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131 Franklin St # 306, Stoneham MA 02180

Stoneham, MA 02180
$460,000
Est. $3,240/month
2
Beds
2
Baths
940
Sq Ft
$489
Price/Sq Ft
1985
Year Built
13
Days on Market
Closed Listed Oct 2, 2024 • MLS# 73297517 Copied!

About this home

Here’s your chance to own an exceptional commuter condo at an unbeatable price! Welcome to Brookmeadows, a charming brick-building condo complex ideally located just outside Stoneham Town Center, with its vibrant Main Street shops & restaurants, and minutes to I-93 and I-95 offering easy access into Boston. This pet-friendly, 2 bedroom, 2 full bath, third-floor unit is complete with in-unit laundry, wall AC, an assigned parking spot w/ additional visitor & street parking. The open concept kitchen, dining & living area with private balcony is perfect for enjoying the sunrise with morning coffee, unwinding after a long day or entertaining friends. Both bedrooms are generously sized, with the Primary featuring a walk-in closet and a private full bath w/ tile shower. Close proximity to Spot Pond & Greenwood Park, with plenty of walking & biking trails for endless outdoor adventures. Don't miss this rare opportunity! OFFERS DUE Monday 10/7 at 12:00pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
940 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $425,000
Final Sale Price: $460,000
Difference: +$35,000 (+8.2%)
Performance Metrics
108.2%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $452
Sale $/sq ft: $489
This property sold for $489 per square foot
Sale Summary

This property sold for 8.2% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$489/sq ft
Area Average
$156/sq ft
Difference
+214.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 940 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric Baseboard
Cooling Wall Unit(s)
Flooring Tile, Laminate
Appliances Range, Dishwasher, Refrigerator, Washer/dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $4,084
Assessed Value $385,600

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1985
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Location

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Neighborhood

131 Franklin St # 306, Stoneham MA 02180

Stoneham, MA 02180

Walkability

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Nearby Schools

School District
Stoneham School District local
B+
School Safety 2024-25
0.6% Low
0.4% Suspensions 1.6% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

3 schools
Stoneham Early Learning Center
0.3 mi
94 students Diverse
Grades PK
A-
South School
0.5 mi | #252 of 824 | Score: 52.3
Dropped 57 spots from last year
-5.9 below state avg
347 students Diverse
Grades K-04
St. Patrick Elementary School
0.6 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Stoneham Central Middle School
0.7 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
A-
Melrose Middle School
1.5 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
A-
Galvin Middle School
1.9 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

1 school
A-
Stoneham High School
0.3 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $340
Homeowners Insurance $200
HOA Fee $374/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Market Insights

7.6%
Price Range
17
Total Days on Market

Property Timeline

Sold
Nov 22, 2024
$460,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Oct 2, 2024
$425,000
Original listing
Agent: Flynn Team Office: Keller Williams Realty-Merrimack

Price & Status History

Date Event Price Change
Oct 2, 2024 New Listing Added $425,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$489

Tax History

Year Taxes Assessment
2024 $4,084 $385,600

Financial Details

Annual Property Tax
$4,084
Tax Year 2024
HOA Fee
$374
Monthly
Assessed Value
$385,600

Listing Information

Listing Agent Flynn Team
Listing Office Keller Williams Realty-Merrimack
Agent MLS ID TEAM0272
Office MLS ID G95166
Listing Data Updated Nov 22, 2024 3:40 PM EST
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 Stoneham, MA

Real-time market trends and pricing data for this area

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