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5 Palomino Dr

Franklin, MA 02038

3 bd 4 ba 2,531 sqft Built 1997 Lot 21,344 sqft single_family
Most recent sale
$686,000
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2024 Sold $686,000 MLSPIN
Jan 2, 2024 Listed $688,900 MLSPIN
Nov 30, 2005 Sold $415,000 MLSPIN
Sep 23, 2005 Listed $405,000 MLSPIN
Apr 30, 1997 Sold $180,930 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,200 $223,100 $668,300 $7,766
2024 $350,800 $223,100 $573,900 $6,766
2023 $305,000 $206,400 $511,400 $6,433
2022 $272,000 $185,900 $457,900 $6,433
2021 $255,300 $174,600 $429,900 $6,298
2020 $236,400 $201,400 $437,800 $6,352
2019 $236,500 $171,200 $407,700 $5,977
2018 $214,200 $177,900 $392,100 $5,744
2017 $214,200 $167,800 $382,000 $5,570
2016 $215,600 $181,400 $397,000 $5,757
2015 $215,600 $156,400 $372,000 $5,520
2014 $215,600 $131,400 $347,000 $5,014
2006 $199,400 $171,400 $370,800 $3,345
2005 $186,700 $151,400 $338,100 $3,100
2004 $155,200 $103,700 $258,900 $2,858
2003 $155,200 $103,700 $258,900 $2,866

Property facts

Year built
1997
Property type
single_family
Stories
Beds
3
Baths
4
Living area
2,531 sqft
Lot size
21,344 sqft
ZIP code
02038
City
Franklin
Street
Palomino Dr
Coordinates
42.13112, -71.43880

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,340
Gross rental yield
12.84%
Implied cap rate
8.35%
Trend-extrapolated value

Frequently asked questions

When did 5 Palomino Dr last sell?
5 Palomino Dr most recently sold on Feb 27, 2024 for $686,000.
What is the current tax assessment for 5 Palomino Dr?
The most recent total assessment for 5 Palomino Dr (year 2025) is $668,300 with $7,766 in property tax.
How does 5 Palomino Dr's assessment compare to its last sale price?
The current assessment is 2.6% below the last sale price of $686,000.
When was 5 Palomino Dr built?
5 Palomino Dr was built in 1997.
How does 5 Palomino Dr compare to others on Palomino Dr?
We track 8 other properties on Palomino Dr. Browse the list under "Other properties on Palomino Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Palomino Dr?
5 Palomino Dr is a 3 bed, 4 bath, 2,531 sqft, 21,344 sqft lot single_family.
Is 5 Palomino Dr a flip candidate?
No — 5 Palomino Dr does not appear in our flips dataset.
Is 5 Palomino Dr a tax-appeal candidate?
No — 5 Palomino Dr 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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