Seller's Agent in 2024
Maddy Ceruti
Century 21 AllPoints Realty
(860) 559-0978
1 in this area
143 Total Sales
42 Depot St Southwick, MA 01077
Estimated Value: $673,000 - $1,867,981
22.44
Acres
$57,590
Price per Acre
977,486
Sq Ft Lot
Highlights
- 22.44 Acre Lot
- Wooded Lot
- Jogging Path
- Property is near public transit
- No HOA
- Gentle Sloping Lot
About This Lot
As of January 2024Amazing opportunity to jump right in and begin this fully approved 100-unit development opportunity in beautiful Southwick! All of the approvals are in place and ready for your vision to come to life. The zoning allows for condos or apartments. Rent some units, sell some units, rent or sell them all - the option is yours! This is a stunning setting with direct access to the bike/walking path and located near town amenities, golf course, easy highway access and more. Southwick is well positioned for new housing that can accommodate both MA and CT employees. A 2-family home is currently on the lot and could be used for additional rental income and/or a construction office during the project. Additionally, there are barns on site for machinery and materials storage. There is approx. 70,000 cubic yards of material to be removed that has been partially tested and revealed sand-based gravel - perfect for use for sidewalks and roads!
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,150
Lot Details
- 22.44 Acre Lot
- Gentle Sloping Lot
- Cleared Lot
- Wooded Lot
- Rough Grade
- Property is zoned R20A
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number 3594657
Community Details
Overview
- No Home Owners Association
Recreation
- Jogging Path
- Bike Trail
- Electricity Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2022
Closed on
Jan 19, 2024
Sold by
Right Hand Clyde Re Llc
Bought by
Shri Hari Holdings Llc
Seller's Agent
Maddy Ceruti
Century 21 AllPoints Realty
Buyer's Agent
Maddy Ceruti
Century 21 AllPoints Realty
List Price
$2,200,000
Sold Price
$1,925,000
Premium/Discount to List
-$275,000
-12.5%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$632,673
Avg. Annual Appreciation
-21.57%
Original Mortgage
$1,374,393
Outstanding Balance
$1,353,198
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$60,871
Purchase Details
Listed on
Oct 4, 2019
Closed on
Jan 11, 2022
Sold by
Malone William J and Malone Elizabeth
Bought by
Right Hand Clyde Re Llc
Seller's Agent
Judith Galanek
Galanek Associates, Inc.
Buyer's Agent
Judith Galanek
Galanek Associates, Inc.
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shri Hari Holdings Llc | $1,925,000 | None Available | |
| Right Hand Clyde Re Llc | $750,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shri Hari Holdings Llc | $1,374,393 | |
| Previous Owner | Malone William J | $85,000 | |
| Previous Owner | Malone Elizabeth | $50,000 | |
| Previous Owner | Malone Elizabeth G | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Sold | $1,925,000 | -12.5% | $856 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $2,200,000 | +319.0% | $979 / Sq Ft |
| 01/21/2022 01/21/22 | Sold | $525,000 | -12.5% | $234 / Sq Ft |
| 03/07/2020 03/07/20 | Pending | -- | -- | -- |
| 10/04/2019 10/04/19 | Price Changed | $599,900 | +20.0% | $267 / Sq Ft |
| 08/16/2019 08/16/19 | For Sale | $500,000 | -- | $222 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $12,417 | $797,500 | $562,600 | $234,900 |
| 2024 | $12,034 | $777,900 | $544,400 | $233,500 |
| 2023 | $5,199 | $322,700 | $108,600 | $214,100 |
| 2022 | $5,050 | $297,400 | $101,800 | $195,600 |
| 2021 | $4,934 | $280,500 | $101,800 | $178,700 |
| 2020 | $4,876 | $278,800 | $101,800 | $177,000 |
| 2019 | $4,740 | $271,300 | $100,600 | $170,700 |
| 2018 | $4,748 | $271,300 | $100,600 | $170,700 |
| 2017 | $4,516 | $254,700 | $92,000 | $162,700 |
| 2016 | $4,355 | $254,700 | $92,000 | $162,700 |
| 2015 | $4,157 | $245,400 | $90,800 | $154,600 |
Source: Public Records
Agents Affiliated with this Home
-
Maddy Ceruti
-
Chantal Lallier
Seller Co-Listing Agent in 2024
Chantal Lallier
Century 21 AllPoints Realty
(860) 729-4176
1 in this area
94 Total Sales
-
J
Seller's Agent in 2022
Judith Galanek
Galanek Associates, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72957315
APN: SWIC-000089-000000-000030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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