15 LEDGEVIEW WAY
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Location
15 LEDGEVIEW WAY
Mblu
O-05/ 1/ 1/ 0/
Acct#
Owner
5 & 15 LEDGEVIEW LLC
PBN
A
Total Market Value
$10,986,100
Appraisal
$10,986,100
PID
3324
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$8,753,700$2,232,400$10,986,100
Assessment
Valuation YearImprovementsLandTotal
2025$8,753,700$2,232,400$10,986,100

Owner of Record
Owner5 & 15 LEDGEVIEW LLC
Co-Owner
Address80 HAYDEN AVE.
LEXINGTON, MA 02421
Sale Price$12,250,000
Certificate
Book & Page 42042/0037
Sale Date10/09/2024
Sale Code00
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale CodeSale Date
5 & 15 LEDGEVIEW LLC$12,250,000 42042/00370010/09/2024
LEDGEVIEW WAY LLC$100 35126/01391B05/22/2017
RYAN DEVELOPMENT LLC$1,850,000 33207/04251O06/12/2015
MADISON STREET LLC$1,000,000 31127/04481S03/12/2013
T D BANK NA$0 27100/05331L09/29/2012

Building Information
Building 1 : Section 1
Year Built: 2018
Living Area: 5,005
Replacement Cost: $2,537,435
Building Percent Good: 94
Replacement Cost
Less Depreciation:
$2,385,200
Building Attributes
FieldDescription
Style:Med/Dental Offc
ModelCommercial
GradeSuperlative
Stories:1
Num Units1.00
Exterior CoverStucco
Roof ShapeFlat/Shed
Roof CoverMembrane
Interior FinishDrywall
Floor CoverTile
Fuel SourceGas
Heating/CoolingHot Water/Cool Air
Bldg UsePROF BLDG
Heat/ACHeat/AC Packaged
Frame TypeMetal
Baths/PlumbingAverage
Ceiling/WallSusp Ceil & Wall
Rooms/PrtnsAverage
Wall Height12.00
% Comn Wall 
% Heated100
% Air Cond100
% Sprinklers100
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,005 5,005
   5,005 5,005

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3220
DescriptionRETAIL >10K SF  
Zone05
NeighborhoodC-1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)4.34
Frontage205
Depth
Total Market Land$2,232,400
Appraised Value$2,232,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
APVPaving  40000.00 SF$54,0001
LH1Com Light 1/1  14.00 Each$16,4001
LH2Com Light 1/2  1.00 Each$1,8001
DBDDig Bill Board  1344.00 SF$387,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$8,753,700$2,232,400$10,986,100
2025$4,107,600$911,300$5,018,900
2024$4,107,600$911,300$5,018,900

Assessment
Valuation YearImprovementsLandTotal
2026$8,753,700$2,232,400$10,986,100
2025$4,107,600$911,300$5,018,900
2024$4,107,600$911,300$5,018,900

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