Financial
Distress signals
Property profile

253 Belmont Ave Springfield, MA 01108

OFF-MARKET
Investment properties
Property ID
US38-2377557
1,792 SF 0.14 ac lot Built 1915
Last sale Jul 2021 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$296k
Assessed land$60k
Assessed improvement$236k

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$40 – $115
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Parking Facility10.4
HVAC Service9.8

Location

253 Belmont Ave Springfield, MA 01108-2043
County assessor Recorded deeds · 10 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19 Locust, Springfield, MA 01108-1001 $230,000 Oct 2024 2,277 SF
110 Appleton, Springfield, MA 01108-2903 $250,000 Aug 2022 1,836 SF
318 Belmont, Springfield, MA 01108-2045 $340,000 May 2021 3,036 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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