COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 337 PARKER ST Map ID: 095101832 Class: 031: Multiple Use - Primarily Commercial Card: 1 of 1
Assessed Owner

PALPUM RAW LLC
268 COLD SPRING AVE
STE B
WEST SPRINGFIELD MA 01089-3465
General Information
 
Living Units:
 
1
  Neighborhood:   506
  Alternate:  
  Zoning:   B2
  Class:   CR

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 7,332   43,330
 
Total Acres: 0.1683
Assessment Information
  Assessed Appraised Cost Income Market
Land 43,300 43,300 43,300 43,300 0
Building 66,700 66,700 66,700 89,000 0
Total 110,000 110,000 110,000 132,300 0
 
Value Flag: COST APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-07-20 1 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
2024-12-13 160,000 LAND + BLDG MULTIPLE PARCEL - VALID SALE 25692 / 230 PALPUM RAW LLC
2010-09-15 50,000 LAND + BLDG ASSUMED MORTGAGE 18457 / 334 DISCOVERY PROPERTIES LLC
1989-01-10 155,000 LAND + BLDG 07069 / 0352 ZAMORA WILLIAM D
1987-12-11 94,000 LAND + BLDG 06706 / 122 CISLAK PAUL R & LUCILLE P
1986-03-12 80,500 LAND + BLDG 06030 / 0567 TORCIA MICHAEL A & SALATORESC
Building Information
Year Built/Eff Year: 1920 /
Building #: 1
Structure Type: MIXED RESIDENTIAL/COMMERCIAL
Identical Units: 1
Total Units: 1
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
2 PORCH, OPEN   144 1 1

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 B1 B1 0 624 100
2 01 01 100 704 116
3 02 02 100 624 100
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
DWG CONV-OFFICE 8 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM UNIT NORMAL 2 2
APARTMENT 8 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM UNIT NORMAL 2 2
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 624     SUPPORT AREA 28 0.00 2,790
2 704     DWG CONV-OFFICE 28 0.00 29,480
3 624     APARTMENT 28 0.00 30,350
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 PAVING ASPHALT PARKING 1920 0 1 4,000 C FAIR (Comm)
Apartment Detail - Building 1 of 1
Line Use Use Type Per Bldg Beds Baths Units Rent Income
1 011 APARTMENT 1 2 0 1 14,400 14,400
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 6 0.00 0
01 A 500 LOW RISE APARTMENT 1 624 0.00 14,400
31 S 500 DWL OFFICE 0 704 15.00 10,560
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 12,960 45 0 0 5,832 5,832 7,128
10 0 0 9,504 35 0 0 3,326 3,326 6,178
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 1,952
Replace Cost New Less Depr62,620
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 62,620
Value per SF 32.08
Income Summary (Includes all Buildings on Parcel)
Total Net Income 13,306
Capitalization Rate 0.1006
Sub Total 132,270
Residual Land Value 0
Final Income Value 132,270
Total Net Rent Area 1,334
Total Gross Building Area 1,952

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

Page last updated:  Wednesday June 18, 2025 03:38:02 AM