185 Franklin St Newton, MA 02458
Newton Corner NeighborhoodEstimated Value: $3,218,434 - $3,653,000
6
Beds
4
Baths
5,249
Sq Ft
$657/Sq Ft
Est. Value
Highlights
- Custom Closet System
- Wood Flooring
- Wet Bar
- Underwood Elementary School Rated A
- Skylights
- 5-minute walk to Burr Park
About This Home
As of December 2021Elegant Contemporary Colonial nestled among luxurious hilltop mansions in Newton’s esteemed Farlow Hill neighborhood. This well-appointed home has been beautifully renovated with outstanding craftsmanship and impressive attention to detail. Reflecting the expertise of the owner/architect, this exquisite home was intentionally upgraded with luxury, ultra-modern amenities while preserving and honoring the home’s original architectural design. Boasting 5,249 s.f. living space, this home features a spectacular new kitchen with Wolf appliances, spacious bedrooms, California Closets in the primary suite, stunning hardwood floors throughout main and 2nd floor. 3rd floor is fully finished with bedrooms and an office. Spacious lower level has a gym/recreation space and an oversize two-car underground garage. Desirably positioned near Mass Pike, parks, bike/walking trails.
Last Agent to Sell the Property
Cindy Laughrea
Engel & Völkers Wellesley Listed on: 10/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,797
Year Built
- 1920
Lot Details
- 0.35
Parking
- 2
Interior Spaces
- Wet Bar
- Skylights
- Recessed Lighting
- Pocket Doors
- Sliding Doors
Kitchen
- Breakfast Bar
- Wine Cooler
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Separate Shower
Utilities
- 4 Cooling Zones
- 4 Heating Zones
- High Speed Internet
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Dec 20, 2021
Sold by
Blanco Carlos and Parisca-Blanco Sonia
Bought by
Schultz Patrick and Schultz Polina
Seller's Agent
Cindy Laughrea
Engel & Völkers Wellesley
Buyer's Agent
Seth Mitchell
The Mitchell Group
List Price
$2,950,000
Sold Price
$3,050,000
Premium/Discount to List
$100,000
3.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,109
Avg. Annual Appreciation
3.17%
Original Mortgage
$2,440,000
Outstanding Balance
$2,271,082
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,131,072
Purchase Details
Closed on
Jan 31, 2007
Sold by
Spb Holdings Llc
Bought by
Blanco Carlos and Parisca-Blanco Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6%
Purchase Details
Closed on
Apr 26, 2005
Sold by
Metcalf Jane and Metcalf Jonathan
Bought by
Spb Hldgs Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 1997
Sold by
Eisenberg Andrew L and Eisenberg Sheryl D
Bought by
Metcalf Jonathan and Metcalf Jane
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schultz Patrick | $3,050,000 | None Available | |
| Blanco Carlos | -- | -- | |
| Spb Hldgs Llc | $1,074,200 | -- | |
| Metcalf Jonathan | $689,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schultz Patrick | $2,440,000 | |
| Closed | Schultz Patrick | $305,000 | |
| Previous Owner | Blanco Carlos | $872,000 | |
| Previous Owner | Blanco Carlos | $468,900 | |
| Previous Owner | Eisenberg Andrew L | $417,000 | |
| Previous Owner | Blanco Sonia Parisca | $385,000 | |
| Previous Owner | Spb Hldgs Llc | $390,200 | |
| Previous Owner | Metcalf Jane B | $322,700 | |
| Previous Owner | Eisenberg Andrew L | $214,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2021 12/21/21 | Sold | $3,050,000 | +3.4% | $581 / Sq Ft |
| 10/23/2021 10/23/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $2,950,000 | -- | $562 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $29,797 | $3,040,500 | $1,476,900 | $1,563,600 |
| 2024 | $28,811 | $2,951,900 | $1,433,900 | $1,518,000 |
| 2023 | $27,774 | $2,728,300 | $1,113,700 | $1,614,600 |
| 2022 | $23,540 | $2,237,600 | $1,031,200 | $1,206,400 |
| 2021 | $22,713 | $2,110,900 | $972,800 | $1,138,100 |
| 2020 | $19,978 | $1,913,600 | $972,800 | $940,800 |
| 2019 | $15,051 | $1,440,300 | $944,500 | $495,800 |
| 2018 | $14,444 | $1,334,900 | $849,300 | $485,600 |
| 2017 | $14,003 | $1,259,300 | $801,200 | $458,100 |
| 2016 | $13,393 | $1,176,900 | $748,800 | $428,100 |
| 2015 | $12,770 | $1,099,900 | $699,800 | $400,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Cindy Laughrea
Engel & Völkers Wellesley
(617) 610-3678
-
Seth Mitchell
Buyer's Agent in 2021
Seth Mitchell
The Mitchell Group
(860) 617-1844
2 in this area
89 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72910826
APN: NEWT-000072-000031-000001
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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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