585 Union St
Franklin, MA 02038
3 bd 2 ba 1,276 sqft Built 1962 Lot 18,731 sqft single_family
Most recent sale
$625,000
Nov 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2023 | Sold | $625,000 | MLSPIN |
| Sep 20, 2023 | Listed | $559,900 | MLSPIN |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $358,900 | $237,500 | $596,400 | $6,930 |
| 2024 | $205,500 | $237,500 | $443,000 | $5,223 |
| 2023 | $178,800 | $259,200 | $438,000 | $5,510 |
| 2022 | $158,500 | $197,900 | $356,400 | $5,007 |
| 2021 | $122,400 | $206,100 | $328,500 | $4,813 |
| 2020 | $116,700 | $207,900 | $324,600 | $4,710 |
| 2019 | $116,900 | $182,400 | $299,300 | $4,388 |
| 2018 | $105,500 | $186,000 | $291,500 | $4,270 |
| 2017 | $105,500 | $182,400 | $287,900 | $4,198 |
| 2016 | $90,900 | $189,300 | $280,200 | $4,063 |
| 2015 | $90,900 | $171,000 | $261,900 | $3,887 |
| 2014 | $107,800 | $166,000 | $273,800 | $3,956 |
| 2006 | $114,500 | $201,000 | $315,500 | $2,846 |
| 2005 | $107,400 | $171,000 | $278,400 | $2,553 |
| 2004 | $114,500 | $115,300 | $229,800 | $2,537 |
| 2003 | $114,500 | $115,300 | $229,800 | $2,544 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,276 sqft
Lot size
18,731 sqft
ZIP code
02038
City
Franklin
Street
Union St
Coordinates
42.06901, -71.40044
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,700
Gross rental yield
7.10%
Implied cap rate
4.62%
Trend-extrapolated value
—
Frequently asked questions
When did 585 Union St last sell?
585 Union St most recently sold on Nov 3, 2023 for $625,000.
What is the current tax assessment for 585 Union St?
The most recent total assessment for 585 Union St (year 2025) is $596,400 with $6,930 in property tax.
How does 585 Union St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $625,000.
When was 585 Union St built?
585 Union St was built in 1962.
How does 585 Union St compare to others on Union St?
We track 8 other properties on Union St. Browse the list under "Other properties on Union St" to compare beds, baths, and sale history.
What are the property facts for 585 Union St?
585 Union St is a 3 bed, 2 bath, 1,276 sqft, 18,731 sqft lot single_family.
Is 585 Union St a flip candidate?
No — 585 Union St does not appear in our flips dataset.
Is 585 Union St a tax-appeal candidate?
No — 585 Union St 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 Union St