$733,000
SOLD MAR 24, 2025
3 Beds
2 Baths
2,384 Sq Ft
0.84 Acres

Recently Sold

$307 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • No HOA
  • Wilmington High School Rated A-
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of March 2025

Welcome to 5 Franklin Ave in this very sought after Wilmington neighborhood just minutes Route 93! Come see this oversized well built 1970"s colonial with attached garage situated on just under an acre. You will fall in love with the neighborhood, character and charm this home offers inside and out. This 3 bedroom and 2 bath lives very large. First floor has oversized kitchen, dining room, living room with fireplace and family room. Second floor has 3 large bedrooms with plenty of closet space with the master bedroom having 3 walk in closets! The basement is clean and partially finished with 2 finished rooms that are very versatile. Furnace, roof and hot tub are 4 years old. 200 Amp Electrical Service. Oversized garage with second level for even more storage. This house checks all the boxes and is the total package for anyone that values indoor comfort,charm and outdoor fun with the in ground pool, hot tub and oversized yard that is great for entertaining. Plenty of parking too!!

Last Agent to Sell the Property

Alexander Colarusso

Colarusso Realty Listed on: 02/10/2025

Last Buyer's Agent

Chrisanne Connolly

Wilson Wolfe Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1975

Lot Details

  • 0.84 Acre Lot
  • Cleared Lot
  • Property is zoned RR

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Schools

  • Intermediate
  • Wilmington High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 4 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M:A90 L:0000 P:0022,890758

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,494

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1975
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Range, Dishwasher, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Area: 110
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 252
  • Room Dining Room Level: First
  • Room Dining Room Area: 156
  • Room Family Room Level: First
  • Room Family Room Area: 225
  • Room Kitchen Level: First
  • Room Kitchen Area: 300
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 288
  • Basement: Full, Partially Finished
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 384
  • Living Area: 2384
  • Spa Features: Private
  • Spa YN: Yes
  • MAIN LO: AN6830
  • LIST PRICE PER Sq Ft: 293.2
  • PRICE PER Sq Ft: 307.47
  • MAIN SO: B61601

Exterior Features

  • Exterior Features: Pool - Inground, Rain Gutters, Hot Tub/Spa, Storage
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Pool Features: In Ground
  • Pool Private YN: Yes
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public, Private
  • HEAT ZONES: 4
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:A90 L:0000 P:0022,890758
  • Zoning: RR
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.84
  • Lot Size Area: 0.84
  • Lot Size Sq Ft: 36590
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 156
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8494
  • Tax Book Number: 38924

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Wilmington
  • Elementary School: Intermediate
  • Middle Or Junior School: Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Karras Bill
Bought by
Ionian Properties Llc

Purchase Details

Closed on
Nov 12, 2024
Sold by
Baker Richard N and Us Bank Tna Tr
Bought by
Karras Bill

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bassett Edward B and Landers Terry A
Bought by
Dion Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1990
Sold by
Hanley Patricia A
Bought by
Landers Terry A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Foreclosure Deed $630,000 None Available
Foreclosure Deed $630,000 None Available
Foreclosure Deed $630,000 None Available
Deed $500,000 --
Deed $500,000 --
Deed $256,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $587,000 Stand Alone Refi Refinance Of Original Loan
Closed $451,000 Stand Alone Refi Refinance Of Original Loan
Closed $736,000 Stand Alone Refi Refinance Of Original Loan
Closed $810,000 Purchase Money Mortgage
Previous Owner $479,732 Stand Alone Refi Refinance Of Original Loan
Previous Owner $410,000 No Value Available
Previous Owner $142,000 No Value Available
Previous Owner $148,000 No Value Available
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $357,000 No Value Available
Previous Owner $158,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $733,000 +4.9% $307 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $699,000 -- $293 / 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 $8,653 $755,700 $333,700 $422,000
2024 $8,494 $743,100 $333,700 $409,400
2023 $7,953 $666,100 $303,300 $362,800
2022 $7,482 $574,200 $252,700 $321,500
2021 $7,440 $537,600 $229,700 $307,900
2020 $7,081 $521,400 $233,900 $287,500
2019 $6,969 $506,800 $228,800 $278,000
2018 $6,845 $475,000 $217,900 $257,100
2017 $6,784 $469,500 $217,900 $251,600
2016 $6,367 $435,200 $207,500 $227,700
2015 $6,225 $433,200 $207,500 $225,700
2014 $5,853 $411,000 $197,500 $213,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73334057

MLS Property Information Network (MLS PIN)

APN: WILM-000009A-000000-000000-000022