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173 LAFAYETTE STREET MAP NO.. LOT NO. PROPERTY RECORD - CITY OF SALEM (WARP &PRECINCT) CARD NO. MEMORANDA RECORD OF OWNERSHIP PHOTO DATE BOOK PAGE 034 0247 0173 LAFAYETTE ST NUMBER ANDE REALTY TRUST VENER PHILIP G TRS ET AL 05999 23 SEVINOR ROAD 0610 MARBLEHEAr) MASS 73 AC. S.F. 4185 VALUE 2500 / BLDG 30000 V VERIFICATION OF INSPECTION t;. 1-* iy-off' eVF: 11/1 7-0dJr 0-I ASSESSMENT RECORD 1975 19 19 19 19 19 19 19 19 19 APPEAL DATA DWELLING GARAGE A Granted p pea l Denied SWIM POOL Value Land APARTMENTS Change Building CONDQ $airy r /r'+e'c'+0, /54.,-{ CO M /I O R I N D 'J`"," �'�'''4' TOTAL VALUE BUILDINGS TOTAL VALUE LAND TOTAL VALUE LAND &BUILDINGS Phys. Func. CONSTRUCTION Size Area Class Age Remod. Cond. Repl. Value Dep. Phys. Value Dep. Sound Value 11 14 15 18 19 22 23 25 26 29 30 31 32 37 38 39 40 45 46 47 48 53 . , . : , . , PHOTOGRAPH - - PERMIT COMP. DATE1 Total LAND VALUE COMPUTATIONS Square Unit Unit Square Ft. corner Depr.% infl Total Value 3 Footage 6 7 10 11 Price 14 15 % 17 18 Price 23 24 25 26 32 33 34 35 41 _ 1 / ems- , , RENTAL EXPENSE ITEMS PROPERTY INFORMATION VACANCY "IS'I)D LAND COST HEATING /4- BLDG.COST WATER Z SALE PRICE - ' ELECTRICITY -300 GROSS ANNUAL INCOME 27419 0 , JANITOR 12Q0 LESS EXPENSES 9 0 a' MANAGEMENT ii-a1i NET INCOME / i:0 ...i/$,' /ao Rs LAND @ %= 42-52 LAND RECORD Total Value Land d t ✓rQ BLDG. @ %= Sewer ® No Street E High I -- k'e 1 q f� ? a Water I) Dirt Street F Low J Total Value Buildings ��— f Gas Paved 'G) Level TOTAL FLAT EXPENSES '-I®a• TOTAL I Y Total Value Land and Buildings Elec. Q5} No Sidewalk H , —.4914 7 • ` BUILDING RECORD iy,,,� .r � /, - ,.� WHIPPLE,MAGANE AND DARCY CONTROL No. MEArISUREDBY (3 13 'DATE/f-3-1/73 LISTED BY [ 1, I DATE . 15 ' 80 SEMI MOD KIT A.. BLOCK LOT MOD BATH EXEMPT BLOCK LOT CLASS SEMI MOD BATH COMPUTATIONS 1 1 I I I I L I'll I I IZIgi 71 IG le, •yy Ilyfl TSTORE FRONT Lam) FIRE PROOF CONST `l�'' :re./`> NO AREA UNIT 6 7 11 12 16 17 20 WI van b y- /7,Lp /B i L ITEM OTY COST TOTAL SERIAL NUMBER/� DATE BUILT SHEET OF MILL CONST II I I I f I T I 1 11511.24 a I / I LLJ REINF CONC BEAMS&COLS S' 7' 21 26 27 32 34 STEEL FRAME 2 Sjgg s �' d2i. ‘s /A/Sr STEEL BEAMS&COLS G (7 7 3 doe EXTERIOR WALL VARIATIONS [ 5/ J%L W p DESIGN STEEL TRUSSES 7 RANCH 1. Common Brick V/F 5. Face Brick V/M STEEL OR BAR JOIST �P ''°C.` O'�LCe 2. Face Brick V/F 6. Cut Stone V/M TIMBER BEAMS&COLS SPLIT LEVEL or BY LEVEL / it -03 ° 0 2 ✓a, t�C 7 ADDITIONS OR DEDUCTIONS 3. Cut Stone V/F 7, Perna Stone WOOD TRUSSES COLONIAL 4. Common Brick V/M SPRINKLER SYS I CAPE COD PASS ELEV 6 TYPE STORIES LINEAL FEET I¢ . J/� CONDO L_J 1... .1 1 FREIGHT ELEV 1 ^ ^/ CONVENTIONAL 35 36 ■ 37 38 40 10lim#4 I oF70,p( MODERN FINISHED ATTIC OR SECOND FLOOR FLOORS -5 (� Yam!