Massachusetts Condo Isn’t Worth $0, State Tax Tribunal Says

The Massachusetts Appellate Tax Board rejected a resident’s claim that his property tax value was zero instead of the assessed values of $490,200 and $408,000 for fiscal 2020 and 2021, in an opinion issued Thursday.

Nicholas Mango, the owner of a two-story condominium unit in the coastal town of Marblehead, Mass., argued his unit was uninhabitable and therefore worthless, which was in sharp contrast to the tax valuations provided by municipal assessors.

The tax board rejected Mango’s argument because he failed to present reliable evidence showing how problems with the fire escape system and water leakage were cost-prohibitive, nor did ...