COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 1196 ST JAMES AV Map ID: 111700176 Class: 325: Small Retail And Service Stores Under 10 Card: 1 of 1
Assessed Owner

FEIN JONATHAN L
60 TECUMSEH DR
LONGMEADOW MA 01106
General Information
 
Living Units:
 
  Neighborhood:   303
  Alternate:  
  Zoning:   R2
  Class:   COMMERCIAL

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 3,922   47,650
 
Total Acres: 0.0900
Assessment Information
  Assessed Appraised Cost Income Market
Land 47,700 47,700 47,700 47,700 0
Building 61,500 61,500 61,500 68,100 0
Total 109,200 109,200 109,200 115,800 0
 
Value Flag: COST APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-07-21 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
2004-11-12 105,000 LAND + BLDG 14623 / 0327 FEIN JONATHAN L
1997-07-21 0 LAND + BLDG TRANSFER OF CONVENIENCE 09935 / 0453 SECURED PROPERTY SERVICES TRUS
1996-02-16 25,000 LAND + BLDG REPOSSESSION 09393 / 0201 COMMONWEALTH FINANCIAL SERVICE
Building Information
Year Built/Eff Year: 1917 /
Building #: 1
Structure Type: RETAIL SINGLE OCCUP
Identical Units: 1
Total Units: 
Grade: C-
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 01 01 100 1,258 145
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
RETAIL STORE 9 Frame WOOD FRAME/JOIST/BEAM NORMAL HOT AIR NONE NORMAL 4 3
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 1,258     RETAIL STORE 40 0.00 60,250
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 PAVING ASPHALT PARKING 1991 1 1000 1 1,000 NORMAL (Comm)
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
03 S 303 RETAIL 0 1,258 14.75 18,556
Vac Model Vac Adj Additional Income Effective Gross Income Expense Model % Expense Adj % Expense Adj Other Expenses Total Expenses Net Operating Income
10 0 0 16,700 20 0 0 3,340 3,340 13,360
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 1,258
Replace Cost New Less Depr60,250
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 60,250
Value per SF 47.89
Income Summary (Includes all Buildings on Parcel)
Total Net Income 13,360
Capitalization Rate 0.1154
Sub Total 115,770
Residual Land Value 0
Final Income Value 115,770
Total Net Rent Area 1,258
Total Gross Building Area 1,258

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

Page last updated:  Wednesday June 18, 2025 02:57:25 PM