NOT LISTED FOR SALE

256 Union St Franklin, MA 02038

Downtown Franklin Neighborhood

Estimated Value: $749,000 - $939,000

6 Beds
3 Baths
2,842 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $630,000 $222 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,932/month

39 Days on Market

About This Home

As of December 2021

Investors Wanted! Don’t Miss this GREAT Opportunity to own this Historic 3 Family Investment Property, Walking distance to downtown Franklin and Commuter Rail! Striking Architecture & Details throughout, Lots of Windows & Natural Light, meticulously maintained and ready for a new owner to Enjoy! 3 units, each offering 2 bedrooms, updated baths, fresh paint, Hardwood Floors and more!. Laundry and Storage in Walk Out Basement, Separate Garage w/Loft for additional rental income! Vinyl Siding, Fresh Landscaping, Brick Walk and Granite Steps, updated Electrical, Roof, Windows, Driveway. 2 Units Currently Rented, TAW. Conveniently located to town, train and major routes, nestled on corner lot with ample parking. This is the One You've Been Waiting for!

Last Agent to Sell the Property

Jeni Anderson

Keller Williams Elite Listed on: 08/18/2021

Keller Williams Elite

Last Buyer's Agent

Robert Capuzziello

LPT Realty - Lioce Properties Group

LPT Realty - Lioce Properties Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,433

Year Built

  • 1850

Lot Details

  • 0.28

Parking

  • 1

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,433

Year Built

1850

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: W.Central St. (rt 140) to Union
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1850

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Walk-Out Access, Interior Entry
  • Total Bathrooms: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 221.67
  • PRICE PER Sq Ft: 221.67
  • MAIN SO: BB5301
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Tile,Vinyl,Carpet,Hardwood
  • Interior Amenities: Unit 1(Pantry), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Irregular
  • Construction Type: Frame
  • Disclosures: Tenant Occupied. Agent Related To Seller. Conventional Financing Only.
  • Home Warranty: No
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Forced Air,Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 1340

Lot Info

  • LOT SIZE: 12131
  • PAGE: 346
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 12196.8
  • Zoning: Res

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Electric Expense: 360
  • Annual Gross Income: 48540
  • Property Net Operating Income: 46006
  • Number Of Units Total: 3
  • Annual Operating Expense: 2534
  • Total Actual Rent: 4045

Tax Info

  • Tax Annual Amount: 6456
  • Tax Book Number: 25038
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 6, 2021
Sold by
Vignone James P
Bought by
Vignone James P and Vignone Lisa
Seller's Agent
Jeni Anderson
Keller Williams Elite
Buyer's Agent
Robert Capuzziello
LPT Realty - Lioce Properties Group
List Price
$699,900
Sold Price
$630,000
Premium/Discount to List
-$69,900
-9.99%
Current Estimated Value
$813,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,528
Avg. Annual Appreciation
6.87%
Original Mortgage
$472,500
Outstanding Balance
$434,460
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,068

Purchase Details

Closed on
Aug 5, 2014
Sold by
Quinn David D and Quinn Julie E
Bought by
Lily Anna Realty Llc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Quinn Julie E
Bought by
Quinn David D and Quinn Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,980
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Molle Lawrence J
Bought by
Quinn David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Vignone James P -- None Available
Vignone James P $630,000 None Available
Lily Anna Realty Llc -- --
Quinn David D -- --
Quinn David D $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vignone James P $472,500
Previous Owner Quinn David D $304,980
Previous Owner Quinn David D $245,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $630,000 -10.0% $222 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $699,900 -- $246 / 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 $7,433 $639,700 $235,800 $403,900
2024 $6,813 $577,900 $235,800 $342,100
2023 $6,643 $528,100 $257,400 $270,700
2022 $6,369 $453,300 $196,500 $256,800
2021 $6,456 $440,700 $204,600 $236,100
2020 $5,795 $399,400 $206,400 $193,000
2019 $5,127 $349,700 $181,000 $168,700
2018 $4,902 $334,600 $184,700 $149,900
2017 $4,725 $324,100 $181,000 $143,100
2016 $4,802 $331,200 $188,100 $143,100
2015 $4,829 $325,400 $169,900 $155,500
2014 $4,631 $320,500 $165,000 $155,500
Source: Public Records

Agents Affiliated with this Home

  • Jeni Anderson

    Seller's Agent in 2021

    Jeni Anderson

    Keller Williams Elite

    (971) 222-1601

    7 in this area

    18 Total Sales

    Jeni Anderson
    Section Image
  • Robert Capuzziello

    Buyer's Agent in 2021

    Robert Capuzziello

    LPT Realty - Lioce Properties Group

    (508) 259-8977

    1 in this area

    41 Total Sales

    Robert Capuzziello
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72883004

MLS Property Information Network (MLS PIN)

APN: FRAN-000287-000000-000027

Massachusetts Norfolk County Franklin 02038 Downtown Franklin

256 Union St, Franklin, MA

This home is located at 256 Union St, Franklin, MA 02038 since 18 August 2021 and is currently estimated at $813,528, approximately $286 per square foot. This property was built in 1850. 256 Union St is a home located in Norfolk County with nearby schools including Helen Keller Elementary School, Annie Sullivan Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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