` ///�1 RAISED RANCH B 1 2 3 (o/J SINGLE FAMILY Cement ` p Hardwood f• 0 06M P4 FAM. FLAT Fin.Area 43 I I I I46 Pine FAM. DUPLEX Fin.Attic% 47 I I I 150 Single Fl. 4 FAM. CONY. Unfinished I/ Story% 51 I I I 153 Asph.Tile l� �(/f COMM. tu4' �" APARTMENTS / DORMERS Wood Joist TOTAL No.of Fam. (50) Ic NUMBER SIZE NUMBER SIZE 'Reinf. Conc. INDUSTRIAL lag I I I W 1 1 I 1 1 I FOUNDATION 54 55 56 57 58 59 60 61 CONCRETE BASEMENT AREA CEMENT BLOCK Rec.Room%I • I I LLI_I W I I I SALE 27$ I I/I9k OI OI433 OVERALL DIMENSIONS BASEMENT BRICK 62 63 64 65 66 67 68 DATE 36 1/ICI 7I139 STORIES WIDTH LENGTH AREA FULL-% STONE No Concrete Floor ❑ 69 L __I 1 I I I I ] I I I 11 1 —' TOTAL 40 41 42 43 44 45 46 49 50 52 �:;i'l.dr1 4...-' CAP IMPROV $I I I I I I I I59 I • I 1�Il I i i I I I I I 1 • I I COST CONVERSION ROOFING `/�;ri r Dry Wall 0 2 Plaster FACTOR /,�� 2 3 4 5 6 7 8 11 12 14 ASPHALT,ASBESTOS Air Cond. 0 4 Percent I ■ I 1 1 DATE 621 1 I 1 165 REPLACEMENT WOOD SHINGLES 5 6 7 1 • 11. I I I I I I I I 11 1 ■ I I VALUE p7/QG ' -'V BATH ROOMS 27 28 29 30 31 32 33 36 37 39 SLATE PHYSICAL DEP, FIXTURES NO. FLOOR WAINS BOTH I 1 .,S TAR &GRAVEL / 14 1 J.c' 1 2 3 40 41 42 43 44 45 46 49 50 52 VALUE / 3G7a COMPOSITION PATIOS FUNCTIONAL OR 8 9 (10) BUILT IN PORCH Y ECON,OBS. W SHED DORMER LF LJ LJ 1 1 2 3 TYPE STORIES (WIDTH LENGTH AREA Type Width Length Area PICTURE DORMER LF 11 12 (13) E 0 G (53) L W I I I I 1 2 CARPENT ORT U W W I2 3 4 5 6 7 I 8 19 I EXTERIOR WALL TYPE L_JI_I 1 2 3 54 55 56 57 58 59 60 61 62 A. FRAME WITH WOOD, 14 15 (16) 3OTHER U ICJ I I I I 1 I I r ASBESTOS,STUCCO, r FIREPLACES WIDTH LENGTH AREA 10 11 12 13 14 15 16 17 SUMMARY OF APPRAISED VALUE ALUM,SIDING (19) I 1 ON 1 u 2 ON 1 I I BUILT IN GARAGE I I 1 I I 1 I I I I BAY WINDOWS NO.I I j STORIES I I 1 18 19 20 21 22 24 25-26 27-28— PRINCIPAL BLDG. B. CONCRETE BLOCK BSMT (No.of Cars) 1 0 2 0 3 0 25 PORCHES MISCELLANEOUS ADDS OR DEDUCTS APPRAISAL $ /63 7 J ON TILE-STUCCO ON HEATING 26 ROOMS B 1 2 3 TYPE S'TOIRIES IWID'TH1 LENGTH AREA CODE DOLLAR AMOUNT OTHER PRINCIPAL BLOCK OR TILE (19) C 0 0 NONE Living , ,', , E O G (33) L� W L1_ I I I I 43I I I 145 461 I I I (49 ACCESSORY B GS.BLDGS.APPRAISAL $ 34 35 36 37 38 39 40 42 C. BRICK OR STONE — 1 OFORCEDHOTAIR Dining E 0 G (50) 1 I I I I I I I I I I I I 601 I I 162 631 I I I I66 APPRAISAL $ VENEER (19) I 2. TEAM 1 PIPE Bed / 51 52 53 54 55 56 57 59 12I I I I14 151 I I I I18 TOTAL SADG $ �G 2 20 d 1 I I___LJ I I I I I I I D.SOLID BRICK91r Kitchen E 0 G (2) 3 4 5 6 7 8 9 11 3 OFLOOR OR WALL — (19) TOTAL LAND Rec. Rm. ---- ---- / 4 ❑CeilingRadiantElec. Width ATTACHED GARAGE Finish Physical Depr. 191 I I 20 APPRAISAL OTHER - Over 5 ❑Baseboard Electric Apts. 23 I I 124 251 I 126 271 I I 129 LJ30 Economic Obs. 211 I 122 $ /'� S�0 Office TOTAL APPRAISED 6 ❑Floor Radiant Elec. VALUE 7 a v Cl 7 ❑Floor Radiant Hot Stores Other Accessory Bldgs 31 I I I I I I $ // ^ Water 8 0 Gravity-Pipeless 9 ❑ Steam 