551 OCEAN AVE
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Location
551 OCEAN AVE
Mblu
0112/153 A/ / /
Owner
551 OCEAN LLC
Total Market Value
$3,904,990
Appraisal
$3,904,990
PID
5636
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,665,420$2,239,570$3,904,990
Assessment
Valuation YearImprovementsLandTotal
2025$1,665,420$2,239,570$3,904,990

Owner of Record
Owner551 OCEAN LLC
Co-Owner
Address141 HOLYROOD AVE
LOWELL, MA 01852
Sale Price$1,700,000
Certificate
Book & Page 18394/0825
Sale Date09/29/2020
InstrumentIC

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
551 OCEAN LLC$1,700,000 18394/0825IC09/29/2020
ROSEWAY LLC$0 14100/0244CO05/27/2004
BEAMIS LTD FAMILY PARTNERSHIP$0 08365/0014WD07/29/1997
 $0 05138/0214WD07/28/1989

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 4,129
Replacement Cost: $1,591,219
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$1,591,220
Building Attributes
FieldDescription
Style:Custom
ModelResidential
Grade:Good +20
Stories: 
Occupancy 
Exterior Wall 1Wood Shingle
Exterior Wall 2Stone/Masonry
Roof Structure:Gambrel
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2Cust Wd Panel
Interior Flr 1Hardwood
Interior Flr 2Tile
Heat FuelGas
Heat Type:Forced Air-Duc
AC Type:Central
Total Bedrooms:5 Bedrooms
Total Bthrms:4
Total Half Baths:1
Total Xtra Fixtrs:3
Total Rooms: 
Bath Style:Modern
Kitchen Style:Modern
Extra Kitchens 
Cndtn 
MHP 
Fireplaces 
Interior Flr 3 
Fndtn Cndtn 
Basement 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,267 2,267
FUSUpper Story, Finished 1,862 1,862
CDKComposite Deck 471 0
FGRFramed Garage 280 0
PR1Piers Ex 1,975 0
   6,855 4,129

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
FPLGGas Fireplace1.00 UNITS$3,2001
ELV1Elev Passenger1.00 UNITS$71,0001

Land
Land Use
Use Code1012
DescriptionOceanfront  
ZoneRB
NeighborhoodMB
Land Line Valuation
Size (Acres)0.32
Frontage
Total Market Land$2,239,570
Appraised Value$2,239,570

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,665,420$2,239,570$3,904,990
2024$1,665,420$2,239,570$3,904,990
2023$887,070$2,538,170$3,425,240

Assessment
Valuation YearImprovementsLandTotal
2025$1,665,420$2,239,570$3,904,990
2024$1,665,420$2,239,570$3,904,990
2023$887,070$2,538,170$3,425,240

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