"Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a wonderful 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course & more. Convenient to highways, state routes & the "T" commuter rail, residents have easy access to Boston or Providence entertainment too! Additional details by request.
Property Details
Property Features
Listing Office:
Office Name: Better Living Real Estate, LLC
Office Phone: (781) 821-0105
Listing Agent: Robert Simone
Lot Features
Lot Information:
Lot: Easement, Wooded
Lot Size: 9.69 Acres
Other
Directions Information:
Directions: Diagonally cross the street from the entrance to Horace Mann Plaza and Wise Eye Care on Chestnut St
Price Information
Listing Price Info
Price Summary:
List Price: $1,349,000
Tax Information:
Annual Amount: $5,798
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Franklin, MA.
This property is $682.3K more than the Median Sold Price in Franklin, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73232868
Listing Office:
Office Name: Better Living Real Estate, LLC
Office Phone: (781) 821-0105
Listing Agent: Robert Simone
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 15, 2016
Mar 15, 2016Home Sold
$155,000
Feb 01, 2005
Feb 01, 2005Home Sold
$298,000
Oct 16, 2001
Oct 16, 2001Home Sold
$186,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,798
$395,800
2020
$5,637
$388,500
2019
$5,393
$367,900
2018
$5,205
$355,300
2017
$4,011
$275,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,800
Per Month
Principal & Interest
$6,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,111
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Gerald M. Parmenter Elementary School
235 Wachusett St
Distance between this listing and this school0.81 miles
Public District Grades KG-5
7
/10
Oak Street Elementary School
224 Oak St
Distance between this listing and this school1.15 miles
Public District Grades KG-5
6
/10
Helen Keller Elementary School
500 Lincoln St
Distance between this listing and this school1.94 miles
Public District Grades KG-5
Nearby Schools
6
/10
Horace Mann Middle School
224 Oak St
Distance between this listing and this school1.15 miles
Public District Grades 6-8
7
/10
Annie Sullivan Middle School
500 Lincoln St
Distance between this listing and this school1.94 miles
Public District Grades 6-8
7
/10
Benjamin Franklin Classical Charter Public School
500 Financial Park
Distance between this listing and this school2.35 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Franklin High School
218 Oak St
Distance between this listing and this school1.37 miles
Public District Grades 9-12
7
/10
Tri-County Regional Vocational Technical
147 Pond St
Distance between this listing and this school1.95 miles
Public District Grades 9-12
7
/10
King Philip Regional High School
201 Franklin St
Distance between this listing and this school2.91 miles
The neighbors living near this home have an average income of $78,303. The most common annual income of people living in Franklin, MA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 51 Chestnut St
What is the listing price of this property?
The listing price of 51 Chestnut St property is $1,349,000.
What type of property is this?
The property 51 Chestnut St is land located in Franklin, Massachusetts, 02038.
Is this property for sale now?
Active Listing: 51 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,798 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 15, 2016 for $155,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 51 Chestnut St in Franklin, MA and zip code 02038. This home sits on a 9.69 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $1,349,000.
While more than 15 listings in Franklin, MA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Franklin, MA between October 2024 and November 2024 decreased by 13.8%. While the average time on the market in November 2024 was 37 days, the median list price was $666,633.
From Rocket Homes Real Estate and based on county public records data.