Active Under Contract
5 Days on market
7 Thompson Street Palmer — Photo 1 of 42

7 Thompson Street Palmer — Photo 1 of 42

$349,900

7 Thompson Street, Palmer, MA 01069

Palmer, MA 01069

Beds

3

Baths

2

SqFt

1,344

Style

Single Family

Built

1997

OPEN HOUSE CANCELLED! Room to live, room to grow, and a location close to Lake Thompson! This inviting 3-bedroom, 2-bath ranch offers comfortable one-level living with an open, functional layout and exciting potential to create even more space. The living room flows naturally into the dining room, where sliders lead to the deck—perfect for entertaining, outdoor dining, or simply enjoying the fresh air. Three comfortable bedrooms, two full baths, and convenient first-floor laundry make everyday living easy. And there's even more potential below! The spacious basement offers an excellent opportunity to expand the home's usable living space and create the rooms you've been dreaming of. Imagine a finished lower level with a family or recreation room, home office, gym, playroom, hobby space, or guest area. With plenty of room to work with, the basement provides the opportunity to customize and add valuable functionality over time. Outside, enjoy a welcoming front porch, large yard, and deck with plenty of space for relaxing, gardening, entertaining, and enjoying the outdoors. Conveniently located close to Lake Thompson, this home combines the ease of ranch-style living with the flexibility to grow into the space you need. Whether you're looking for comfortable one-level living, room to expand, or a place to create your own vision, this ranch is ready to welcome you home!

Key facts

It was listed on September 29, 2026. The annual property taxes are $5,594 (2026 tax year). It sits on a 0.58-acre (25,059 sq ft) lot.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$260/sqft
Local Avg (Palmer)$251/sqft
4% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Palmer, MA.

Property Details

Financials

Original Price$349,900
Annual Taxes$5,594

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet
BasementFull, Interior Entry, Bulkhead

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres0.58
SqFt Lot25,059
Lot FeaturesCleared, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Park • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Bedroom 2Bedroom 3Bathroom 2
Main,First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl Main,First

Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access

Dining Room
Lvl Main,First

Ceiling Fan(s), Flooring - Wood, Exterior Access, Slider

Kitchen
Lvl Main,First

Flooring - Stone/Ceramic Tile, Chair Rail, Dryer Hookup - Electric, Washer Hookup, Beadboard

Primary Bedroom
Lvl Main,First

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Questions about this home

When was 7 Thompson Street, Palmer listed?

7 Thompson Street, Palmer was listed on September 29, 2026.

Has the price of 7 Thompson Street, Palmer changed?

The price hasn't changed since it was listed at $349,900.

What are the property taxes for 7 Thompson Street, Palmer?

The annual property taxes for 7 Thompson Street, Palmer are $5,594 (2026 tax year).

How big is the lot at 7 Thompson Street, Palmer?

7 Thompson Street, Palmer sits on a 0.58-acre (25,059 sq ft) lot.

What is the status of 7 Thompson Street, Palmer?

7 Thompson Street, Palmer is under contract, and the MLS still lists it as active.

Population

8,821

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$80K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

25.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 25,059 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Dana Ivers

Listing Office: Coldwell Banker Realty - Western MA

MLS® Number: 73584104