NOT LISTED FOR SALE

332 S Silver Ln Sunderland, MA 01375

Estimated Value: $441,000 - $512,000

5 Beds
3 Baths
2,404 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $469,000 $195 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,626/month

26 Days on Market

Highlights

  • Wood Flooring
  • Jogging Path
  • Living Room
  • Home Office
  • Porch
  • Shops

About This Home

As of August 2024

Located on a sprawling 1.1-acre lot, this updated 2-family farmhouse offers separate utilities & presents itself as a promising investment property or owner-occupied residence. The property boasts a large yard, providing ample outdoor space for relaxation & entertainment. Its convenient location offers easy access to major routes, schools & shopping, enhancing its appeal for potential buyers & renters. The 4-bedroom unit is ideal for a larger family or for those who desire extra space, while the 1-bedroom unit provides flexibility for rental income or accommodating guests. This versatile layout caters to various living arrangements and preferences, making it suitable for a wide range of occupants. Amenities are many & include wood & tile floors throughout, laundry for both units, 3 porches & more. This farmhouse presents an attractive opportunity for investors or homeowners seeking a spacious and well-maintained property with potential for rental income. A great find in today's market!

Last Agent to Sell the Property

Jacqueline Zuzgo

5 College REALTORS® Listed on: 06/12/2024

Last Buyer's Agent

Craig Della Penna

The Murphys REALTORS® , Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,393

Year Built

  • Built in 1920

Lot Details

  • 1.1 Acre Lot
  • Near Conservation Area
  • Gentle Sloping Lot
  • Garden

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,404 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Home Office

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near schools

Schools

  • Sunderland Elementary School
  • Frontier Middle School
  • Frontier High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $5,140
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 72
  • Assessor Parcel Number M:0012 B:0000 L:72,3951438

Community Details

Recreation

  • Jogging Path

Building Details

  • Insurance Expense $2,500
  • Water Sewer Expense $302
  • Operating Expense $5,802
  • Net Operating Income $56,478

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,393

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Internet Available - Unknown, Remodeled, Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2404
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN1019
  • LIST PRICE PER Sq Ft: 195.09
  • PRICE PER Sq Ft: 195.09
  • MAIN SO: E21001

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Block
  • Frontage Length: 142
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Propane, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Shopping, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 302

Lot Info

  • Parcel Number: M:0012 B:0000 L:72,3951438
  • Zoning: RR
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Size Sq Ft: 47986
  • Lot Size Units: Acres
  • PAGE: 255
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5393
  • Tax Block: 0
  • Tax Book Number: 6816
  • Tax Lot: 72
  • Tax Map Number: 12

Multi Family

  • Gross Income: 62280
  • Insurance Expense: 2500
  • Net Operating Income: 56478
  • Number Of Units Total: 2
  • Operating Expense: 5802
  • Total Actual Rent: 5140
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Frontier
  • Elementary School: Sunderland
  • Middle Or Junior School: Frontier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2014
Sold by
Valley Building Co Inc
Bought by
Eliopoulos Theofilos and Eliopoulos Lisa
Current Estimated Value
$482,074

Purchase Details

Closed on
Jul 2, 2014
Sold by
Rowell Peter J and Rowell Jean R
Bought by
Valley Building Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 2013
Sold by
Rowell Peter J and Rowell Jean R
Bought by
Wright Susan M
Source: Public Records

Range of Values:

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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
Eliopoulos Theofilos $70,000 --
Valley Building Co Inc $234,000 --
Wright Susan M -- --
Wright Susan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bleecher Rebecca $375,200
Closed Bleecher Rebecca $375,200
Closed Kipa Realty Inc $504,000
Previous Owner Valley Building Co Inc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $469,000 0.0% $195 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $469,000 0.0% $195 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $469,000 -- $195 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $53 $410,400 $125,300 $285,100
2024 $5,393 $410,400 $125,300 $285,100
2023 $4,936 $385,600 $113,900 $271,700
2022 $4,973 $338,300 $97,700 $240,600
2021 $4,689 $302,700 $90,500 $212,200
2020 $105 $302,700 $90,500 $212,200
2019 $88 $294,800 $87,900 $206,900
2018 $79 $277,100 $84,400 $192,700
2017 $63 $210,000 $84,400 $125,600
2016 $3,014 $205,600 $82,700 $122,900
2015 $4,227 $295,400 $116,900 $178,500
2014 $4,184 $299,300 $120,800 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73252346

MLS Property Information Network (MLS PIN)

APN: SUND-000012-000000-000072