NOT LISTED FOR SALE

1025 W Central St Franklin, MA 02038

Estimated Value: $551,013 - $796,000

2.55 Acres
$248,433 Price per Acre
111,078 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $475,000 $148 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,974/month

37 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Forge Park/Route 495
  • Shops
  • Oak Street Elementary School Rated A-
  • Jogging Path
  • Lot Has A Rolling Slope

About This Lot

As of November 2022

Attention Builders & Developers! Come check out this Possible 5+ Lot Subdivision on this 2.55 acres of pristine land in wildly popular Franklin across from the Forge Park Commuter Rail, and abutting Garelick Farms' property. This lot falls under SF Residential IV Zoning (15,000 SF per lot & 100 SF Frontage). There is town water, sewer and electricity on the property. Gas is at the street. This is a rare parcel of land to build residential homes on, in sought after Franklin, MA. Buyer to do their own due diligence. Quick closing possible. Seller is in the process of removing personal property from the grounds. Plot Plan is attached to the listing. Different housing types, other than single family may be a possibility.

Last Agent to Sell the Property

Michelle Sebio Savje

Coldwell Banker Realty - Franklin Listed on: 07/06/2022

Coldwell Banker Realty - Franklin

Co-Listed By

Kevin Waxman

Coldwell Banker Realty - Franklin

Last Buyer's Agent

Cheryl Luccini

Keller Williams Elite

Keller Williams Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,492

Lot Details

  • 2.55 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned CRPC

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:272 L:019,91714

Community Details

Amenities

  • Shops

Recreation

  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$8,492

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 1
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN3490
  • MAIN SO: BB5301

Exterior Features

  • Road Frontage Type: Public
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, University

Lot Info

  • Parcel Number: M:272 L:019,91714
  • Zoning: CRPC
  • Farm Land Area Units: Square Feet
  • Lot Features: Rolling Slope, Gentle Sloping, Other
  • Lot Size Acres: 2.55
  • Lot Size Area: 2.55
  • Lot Size Sq Ft: 110947
  • Lot Size Units: Acres
  • PAGE: 294
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8492
  • Tax Book Number: 8896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Shawabkeh Realty Llc
Bought by
Rda Llc
Total Days on Market
37
Current Estimated Value
$633,503
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rda Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bretana Michael C $75,000
Previous Owner Bretana Michael C $50,000
Previous Owner Bretana Michael C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $475,000 -26.9% $148 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $650,000 -- $202 / 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 $5,497 $473,100 $420,700 $52,400
2024 $5,486 $465,300 $420,700 $44,600
2023 $9,152 $727,500 $459,300 $268,200
2022 $8,492 $604,400 $350,600 $253,800
2021 $8,942 $610,400 $377,500 $232,900
2020 $8,303 $572,200 $381,000 $191,200
2019 $7,352 $501,500 $334,200 $167,300
2018 $7,171 $489,500 $341,000 $148,500
2017 $6,939 $475,900 $334,200 $141,700
2016 $9,028 $622,600 $482,400 $140,200
2015 $8,726 $588,000 $435,800 $152,200
2014 $8,313 $575,300 $423,100 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73008106

MLS Property Information Network (MLS PIN)

APN: FRAN-000272-000000-000019