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
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General Information |
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Living Units: |
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Neighborhood: |
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303 |
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Alternate: |
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Zoning: |
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R2 |
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Class: |
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COMMERCIAL
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Land Information |
Type |
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Size |
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Influence Factors |
Influence % |
Value |
PRIMARY |
SF |
3,922 |
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47,650 |
| Total Acres: 0.0900 | | |
Assessment Information |
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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 |
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Value Flag: COST APPROACH |
Manual Override Reason: |
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Entrance Information |
Date |
ID |
Entry Code |
Source |
2010-07-21 |
1 |
ESTIMATED FOR MISC REASON |
OTHER |
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Permit Information |
Date Issued |
Number |
Price |
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Purpose |
% Complete |
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Sales/Ownership History |
Transfer Date |
Price |
Type |
Validity |
Deed Ref. |
Deed Type |
Grantee |
2004-11-12 |
105,000 |
LAND + BLDG |
|
14623 / 0327 |
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FEIN JONATHAN L |
1997-07-21 |
0 |
LAND + BLDG |
TRANSFER OF CONVENIENCE |
09935 / 0453 |
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SECURED PROPERTY SERVICES TRUS |
1996-02-16 |
25,000 |
LAND + BLDG |
REPOSSESSION |
09393 / 0201 |
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COMMONWEALTH FINANCIAL SERVICE |
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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: | | |
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Building Other Features |
Line |
Type |
+/- |
Meas1 |
Meas2 |
# Stops |
Ident Units |
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Interior / Exterior Information |
Line |
Level From |
-To |
Int Fin |
Area |
Perim |
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1 |
01 |
01 |
100 |
1,258 |
145 |
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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 |
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Interior/Exterior Valuation Detail |
Line |
Area |
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Use Type |
% Good |
% Complete |
Value/RCNLD |
1 |
1,258 |
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RETAIL STORE |
40 |
0.00 |
60,250 |
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Outbuilding Data |
Line |
Type |
Yr Blt |
Meas1 |
Meas2 |
Qty |
Area |
Grade |
Condition |
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1 |
PAVING ASPHALT PARKING |
1991 |
1 |
1000 |
1 |
1,000 |
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NORMAL (Comm) |
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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 |
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18,556 |
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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 |
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Building Cost Detail - Building 1 of 1 |
Total Gross Bldg Area | 1,258 |
Replace Cost New Less Depr | 60,250 |
% Complete | 100 |
# Identical Units | 1 |
Econ Conditions Factor | 0 |
Final Building Value | 60,250 |
Value per SF | 47.89 |
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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 |
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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