530 CHESTNUT ST
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Location
530 CHESTNUT ST
Mblu
0041/ / 0002/ /
Owner
FORMULA ONE REALTY LLC
Total Market Value
$1,801,900
Building Count
1
Current Value
Assessment
Valuation YearTotal
2025$1,801,900

Owner of Record
OwnerFORMULA ONE REALTY LLC
Co-Owner
Sale Price$725,000
Certificate
Book & Page 7118/2228
Sale Date11/12/2003
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FORMULA ONE REALTY LLC$725,000 7118/22280011/12/2003
BRADY SULLIVAN CORP$250,000 5618/06000403/30/1995
BUSSIERE, EMILE R JR$85,000 5498/05510411/30/1993
FEDERAL DEPOSIT INSURANCE CORP$4,000 5321/11240403/03/1992

Building Information
Building 1 : Section 1
Year Built: 2022
Living Area: 10,528
Replacement Cost
Less Depreciation:
$1,547,500
Building Attributes
FieldDescription
Style:Apartment 9-30 Units
ModelCommercial
GradeAverage +05
Stories:2
Occupancy12.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Laminate
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Bldg UseAPT OVER 8
Total Rooms36
Total Bedrms12
Total Baths12
1st Floor Use:1120
Heat/ACCENTRAL
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,760 3,760
FUSUpper Story, Finished 3,760 3,760
SFBBasement,Finished,Raised 3,760 3,008
   11,280 10,528

Extra Features
Extra Features
CodeDescriptionSize
SPR1SPRINKLERS-WET10528.00 S.F.

Land
Land Use
Use Code1120
DescriptionAPT OVER 8  
Land Line Valuation
Size (Sqr Feet)7868

Outbuildings
Outbuildings
CodeDescriptionSize
PAV1PAVING-ASPHALT4200.00 S.F.
PK1PARKING SPACE12.00 UNITS
Valuation History
Assessment
Valuation YearTotal
2024$1,801,900

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