NOT LISTED FOR SALE

488 Pond St Franklin, MA 02038

Estimated Value: $505,000 - $517,000

3 Beds
1 Bath
1,040 Sq Ft
$491/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $359,000 $345 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,293/month

132 Days on Market

Highlights

  • Enclosed patio or porch
  • John F. Kennedy Memorial School Rated A
  • Tile Flooring

About This Home

As of October 2020

Great opprotunity to own in Franklin !! Adorable Ranch in the sought after Kennedy School district ! So close to everything - Great Schools, shopping, churches and quick access to the highway. Easy single level living with ample room to spread out in the partially finished basement. 3 great sized bedrooms and a porch off the kitchen to relax and have your morning coffee. Being sold "As is" Furnace 2 yrs old - All it needs are your finishing touches/ updates to make it your own !

Last Listed By

Joanne Brandenburg

Realty Consultants of Cape Cod Listed on: 04/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1959

Lot Details

  • 0.45

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Franklin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Enclosed patio or porch
  • Year Round Access
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,397

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 345.19
  • Comp Based On: Net Sale Price
  • Year Built: 1959
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Flooring - Vinyl
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Basement: Y
  • Basement Features: Partially Finished
  • Main Lo: A95485
  • Main So: AN2601
  • Estimated Sq Ft: 1040.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Utility Connections: for Electric Dryer

Condo/Co-op/Association

  • Amenities: Shopping, Highway Access, House of Worship, Public School, T-Station, University

Schools

  • Elementary School: Kennedy
  • Middle School: Horace Mann
  • High School: Franklin High

Lot Info

  • Assessments: 338700.00
  • Acre: 0.45
  • Lot Size: 19502.00
  • Page: 523
  • Zoning: RES
  • Lot Description: Wooded

Tax Info

  • Taxes: 4914.54
  • Assessor Parcel Number: 94589
  • Tax Year: 2020

MLS Schools

  • Grade School: Kennedy
  • High School: Franklin High
  • Middle School: Horace Mann

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Oct 16, 2020
Sold by
Soma Joann
Bought by
Myers Lauryn and Mackey Derek R
Seller's Agent
Joanne Brandenburg
Realty Consultants of Cape Cod
Buyer's Agent
Alicia Andrews
eXp Realty
List Price
$359,000
Sold Price
$359,000
Total Days on Market
132
Current Estimated Value
$510,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,340
Avg. Annual Appreciation
7.85%
Original Mortgage
$352,497
Outstanding Balance
$318,641
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$188,909

Purchase Details

Closed on
Sep 6, 2013
Sold by
Soma Stephen and Soma Joann
Bought by
Soma Joann

Purchase Details

Closed on
Jul 2, 1990
Sold by
Yates Grace M
Bought by
Soma Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Myers Lauryn $359,000 None Available
Soma Joann -- --
Soma Stephen $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Lauryn $30,000
Open Myers Lauryn $352,497
Previous Owner Soma Stephen $50,000
Previous Owner Soma Joann $170,000
Previous Owner Sowa Stephen $173,000
Previous Owner Soma Stephen $124,000
Previous Owner Soma Stephen $114,300
Previous Owner Soma Stephen $116,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $359,000 0.0% $345 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $359,000 0.0% $345 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $359,000 -- $345 / 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 $5,397 $464,500 $243,600 $220,900
2024 $4,912 $416,600 $243,600 $173,000
2023 $5,071 $403,100 $245,600 $157,500
2022 $4,805 $342,000 $203,000 $139,000
2021 $5,026 $343,100 $217,500 $125,600
2020 $4,915 $338,700 $219,400 $119,300
2019 $4,660 $317,900 $198,700 $119,200
2018 $4,553 $310,800 $204,400 $106,400
2017 $4,285 $293,900 $187,500 $106,400
2016 $4,014 $276,800 $184,400 $92,400
2015 $4,041 $272,300 $179,900 $92,400
2014 $3,519 $243,500 $151,100 $92,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72647050

MLS Property Information Network (MLS PIN)

APN: FRAN-000240-000000-000105