NOT LISTED FOR SALE

Estimated Value: $693,518 - $800,000

6 Beds
3 Baths
3,167 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $585,000 $185 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,831/month

41 Days on Market

About This Home

As of October 2021

Terrific opportunity for turn key investment! 3 units in well liked location in Franklin. Close to Dean College, Commuter Rail and Downtown. Consistent rental income, with individual gas furnaces, hot water heaters and electric meters. Second floor has been recently renovated, the other two units in very good condition. Separate 2 car garage for storage or additional income.

Last Listed By

Josh Handverger

Keller Williams Elite License #449589923 Listed on: 07/02/2021

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,615

Year Built

  • 1880

Lot Details

  • 10,019

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,615

Year Built

1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: 140 E/W to Fisher St. Near Dean
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Bulkhead
  • Total Bathrooms: 3
  • MAIN LO: AN4893
  • LIST PRICE PER Sq Ft: 189.45
  • PRICE PER Sq Ft: 184.72
  • MAIN SO: BB0285
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl,Carpet
  • Stories: 6
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Block, Stone
  • Construction Type: Frame
  • Exclusions: Washer Dryers In Units 1 And 2 Are Owned By Tenants.
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • HEAT UNITS: 1
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 3000

Lot Info

  • LOT SIZE: 10032
  • PAGE: 29
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10018.8
  • Zoning: R1

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Electric Expense: 300
  • Annual Gross Income: 56400
  • Insurance Expense: 2800
  • Property Net Operating Income: 49531
  • Number Of Units Total: 3
  • Annual Operating Expense: 6869
  • Total Actual Rent: 4700

Tax Info

  • Tax Annual Amount: 7313
  • Tax Book Number: 35862
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 15, 2021
Sold by
King Christian
Bought by
Weaver Adam and Baran Sofiya
Seller's Agent
Josh Handverger
Keller Williams Elite
Buyer's Agent
Koury Signoriello Realtor Group
New World Realty
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%
Total Days on Market
41
Current Estimated Value
$741,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,880
Avg. Annual Appreciation
7.14%
Original Mortgage
$574,404
Outstanding Balance
$532,812
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$216,142

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 20, 2018
Sold by
Corcoran 3Rd Walter P and Corcoran Carol
Bought by
King Christian
Seller's Agent
Kimberly Brady
Coldwell Banker Realty - Westwood
Buyer's Agent
Josh Handverger
Keller Williams Elite
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$446,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2013
Sold by
Suarez Melchor L and Suarez Susan
Bought by
Corcoran Walter P and Corcoran Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Jeffrey Maria S and Jeffrey Perry R
Bought by
Suarez Melchor L and Corcoran Walter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Kincaid Byron and Robarge Dennis
Bought by
Jeffrey Maria S and Jeffrey Perry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1987
Sold by
Ludenskyl S L
Bought by
Mclaughlin Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,980
Interest Rate
10.97%

Purchase Details

Closed on
Aug 21, 1987
Sold by
Braeley Alan S
Bought by
Ludensky Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
10.29%
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
Weaver Adam $585,000 None Available
King Christian $470,000 --
Corcoran Walter P $268,000 --
Suarez Melchor L $390,000 --
Jeffrey Maria S $320,000 --
Mclaughlin Glenn $249,900 --
Ludensky Stephen L $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Adam $574,404
Previous Owner King Christian $446,500
Previous Owner Corcoran Walter P $260,000
Previous Owner Suarez Melchor L $312,000
Previous Owner Jeffrey Maria S $233,600
Previous Owner Lambiase Anthony $49,980
Previous Owner Lambiase Anthony $199,920
Previous Owner Lambiase Anthony $151,900
Previous Owner Lambiase Anthony $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $585,000 -2.5% $185 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $600,000 -7.7% $189 / Sq Ft
07/02/2021 07/02/21 For Sale $650,000 +38.3% $205 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
03/20/2018 03/20/18 Sold $470,000 -5.8% $148 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $499,000 -- $158 / 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 $8,615 $741,400 $235,200 $506,200
2024 $7,823 $663,500 $235,200 $428,300
2023 $7,485 $595,000 $256,800 $338,200
2022 $7,265 $517,100 $196,000 $321,100
2021 $7,313 $499,200 $204,100 $295,100
2020 $6,479 $446,500 $205,900 $240,600
2019 $5,726 $390,600 $180,600 $210,000
2018 $4,553 $310,800 $184,200 $126,600
2017 $4,393 $301,300 $180,600 $120,700
2016 $4,456 $307,300 $187,700 $119,600
2015 $4,354 $293,400 $169,600 $123,800
2014 $4,167 $288,400 $164,600 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72859397

MLS Property Information Network (MLS PIN)

APN: FRAN-000287-000000-000133