2 Franklin Terrace Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $752,887 - $805,000
5
Beds
2
Baths
1,655
Sq Ft
$468/Sq Ft
Est. Value
About This Home
This home is located at 2 Franklin Terrace, Melrose, MA 02176 and is currently estimated at $774,972, approximately $468 per square foot. 2 Franklin Terrace is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2007
Sold by
Sullivan Daniel P and Sullivan Karin M
Bought by
Thornell Carley and Wade David
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 1999
Sold by
Amerault Fred J
Bought by
Sullivan Daniel P and Sullivan Karin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,328
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Thornell Carley | $300,000 | -- | |
Sullivan Daniel P | $186,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Wade David | $207,000 | |
Closed | Thornell Carley | $219,500 | |
Closed | Sullivan Daniel P | $233,000 | |
Closed | Thornell Carley | $240,000 | |
Previous Owner | Sullivan Daniel P | $36,486 | |
Previous Owner | Sullivan Daniel P | $348,500 | |
Previous Owner | Sullivan Daniel P | $308,250 | |
Previous Owner | Sullivan Daniel P | $247,500 | |
Previous Owner | Sullivan Daniel P | $30,000 | |
Previous Owner | Sullivan Daniel P | $185,328 |
Source: Public Records
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 | $60 | $606,700 | $400,500 | $206,200 |
2024 | $5,739 | $577,900 | $376,200 | $201,700 |
2023 | $5,760 | $552,800 | $364,100 | $188,700 |
2022 | $5,772 | $546,100 | $364,100 | $182,000 |
2021 | $5,568 | $508,500 | $339,800 | $168,700 |
2020 | $5,219 | $472,300 | $303,400 | $168,900 |
2019 | $4,709 | $435,600 | $280,300 | $155,300 |
2018 | $4,648 | $410,200 | $254,900 | $155,300 |
2017 | $4,523 | $383,300 | $242,700 | $140,600 |
2016 | $4,428 | $359,100 | $236,600 | $122,500 |
2015 | $4,252 | $328,100 | $212,400 | $115,700 |
2014 | $4,034 | $303,800 | $188,100 | $115,700 |
Source: Public Records
Map
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