540 CHESTNUT ST
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Location
540 CHESTNUT ST
Mblu
0041/ / 0003/ /
Owner
FORMULA ONE REALTY LLC
Total Market Value
$1,635,800
Building Count
1
Current Value
Assessment
Valuation YearTotal
2025$1,635,800

Owner of Record
OwnerFORMULA ONE REALTY LLC
Co-Owner
Sale Price$375,000
Certificate
Book & Page 7118/2231
Sale Date11/12/2003
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FORMULA ONE REALTY LLC$375,000 7118/22310011/12/2003
CUSSON, DR DONALD L$0 0/0 03/02/1982
FIVE FORTY REALTY CORP INC$0 0/0  

Building Information
Building 1 : Section 1
Year Built: 1963
Living Area: 14,042
Replacement Cost
Less Depreciation:
$1,369,800
Building Attributes
FieldDescription
Style:Apartment 9-30 Units
ModelCommercial
GradeAverage
Stories:2
Occupancy12.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeHeat Pump
Bldg UseAPT OVER 8
Total Rooms58
Total Bedrms26
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 5,433 5,433
FUSUpper Story, Finished 4,399 4,399
SFBBasement,Finished,Raised 5,263 4,210
CANCanopy 40 0
FBMBasement, Finished 170 0
   15,305 14,042

Extra Features
Extra Features

No Data for Extra Features


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

Outbuildings
Outbuildings
CodeDescriptionSize
PAV1PAVING-ASPHALT2000.00 S.F.
PK1PARKING SPACE6.00 UNITS
Valuation History
Assessment
Valuation YearTotal
2024$1,635,800

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