241 Prospect St, Franklin MA 02038

Franklin, MA 02038
$552,000
Est. $2,938/month
5
Beds
2.5
Baths
3,452
Sq Ft
$160
Price/Sq Ft
1.81
Acres
1978
Year Built
Single Family Residence
Type
15
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73245221 Copied!

About this home

Attention investors and handy homeowners! Welcome to this charming Gambrel Colonial nestled on a tranquil 1.8-acre lot, offering a perfect blend of classic architecture & serene living. This spacious home features five generous bedrooms and two and a half baths, providing ample space for family & guests. The spacious front to back living room, with fireplace and numerous windows, is perfect for both family time & entertaining. The eat-in kitchen and adjacent dining room are at the heart of the first floor. The expansive layout includes a versatile bonus room with a fireplace & spiral staircase, ideal for a game room, large home office, or additional living area. Enjoy the peace & privacy of this secluded lot with premium well water, a rare and valuable feature. While the home could use significant updating, it presents a fantastic opportunity to customize & create your dream home with a picturesque setting in desirable Franklin.

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1978
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,452 sq ft
Total Rooms
9

Sale Statistics

Sale Overview
Original List Price: $500,000
Final Sale Price: $552,000
Difference: +$52,000 (+10.4%)
Performance Metrics
110.4%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $145
Sale $/sq ft: $160
This property sold for $160 per square foot
Sale Summary

This property sold for 10.4% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1978
Living Area 3,452 sq ft
Lot Size 1.81 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 9

Interior

Heating Baseboard, Oil
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement None
Laundry None
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Storage
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Under, Paved Drive, Off Street
Total Spaces 6

Utilities

Electric None
Water Private
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $7,572
Assessed Value $642,200

Location

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Neighborhood

241 Prospect St, Franklin MA 02038

Franklin, MA 02038

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $631
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.4%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jul 29, 2024
$552,000
Property sold
Days on Market: 18
🏠
Listed for Sale
May 31, 2024
$500,000
Original listing
Agent: Catherine Carrara Office: Suburban Lifestyle Real Estate

Price & Status History

Date Event Price Change
May 31, 2024 New Listing Added $500,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$160

Tax History

Year Taxes Assessment
2024 $7,572 $642,200

Financial Details

Annual Property Tax
$7,572
Tax Year 2024
Assessed Value
$642,200

Listing Information

Listing Agent Catherine Carrara
Listing Office Suburban Lifestyle Real Estate
Agent MLS ID CN202990
Office MLS ID AN7063

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