NOT LISTED FOR SALE

57 Silver St Unit 59 Norwood, MA 02062

North Norwood Neighborhood

Estimated Value: $744,406 - $852,000

4 Beds
3 Baths
2,388 Sq Ft
$340/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $609,000 $255 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,433/month

3 Days on Market

About This Home

As of January 2022

Excellent 3 family investment opportunity with prime location!! Mirroring 1 bedroom units on the first floor and large 2 bedroom unit on the second floor. Separate utilities for all units (gas and electric), Vinyl replacement windows, updated electrical, Mostly hardwood floors through out. Top floor could easily be converted into a 3 bedroom. Phenomenal location!! peaceful side street off of Nahatan; walking distance to Norwood Center, Train, Shopping, Restaurants, Entertainment, and more. Minutes to rt.1, 109, 128 and i-95. Estimated income for this property as-is: $4,200 a month ($1200 for each 1 bedroom unit and $1800 for the 2 bedroom). House is rentable as-is and has lots of room for improvement. Showings are by APPOINTMENT ONLY. Any offers due by Monday 6:00pm. Virtual tour and floor plans available for reference: https://tours.hometourvision.com/x436723

Last Agent to Sell the Property

Adam Stivaletta

The Agency Boston Listed on: 12/16/2021

The Agency Boston

Last Buyer's Agent

Maggie Coppens

Coldwell Banker Realty - Westwood

Coldwell Banker Realty - Westwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72

Year Built

  • 1860

Lot Details

  • 6,534

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72

Year Built

1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Nahatan to Silver
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1860

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Full
  • Total Bathrooms: 3
  • MAIN LO: BB3351
  • LIST PRICE PER Sq Ft: 238.27
  • PRICE PER Sq Ft: 255.03
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Stories: 4

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Disclosures: Being Sold As-Is. Lead Cert For 2nd Floor Unit. Income/Expenses Are Approximate. Roof Approx 15yrs Old. 2 Newer Water Heaters.
  • Exclusions: Upstairs Washer And Dryer.
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup, Unit 3 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Annual Water Sewer Expense: 1440

Lot Info

  • LOT SIZE: 6562
  • PAGE: 468
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6534
  • Zoning: R

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1
  • Annual Gross Income: 50400
  • Insurance Expense: 2200
  • Property Net Operating Income: 46760
  • Number Of Units Total: 3
  • Annual Operating Expense: 3640
  • Total Actual Rent: 4200

Tax Info

  • Tax Annual Amount: 5971.64
  • Tax Book Number: 13187
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 21, 2022
Sold by
Bickerton Cheryl
Bought by
Gray Ari
Seller's Agent
Adam Stivaletta
The Agency Boston
Buyer's Agent
Maggie Coppens
Coldwell Banker Realty - Westwood
List Price
$569,000
Sold Price
$609,000
Premium/Discount to List
$40,000
7.03%
Current Estimated Value
$812,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,602
Avg. Annual Appreciation
7.01%
Original Mortgage
$456,750
Outstanding Balance
$426,077
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,641

Purchase Details

Closed on
Jul 12, 2007
Sold by
Bickerton Cheryl and Eosco Janet R
Bought by
Bickerton Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2006
Sold by
Bickerton Cheryl
Bought by
Bickerton Cheryl and Eosco Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.4%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Ahearn David C
Bought by
Noonan Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,360
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Gray Ari $609,000 None Available
Bickerton Cheryl -- --
Bickerton Cheryl -- --
Noonan Cheryl $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Ari $456,750
Previous Owner Bickerton Cheryl $294,000
Previous Owner Bickerton Cheryl $278,000
Previous Owner Noonan Cheryl $8,580
Previous Owner Noonan Cheryl $182,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $609,000 +7.0% $255 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $569,000 -- $238 / 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 $72 $684,500 $305,500 $379,000
2024 $6,678 $637,800 $305,500 $332,300
2023 $5,909 $572,600 $256,400 $316,200
2022 $5,905 $549,300 $233,100 $316,200
2021 $5,972 $526,600 $224,600 $302,000
2020 $5,433 $487,300 $220,500 $266,800
2019 $4,972 $456,600 $212,000 $244,600
2018 $4,866 $438,800 $211,000 $227,800
2017 $4,744 $425,500 $211,000 $214,500
2016 $4,508 $405,400 $211,000 $194,400
2015 $3,935 $343,100 $200,200 $142,900
2014 $3,905 $337,200 $187,500 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Adam Stivaletta

    Seller's Agent in 2022

    Adam Stivaletta

    The Agency Boston

    (781) 844-2149

    14 in this area

    118 Total Sales

    Section Image
  • Maggie Coppens

    Buyer's Agent in 2022

    Maggie Coppens

    Coldwell Banker Realty - Westwood

    (617) 653-1377

    3 in this area

    89 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72928264

MLS Property Information Network (MLS PIN)

APN: NORW-000013-000005C-000044

Massachusetts Norfolk County Norwood 02062 North Norwood

57 Silver St Unit 59, Norwood, MA

This home is located at 57 Silver St Unit 59, Norwood, MA 02062 since 16 December 2021 and is currently estimated at $812,602, approximately $340 per square foot. This property was built in 1860. 57 Silver St Unit 59 is a home located in Norfolk County with nearby schools including Norwood High School, St Catherine Of Siena School, and Xaverian Brothers High School.

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.

MLS Property Information Network (MLS PIN) 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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