NOT LISTED FOR SALE

122 S Silver Ln Sunderland, MA 01375

Estimated Value: $556,000 - $1,012,000

11 Beds
6 Baths
4,596 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2021

Last sale price $415,000 $90 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,463 / mo

21 Days on Market

About This Home

As of October 2021

Wonderful opportunity for investment property ownership with potential for related income set on serene and tranquil 2.5 acre parcel. Current use is as a three family featuring 19 rooms, 11 bedrooms, 5.5 baths with attic space for future expansion. In need of some renovations but now is the time for conversion to create highest value best future use. Detached large barn provides great opportunity for storage, workshop or the center piece for future farming activities. Conveniently located with easy access to the five college consortium as well as the vibrant activities of downtown Amherst. Bring your creative design talents and take advantage of this terrific opportunity .

Last Agent to Sell the Property

Brad McGrath

Coldwell Banker Community REALTORS® Listed on: 08/17/2021

Coldwell Banker Community REALTORS®

Last Buyer's Agent

Jacqueline Zuzgo

5 College REALTORS®

Property Details

Home Type

  • Multi-Family

Year Built

  • 1817

Lot Details

  • 2.51

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1817

Lot Details

2.51 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Off 116 to Old Amherst Road to Silver Lane to South Silver Lane
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1817

Interior Features

  • Appliances: Oil Water Heater,Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Partial
  • MAIN LO: E21201
  • MAIN SO: AN1019
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Tile,Vinyl,Carpet
  • Interior Amenities: Other (See Remarks)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame
  • Lot Features: Level
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 15

Utilities

  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Electric: Circuit Breakers
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Walk/Jog Trails, Stable(s), Highway Access, University

Lot Info

  • LOT SIZE: 109335
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 109335.599999
  • Zoning: RR

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 288070
  • Tax Block: 74
  • Tax Book Number: 7294
  • Tax Map Number: 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 29, 2021
Sold by
Squire Vlg Sunderland Llc
Bought by
Silver Lane Llc
Seller's Agent
Brad McGrath
Coldwell Banker Community REALTORS®
Buyer's Agent
Jacqueline Zuzgo
5 College REALTORS®
List Price
$500,000
Sold Price
$415,000
Premium/Discount to List
-$85,000
-17%
Current Estimated Value
$741,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,000
Avg. Annual Appreciation
13.85%
Original Mortgage
$517,000
Outstanding Balance
$465,274
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,726

Purchase Details

Closed on
Nov 27, 2018
Sold by
Squire Village Apartments
Bought by
Squire Village Sunderland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,090,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silver Lane Llc $415,000 None Available
Squire Village Sunderland $13,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Lane Llc $517,000
Previous Owner Squire Village Sunderland $12,090,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $415,000 -17.0% $90 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $500,000 -- $109 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,743 $517,900 $133,500 $384,400
2024 $6,805 $517,900 $133,500 $384,400
2023 $5,714 $446,400 $121,300 $325,100
2022 $4,742 $322,600 $104,000 $218,600
2021 $4,461 $288,000 $96,300 $191,700
2020 $4,447 $288,000 $96,300 $191,700
2019 $4,663 $304,200 $93,500 $210,700
2018 $4,283 $285,500 $90,000 $195,500
2017 $4,094 $285,500 $90,000 $195,500
2016 $4,257 $290,400 $88,100 $202,300
2015 $4,156 $290,400 $88,100 $202,300
2014 $4,060 $290,400 $88,100 $202,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72882491

MLS Property Information Network (MLS PIN)

APN: SUND-000009-000000-000074

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