2 Pipe - Total Land Value 4216101 / I e) 15 I 0 I 0 1 48 1 INCOME AND EXPENSE ANALYSIS BUILDING RESIDUAL METHOD Name of client Address • . Property address ity Legal description Name of owner Phone Address City INCOME GRID (1) (2) (3) (4) (5) (6) (7) NO. OF ROOM SQ. FT. ACTUAL FAIR TOTAL UNITS COUNT AREA NOTES (describe if furnished, etc.) RENT RENT MONTHLY PER UNIT PER UNIT PER UNIT PER UNIT FAIR RENT $ $ $ Furniture value $ Effective age, years Gross monthly fair rent $ Land value $ Remaining life, years (Multiply by 12 and enter on line 1 below) ANNUAL EXPENSES CAPITALIZATION PROCESS ANNUAL FIXED CHARGES: 1. ANNUAL GROSS REVENUE $ Real estate tax $ 2. Vacancy allowance Personal property tax $ @ % (of annual gross) $ Insurance $ 3. ANNUAL EFFECTIVE GROSS Other $ REVENUE (line 1 minus line 2) $ OPERATING EXPENSES: 4. Management fee $ _ Electric $ 5. GROSS INCOME FROM PROPERTY Water $ (line 3 minus line 4) $ 6. Total annual expense $ Fuel $ 7. ANNUAL NET INCOME Rubbish hauling $ ,` r6 O b Advertising $ (line 5 minus line 6) $ 8. Expected return on furniture investment Misc $ % of furniture value $ Misc $ 9. Expected return on land investment •ti % of land value / / t Y MAINTENANCE EXPENSE: ill •�• •¢U $ Building improvements $ 10. INCOME RESIDUAL TO BUILDING Personal property $ IMPROVEMENTS Yard and ground care $ (line 7 minus sum of lines 8 & 9) $/_) 0 Y Swimming pool service $ 11. CAPITALIZATION: Misc $ _ A. Anticipated rate of return ,� _% Misc $ B. Amortization rate C. Total capitalization rate '7�`y RESERVE FOR REPLACEMENTS: 12. CAPITALIZED VALUE OF BUILDING Building components $ IMPROVEMENTS Personal property $ (line 10 divided by line I1C) $ Misc $ 13. Land value $ Misc $ 14. CAPITALIZED VALUE OF PROPERTY, RESIDENT MANAGER (if any): UNFURNISHED (line 12 plus line 13) . . . . $ , 4 ?'b $ 15. Furniture value $ fr/lO 0 $ 16. CAPITALIZED VALUE OF PROPERTY, INCLUDING FURNITUR ��,� 7' `• TOTAL ANNUAL EXPENSE $ (line 14 plus line 15). . C .0�4o:a Total property value Appraiser Date Capitalization Form 1005-A ©1967—Copies of this form may be purchased from MARSHALL and STEVENS PUBLICATION COMPANY, PRINTED IN U.S.A.77 I 1617 Beverly Blvd., Los Angeles, Calif. 90026 for$1.75 per pad. California subscribers add 5% sales tax. 1Jore, : PRO ry wqs /w2c"5EJ) F�eo� s3QA19t R.T. (.o 4 r�r /3A4.�tAM T2.esrCe r y - _ ' E R.T: ,�, f� 4 I L.p G veivER, ' MAe.I Liev S VC/kJ-ER T usrec g Z 3 15ev•Noet RP. A4A#26LC /4EAD/ MAS,. pv2GMA5E p'z cC w.cf 5 �/ 9 S Dv:). TaAJ..src2 Teo< �&A[.,E. Ava,vST I) 013 CITY OF SALEM, MASSACHUSETTS ASSESSOR' S OFFICE, CITY HALL To the owner of Record as of January 1 , 1973 of Property located at/73 L4 1 't/7 .S I%?Et % . Date 7/J ' 1973 Dear Taxpayer: . In accordance with the General Laws of the Commonwealth of Massachusetts , Chapter 59, Section 38B, 38C, you are hereby requested to furnish the Board .of Assessors of the City of Salem with accurate and complete information on the statement attached as to the description of rents , and other income received from, and the expenses of maintaining the property listed above so as to enable the Assessors to update the actual assessment of such property. In lieu of the completion of this form you may substitute a copy of the rental schedule included on your 1972 Federal Income Tax Return. If you fail to comply with this request within sixty days from the date of mailing you shall be barred from any statutory appeal under Chapter 59 of the General Laws , unless you are unable to comply with this request for reasons beyond your control. Listed below are Sections 38B & 38C. • 1 Section 38B. A board of assessors may request the owner or lessee of any real estate to make a written return under oath within sixty days containing such information as may reasonably be required by it to determine the actual value of such property. Failure of an owner or lessee of real estate to comply with such request within sixty days after it has been made shall ' bar him from any statutory appeal under this chapter, unless the owner or lessee of such real estate was unable to comply with such request for reasons beyond his control. If any owner or lessee of real estate in a return under this section makes any statement which he knows to be false in a material particular, such false statement shall bar him for any statutory appeal under this chapter. Section 38C. A board of assessors may require testimony under oath of, a taxpayer relative to his written. return filed under section 38B and may also require testimony under oath of any application for abatement under Sec. 59. If you have any questions , please call 744-0660 any week day between 8 :30 a.m. and 4:00 p.m. . Board of Assessors / ..-1-------0 PI /s) gat:Xwon . ' NS NOTE ; I/..)F -0 A s A.T�o 5u ,., 4/rim ', is -rm. '7 i4 c r&.r.c„r.) c, . A LL IN Fo 2t..4 rt o,.., es AA%_ F 1 -k- kn,'r'g0NS To N .). o u- / AS of l� •�C. 1, q 3 REVALUATION PROGRAM CONFIDENTIAL INFORMATION Please Return to the Assessor' s Office Town Hall Salem, Massachusetts 01970 - Map 2 1" Plot 2 g7 Property Address/73 J4f /L 7TF S7REe7 Owner / 11 gr .---7a _ J 7-- �i_.._ 7 - •ilf 1. (a) Year property purchased /973 Purchase Price 93 M (b) Year building was erectedAFTr S,q„,cm Fwar (c) Original Cost if known —..., (d) Did contract include complete price , Including con- tractor's profit and overhead and architect ' s fees? *mum if not , please explain. (e) Did you subcontract the construction? —tst/A_ 2. Give year, cost and brief description of all major additions or alterations to property. V NJ c /1/4,1O4.44144". • 3. Rental Data (a) First floor Unit Type of Occupancy- Year Lease Year !Present Gross (Office , Apartment,t Negotiated or ; Lease !Monthly Mo. Store or Other) ! Tenant at Will Expired 'Rent Rent 1First Occupied ' l. M AC.A•AJT 3 Reo, A i 2, VhC.AwarT 41 1• 1% i Fes' , M�{ MO $At,d.. I1 g Ato ` I AT 1/4. lovEEK VAC Ati►T h " •1 96 2 --4► Mla cA t►,h "` "' 5 '7 1 Sing-` "`--f I `Ii 0,14,•-'rw 1 r . 