NOT LISTED FOR SALE

12 Magnolia Dr Franklin, MA 02038

Estimated Value: $477,000 - $617,000

2 Beds
3 Baths
2,159 Sq Ft
1987 Built

Last Sold June 25, 2014

Last sale price $310,000 $144 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,600/month

46 Days on Market

About This Home

As of June 2014

Spacious two bedroom Town House at Chestnut Ridge. Features include sun filled living room with cathedral ceiling, skylights, balcony, sliders opening to deck, wood burning fireplace and wet bar, Two large bedrooms with vaulted ceilings, family room on first level that could be used as a first floor bedroom or den, full basement with plenty of storage, security system, two decks overlooking private yard. Complex has pool and tennis courts. Close to route 495 and Franklin commuter Rail

Last Agent to Sell the Property

Henry Valati

William Raveis Prime License #449524509 Listed on: 03/23/2014

William Raveis Prime

Last Buyer's Agent

Barbara Powers

Coldwell Banker Realty - Franklin License #449000353

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,777

Year Built

1987

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Security System, Wetbar
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Ceiling - Cathedral, Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Vinyl
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Condominium Name: Chestnut Ridge
  • Association Fee Includes: Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 56
  • Unit Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2014
Closed on
Jun 25, 2014
Sold by
Cahill Ralph F and Cahill Judith
Bought by
Beckerman Douglas and Beckerman Maureen S
Seller's Agent
Henry Valati
William Raveis Prime
Buyer's Agent
Barbara Powers
Coldwell Banker Realty - Franklin
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$564,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,584
Avg. Annual Appreciation
5.72%
Original Mortgage
$248,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1987
Sold by
Montropoli Jennaro
Bought by
Rossi Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.96%
Mortgage Type
Purchase Money Mortgage
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
Beckerman Douglas $310,000 --
Rossi Dennis A $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckerman Douglas $90,000
Open Beckerman Douglas $251,000
Closed Beckerman Douglas $248,000
Previous Owner Rossi Dennis A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $310,000 0.0% $144 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/27/2014 04/27/14 Off Market $310,000 -- --
03/23/2014 03/23/14 For Sale $319,900 -- $148 / 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 $5,777 $497,200 $0 $497,200
2024 $5,636 $478,000 $0 $478,000
2023 $5,462 $434,200 $0 $434,200
2022 $5,383 $383,100 $0 $383,100
2021 $4,947 $337,700 $0 $337,700
2020 $5,044 $347,600 $0 $347,600
2019 $4,633 $316,000 $0 $316,000
2018 $4,662 $318,200 $0 $318,200
2017 $4,383 $300,600 $0 $300,600
2016 $4,308 $297,100 $0 $297,100
2015 $4,516 $304,300 $0 $304,300
2014 $3,673 $254,200 $0 $254,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71648801

MLS Property Information Network (MLS PIN)

APN: FRAN-000281-000000-000001-000012