NOT LISTED FOR SALE

16 Ledge St Franklin, MA 02038

Downtown Franklin Neighborhood

Estimated Value: $792,000 - $816,000

6 Beds
3 Baths
2,952 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $169,050 $57 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $4,884/month

20 Days on Market

About This Home

As of February 2012

Three family in Franklin with 9 bedrooms in 2952 sq. ft. of living area. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Property to be placed in an upcoming auction. All auction properties are subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission.

Last Agent to Sell the Property

Asset Management Division

RE/MAX Real Estate Center Listed on: 01/09/2012

RE/MAX Real Estate Center

Last Buyer's Agent

Asset Management Division

RE/MAX Real Estate Center Listed on: 01/09/2012

RE/MAX Real Estate Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,518

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 3.00
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14

Exterior Features

  • Exterior: Aluminum
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8

Lot Info

  • Assessor Parcel Number: M:285 L:052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2014
Sold by
K & J Rt
Bought by
S & D Development Llc
Current Estimated Value
$803,000

Purchase Details

Closed on
May 17, 2012
Sold by
Clement Steven P
Bought by
K & J Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 28, 2012
Sold by
Fnma
Bought by
Clement Steven P
Seller's Agent
Asset Management Division
RE/MAX Real Estate Center
Buyer's Agent
Asset Management Division
RE/MAX Real Estate Center
List Price
$219,900
Sold Price
$169,050
Premium/Discount to List
-$50,850
-23.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Angelo Susan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 17, 2000
Sold by
Ledge St T
Bought by
Angelo Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
S & D Development Llc -- --
K & J Rt -- --
Clement Steven P $169,050 --
Federal National Mortgage Association $286,204 --
Angelo Susan $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner K & J Rt $200,000
Previous Owner Angelo Susan $172,800
Previous Owner Angelo Susan $172,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $169,050 -23.1% $57 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $219,900 -- $74 / 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 $7,518 $647,000 $236,600 $410,400
2024 $6,885 $584,000 $236,600 $347,400
2023 $6,703 $532,800 $258,300 $274,500
2022 $6,422 $457,100 $197,200 $259,900
2021 $6,503 $443,900 $205,300 $238,600
2020 $5,996 $413,200 $207,100 $206,100
2019 $5,301 $361,600 $181,700 $179,900
2018 $5,044 $344,300 $185,300 $159,000
2017 $4,860 $333,300 $181,700 $151,600
2016 $4,897 $337,700 $188,700 $149,000
2015 $4,934 $332,500 $170,500 $162,000
2014 $4,732 $327,500 $165,500 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71325273

MLS Property Information Network (MLS PIN)

APN: FRAN-000285-000000-000052

Massachusetts Norfolk County Franklin 02038 Downtown Franklin

16 Ledge St, Franklin, MA

This home is located at 16 Ledge St, Franklin, MA 02038 since 09 January 2012 and is currently estimated at $803,000, approximately $272 per square foot. This property was built in 1900. 16 Ledge St is a home located in Norfolk County with nearby schools including Gerald M. Parmenter Elementary School, Remington Middle School, and Franklin 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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