$279,000
$20K PRICE DROP

397 Main St Franklin, NY 13775

Estimated payment $1,874/month

Total Views 6,471
5 Beds
2.5 Baths
2,488 Sq Ft
$112 Price per Sq Ft

Highlights

  • Deck
  • Covered patio or porch
  • Galley Kitchen
  • High Ceiling
  • Formal Dining Room
  • Soaking Tub

About This Home

Franklin NY Greek Revival Beauty with Move-In Ready Charm & Room to Grow
Welcome to 397 Main Street, a stately Greek Revival built in 1850 and located in the heart of Franklin, NY. This home blends historic character with modern upgrades and offers a unique opportunity to move right in — with the potential to add value as you go.
With nearly 2,500 square feet, this home invites creative vision. The layout works beautifully as a single-family residence or could be reimagined as a duplex or live/work setup. The front portion of the home is fully renovated and move-in ready, featuring original wide plank hardwood floors, gorgeous period details, five finished bedrooms, and three updated bathrooms.
The main level of the home flows effortlessly. You can enter the space from a covered porch on main street with beautiful scroll work carved into the wood. The large, covered porch facing main street has an entrance to the primary living room and an entrance into a mudroom, adjacent to the spacious kitchen. The kitchen gets great light with windows on three sides and has ample room for a cozy breakfast nook or a formal dining table. A powder room with room to expand into a full bathroom, which would make 3 full baths, or a large powder room with a laundry is off the kitchen.
A formal dining room with a historic mantel comes next. The wide plank hardwood floors are stunning. Light pours into this room from the living room which also has access to the covered porch. The house can feel open to the outside or quite cozy when the doors are shut, and curtains drawn.
A regal staircase leads up to the upper level with 5 bedrooms and two full baths. The primary is light filled with room for a comfortable chair, and the ensuite has a deep soaking tub. A cute smaller bedroom, and a large bedroom face main street. You can catch a glimpse of the mountains in the distance, and there is plenty of room for activities, bunk beds- let you imagination run wild. There is another full bathroom on this floor, and two more bedrooms with deep closets, and a shadier feel from the mature trees outside.
But wait.
There is more. The rear section of the house offers a blank canvas for those looking to expand the living space, create an income-producing rental unit, or carve out a studio or workspace. It’s a space full of possibility — whether you’re investing, nesting, or both. The heavy lifts have been completed across most of the home, including modernizing the foundation, electric, plumbing, roofing, windows and blown in insulation-allow you to enjoy the home from day one.
Outside, a striking red barn offers even more potential — think studio, guest house, small business, or additional income stream. The home was recently appraised at 337K leaving the lucky new owner, equity to sculpt the home to their liking.
Situated on 0.30 acres in the village center, the Franklin Stage Company, local shops, parks, town pool, edible walking trails and all that this revitalized and creative community has to offer is close by.
This is a rare chance to own a Historic home with soul and room to grow, in a town that’s redefining Catskills small-town living. This unique property is being sold, as-is.
Minutes to Oneonta, Cooperstown All Star Village, 1 hr 15 minutes to ski resorts and 3 hrs 15 mins to NYC. This unique property is being sold, as-is.

Listing Agent

Steven Kraus

Compass Greater NY, LLC License #10401359958 Listed on: 07/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1850

Lot Details

  • 0.3 Acre Lot

Home Design

  • Frame Construction
  • Blown-In Insulation
  • Clapboard

Interior Spaces

  • 2,488 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Galley Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Franklin Central Elementary And Middle School
  • Franklin Central High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 123201-097-012-0002-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Year Built: 1850
  • Carport Y N: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, Washer
  • Interior Amenities: Crown Molding, Entrance Foyer, Formal Dining, High Ceilings, Open Kitchen, Original Details, Pantry, Primary Bathroom, Soaking Tub, Walk Through Kitchen, Washer/Dryer Hookup
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Bilco Door(s)
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 2488
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Blown-In Insulation, Clapboard, Frame
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Covered, Deck, Porch
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Heating: Electric, Oil
  • Sewer: Septic Above Ground
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Franklin Central School

Lot Info

  • Horses: No
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Parcel Number: 123201-097-012-0002-013-000
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 3933.72
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin Central School
  • High School: Franklin Central School
  • Middle School District: Franklin

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,924 $121,000 $19,000 $102,000
2023 $3,863 $121,000 $19,000 $102,000
2022 $3,756 $121,000 $19,000 $102,000
2021 $3,762 $121,000 $19,000 $102,000
2020 $3,720 $103,000 $10,000 $93,000
2019 $3,590 $103,000 $10,000 $93,000
2018 $3,590 $103,000 $10,000 $93,000
2017 $3,437 $103,000 $10,000 $93,000
2016 $3,471 $103,000 $10,000 $93,000
2015 -- $103,000 $10,000 $93,000
2014 -- $103,000 $10,000 $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $279,000 -6.7% $114 / Sq Ft
05/30/2025 05/30/25 For Sale $299,000 -- $122 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 None Available
Warranty Deed $159,000 None Available
Warranty Deed $65,000 None Available
Warranty Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 Commercial
Closed $117,000 Commercial
Source: Public Records

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Source: OneKey® MLS

MLS Number: 884696

OneKey® MLS

APN: 123201-097-012-0002-013-000