266 CANAL STREET (2) / ; /37E. c v:3 0� MAP LOT
APPLICATION FOR REVIEW OF REAL ESTATE ASSESSMENT
Address of Property 266 Canal Street, Salem, Mass .
Owner on January 1, 197 4 Siegler Lear, Inc .
. Year Land was Purchased Amount Paid
Year Land and Bldgs. Purchased 1970 Amount Paid $75, 000
Approximate Age of House • Original Cost, if Known
Approximate Age of Other Bldgs. Original Cost, if Known
Give the approximate cost of any other improvements or alterations not included above:
Year Installed 1970 Cost Aprox. $150, 000 .00
Thtails of Improvements New Building Consisting of aproximately 25, 000 square feet.
Do the costs given above include the value of all Iabor and materials necessary to complete the construction? If not, please explain
Yes
t"•re the buildings constructed by a contractor t;ti'tit i 'Contractor
r. .�,
I Fire Insurance coverage on the buildings is $150, 00%00
rentals received per Month ----
The present Mortgage on the property is None
If you were to sell the property at the present time, what would you expect the Sale Price to be? $245, 000 .00 •
Car oli fy es Esc,l-f- Gue,5 ti vyi„9/Pn s c%r 7 �Loot�
List any other factors that you wish to he considered. ..Build.ing...ca.n...be...td.5 d only for warehouse
purposes , due to the fact that construction includes asphalt flooring and
corrogated siding. Also the property is not connected to City sewer.
Signed ....S.ie.g1.Q ...Lke.a.r......1r c. Date ...December 13, 1974
Hood Foam Division
2#::• :244. :,,pts ,ttorne, 14,1(
RECOM-
INTV NO. MENOkTION3 NC CM REV INSP INS 8Y REV. BY NC CM
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