Seller's Agent in 2022
Tammy Todaro
RE/MAX
(508) 277-2977
136 Total Sales
342 Summer St Franklin, MA 02038
Estimated Value: $578,000 - $642,000
4
Beds
2
Baths
1,396
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Deck
- Wooded Lot
- Franklin High School Rated A-
- Property is near public transit
- Corner Lot
About This Home
As of April 2022Excellent investment opportunity! Charming, ranch style, 2 family with separate utilities (including 2 oil tanks & 2 furnaces), located at the beginning of a cul=de=sac neighborhood. 1/2 acre lot with separate driveways and a thickly wooded, private back yard. Each side has an eat-in kitchen, nicely sized family room, 2 generous bedrooms, full bath & a slider leading to a deck off the kitchen. The full walkout basement has a common access that leads to each separate side with separate mechanical systems. Washers & Dryers are located in the basement as well. Roof & gutters were replaced in 2018 and window trim was wrapped. Both sides have long term tenants (TAW) of approximately 6 years. Conveniently located just a short distance from the center of town.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,905
Year Built
- Built in 1960
Lot Details
- 0.5 Acre Lot
- Corner Lot
- Wooded Lot
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,396 Sq Ft Home
- Property has 1 Level
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Parmenter Elementary School
- Remington Middle School
- FHS High School
Utilities
- Heating Available
- Separate Meters
- Propane Water Heater
Listing and Financial Details
- Total Actual Rent $2,200
- Assessor Parcel Number 89035
Community Details
Recreation
- Golf Course Community
- Park
- Jogging Path
Building Details
- Insurance Expense $2,360
- Water Sewer Expense $1,830
- Operating Expense $2,386
- Net Operating Income $26,400
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2021
Closed on
Apr 20, 2022
Sold by
Berube Marietta V
Bought by
Martini Richard and Martini Mary J
Seller's Agent
Tammy Todaro
RE/MAX Executive Realty
Buyer's Agent
Tammy Todaro
RE/MAX Executive Realty
List Price
$429,900
Sold Price
$447,900
Premium/Discount to List
$18,000
4.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,368
Avg. Annual Appreciation
8.50%
Original Mortgage
$447,900
Outstanding Balance
$417,393
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,875
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martini Richard | $447,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martini Richard | $447,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $447,900 | 0.0% | $321 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 11/15/2021 11/15/21 | Off Market | $447,900 | -- | -- |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 10/26/2021 10/26/21 | For Sale | $429,900 | -- | $308 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,876 | $505,700 | $244,200 | $261,500 |
| 2024 | $5,247 | $445,000 | $244,200 | $200,800 |
| 2023 | $5,248 | $417,200 | $246,200 | $171,000 |
| 2022 | $4,651 | $331,000 | $203,500 | $127,500 |
| 2021 | $4,905 | $334,800 | $218,000 | $116,800 |
| 2020 | $4,710 | $324,600 | $219,800 | $104,800 |
| 2019 | $4,333 | $295,600 | $199,200 | $96,400 |
| 2018 | $4,070 | $277,800 | $204,800 | $73,000 |
| 2017 | $3,922 | $269,000 | $187,900 | $81,100 |
| 2016 | $3,687 | $254,300 | $184,800 | $69,500 |
| 2015 | $3,642 | $245,400 | $180,300 | $65,100 |
| 2014 | $3,130 | $216,600 | $151,500 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Todaro
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72912693
APN: FRAN-000298-000000-000060
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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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