NOT LISTED FOR SALE

7 Penny Ln Franklin, MA 02038

Estimated Value: $1,100,000 - $1,213,000

4 Beds
2.5 Baths
3,980 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $995,000 $250 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,209/month

3 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Deck
  • Gerald M. Parmenter Elementary School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of March 2023

This is the home you have been waiting for...it checks all the boxes! Beautiful large Colonial situated next to cul-de-sac on over 2.6 acres of land in sought after Parmenter/Remington school district~Enter thru the bright 2 story foyer & know this home has been lovingly maintained~Soaring 9 ft ceilings on main level & open floor plan make it perfect for entertaining~Great fireplaced Family Room w/ vaulted ceiling~Formal living room that can be used as office~Huge 30 foot kitchen with center island, granite counter tops, SS appliances with propane gas range, walk in pantry, hardwood floors~Eat in kitchen w/ slider to the deck overlooking the private backyard~Large upstairs bedrooms, master suite with walk in closet, full bath with double vanity & soaking tub~ 2nd floor laundry~Just head down to the finished LL w/ game & exercise room~Beautiful flat lot~Solar Panels~Short distance to Parmenter Elementary School, Groceries~0.9 of a mile to train station~Convenient to routes 495 and I-95

Last Agent to Sell the Property

Muneeza Nasrullah

Keller Williams Pinnacle MetroWest Listed on: 02/08/2023

Keller Williams Pinnacle MetroWest

Last Buyer's Agent

Jean Piazza

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,432

Year Built

  • Built in 2013

Lot Details

  • 2.63 Acre Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,980 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • French Doors
  • Insulated Doors
  • Mud Room
  • Family Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • Bulkhead
  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Parmenter Elementary School
  • Remington Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:297 L:212,4705030

Community Details

Recreation

  • Tennis Courts
  • Jogging Path

Additional Features

  • The Homes Of Strawberry Fields Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,432

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2013
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Subdivision Name: The Homes of Strawberry Fields
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior Amenities: Recessed Lighting, Pantry, Den, Mud Room, Media Room
  • Door Features: Insulated Doors
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Tankless Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 196
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Area: 196
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 196
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 288
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Coffered Ceiling(s), Flooring - Hardwood, French Doors
  • Room Dining Room Level: Main
  • Room Dining Room Area: 196
  • Room Family Room Level: Main
  • Room Family Room Features: Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
  • Room Family Room Area: 384
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Kitchen Island, Stainless Steel Appliances
  • Room Kitchen Area: 420
  • Laundry Features: Second Floor
  • Room Living Room Level: Main
  • Room Living Room Area: 196
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Finished, Bulkhead
  • Living Area: 3980
  • Window Features: Insulated Windows
  • MAIN LO: AN6641
  • LIST PRICE PER Sq Ft: 248.72
  • PRICE PER Sq Ft: 250
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Oil, Hydro Air, Active Solar
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Private
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Highway Access, House of Worship, Public School, University

Lot Info

  • Parcel Number: M:297 L:212,4705030
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 2.63
  • Lot Size Area: 2.63
  • Lot Size Sq Ft: 114432
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 497
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11432
  • Tax Book Number: 31861

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Franklin
  • Elementary School: Parmenter
  • Middle Or Junior School: Remington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2013
Sold by
Eastern Mgmt & Dev Llc
Bought by
Mahadevan Harish and Kolamuri Sravani
Current Estimated Value
$1,179,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$314,520
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$864,498

Purchase Details

Closed on
Sep 26, 2006
Sold by
Stewart Robert L Est
Bought by
Eastern Mgmt & Dev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,817,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mahadevan Harish $582,500 --
Mahadevan Harish $582,500 --
Eastern Mgmt & Dev $1,277,500 --
Eastern Mgmt & Dev $1,277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahadevan Harish $417,000
Closed Mahadevan Harish $417,000
Previous Owner Eastern Mgmt & Dev $2,817,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $995,000 +0.5% $250 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $989,900 -- $249 / 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 $11,201 $963,900 $386,500 $577,400
2024 $11,547 $979,400 $386,500 $592,900
2023 $10,843 $861,900 $341,500 $520,400
2022 $11,432 $813,700 $355,800 $457,900
2021 $11,128 $759,600 $299,200 $460,400
2020 $10,688 $736,600 $299,200 $437,400
2019 $10,752 $733,400 $296,100 $437,300
2018 $10,161 $693,600 $302,300 $391,300
2017 $10,250 $703,000 $311,700 $391,300
2016 $9,316 $642,500 $286,400 $356,100
2015 $8,753 $589,800 $233,700 $356,100
2014 $8,572 $593,200 $251,300 $341,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73077214

MLS Property Information Network (MLS PIN)

APN: FRAN-000297-000000-000212