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12 Gannon Terrace

12 Gannon Terrace, Framingham, MA 01702
Property in Framingham
Sold Aug 26, 2022
$854,777
$600,000 by Citizens Bank
Mortgage Due Jun 01, 2048
Sold Nov 21, 2019
$560,000
$476,000 by 1st National Bank
Mortgage
12 Gannon Terrace in Framingham, MA was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 12 Gannon Terrace has 3,408 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 840 sqft and has been categorized as a full basement. In total, the area measurement of the land is 20,212 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 Gannon Terrace sold most recently in Aug 16, 2022 for a total of $854,777. If you work out the math, that's approximately a cost of $250.81 per sqft. Before that, the property was also sold for $560,000 in Nov 9, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,450 in taxes each year. 12 Gannon Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $838,700. If we break it down further, the land itself was valued at $256,400. Improvements to the property, however, were assessed at a total of $582,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 840
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,212
  • Total Building Area: 3,408
  • Gross Building Area: 5,860
  • Building Area: 3,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,408
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHARMA SANJEEV K
  • Current Owner 2: SHARMA SUREKHA
  • Previous Owner : ALVES TIAGO L
  • Owner Before Previous Owner: SAVITRI D MULUKUTLA RET
  • Owner Before Previous Owner 2: MULUKUTLA
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 384003

Zoning

  • Zoning: R-4

Geography

  • Account Number: F_669457_2927426
  • Parcel: FRAM M:125 B:97 L:4452 U:000
  • Block: 97
  • Lot: 4452
  • Municipality: FRAMINGHAM
  • Latitude: 42.281
  • Longitude: -71.4507

    Address

  • Full Address: 12 Gannon Ter
  • Address - House Number: 12
  • Address - Street Name: Gannon
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Framingham
  • Carrier Code: R002
  • 4-Digit Zip Code: 6137
  • Zip Code: 01702

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,450

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 931,740
  • High Value: 1,096,707
  • Low Value: 766,774

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $838,700
  • Assessed Land Value: $256,400
  • Assessed Improvements Value: $582,300

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11895375969
  • Current Sale Price: $854,777
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 131057
  • Previous Sale Recording Date: Nov 21, 2019
  • Previous Sale Contract Date: Nov 09, 2019
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Previous Mortgages

  • Previous Mortgage Lender: 1ST NATIONAL BANK
  • Previous Mortgage Transaction Date: Nov 21, 2019
  • Previous Mortgage Loan Amount: $476,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Framingham



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Frequently Asked Questions

What neighborhood is 12 Gannon Terrace located in?
The 12 Gannon Terrace is a located in the neighborhood of Framingham in Framingham, Framingham.
What is the average sales price for listings in 12 Gannon Terrace?
The average sales price for units in 12 Gannon Terrace is $0 currently.

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