1275 PARK EAST DRIVE
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Location
1275 PARK EAST DRIVE
Mblu
59/A / 16/ 13/
Acct#
00400151
Owner
1275 PARK EAST DRIVE LLC
PBN
Assessment
$2,536,000
Appraisal
$2,536,000
PID
100188
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,209,300$326,700$2,536,000
Assessment
Valuation YearImprovementsLandTotal
2025$2,209,300$326,700$2,536,000

Owner of Record
Owner1275 PARK EAST DRIVE LLC
Co-OwnerALTEN TYLER
Address107 AUDUBON ROAD 2-301
WAKEFIELD, MA 01880
Sale Price$200,000
Certificate
Book & Page 2768/245
Sale Date10/04/2022
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
1275 PARK EAST DRIVE LLC$200,000 2768/2451N10/04/2022
1275 PARK EAST DRIVE LLC ET AL $6,300,000 2736/1340005/27/2022
FAITH REALTY II LLC$4,052,500 1792/1391N03/23/2009
SUMMER INFANT INC$0 1637/1621N03/06/2007
FAITH REALTY LLC$0 1417/02161N02/18/2005

Building Information
Building 1 : Section 1
Year Built: 2006
Living Area: 50,572
Replacement Cost: $3,730,575
Building Percent Good: 54
Replacement Cost
Less Depreciation:
$2,014,500
Building Attributes
FieldDescription
Style:Industrial
ModelInd/Comm
GradeAverage +10
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseLRG BUS M96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 35,212 35,212
AOFOffice, (Average) 15,360 15,360
   50,572 50,572

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1Load Levelers4.00 UNITS$6,3001
SPR1Sprinklers - Wet50572.00 S.F.$21,8001
ELV1Elevator - Passenger2.00 STOP$21,6001
A/CAir Conditioning17176.00 S.F.$18,6001

Land
Land Use
Use Code333I
DescriptionLRG BUS M96  
ZoneI1
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.23
Frontage
Depth
Assessed Value$326,700
Appraised Value$326,700
lbllndfront

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving - Asphalt  80000.00 S.F.$120,0001
SGN2Sign-Dble Sided  30.00 S.F.&HGT$8001
LT1Lights - In w/PL  2.00 UNITS$1,0001
LT10Lights - Double  3.00 UNITS$4,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2022$2,254,300$268,400$2,522,700
2022$2,254,300$268,400$2,522,700
2021$2,127,000$216,800$2,343,800

Assessment
Valuation YearImprovementsLandTotal
2022$2,254,300$268,400$2,522,700
2022$2,254,300$268,400$2,522,700
2021$2,127,000$216,800$2,343,800

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