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5 Magnolia Dr # 5, Franklin MA 02038

Franklin, MA 02038
$600,000
Est. $4,202/month
2
Beds
2.5
Baths
1,923
Sq Ft
$312
Price/Sq Ft
1987
Year Built
6 hours 5 minutes
Time on Market
Active Listed May 26, 2026 • MLS# 73523696 Copied!

About this home

Welcome to sought-after Chestnut Ridge Condominiums in Franklin! This well-managed community features beautifully landscaped grounds, an inground pool, and an unbeatable location close to restaurants, shopping, commuter rail, Dean College, major highways with everyday conveniences. This spacious floorplan offers a dining room, 2 large bedrooms, a loft area, 2.5-bath, soaring ceilings, newly refinished hardwood floors, and a light filled sunken living room with gas fireplace, wet bar, and sliders to a private composite deck. The cabinet packed eat-in kitchen features new appliances, skylights and direct access to the garage. Upstairs, both bedrooms offer private full baths, including a main suite with cathedral ceiling and walk-in closet. Flexible living space includes a first-floor den and a basement for tons of storage w/ bulkhead access. Franklin is a destination town rich in history and centrally located between Boston, Providence, and Worcester...making this a commuter’s dream!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,923 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,923 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances Disposal, Trash Compactor, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Features Balcony - Interior, Recessed Lighting, Loft, Den, Central Vacuum, Internet Available - Broadband

Exterior

Construction None
Architecture None
Roof Shingle
Features Porch, Deck - Composite, Rain Gutters, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Off Street, Guest, Driveway, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,454
Assessed Value $469,400

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Disposal, Trash Compactor, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
Interior Features: Balcony - Interior, Recessed Lighting, Loft, Den, Central Vacuum, Internet Available - Broadband
Windows: Skylight(s), Insulated Windows
Basement: Y
Laundry: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1987
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck - Composite, Rain Gutters, Professional Landscaping
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Garage Door Opener, Storage, Off Street, Guest, Driveway, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Location

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Neighborhood

5 Magnolia Dr # 5, Franklin MA 02038

Franklin, MA 02038

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $455
Homeowners Insurance $200
HOA Fee $514/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 26, 2026
$600,000
Original listing
Agent: Marcie Rappa Office: Better Living Real Estate, LLC

Price & Status History

Date Event Price Change
May 26, 2026 New Listing Added $600,000

Market Statistics

Time on Market
6 hours 5 minutes
Price per Sq Ft
$312

Tax History

Year Taxes Assessment
2025 $5,454 $469,400

Financial Details

Annual Property Tax
$5,454
Tax Year 2025
HOA Fee
$514
Per month
Assessed Value
$469,400

Listing Information

Listing Agent Marcie Rappa
Listing Office Better Living Real Estate, LLC
Agent MLS ID BB982662
Office MLS ID AC1854
Listing Data Updated May 26, 2026 7:57 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Franklin, MA

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