NOT LISTED FOR SALE

Estimated Value: $664,771 - $730,000

6 Beds
3 Baths
2,760 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $570,000 $207 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,346/month

7 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Heating Available
  • Gerald M. Parmenter Elementary School Rated A-
  • 2 Car Garage

About This Home

As of September 2022

Turn key investment opportunity! Both units rented- long term tenants with leases. Great corner lot in the beautiful town of Franklin- voted "safest city" multiple years running by Safewise. Both units boast soaring ceilings, newer gas heat (6yrs) and hot water tanks (6 yrs). Exterior features new siding (2yrs) and roof (3yrs) with 2 car detached garage for extra income. Unit 1 has 2 generous sized bdrms, 1 bath, living room and eat in kitchen with pantry. Unit 2 has 4 large bdrms across two floors, dining room, living room, 1 bath, eat in kitchen with island and pantry. Both units have access to the walkout basement for laundry and storage. Common area includes a front hall and porch, back mudroom plus a wonderful back yard for entertaining or play space. Seller will entertain offers between $550,000 - $575,000

Last Agent to Sell the Property

Kellie Dow

RE/MAX Executive Realty Listed on: 07/25/2022

RE/MAX Executive Realty

Last Buyer's Agent

Larry Amara

Suburban Lifestyle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 1900

Lot Details

  • 7,292 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,760 Sq Ft Home
  • Property has 1 Level
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,500

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,300
  • Operating Expense $1,965
  • Net Operating Income $38,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,792

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 2
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2760
  • Stories Total: 3
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 199.28
  • PRICE PER Sq Ft: 206.52
  • MAIN SO: AN7061

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1300

Lot Info

  • Zoning: SFIV
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7292
  • Lot Size Units: Acres
  • PAGE: 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4792.46
  • Tax Book Number: 34138

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 38735
  • Number Of Units Total: 2
  • Operating Expense: 1965
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 22, 2022
Sold by
Newcombe Jeffrey
Bought by
Newcombe Jeffrey and Newcombe Penny
Seller's Agent
Kellie Dow
RE/MAX Executive Realty
Buyer's Agent
Larry Amara
Suburban Lifestyle Real Estate
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Views
1
Current Estimated Value
$687,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,943
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
May 26, 2017
Sold by
Houghton Lois
Bought by
Fernandez Salvador E

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 1, 2016
Sold by
Johnston Sean
Bought by
Houghton Lois
Seller's Agent
Tammy Todaro
RE/MAX Executive Realty
Buyer's Agent
Tammy Todaro
RE/MAX Executive Realty
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Jan 2, 2009
Sold by
Vendetti Paul H and Vendetti Anne F
Bought by
Johnston Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,238
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Newcombe Jeffrey -- None Available
Fernandez Salvador E -- --
Houghton Lois $280,000 --
Johnston Sean $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Salvador E $217,000
Previous Owner Fernandez Salvador E $169,000
Previous Owner Johnston Sean $200,000
Previous Owner Johnston Sean $209,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $570,000 +3.6% $207 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $550,000 +96.4% $199 / Sq Ft
05/27/2016 05/27/16 Sold $280,000 0.0% $112 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $279,900 0.0% $112 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $279,900 -- $112 / 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 $6,942 $597,400 $240,500 $356,900
2024 $6,081 $515,800 $240,500 $275,300
2023 $5,494 $436,700 $242,500 $194,200
2022 $4,792 $341,100 $200,500 $140,600
2021 $5,034 $343,600 $214,700 $128,900
2020 $4,827 $332,700 $216,600 $116,100
2019 $4,449 $303,500 $196,200 $107,300
2018 $4,159 $283,900 $201,700 $82,200
2017 $4,023 $275,900 $185,100 $90,800
2016 $4,008 $276,400 $182,000 $94,400
2015 $3,950 $266,200 $177,500 $88,700
2014 $3,219 $222,800 $149,200 $73,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73016620

MLS Property Information Network (MLS PIN)

APN: FRAN-000296-000000-000193