531 S BROADWAY
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Location
531 S BROADWAY
Mblu
151/ / 4/ /
Acct#
Owner
PATEL HETALBEN TRUSTEE
Total Market Value
$725,000
Appraisal
$725,000
PID
11635
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$121,300$603,700$725,000
Assessment
Valuation YearImprovementsLandTotal
2025$121,300$603,700$725,000

Owner of Record
OwnerPATEL HETALBEN TRUSTEE
Co-OwnerRAM108 REALTY TRUST
Address8 CHRISTIAN WAY
ANDOVER, MA 01810
Sale Price$1,050,000
Certificate
Book & Page 6506/2413
Sale Date09/13/2023

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
PATEL HETALBEN TRUSTEE$1,050,000 6506/241309/13/2023
NOTINI FAMILY TRUST$0 2589/213603/06/1986

Building Information
Building 1 : Section 1
Year Built: 1956
Living Area: 2,471
Replacement Cost: $182,716
Replacement Cost
Less Depreciation:
$95,000
Building Attributes
FieldDescription
Style:Store
ModelComm/Ind
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Concr-Finished
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseSTORE/SHOP MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:322I
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,471 2,471
SLBSlab 2,471 0
   4,942 2,471

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
CLR1COOLER320.00 S.F.$4,2001

Land
Land Use
Use Code3220
DescriptionSTORE/SHOP MDL-94  
ZoneCIC
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.5
Frontage0
Depth0
Total Market Land$603,700
Appraised Value$603,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  15000.00 S.F.$18,0001
LT6W/DOUBLE LIGHT  4.00 UNITS$4,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$121,300$603,700$725,000
2024$121,300$603,700$725,000
2023$121,300$603,700$725,000

Assessment
Valuation YearImprovementsLandTotal
2025$121,300$603,700$725,000
2024$121,300$603,700$725,000
2023$121,300$603,700$725,000

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