NOT LISTED FOR SALE

491 W Central St Unit D11 Franklin, MA 02038

Estimated Value: $280,883 - $303,000

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

Last Sold June 11, 2024

Last sale price $290,000 $330 Per Sq Ft

Current estimated payment $2,192/month

12 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Community Pool
  • Oak Street Elementary School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2024

Welcome Home to Franklin's Convenient Condo at Presidential Arms. Featuring an Oversized Livingroom with a Built In Air Conditioner and slider out to Your Own Private Balcony. A Kitchen with Plenty of Cabinets, Newer Laminate flooring, & Newer Stainless Steel Appliances. A Formal Dinningroom, A Huge Master Bedroom with plenty of Closet Space. Our 2nd Bedroom offers Newer Laminate Flooring & a Double Closet. Plus A Newer Tiled Bathroom completes this Penthouse Condo.Our Best Offer is our Low Monthly Condo Fee and being Close to Shopping, Restaurants, Highway & the Commuter Rail Call Showingtime for your Appointment Today before this Convenient Condo is Gone!

Last Listed By

Mark Maraglia

EXIT Premier Real Estate Listed on: 04/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1982

HOA Fees

  • $341 Monthly HOA Fees

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Dining Area
  • Laminate Flooring
  • Laundry in Basement
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 1 Heating Zone
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service

Additional Features

  • Energy-Efficient Thermostat
  • Balcony
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 92116

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, snow removal, trash
  • 48 Units
  • High-Rise Condominium
  • Presidential Arms Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,859

Year Built

Built in 1982

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1982
  • Buyer Agency: 2.0
  • Entry Level: 3
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main,Third
  • Room Bedroom2 Features: Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Laminate
  • Room Master Bedroom Level: Main,Third
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Flooring - Laminate, Recessed Lighting
  • Room Dining Room Level: Main,Third
  • Room Kitchen Level: Main,Third
  • Room Kitchen Features: Flooring - Laminate, Dining Area, Stainless Steel Appliances
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Main,Third
  • Room Living Room Features: Flooring - Laminate, Slider
  • Basement: N
  • Living Area: 880
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: B95066
  • LIST PRICE PER Sq Ft: 318.07
  • PRICE PER Sq Ft: 329.55
  • MAIN SO: AC0342
  • Insulation: Full

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 341
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Golf, Highway Access, House of Worship, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: D11
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 92116
  • Zoning: C
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 5
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2859
  • Tax Book Number: 39537

Multi Family

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

MLS Schools

  • High School: Franklin H.S
  • Elementary School: Kennedy
  • Middle Or Junior School: Horace Mann

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 18, 2021
Sold by
Perella Nicholas M and Perella Jamie R
Bought by
Emory Michelle
Seller's Agent
Stephanie Archung
Gibson Sotheby's International Realty
Buyer's Agent
Expert REALTOR® Advisors Team
EXIT Premier Real Estate
List Price
$190,000
Sold Price
$206,000
Premium/Discount to List
$16,000
8.42%
Total Days on Market
12
Current Estimated Value
$289,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,971
Avg. Annual Appreciation
9.24%
Original Mortgage
$204,040
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Alashaian Samuel A
Bought by
Perella Jamie R and Perella Nicholas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
5.86%
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
Emory Michelle $206,000 None Available
Perella Jamie R $136,500 --
Perella Jamie R $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nayak Ashok $203,000
Closed Nayak Ashok $203,000
Closed Emory Michelle $204,040
Previous Owner Perella Jamie R $109,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $290,000 +3.6% $330 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $279,900 +35.9% $318 / Sq Ft
06/21/2021 06/21/21 Sold $206,000 +8.4% $234 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $190,000 -- $216 / 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 $2,926 $251,800 $0 $251,800
2024 $2,859 $242,500 $0 $242,500
2023 $2,453 $195,000 $0 $195,000
2022 $2,603 $185,300 $0 $185,300
2021 $2,149 $146,700 $0 $146,700
2020 $2,358 $162,500 $0 $162,500
2019 $2,139 $145,900 $0 $145,900
2018 $2,091 $142,700 $0 $142,700
2017 $1,876 $128,700 $0 $128,700
2016 $1,814 $125,100 $0 $125,100
2015 $1,883 $126,900 $0 $126,900
2014 $1,325 $91,700 $0 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73221462

MLS Property Information Network (MLS PIN)

APN: FRAN-000270-000000-000030-000047