7 Mercer Ln
Franklin, MA 02038
4 bd 3 ba 3,324 sqft Built 1992 Lot 40,075 sqft single_family
Most recent sale
$820,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $820,000 | MLS #73030627 |
| Sep 5, 2022 | Listed | $796,000 | MLS #73030627 |
| Dec 3, 2009 | Sold | $475,000 | MLS #70982492 |
| Nov 9, 2009 | Listing removed | $455,400 | StateWide |
| Oct 22, 2009 | Listed | $455,400 | MLS #950497 |
| Sep 30, 2009 | Listed | $455,400 | MLS #70982492 |
| Feb 28, 1997 | Sold | $349,900 | Public Record |
| Oct 28, 1994 | Sold | $325,000 | Public Record |
| Mar 2, 1994 | Sold | $328,750 | Public Record |
| Apr 14, 1992 | Sold | $325,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $544,300 | $366,000 | $910,300 | $10,578 |
| 2024 | $544,300 | $366,000 | $910,300 | $10,732 |
| 2023 | $493,700 | $339,700 | $833,400 | $10,484 |
| 2022 | $434,900 | $292,800 | $727,700 | $10,224 |
| 2021 | $369,300 | $280,800 | $650,100 | $9,524 |
| 2020 | $351,000 | $283,600 | $634,600 | $9,208 |
| 2019 | $350,900 | $280,800 | $631,700 | $9,261 |
| 2018 | $314,300 | $277,900 | $592,200 | $8,676 |
| 2017 | $314,300 | $286,500 | $600,800 | $8,760 |
| 2016 | $309,900 | $248,000 | $557,900 | $8,090 |
| 2015 | $308,100 | $239,200 | $547,300 | $8,122 |
| 2014 | $308,100 | $219,400 | $527,500 | $7,622 |
| 2006 | $349,300 | $254,400 | $603,700 | $5,445 |
| 2005 | $327,100 | $264,400 | $591,500 | $5,424 |
| 2004 | $246,800 | $239,300 | $486,100 | $5,367 |
| 2003 | $246,800 | $239,300 | $486,100 | $5,381 |
Property facts
Year built
1992
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
3,324 sqft
Lot size
40,075 sqft
ZIP code
02038
City
Franklin
Street
Mercer Ln
Coordinates
42.04542, -71.43668
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,640
Gross rental yield
14.11%
Implied cap rate
9.17%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Mercer Ln last sell?
7 Mercer Ln most recently sold on Oct 7, 2022 for $820,000.
What is the current tax assessment for 7 Mercer Ln?
The most recent total assessment for 7 Mercer Ln (year 2025) is $910,300 with $10,578 in property tax.
How does 7 Mercer Ln's assessment compare to its last sale price?
The current assessment is 11.0% above the last sale price of $820,000.
When was 7 Mercer Ln built?
7 Mercer Ln was built in 1992.
How does 7 Mercer Ln compare to others on Mercer Ln?
We track 5 other properties on Mercer Ln. Browse the list under "Other properties on Mercer Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Mercer Ln?
7 Mercer Ln is a 4 bed, 3 bath, 3,324 sqft, 40,075 sqft lot single_family.
Is 7 Mercer Ln a flip candidate?
No — 7 Mercer Ln does not appear in our flips dataset.
Is 7 Mercer Ln a tax-appeal candidate?
No — 7 Mercer Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$538.6K
2026 Q4
$524.2K
ZIP 02038 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer Ln