5 Magnolia Drive # 5, Franklin MA 02038

Franklin, MA 02038
$280,000
2
Beds
2.5
Baths
1,923
Sq Ft
$146
Price/Sq Ft
1987
Year Built
1
Garage Space
Condominium
Type
69
Days on Market
Sold 2009 Listed Mar 10, 2009 • MLS# 70885886 Copied! • Updated Apr 1, 2025

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $300,000
Final Sale Price: $280,000
Difference: $20,000 (-6.7%)
Performance Metrics
93.3%
List to Sale Ratio
Sold below asking price
69
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $156
Sale $/sq ft: $146
This property sold for $146 per square foot
Sale Summary

This property sold for 6.7% below the original asking price.

The property spent 69 days on market before selling.

Nearby Sales Comparison

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

This Property
$146/sq ft
Area Median
$225/sq ft
Difference
35.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Beautiful home in desirable Chestnut Ridge!Meticulously cared for-offers gleaming hardwood floors,spacious ceramic tiled eat-in kitchen with island*Entertain in dining room w/trey ceiling,adjacent butlers' area+wet bar*Huge step down family rm w/vaulted ceilings,transom windows that fill the room with sunlight and gas insert fireplace for ambiance*Sitting area and office area on second floor*Slider to private deck*Enjoy Tennis or lounge by Pool*Walk Downtown*BEST CONDO VALUE IN FRANKLIN!MINT

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

47.7%
Price Range
70
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73523696
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 11, 2026
$535,000
MLS #73523696
View Listing →
✓
Sold
Aug 27, 2009
$280,000
Property sold
Days on Market: 70
🏠
Listed for Sale
Mar 10, 2009
$300,000
Original listing
Agent: Lynne Hofmann Ritucci Office: Century 21 Commonwealth

Tax History

Year Taxes Assessment
2008 $3,225 $322,500

Financial Details

Annual Property Tax
$3,225
Tax Year 2008
HOA Fee
$395
Per month
Assessed Value
$322,500

Facts & Features

1 Car Garage
Central AC

Home Facts

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

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Family Room
Fireplaces 1
Basement Y
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features Balcony - Interior, Office, Central Vacuum, Wet Bar, Walk-up Attic

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Attached, Off Street
Total Spaces 3
Electric None
Water Public, City/town Water
Sewer None
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $3,225
Assessed Value $322,500

HOA & Community

HOA Fee $395
Fee Includes Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Tennis Court(s)
Optional Fee Includes None
Lead Paint None
Seller Disclosures Refridgerator, Washer And Dryer Included - Tennis And Pool Included In Condo Fees!
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 5
Sq Ft Source Owner
Documents None
County Norfolk
Total market time (incl. prior listings) 70 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Balcony - Interior, Office, Central Vacuum, Wet Bar, Walk-up Attic
Windows: Skylight(s)
Basement: Y
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

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

Utilities & Systems

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat
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

3 schools
Franklin Early Childhood Development Center
1.4 mi
116 students Diverse
Diverse Student Body
Grades PK
Lincoln Street K-2 Elementary School
1.8 mi
507 students Moderate
Strong Attendance
Grades K-02
Lincoln Street 3-5 Elementary School
1.8 mi
553 students Moderate
Strong Attendance
Grades 03-05
M

Middle Schools

3 schools
Franklin Middle School
1.4 mi
1,008 students Moderate
Grades 06-08
A-
King Philip Regional Middle School
2.9 mi | #94 of 352 | Score: 50.3
Improved 31 spots from last year
-7.9 below state avg
671 students Moderate
Rising School
Grades 07-08
B
Charles E Roderick School
3.3 mi | #372 of 825 | Score: 48.4
Dropped 211 spots from last year
-9.8 below state avg
394 students Moderate
Strong Attendance
Grades 04-06
H

High Schools

3 schools
A
Franklin High School
1.5 mi | #57 of 346 | Score: 66.3
Improved 35 spots from last year
+8.1 above state avg
1,379 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
2.2 mi | #81 of 346 | Score: 62.8
Improved 57 spots from last year
+4.6 above state avg
992 students Moderate
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
B+
King Philip Regional High School
2.6 mi | #130 of 346 | Score: 58.1
Dropped 75 spots from last year
-0.1 below state avg
1,100 students Moderate
20 sports • 2,028 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

Loading map...

Neighborhood

5 Magnolia Drive # 5, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent Lynne Hofmann Ritucci
Listing Office Century 21 Commonwealth
Office Phone 508-435-6333
Agent MLS ID BB808670
Office MLS ID BB5991
Listing Data Updated Apr 1, 2025 7:28 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Franklin, MA

Real-time market trends and pricing data for this area

Loading market insights for Franklin.