COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 241 MAIN ST IO Map ID: 081320258 Class: 937: Improved, Tax Title/Treasurer Card: 1 of 1
Assessed Owner

SPRINGFIELD CITY OF
36 COURT ST
SPRINGFIELD MA 01103
General Information
 
Living Units:
 
4
  Neighborhood:   304
  Alternate:  
  Zoning:   B1
  Class:   EXEMPT

Photo
Diagram
No diagram available
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 7,904   65,570
 
Total Acres: 0.1815
Assessment Information
  Assessed Appraised Cost Income Market
Land 65,600 65,600 65,600 65,600 0
Building 345,100 345,100 345,100 448,800 0
Total 410,700 410,700 410,700 514,400 0
 
Value Flag: COST APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
Permit Information
Date Issued Number Price   Purpose % Complete
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2008-08-19 0 LAND + BLDG TO/FROM GOVERNMENT 17436 / 0419 SPRINGFIELD CITY OF
2002-12-11 80,000 LAND + BLDG SHORT SALE 12787 / 0373 SMITH SIMON
Building Information
Year Built/Eff Year: 1925 /
Building #: 1
Structure Type: MIXED RESIDENTIAL/COMMERCIAL
Identical Units: 1
Total Units: 4
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
2 PORCH, OPEN   216 1 1
3 PORCH, ENCLOSED UPPER   216 1 2

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 B1 B1 0 2,088 188
2 01 01 100 2,048 194
3 02 03 100 2,176 204
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
SUPPORT AREA 8 none WOOD FRAME/JOIST/BEAM NORMAL NONE NONE NONE 2 2
MULTI-USE RETAIL 10 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM NONE NORMAL 2 3
APARTMENT 10 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM NONE NORMAL 2 3
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 2,088     SUPPORT AREA 28 0.00 9,320
2 2,048     MULTI-USE RETAIL 34 0.00 79,270
3 2,176     APARTMENT 34 0.00 256,480
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
Apartment Detail - Building 1 of 1
Line Use Use Type Per Bldg Beds Baths Units Rent Income
1 011 APARTMENT 4 3 0 4 13,800 55,200
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
00 S 001 NO INCOME CONTRIBUTION 0 21 0.00 0
01 A 300 LOW RISE APARTMENT 4 4,352 0.00 80 44,160
23 S 304 MULTI-USE SALES 0 2,048 13.00 80 21,299
Vac Model Vac Adj Additional Income Effective Gross Income Expense Model % Expense Adj % Expense Adj Other Expenses Total Expenses Net Operating Income
0 0 0 0 0 0 0 0 0 0
10 0 0 39,744 40 0 0 15,898 15,898 23,846
15 0 0 18,104 30 0 0 5,431 5,431 12,673
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 8,488
Replace Cost New Less Depr345,070
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 345,070
Value per SF 40.65
Income Summary (Includes all Buildings on Parcel)
Total Net Income 36,519
Capitalization Rate 0.0710
Sub Total 514,350
Residual Land Value 0
Final Income Value 514,350
Total Net Rent Area 6,421
Total Gross Building Area 8,488

FY 2025 data: property descriptions as of June 30, 2024, and values as of January 1, 2024

Page last updated:  Monday December 22, 2025 12:17:28 AM