NOT LISTED FOR SALE

491 W Central St Unit D1 Franklin, MA 02038

Estimated Value: $276,000 - $306,000

2 Beds
1 Bath
880 Sq Ft
$341/mo HOA Fee

Last Sold July 11, 2023

Last sale price $270,000 $307 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,185/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Jogging Path
  • Oak Street Elementary School Rated A-
  • Community Pool
  • Stainless Steel Appliances

About This Home

As of July 2023

Finally a chance to own in Franklin for under $300k.....Welcome home to this updated garden level 2 bedroom, 1 bath condo at Presidential Arms. Large living room with slider out to private patio area. Kitchen with NEW vinyl tile flooring, countertops, range and refrigerator. Adjacent dining room w/ 2nd entry door that also leads right out to the common laundry area. Both bedrooms are great in size and can accommodate king or queen sized beds and have plenty of closet space. Added bonuses: NEW carpet, low monthly fees that include everything except electricity and cable, excellent school district, low tax rate, small on site storage unit, ample town amenities, and convenient to shopping, restaurants, highway & commuter rail. Franklin has received many accolades over the years including being ranked amongst America's top 100 safest cities and best places to raise a family. Buy here and enjoy all that Franklin has to offer! Book your showing today....Quick closing possible.

Last Listed By

Susan Morrison

RE/MAX Executive Realty Listed on: 06/15/2023

RE/MAX Executive Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1982

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Garden Home

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Kennedy Elementary School
  • Horace Mann Middle School
  • FHS High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 92101

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 48 Units
  • Presidential Arms Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,471

Year Built

Built in 1982

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1982
  • Buyer Agency: 2.0
  • Dual Variable: Yes
  • Entry Level: 1
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Ground)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Wall to Wall Carpet
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Stainless Steel Appliances
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Slider
  • Basement: N
  • Living Area: 880
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 312.5
  • PRICE PER Sq Ft: 306.82
  • MAIN SO: BB1175

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 341
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Golf, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: D1
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 92101
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 426
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2471
  • Tax Book Number: 22246

Multi Family

  • Number Of Units Total: 48
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Fhs
  • Elementary School: Kennedy
  • Middle Or Junior School: Horace Mann

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 7, 2023
Sold by
Ar Property Llc
Bought by
Plante Joseph R and Plante Amy O
Seller's Agent
Susan Morrison
RE/MAX Executive Realty
Buyer's Agent
Susan Morrison
RE/MAX Executive Realty
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Total Days on Market
5
Views
56
Current Estimated Value
$288,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,589
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Kammerer Wade B
Bought by
Mokha Kawaljit S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1994
Sold by
Meconiates Rudolph I and Meconiates Margareth
Bought by
Sampson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,600
Interest Rate
9.03%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Plante Joseph R $270,000 None Available
Mokha Kawaljit S $170,000 --
Sampson Mary $46,000 --
Sampson Mary $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mokha Kawaljit S $136,000
Previous Owner Sampson Mary $44,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $270,000 -1.8% $307 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $275,000 0.0% $313 / Sq Ft
03/01/2017 03/01/17 Rented $1,100 0.0% --
02/21/2017 02/21/17 Under Contract -- -- --
12/09/2016 12/09/16 For Rent $1,100 +10.0% --
06/01/2013 06/01/13 Rented $1,000 0.0% --
05/02/2013 05/02/13 Under Contract -- -- --
04/15/2013 04/15/13 For Rent $1,000 +11.1% --
05/15/2012 05/15/12 Rented $900 0.0% --
04/15/2012 04/15/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $900 -- --
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 $2,925 $251,700 $0 $251,700
2024 $2,876 $243,900 $0 $243,900
2023 $2,471 $196,400 $0 $196,400
2022 $2,620 $186,500 $0 $186,500
2021 $2,004 $136,800 $0 $136,800
2020 $2,214 $152,600 $0 $152,600
2019 $1,994 $136,000 $0 $136,000
2018 $1,946 $132,800 $0 $132,800
2017 $1,876 $128,700 $0 $128,700
2016 $1,815 $125,200 $0 $125,200
2015 $1,885 $127,000 $0 $127,000
2014 $1,327 $91,800 $0 $91,800
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73125069

MLS Property Information Network (MLS PIN)

APN: FRAN-000270-000000-000030-000037