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249 Lincoln Street

249 Lincoln Street, Franklin, MA 02038
Property in Franklin Town
Sold Mar 17, 2017
$350,000
$332,500 by Blue Hills Bank
Mortgage Due Mar 17, 2047
Sold Sep 01, 2004
$355,000
$200,000 by National City Mtg Co
Mortgage
Local assessors in Franklin, MA have categorized 249 Lincoln Street as a residential type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 34,473 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 249 Lincoln Street has a total of 3,031 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 249 Lincoln Street sold most recently in Jan 1, 1970 for a total of $350,000. If you work out the math, that's approximately a cost of $115.47 per sqft. Before that, the property was also sold for $355,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,279 in taxes each year. 249 Lincoln Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $617,400. If we break it down further, the land itself was valued at $247,300. Improvements to the property, however, were assessed at a total of $370,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Outdoor Space

Garden

Parking

Attached Garage
Garage Parking
Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,597
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,473
  • Total Building Area: 3,031
  • Gross Building Area: 4,808
  • Building Area: 3,031
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 3,031
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.791
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCDERMONT LISA M
  • Current Owner 2: VIPRAIO MARY R
  • Previous Owner : STOICO PAUL M
  • Previous Owner 2: STOICO LINDA A
  • Owner Before Previous Owner: DERRICO AUDREY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 93-035
  • Parcel: FRAN M:250 L:087
  • Lot: 87
  • Municipality: FRANKLIN
  • Latitude: 42.0994
  • Longitude: -71.3955

    Address

  • Full Address: 249 Lincoln St
  • Address - House Number: 249
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C009
  • 4-Digit Zip Code: 1596
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,279

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 734,520
  • High Value: 865,359
  • Low Value: 603,681

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: BLUE HILLS BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2017
  • First Open Lien Mortgage Loan Amount: $332,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 17, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,400
  • Assessed Land Value: $247,300
  • Assessed Improvements Value: $370,100

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Transaction ID: 1806494493
  • Current Sale Price: $350,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 23086
  • Previous Sale Recording Date: Sep 01, 2004
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUE HILLS BANK
  • First Mortgage Transaction Date: Mar 17, 2017
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 17, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Sep 01, 2004
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Franklin Town



Similar Buildings

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Frequently Asked Questions

What neighborhood is 249 Lincoln Street located in?
The 249 Lincoln Street is a located in the neighborhood of Franklin Town in Franklin Town, Franklin.
What is the average sales price for listings in 249 Lincoln Street?
The average sales price for units in 249 Lincoln Street is $0 currently.

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