COMMERCIAL PROPERTY RECORD CARD |
CITY OF SPRINGFIELD |
| Situs: 143 EASTERN AV |
Map ID: 043250140 |
Class: 340: General Office |
Card:
of 2 |
| Assessed Owner |
MIRACLE WORLD OUTREACH MINISTRIES 220 EAST ST LUDLOW MA 01056
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| General Information |
| |
Living Units: |
|
|
| |
Neighborhood: |
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708 |
| |
Alternate: |
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| |
Zoning: |
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R2 |
| |
Class: |
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COMMERCIAL
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Land Information |
| Type |
|
Size |
|
Influence Factors |
Influence % |
Value |
| PRIMARY |
SF |
20,239 |
|
|
|
45,880 |
| | | Total Acres: 0.4646 | | |
Assessment Information |
| |
Assessed |
Appraised |
Cost |
Income |
Market |
| Land |
45,900 |
45,900 |
45,900 |
45,900 |
0 |
| Building |
40,000 |
40,000 |
40,000 |
32,300 |
0 |
| Total |
85,900 |
85,900 |
85,900 |
78,200 |
0 |
| |
| Value Flag: COST APPROACH |
Manual Override Reason: |
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Entrance Information |
| Date |
ID |
Entry Code |
Source |
| 2015-09-24 |
3 |
UNOCCUPIED |
OTHER |
| 2015-05-29 |
3 |
ESTIMATED FOR MISC REASON |
OTHER |
| |
Permit Information |
| Date Issued |
Number |
Price |
|
Purpose |
% Complete |
|
| |
Sales/Ownership History |
| Transfer Date |
Price |
Type |
Validity |
Deed Ref. |
Deed Type |
Grantee |
| 2016-12-30 |
0 |
LAND + BLDG |
TRANSFER OF CONVENIENCE |
21517 / 566 |
|
MIRACLE WORLD OUTREACH MINISTRIES |
| 1975-12-11 |
0 |
LAND + BLDG |
|
4212 / 14 |
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EARLY CHILDHOOD CENTERS OF |
| |
Building Information |
| Year Built/Eff Year: | | 1932 / |
| Building #: | | 1 |
| Structure Type: | | 2 OFFICE BLDG LR 1-4ST AVG |
| Identical Units: | | 1 |
| Total Units: | | |
| Grade: | | C |
| # Covered Parking: | | |
| # Uncovered Parking: | | |
| DBA: | | |
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Building Other Features |
| Line |
Type |
+/- |
Meas1 |
Meas2 |
# Stops |
Ident Units |
|
| |
Interior / Exterior Information |
| Line |
Level From |
-To |
Int Fin |
Area |
Perim |
|
| 1 |
01 |
01 |
|
4,714 |
298 |
|
| Use Type |
Wall Height |
Ext Walls |
Construction |
Partitions |
Heating |
Cooling |
Plumbing |
Physical |
Functional |
| MULTI-USE OFFICE |
14 |
Brick Veneer |
FIRE RESISTANT |
NORMAL |
HW/STEAM |
NONE |
NORMAL |
1 |
1 |
| |
Interior/Exterior Valuation Detail |
| Line |
Area |
|
Use Type |
% Good |
% Complete |
Value/RCNLD |
| 1 |
4,714 |
|
MULTI-USE OFFICE |
6 |
0.00 |
32,560 |
|
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Outbuilding Data |
| Line |
Type |
Yr Blt |
Meas1 |
Meas2 |
Qty |
Area |
Grade |
Condition |
|
| |
Income Detail (Includes all Buildings on Parcel) |
| Use Grp |
Mod Type |
Inc Mod |
Model Description |
Units |
Net Area |
Income Rate |
Econ Adjust |
Potential Gross Income |
| 24 |
S |
700 |
MULTI USE STORAGE |
0 |
1,650 |
2.50 |
60 |
2,475 |
| 25 |
S |
700 |
MULTI-USE OFFICE |
0 |
4,714 |
13.00 |
60 |
36,769 |
|
| Vac Model |
Vac Adj |
Additional Income |
Effective Gross Income |
Expense Model % |
Expense Adj % |
Expense Adj |
Other Expenses |
Total Expenses |
Net Operating Income |
| 25 |
0 |
0 |
1,856 |
35 |
0 |
0 |
650 |
650 |
1,206 |
| 35 |
0 |
0 |
23,900 |
65 |
0 |
0 |
15,535 |
15,535 |
8,365 |
| |
Building Cost Detail - Building 1 of 2 |
| Total Gross Bldg Area | 4,714 |
| Replace Cost New Less Depr | 32,560 |
| % Complete | 100 |
| # Identical Units | 1 |
| Econ Conditions Factor | 0 |
| Final Building Value | 32,560 |
| Value per SF | 6.91 |
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Income Summary (Includes all Buildings on Parcel) |
| Total Net Income | 9,571 |
| Capitalization Rate | 0.1224 |
| Sub Total | 78,190 |
| Residual Land Value | 0 |
| Final Income Value | 78,190 |
| Total Net Rent Area | 6,364 |
| Total Gross Building Area | 6,364 |
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FY 2025 data: property descriptions as of June 30, 2024, and values as of January 1, 2024
Page last updated: Sunday December 21, 2025 02:42:06 AM