NOT LISTED FOR SALE

Estimated Value: $1,009,773 - $1,145,000

4 Beds
2 Baths
2,124 Sq Ft
$206/mo HOA Fee

Last Sold August 29, 2023

Last sale price $925,000 $435 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,558/month

3 Days on Market

Highlights

  • Open Floorplan
  • Custom Closet System
  • Vaulted Ceiling
  • Thompson School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of August 2023

In the heart of the Center, with over 2100 sq. feet of living space, this gracious & spacious gem lives & feels like a single-family home! Tasteful updates compliment the Turn of the Century charm to bring you comfortable, modern living. Height & SE sunlight will impress you as the main living level offers an open-concept design where the living room flows into the dining room. You'll love the eat-in kitchen which is graced by a skylit, vaulted ceiling. Just off the hall, you’ll find a laundry area & then direct access to a private back deck w/the feel of a suburban tree-house! A full bath + THREE spacious bedrooms (1 not pictured for privacy – see floor plan) round out the main living level. Upstairs, the primary suite includes a roomy bedroom, separate sitting room, cleverly designed full bath, walk-in closet, & eave storage. All of this + garage +1 parking, shared patio/yard & gorgeous perennial gardens! Just mins to many theaters, restaurants, coffee shops, parks & the bike-path!

Last Agent to Sell the Property

Julie Gibson

Gibson Sotheby's International Realty Listed on: 06/27/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Julie Gibson

Gibson Sotheby's International Realty Listed on: 06/27/2023

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,175

Year Built

  • Built in 1927 | Remodeled

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Insulated Windows
  • French Doors
  • Dining Area
  • Home Office
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Gibbs/Ottoson Middle School
  • Arlington High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:045.A B:0007 L:0042,4407964

Community Details

Overview

  • Association fees include ground maintenance, snow removal
  • 2 Units
  • The 40 42 Franklin Street Condominium Community
  • Near Conservation Area

Amenities

  • Common Area

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,175

Year Built

Built in 1927 | Remodeled

Lot Details

0

HOA Fees

$206 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1927
  • Entry Level: 2
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Home Office-Separate Entry
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Main,Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Remodeled
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 1 Level: Main,Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Recessed Lighting
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: Main,Second
  • Room Kitchen Level: Main,Second
  • Room Kitchen Features: Skylight, Vaulted Ceiling(s), Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances, Gas Stove
  • Laundry Features: Main Level, Exterior Access, Remodeled, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood, French Doors, Open Floorplan, Recessed Lighting, Remodeled
  • Room Office Level: Basement
  • Room Office Features: Closet, Flooring - Stone/Ceramic Tile
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 2124
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: BB5918
  • MAIN SO: BB5918
  • Insulation: Blown In

Exterior Features

  • Exterior Features: Porch, Patio
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Off Street, Driveway, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Hot Water
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Bike Path, Conservation Area, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:045.A B:0007 L:0042,4407964
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9175

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Arlington High
  • Middle Or Junior School: Gibbs/Ottoson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 29, 2023
Sold by
Francis-Wright Laurie
Bought by
Mcgee Gregory W and Mcgee Morgan A
Seller's Agent
Julie Gibson
Gibson Sotheby's International Realty
Buyer's Agent
Julie Gibson
Gibson Sotheby's International Realty
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Views
47
Current Estimated Value
$1,062,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,193
Avg. Annual Appreciation
6.25%
Original Mortgage
$647,500
Outstanding Balance
$634,497
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,697

Purchase Details

Closed on
May 2, 2011
Sold by
Varghese Matthew and Francis Sharon
Bought by
Francis-Wright Luire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgee Gregory W $925,000 None Available
Francis-Wright Luire $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Gregory W $647,500
Previous Owner Francis-Wright Luire $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $925,000 +9.0% $435 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $849,000 -- $400 / 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 $9,368 $869,800 $0 $869,800
2024 $8,976 $847,600 $0 $847,600
2023 $9,175 $818,500 $0 $818,500
2022 $9,080 $795,100 $0 $795,100
2021 $8,750 $771,600 $0 $771,600
2020 $8,404 $759,900 $0 $759,900
2019 $7,554 $670,900 $0 $670,900
2018 $7,193 $593,000 $0 $593,000
2017 $6,786 $540,300 $0 $540,300
2016 $6,916 $540,300 $0 $540,300
2015 $6,761 $499,000 $0 $499,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73130138

MLS Property Information Network (MLS PIN)

APN: ARLI-000045A-000007-000042