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40 Marvin Ave

Franklin, MA 02038

3 bd 2 ba 1,484 sqft Built 1910 Lot 10,019 sqft single_family
Most recent sale
$525,000
Dec 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2021 Sold $525,000 MLS #72921558
Nov 18, 2021 Listed $495,000 MLS #72921558
Dec 22, 2018 Listing removed $379,000 MLSPIN
Sep 27, 2018 Listed $379,000 MLS #72402323
Jul 7, 2016 Listing removed $2,100 MLSPIN
May 26, 2016 Listed for rent $2,100 MLSPIN
May 20, 2016 Listing removed $2,100 MLSPIN
May 19, 2016 Listed for rent $2,100 MLSPIN
Mar 3, 2016 Listing removed $2,100 MLSPIN
Feb 1, 2016 Listed for rent $2,100 MLSPIN
Jan 29, 2016 Listing removed $2,100 AppfolioUnits
Jan 28, 2016 Listing removed $2,100 MLSPIN
Dec 2, 2015 Listing removed $2,100 MLSPIN
Dec 1, 2015 Listed for rent $2,100 MLSPIN
Nov 12, 2015 Listed for rent $2,100 AppfolioUnits
Nov 8, 2015 Listed for rent $2,100 MLSPIN
Nov 24, 2014 Sold $237,500 MLS #71751310
Oct 1, 2014 Listed $249,900 MLS #71751310

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,800 $323,800 $524,600 $6,096
2024 $182,600 $323,800 $506,400 $5,970
2023 $182,600 $281,200 $463,800 $5,835
2022 $150,200 $213,000 $363,200 $5,103
2021 $115,300 $236,700 $352,000 $5,157
2020 $109,600 $221,100 $330,700 $4,798
2019 $125,800 $213,200 $339,000 $4,970
2018 $112,700 $209,300 $322,000 $4,717
2017 $112,700 $195,600 $308,300 $4,495
2016 $99,400 $198,500 $297,900 $4,320
2015 $84,900 $193,400 $278,300 $4,130
2014 $84,900 $169,600 $254,500 $3,678
2006 $87,400 $203,500 $290,900 $2,624
2005 $81,000 $193,500 $274,500 $2,517
2004 $95,900 $148,100 $244,000 $2,694
2003 $94,200 $148,100 $242,300 $2,682

Property facts

Year built
1910
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,484 sqft
Lot size
10,019 sqft
ZIP code
02038
City
Franklin
Street
Marvin Ave
Coordinates
42.08635, -71.40480

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,304
Gross rental yield
9.84%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 40 Marvin Ave last sell?
40 Marvin Ave most recently sold on Dec 23, 2021 for $525,000.
What is the current tax assessment for 40 Marvin Ave?
The most recent total assessment for 40 Marvin Ave (year 2025) is $524,600 with $6,096 in property tax.
How does 40 Marvin Ave's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $525,000.
When was 40 Marvin Ave built?
40 Marvin Ave was built in 1910.
How does 40 Marvin Ave compare to others on Marvin Ave?
We track 8 other properties on Marvin Ave. Browse the list under "Other properties on Marvin Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Marvin Ave?
40 Marvin Ave is a 3 bed, 2 bath, 1,484 sqft, 10,019 sqft lot single_family.
Is 40 Marvin Ave a flip candidate?
No — 40 Marvin Ave does not appear in our flips dataset.
Is 40 Marvin Ave a tax-appeal candidate?
No — 40 Marvin 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

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