5 Shepard Rd, Franklin MA 02038

Franklin, MA 02038
$663,900
$645,900
Est. $4,064/month
4
Beds
2
Baths
1,600
Sq Ft
$404
Price/Sq Ft
0.34
Acres
1963
Year Built
1
Garage Space
21
Days on Market
For Sale Price Drop -$18,000 Listed Jul 20, 2026 • MLS# 73552103 Copied! • Updated Aug 7, 2026

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About this home

Discover exceptional value in Franklin with this classic split-level home, ready for its next owner to move in and make it their own. The sun-filled main level features a comfortable living room that flows seamlessly into the dining area and efficiently designed kitchen, complete with a convenient trash compactor. Three generously sized bedrooms, each with hardwood floors and ceiling fans, along with a full bath, complete the upper level. Downstairs, you'll find a spacious family room with functional Murphy bed, anchored by a cozy fireplace and offering direct access to the attached garage. A second full bath and a versatile fourth bedroom featuring built-in bunk beds provide flexible space for guests, a home office, or extended family. Step outside to enjoy the open, level backyard with a deck, perfect for entertaining, relaxing, or outdoor activities. Conveniently located near everything Franklin has to offer, this home combines comfort, functionality, and outstanding value.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.7%
Price Range

Property Timeline

Price Reduced
Aug 7, 2026
$645,900 $18,000 (-2.71%)
From $663,900 to $645,900 (-2.7%)
🏠
Listed for Sale
Jul 20, 2026
$663,900
Original listing
Office: Keller Williams Elite

Tax History

Year Taxes Assessment
2026 $7,171 $627,900

Financial Details

Annual Property Tax
$7,171
Tax Year 2026
Assessed Value
$627,900

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1963
Living Area 1,600 sq ft
Lot Size 0.34 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Concrete, Laminate, Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Family Room
Fireplaces 1
Basement Full, Finished, Walk-out Access, Garage Access, Sump Pump
Laundry Electric Dryer Hookup, Washer Hookup, In Basement
Features Open Floorplan, Lighting - Overhead, Office, Internet Available - Unknown

Exterior

Construction Frame
Architecture Raised Ranch
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Attached, Paved
Total Spaces 3
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup, Icemaker Connection
Annual Tax $7,171
Assessed Value $627,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Lower Level Had Previous Water Damage Resolved By Sump Pump And Repaired. No Issues Since.
Possession None
Accepted Financing Contract
Structure Type []
House Color White
Sq Ft Source Owner
Sq Ft Disclosures Public record states 3 bedrooms.
Documents None
County Norfolk
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1963
Bedrooms
4
Full Bathrooms
2
Living Area
1,600 sq ft
Total Rooms
8

Floor Layout

Interior Features

Flooring: Tile, Concrete, Laminate, Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features: Open Floorplan, Lighting - Overhead, Office, Internet Available - Unknown
Windows: Insulated Windows
Basement: Full, Finished, Walk-Out Access, Garage Access, Sump Pump
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Raised Ranch
Year Built: 1963
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Paved

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
School District
Franklin School District local
A
🎓 Where Graduates Go Class of 2021
84% attend college
79% 4-Year 5% 2-Year 45% Out of State 4% Working
School Safety 2024-25
0.7% Low
0.7% Suspensions 1.7% In-School
4.8% below state avg
E

Elementary Schools

7 schools
Amego School
3.6 mi
Grades PK-12
A
Benjamin Franklin Classical Charter Public School
4.8 mi | #64 of 352 | Score: 54.5
Improved 16 spots from last year
-3.7 below state avg
898 students Diverse
Grades K-08
Lincoln Street K-2 Elementary School
1.2 mi
Grades K-02
Lincoln Street 3-5 Elementary School
1.2 mi
Grades 03-05
Franklin Early Childhood Development Center
2.4 mi
142 students Diverse
Diverse Student Body
Grades PK
Washington Street K-2 Elementary School
5.2 mi
Grades K-02
Washington Street 3-5 Elementary School
5.2 mi
Grades 03-05
M

Middle Schools

1 school
Franklin Middle School
2.4 mi
Grades 06-08
H

High Schools

2 schools
A
Franklin High School
2.3 mi | #57 of 346 | Score: 66.1
Improved 35 spots from last year
+7.9 above state avg
1,453 students Moderate
18 sports • 2,232 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
A-
Tri-County Regional Vocational Technical
2.5 mi | #92 of 346 | Score: 60.8
Improved 46 spots from last year
+2.6 above state avg
1,000 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $598
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Location

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Neighborhood

5 Shepard Rd, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent Tara Adams
Listing Office Keller Williams Elite
Office Phone 508-528-1000
Agent MLS ID CN247218
Office MLS ID AN7871
Listing Data Updated Aug 7, 2026 10:27 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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