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545 South Franklin Street

545 South Franklin Street, Holbrook, MA 02343
Property in Holbrook
Sold Oct 27, 2017
$322,000
$257,600 by Leader Bank Na
Mortgage Due Oct 27, 2047
Sold Aug 10, 2005
$25,000
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545 South Franklin Street has been categorized by the local assessors in Holbrook, MA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 545 South Franklin Street has 1,020 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,940 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 545 South Franklin Street was last sold in Jan 1, 1970 for $322,000. According to our calculations, that's $315.69 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Jan 1, 1970. Current property owners are expected to pay $6,098 in taxes per year. The property on 545 South Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $396,500. To break that down further, the land itself was valued at $197,200. While improvements to the property were assessed at a total of $199,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Outdoor Space

Garden

Parking

Attached Garage

Facilities

Storage Available

Condition

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

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,020
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,940
  • Total Building Area: 1,020
  • Gross Building Area: 3,112
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,020
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.435
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIN TOMMY H
  • Previous Owner : SULLIVAN KIPP E
  • Previous Owner 2: SULLIVAN PAULA A
  • Owner Before Previous Owner: VINITSKY AUDREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Holbrook School District
  • School Tax School District: HOLBROOK SD
  • Census Tract: 421200

Zoning

  • Zoning: R3

Geography

  • Parcel: HOLB M:41 L:108-00-0
  • Lot: 108--0
  • Municipality: HOLBROOK
  • Latitude: 42.1377
  • Longitude: -71.0061

    Address

  • Full Address: 545 S Franklin St
  • Address - House Number: 545
  • Street Direction: S
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Holbrook
  • Carrier Code: C010
  • 4-Digit Zip Code: 1869
  • Zip Code: 02343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,098

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 495,284
  • High Value: 576,578
  • Low Value: 413,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,600
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Oct 27, 2017
  • First Open Lien Mortgage Loan Amount: $257,600
  • 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: Oct 27, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,500
  • Assessed Land Value: $197,200
  • Assessed Improvements Value: $199,300

    Sales

  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Transaction ID: 11291447568
  • Current Sale Price: $322,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 102749
  • Previous Sale Recording Date: Aug 10, 2005
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Oct 27, 2017
  • First Mortgage Loan Amount: $257,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 27, 2047

About Holbrook



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Frequently Asked Questions

What neighborhood is 545 South Franklin Street located in?
The 545 South Franklin Street is a located in the neighborhood of Holbrook in Holbrook, Holbrook.
What is the average sales price for listings in 545 South Franklin Street?
The average sales price for units in 545 South Franklin Street is $0 currently.

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