COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 53 WILBRAHAM RD Map ID: 122821006 Class: 114: Affordable Housing Units Card:
of 2
Assessed Owner

KNOX RESIDENCES I LP
2001 WASHINGTON ST
HANOVER MA 02339
General Information
 
Living Units:
 
55
  Neighborhood:   901
  Alternate:  
  Zoning:   SB2I2
  Class:   A

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
APT-SUB-PER UNIT UNITS 55.00   825,000
 
Total Acres: 0.9157
Assessment Information
  Assessed Appraised Cost Income Market
Land 825,000 825,000 825,000 825,000 0
Building 2,142,700 2,142,700 2,170,900 2,142,700 0
Total 2,967,700 2,967,700 2,995,900 2,967,700 0
 
Value Flag: INCOME APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2024-07-30 HC ENTRY GAINED OTHER
2023-05-22 HC UNOCCUPIED OTHER
2022-08-08 MF OTHER
2010-09-13 3 ESTIMATED FOR MISC REASON OTHER
Permit Information
Date Issued Number Price   Purpose % Complete
2022-02-24 OT-00034AL 15315000   AL 100
2022-02-24 OT-00008ER 395000   ER 100
2022-01-28 OT-00014AL 100   AL 100
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2022-02-11 11,000 LAND + BLDG SALE OF MULTIPLE PARCELS 24401 / 350 KNOX RESIDENCES I LP
2009-11-09 0 LAND + BLDG TO/FROM GOVERNMENT 18064 / 580 SPRINGFIELD CITY OF
2004-12-14 0 LAND + BLDG TRANSFER OF CONVENIENCE 14696 / 0499 TORREL JR LLC
1999-03-01 62,500 LAND + BLDG 10669 / 0089 D L HARRIS TORREL
1999-03-01 62,500 LAND + BLDG 10669 / 0087 D L HARRIS TORREL
1999-03-01 0 LAND + BLDG 10669 / 0085 NUGER PAUL
1998-02-19 0 LAND + BLDG TRANSFER OF CONVENIENCE 10166 / 0437 NUGER REALTY LIMITED PARTNERSH
1981-10-23 125,000 LAND + BLDG INTRA-CORPORATE 05180 / 0100 NUGER, HAROLD G. + PAUL
CARD 1 of 2
Building Information
Year Built/Eff Year: 1890 / 2023
Building #: 1
Structure Type: APARTMENTS - GARDEN
Identical Units: 1
Total Units: 55
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
1 ELEVATOR ELECTRIC FREIGHT   4,000 75 4 1
1 SPRINKLER SYS WET   64,200 1 1

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 01 01 100 16,050 430
2 02 04 100 16,050 430
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
APARTMENT 12 Brick Veneer FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 5 4
APARTMENT 12 Brick Veneer FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 5 4
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 16,050     APARTMENT 98 0.00 3,075,840
2 16,050     APARTMENT 98 0.00 7,510,760
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
Apartment Detail - Building 1 of 2
Line Use Use Type Per Bldg Beds Baths Units Rent Income
1 011 APARTMENT 36 1 0 36 10,800 388,800
3 011 APARTMENT 19 2 0 19 12,600 239,400
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 1,716 0.00 0
01 A 999 LOW RISE APARTMENT 55 64,200 0.00 120 753,840
04 S 200 LOW RISE OFFICE 0 1,716 14.50 24,882
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
4 50 0 738,763 66 0 106 517,134 517,134 221,629
15 0 0 21,150 45 0 0 9,518 9,518 11,632
Building Cost Detail - Building 1 of 2
Total Gross Bldg Area 64,200
Replace Cost New Less Depr10,586,600
% Complete 100
# Identical Units 1
Econ Conditions Factor 20
Final Building Value 2,117,320
Value per SF 164.90
Income Summary (Includes all Buildings on Parcel)
Total Net Income 233,261
Capitalization Rate 0.0786
Sub Total 2,967,700
Residual Land Value 0
Final Income Value 2,967,700
Total Net Rent Area 67,632
Total Gross Building Area 67,632

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

Page last updated:  Monday December 22, 2025 05:14:48 AM