NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,163,000

5 Beds
4 Baths
3,877 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $885,000 $228 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,275/month

34 Days on Market

Highlights

  • 0.62 Acre Lot
  • 1 Fireplace
  • 2 Car Garage
  • Deck
  • Porch

About This Home

As of February 2023

Introducing 198 Franklin Street. Come see this grand 2 family with over 3800 sq ft. 5 bedrooms and 4 baths. Ms. Franklin is just waiting to be restored to her glory days and has been in the same family for over 60 years. The first floor unit welcomes you with a vast sun filled living room & dining room. There is an oversized bedroom with an ensuite bath. Also a bonus room with bathroom and french doors leading to the outdoor veranda. Let's not forget the good sized kitchen too. The 2nd floor unit boast 3 large bedrooms on 2 different levels. There is an office, an eat in kitchen, a family room with a front and back porch to sit out and enjoy the fabulous views, grill or just read a book. There is a 2 car garage, plenty of parking in the driveway and a Reeds Ferry shed. The possibilities are endless with this massive home. The location is superb. Near schools, public transportation, shopping, restaurants & Whip Hill Park. Come see this beauty for yourselves.

Last Agent to Sell the Property

Linda Costanzo

Keller Williams Realty Boston-Metro | Back Bay Listed on: 12/08/2022

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Laxmi Khanal

StartPoint Realty

StartPoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,962

Year Built

  • Built in 1900

Lot Details

  • 0.62

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,877 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Colonial Park Elementary School
  • Stoneham Middle School
  • Stoneham High School

Additional Features

  • 0.62 Acre Lot
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:03 B000 L:13,767079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,962

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 3877
  • Stories Total: 3
  • MAIN LO: BB5522
  • MAIN SO: H95120

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2

Lot Info

  • Parcel Number: M:03 B000 L:13,767079
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 26907
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7962

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Stoneham High
  • Elementary School: Colonial Park
  • Middle Or Junior School: Stoneham Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 23, 2023
Sold by
M R Grometstein 2016 Ret and Pustell
Bought by
Phuyal Ashish and Adhikari Shreya
Seller's Agent
Linda Costanzo
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Laxmi Khanal
StartPoint Realty
List Price
$949,000
Sold Price
$885,000
Premium/Discount to List
-$64,000
-6.74%
Views
199
Current Estimated Value
$1,058,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,826
Avg. Annual Appreciation
6.64%
Original Mortgage
$840,750
Outstanding Balance
$809,111
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,715

Purchase Details

Closed on
Jul 15, 2020
Sold by
John C Pustell 2017 Ret and Pustell
Bought by
Pustell John C

Purchase Details

Closed on
Sep 20, 2017
Sold by
Grometstein Randall P
Bought by
Randall P Grometstein P and Randall Grometstein

Purchase Details

Closed on
Feb 17, 2016
Sold by
Grometstein Margaret R and Grometstein
Bought by
M R Grometstein Ret and Grometstein

Purchase Details

Closed on
Jun 25, 1987
Sold by
Grometstein Alan
Bought by
Pustell John C
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
Phuyal Ashish $885,000 None Available
Pustell John C -- None Available
Grometstein Randall P -- None Available
Pustell John C -- None Available
Randall P Grometstein P -- --
Randall P Grometstein P -- --
John C Pustell 2017 Re -- --
M R Grometstein Ret -- --
M R Grometstein Ret -- --
Grometstein Margaret R -- --
Pustell John C $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phuyal Ashish $840,750
Previous Owner Pustell John C $75,000
Previous Owner Pustell John C $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $885,000 -6.7% $228 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $949,000 -- $245 / 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 $8,663 $846,800 $383,900 $462,900
2024 $8,651 $816,900 $353,900 $463,000
2023 $8,712 $784,900 $323,900 $461,000
2022 $7,963 $764,900 $303,900 $461,000
2021 $12,149 $744,900 $283,900 $461,000
2020 $4,096 $742,300 $283,900 $458,400
2019 $7,312 $651,700 $263,900 $387,800
2018 $5,184 $576,000 $233,900 $342,100
2017 $6,266 $505,700 $233,900 $271,800
2016 $5,969 $470,000 $213,900 $256,100
2015 $6,107 $471,200 $193,900 $277,300
2014 $5,722 $424,200 $173,900 $250,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73063734

MLS Property Information Network (MLS PIN)

APN: STON-000003-000000-000013