NOT LISTED FOR SALE

25 Madison Ave Franklin, MA 02038

Estimated Value: $936,000 - $1,030,000

4 Beds
3 Baths
2,200 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $524,900 $239 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,832/month

30 Days on Market

About This Home

As of July 2015

This is your chance..don't miss out! This is the one you have been waiting for. Beautiful meticulously cared for colonial in fantastic cul-de-sac location. This 4 bed 2.5 bath has it all. Large open concept kitchen with granite counters, recessed lighting & separate desk area. Kitchen opens to dining area/dining room & family room that has fireplace and hardwood floors. The living room has custom built in cabinetry. Slider off the kitchen opens to your large deck and beautifully landscaped level backyard with above ground pool, fire pit area and hot tub!! The 4 bedrooms have ample closet space and are all freshly painted. The master bedroom has remodeled bathroom and large walk in closet with extra storage over the garage. The finished basement is perfect for entertaining, play area or home theater. Central air, 2 car garage, irrigation system, invisible fence are some of the added bonuses. So much more to see. Don't delay...this home won't last

Last Agent to Sell the Property

Lisa Perrin

Realty ONE Group Suburban Lifestyle Listed on: 05/04/2015

Last Buyer's Agent

DEVELLIS DUGAN TEAM

Realty Executives Boston West

Realty Executives Boston West

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,870

Year Built

1995

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances: Range, Dishwasher, Microwave
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Public School, T-Station, University
  • Energy: Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Basement: Full, Finished, Bulkhead
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Flooring - Wall to Wall Carpet, Cable Hookup
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck, Pool - Above Ground Heated, Hot Tub/Spa, Storage Shed, Sprinkler System, Screens, Invisible Fence
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Oil
  • Utility Connections: for Electric Range

Lot Info

  • Assessor Parcel Number: M:242 L:047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 21, 2015
Sold by
Mershimer Michael S and Mershimer Barbara
Bought by
Latour Matthew D and Latour Caitlin E
Seller's Agent
Lisa Perrin
Realty ONE Group Suburban Lifestyle
Buyer's Agent
DEVELLIS DUGAN TEAM
Realty Executives Boston West
List Price
$529,900
Sold Price
$524,900
Premium/Discount to List
-$5,000
-0.94%
Current Estimated Value
$971,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,191
Avg. Annual Appreciation
6.10%
Original Mortgage
$21,520
Outstanding Balance
$8,207
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$962,884

Purchase Details

Closed on
Jun 14, 1996
Sold by
Schermerhorn Timothy P
Bought by
Mershimer Michael S and Mershimer Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,900
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1995
Sold by
Maplecrest Dev Corp
Bought by
Schermerhorn Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,372
Interest Rate
7.8%
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
Latour Matthew D $524,900 --
Mershimer Michael S $229,900 --
Schermerhorn Timothy P $226,015 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latour Matthew D $21,520
Previous Owner Schermerhorn Timothy P $203,150
Previous Owner Schermerhorn Timothy P $183,900
Previous Owner Schermerhorn Timothy P $194,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $524,900 0.0% $239 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/25/2015 05/25/15 Off Market $524,900 -- --
05/19/2015 05/19/15 For Sale $529,900 +1.0% $241 / Sq Ft
05/11/2015 05/11/15 Off Market $524,900 -- --
05/04/2015 05/04/15 For Sale $529,900 -- $241 / 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 $8,870 $763,300 $359,400 $403,900
2024 $9,079 $770,100 $359,400 $410,700
2023 $8,644 $687,100 $343,400 $343,700
2022 $8,013 $570,300 $266,200 $304,100
2021 $7,770 $530,400 $256,900 $273,500
2020 $7,545 $520,000 $259,500 $260,500
2019 $7,314 $498,900 $238,800 $260,100
2018 $7,120 $486,000 $251,800 $234,200
2017 $7,198 $493,700 $259,500 $234,200
2016 $6,822 $470,500 $239,000 $231,500
2015 $6,642 $447,600 $216,100 $231,500
2014 -- $439,300 $207,800 $231,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71829328

MLS Property Information Network (MLS PIN)

APN: FRAN-000242-000000-000047