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5 Madison Ave

Franklin, MA 02038

3 bd 3 ba 2,551 sqft Built 1995 Lot 30,056 sqft single_family
Most recent sale
$855,000
Mar 13, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 13, 2024 Sold $855,000 MLSPIN
Jan 30, 2024 Listed $800,000 MLSPIN
Apr 7, 1995 Sold $219,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,600 $359,400 $727,000 $8,448
2024 $371,900 $359,400 $731,300 $8,622
2023 $310,100 $343,400 $653,500 $8,221
2022 $274,700 $266,200 $540,900 $7,600
2021 $245,900 $257,000 $502,900 $7,367
2020 $234,400 $259,500 $493,900 $7,166
2019 $234,100 $238,800 $472,900 $6,933
2018 $211,000 $251,800 $462,800 $6,780
2017 $211,000 $259,500 $470,500 $6,860
2016 $212,400 $239,000 $451,400 $6,545
2015 $212,400 $216,200 $428,600 $6,360
2014 $212,400 $207,800 $420,200 $6,072
2006 $238,300 $267,800 $506,100 $4,565
2005 $223,400 $232,700 $456,100 $4,182
2004 $177,800 $189,300 $367,100 $4,053
2003 $168,900 $189,300 $358,200 $3,965

Property facts

Year built
1995
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,551 sqft
Lot size
30,056 sqft
ZIP code
02038
City
Franklin
Street
Madison Ave
Coordinates
42.10683, -71.40794

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,398
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value

Frequently asked questions

When did 5 Madison Ave last sell?
5 Madison Ave most recently sold on Mar 13, 2024 for $855,000.
What is the current tax assessment for 5 Madison Ave?
The most recent total assessment for 5 Madison Ave (year 2025) is $727,000 with $8,448 in property tax.
How does 5 Madison Ave's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $855,000.
When was 5 Madison Ave built?
5 Madison Ave was built in 1995.
How does 5 Madison Ave compare to others on Madison Ave?
We track 2 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 5 Madison Ave?
5 Madison Ave is a 3 bed, 3 bath, 2,551 sqft, 30,056 sqft lot single_family.
Is 5 Madison Ave a flip candidate?
No — 5 Madison Ave does not appear in our flips dataset.
Is 5 Madison Ave a tax-appeal candidate?
No — 5 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$538.6K
2026 Q4
$524.2K
ZIP 02038 — Median Price History + Forecast

Explore nearby

Other properties on Madison Ave