15/2020
THE ARES-CO REALTY TRUST$250,000 0863/01231402/10/2016
FREEDOM NATIONAL BANK$0 0862/01971301/25/2016
C + M TRANSPORTATION LLC$560,000 0693/00012503/14/2008
MEISLER ALAN$300,000 0692/03261R03/14/2008

Building Information
Building 1 : Section 1
Year Built: 1880
Living Area: 13,156
Replacement Cost: $734,556
Building Percent Good: 25
Replacement Cost
Less Depreciation:
$183,600
Building Attributes
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeAverage
Stories:2
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverEnam Mtl Shing
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeRadiant
AC TypeNone
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,400 6,400
AOFOffice, (Average) 5,106 5,106
SDAStore Display Area 1,650 1,650
CLPLoading Platform, Finished 432 0
UBMBasement, Unfinished 8,050 0
USTUtility, Storage, Unfinished 2,732 0
UUSUnfinished Story 3,300 0
WDKDeck, Wood 600 0
   28,270 13,156

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET23342.00 S.F.$5,0001

Land
Land Use
Use Code4000
DescriptionFACTORY  
ZoneTCDD
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.36
Frontage306
Depth0
Assessed Value$228,200
Appraised Value$326,000
lbllndfront

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
TNK3GT-10,000  27000.00 GALS$43,9001
PAV1PAVING-ASPHALT  4000.00 S.F.$6,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$295,900$159,700$455,600
2022$295,900$159,700$455,600
2021$295,900$159,700$455,600

Assessment
Valuation YearImprovementsLandTotal
2023$207,200$111,800$319,000
2022$207,200$111,800$319,000
2021$207,200$111,800$319,000

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