NOT LISTED FOR SALE

6 Cherrywood Ln Franklin, MA 02038

Estimated Value: $559,000 - $607,000

2 Beds
3 Baths
1,844 Sq Ft
1987 Built

Last Sold December 30, 2013

Last sale price $342,500 $186 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,708/month

12 Days on Market

About This Home

As of December 2013

Gorgeous and immaculate end unit available in desirable Chestnut Ridge Condos. The unit has been tastefully updated with hardwood throughout the first floor, new counters, first floor half bath, master bath, wet bar off living room and custom fireplace are updated. Out from double sliders off the living room is a brand new spacious deck which adds to a great layout for entertaining. The walk out lower level has been beautifully finished with more living space, tons of storage and a fantastic laundry room with more storage. Two walk in closets in the master bedroom. Chestnut Ridge is located just minutes from the Franklin and Norfolk commuter rail and is close to plenty of shopping and fabulous restaurants.

Last Agent to Sell the Property

Diane Sepe

Berkshire Hathaway HomeServices Commonwealth Real Estate License #449540754 Listed on: 10/09/2013

Last Buyer's Agent

Richard Herrick

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,919

Year Built

1987

Lot Details

0

Listing Details

  • Unit Level: 22
  • Unit Placement: End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Golf Course, Laundromat, Highway Access, Public School
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Central Vacuum
  • Bedroom 2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: Basement

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Condominium Name: Chestnut Ridge
  • Association Fee Includes: Master Insurance, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Refuse Removal
  • No Units: 55
  • Unit Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Dec 30, 2013
Sold by
Smith Kathleen M
Bought by
Oteri Charles F and Oteri Donna M
Seller's Agent
Diane Sepe
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Richard Herrick
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$345,000
Sold Price
$342,500
Premium/Discount to List
-$2,500
-0.72%
Current Estimated Value
$582,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,500
Avg. Annual Appreciation
4.47%
Original Mortgage
$274,000
Outstanding Balance
$185,512
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$381,884

Purchase Details

Closed on
Jun 30, 2005
Sold by
Kadets Barry J
Bought by
Smith Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1997
Sold by
Sullivan Margaret M and Sullivan William M
Bought by
Kadets Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1987
Sold by
Montopoli Tr J
Bought by
Sullivan Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
11.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Oteri Charles F $342,500 --
Oteri Charles F $342,500 --
Smith Kathleen M $379,000 --
Kadets Barry J $205,000 --
Sullivan Margaret M $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oteri Charles F $274,000
Closed Oteri Charles F $274,000
Previous Owner Sullivan Margaret M $266,000
Previous Owner Smith Kathleen M $300,000
Previous Owner Kadets Barry J $210,000
Previous Owner Kadets Barry J $210,000
Previous Owner Kadets Barry J $173,200
Previous Owner Sullivan Margaret M $171,000
Previous Owner Sullivan Margaret M $125,000
Previous Owner Sullivan Margaret M $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2013 12/30/13 Sold $342,500 -0.7% $186 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $345,000 -- $187 / 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 $5,919 $509,400 $0 $509,400
2024 $5,779 $490,200 $0 $490,200
2023 $5,616 $446,400 $0 $446,400
2022 $5,531 $393,700 $0 $393,700
2021 $5,086 $347,200 $0 $347,200
2020 $5,182 $357,100 $0 $357,100
2019 $4,769 $325,300 $0 $325,300
2018 $4,798 $327,500 $0 $327,500
2017 $4,501 $308,700 $0 $308,700
2016 $4,404 $303,700 $0 $303,700
2015 $4,730 $318,700 $0 $318,700
2014 $3,881 $268,600 $0 $268,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71594461

MLS Property Information Network (MLS PIN)

APN: FRAN-000281-000000-000001-000019