NOT LISTED FOR SALE

Estimated Value: $494,000 - $546,000

2 Beds
2 Baths
1,900 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $255,000 $134 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,221/month

17 Days on Market

About This Home

As of June 2016

Well-located income producing property in Franklin just off of Route 140 with convenient access to train, Route 495, and shopping. Ideal for a buyer looking to own and rent out a unit to generate additional income.

Last Agent to Sell the Property

Ryan McDonough

Ryan McDonough Listed on: 03/28/2016

Last Buyer's Agent

Ryan McDonough

Ryan McDonough Listed on: 03/28/2016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,428

Year Built

1927

Lot Details

0

Listing Details

  • Lot Description: Wooded, Gentle Slope
  • Property Type: Multi-family
  • Commission: 2.50
  • Other Agent: 2.00
  • Seller Agency: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Electric: 220 Volts
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Partial
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Poured Concrete, Irregular

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Commercial

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 6
  • Total Rent_1: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Aug 18, 2016
Sold by
Mcdonough Thomas F
Bought by
308 West Central St Ll
Seller's Agent
Ryan McDonough
Ryan McDonough
Buyer's Agent
Ryan McDonough
Ryan McDonough
List Price
$275,900
Sold Price
$255,000
Premium/Discount to List
-$20,900
-7.58%
Current Estimated Value
$525,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,966
Avg. Annual Appreciation
7.97%
Original Mortgage
$1,450,000
Outstanding Balance
$1,154,310
Interest Rate
3.41%
Mortgage Type
Unknown
Estimated Equity
-$628,344
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
308 West Central St Ll $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 308 West Central St Ll $1,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $255,000 -7.6% $134 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $275,900 -- $145 / 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 $5,428 $467,100 $236,400 $230,700
2024 $5,193 $440,500 $236,400 $204,100
2023 $5,340 $424,500 $258,100 $166,400
2022 $4,533 $322,600 $197,000 $125,600
2021 $4,701 $320,900 $205,200 $115,700
2020 $4,517 $311,300 $207,000 $104,300
2019 $4,070 $277,600 $181,600 $96,000
2018 $3,787 $258,500 $185,200 $73,300
2017 $3,649 $250,300 $181,600 $68,700
2016 $3,613 $249,200 $188,500 $60,700
2015 $3,373 $227,300 $170,400 $56,900
2014 $3,212 $222,300 $165,400 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71979176

MLS Property Information Network (MLS PIN)

APN: FRAN-000278-000000-000041