NOT LISTED FOR SALE

16 Ledge St Franklin, MA 02038

Downtown Franklin Neighborhood

Estimated Value: $810,000 - $868,000

6 Beds
3 Baths
2,952 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 28, 2012

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

Est. 392% increase in value since last sale

Current estimated payment $5,008/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

Alan Yanofsky

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

RE/MAX Real Estate Center

Last Buyer's Agent

Alan Yanofsky

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
$832,000

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
Alan Yanofsky
RE/MAX Real Estate Center
Buyer's Agent
Alan Yanofsky
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
12.30%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

  • Alan Yanofsky

    Seller's Agent in 2012

    Alan Yanofsky

    RE/MAX

    (508) 277-4677

    34 Total Sales

    Alan Yanofsky
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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

Not Listed for Sale

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