3. Rental Data (Continued) . , . , Floor Type of Occupancy- ; ;.,==aatieirit Setigifilippommi-larrrtibcpliee d . (Office , Apartment, Rwomiiimmth Zmmiont Store or Other ) , ; inlitsirireupdat LFANE F-x-f)• k' kir . 1 Mi.. Apri hig? ( ) 2 6 KAT-504.4.0 111.11 RAI.0411Eb itt -p+ 7 L .c. va..1.1%g "Arm P-ArIL A c.-At-LA.,a- 1. 11 -11 vt4 Ft/it-P•2 T: v1/4) . t 1 o /vvvro _ / _ vrst...-n. es 1 i ifRivEgA : -103 Surpt..•Eith 1114- i 65-bmn4 ra ' 31 ID Cr-X4x9b. ! its4,0 tp..) Fv/1.6%., I Ti . 155-lisiani FLAdr1-. I/ aAvN/41.1., 5'h 1., (c 3 17L, a I IS.6404.04hom 5113 WO F.,iv., Tip+ I Go / 144-n4 al, ....................... . EtJT oo Lig. viNc.A..yr 2. 'tt.... 0 la° 16. VAcA or , -) (d ) 4 I 2 4 5 (e ) 5' 1 2 c_.: lge, . N-CL...04...T I-S SAvv‘r.- _ iivF-0 ,_ Fv ,c14grb likei,E 6 Li P2r..v.0 i-. Operating Expense Last Three Years 19-71- Heat is'00 AlIG 1971 i _1970 Electricity 300 Water too Janitor — I 2.o-a Insurance(Pro Rata Annual) Maintenance ___ ____Es1........4.'VC." ilanagenent 2_CPS2_0_ 1 Other Expense TAY.C..S Other Expenses tt_ri TA e_s r_______6_%, Other Exp . e tojrcaz_r_sm _ 2.,...c . i ) II eker...,srs v.-so c-vi RAS TAKe-i.) 0 1.3 As oF AvC" t) ii13 . , r 5. Does the lease contain a tax clause or any other clause that ; reimburse owner any or part of operating expenses? kit) If there is a tax clause , please state the base year of said clause and the amount over base year that the tenant pays. 1V0 Please list any other clauses that reimburse owner any part of operating expenses. tQo 6. If owner occupied, please state gross amount of sales for the following years. f 1972 1R70 1971 6A Nature of business t ) I A 7. Actual gross income from property: 1970 1971 1972 Z ♦1 , &' 97 . 8. Any other factors affecting the value of the Property: t'J A elA 1-ARcz Etce_ h._ _pe... Agi r: V Ac A tiT 'r-S F-2A. • - — � e" ad AI o9ithe (ZETA QE,..'T14 tr �Ir�AT�►.�C,� S S N E�EJIS MA v 'A 9. At present them is a physical appraisal -being m-_ e property under the equalization survey now in progress. The above information requested is to determine economic factors affecting tl -value of the property normally considered in commercial proper- ties . This information is for the use of the Assessor ' s Office and the Appraisal Concern only and shall be retained by the Assessor ' s in a confidential file. It shall not be placed with other records and data available for public inspection at any time without the w itten consent of the iroierty owner. Date l l3 Signed foil NA.A lt, L.r... - A T M.Ikt% TN�S (Vv�.•J;�lZ, wns G...vrt (Li 1'Arw�o.rS 0 eit t�-► C.14 v`)A S ( .AS tq .0 pA ti C.1 •