6 months on rocket

51 Chestnut St, Franklin, MA, 02038

$1,349,000

9.69 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #73232868
Lot Size9.69 Acres
StatusActive

About 51 Chestnut St

"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
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Housing Market Comparison

See how this home compares to others in Franklin, MA.

Med. Sold Price

$680K

Med. Price/SqFt

$315

Avg. Days On Market

19

# of Sold Homes

23

51 Chestnut St vs Franklin

197 DAYS ON ROCKET

+178 Days

$1,349,000

+$669K More

KEY TAKEAWAY

This property is $669K 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

IDX 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: 11/17/2024, 10:20:47 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

Mar 15, 2016Home Sold
$155,000
Feb 01, 2005Home Sold
$298,000
Oct 16, 2001Home Sold
$186,500

Tax History

YEARPROP. TAXASSESSMENT
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

$6,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,111

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Rocket Mortgage

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.

Nearby Schools

school-card-donut-381157
7
/10
  • Gerald M. Parmenter Elementary School

  • 235 Wachusett St

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-381158
7
/10
  • Oak Street Elementary School

  • 224 Oak St

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-381159
6
/10
  • Helen Keller Elementary School

  • 500 Lincoln St

  • 1.94 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,303. Typical income of Franklin, MA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area 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).

How much acreage is this property?

The property 51 Chestnut St is 9.69 acres.
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Rocket HomesMassachusettsNorfolk CountyFranklin0203851 Chestnut St

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.

Over 15 listings were sold over their listed price in October 2024 in Franklin, MA. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024 in Franklin, MA there were 26.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 19 days, the median list price was $680,000.

From Rocket Homes Real Estate and based on county public records data.

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