Exploring 7 Franks Lane Dudley MA: A Look At This Notable Dudley Home
When you think about homes in the Dudley, Massachusetts area, there are certain addresses that, you know, just seem to hold a bit of interest. One such place is 7 Franks Lane Dudley MA, a property that has seen its share of local attention. This particular home, as a matter of fact, offers a glimpse into the housing market in this charming part of Massachusetts, giving us some things to consider about local residences.
It’s always fascinating to learn about individual homes, especially when they have a history of sales and a clear presence in a community. The property at 7 Franks Lane Dudley MA, for instance, stands out for several reasons, including its size and how it fits into the neighborhood. We can, in some respects, look at its details to get a better sense of what makes a home in Dudley appealing.
This article will take a closer look at what makes 7 Franks Lane Dudley MA a notable spot. We will go through its features, its past sales, and its current estimated worth. We will also touch upon what it might be like to live on Franks Lane, giving you a picture of this Dudley location, you know, as of today, May 15, 2024.
Table of Contents
- Current Status and Key Features
- Sales History and Estimated Value
- A Closer Look at the Home's Layout
- Life on Franks Lane, Dudley
- Financial Considerations for a Home Like This
- Frequently Asked Questions About 7 Franks Lane
Current Status and Key Features
Right now, the home at 7 Franks Lane Dudley MA is, as of this moment, not available for purchase. This means it is not listed on the market, so you won't find it with a "for sale" sign. It's currently a private residence, which is pretty common for homes that have recently changed hands or are comfortably settled.
This particular single family home has a good amount of living space. It measures 2,196 square feet, which, you know, offers plenty of room for different activities and family life. A home of this size usually provides space for separate living areas, dining spots, and, say, perhaps even a home office.
The house has three bedrooms, which is a typical setup for many family homes. It also has three bathrooms, which is quite a convenient feature. Having three bathrooms can really help with morning routines and, for instance, when guests come to visit. This layout tends to make daily living a bit more relaxed for everyone involved.
The property was built in 1993, so it has been part of the Dudley community for a while now. Homes from this period often have a certain charm and, you know, a solid build quality. You can also view many pictures of the property, with 36 photos available to give a good sense of its appearance and layout, which is really helpful for anyone curious about the place.
Sales History and Estimated Value
The home at 7 Franks Lane Dudley MA has a clear sales history, which helps us understand its value over time. It was last sold on September 16, 2020. At that time, the property went for $387,500. This sale price, as you can see, reflects the market conditions and the home's features at that specific point.
It's worth noting that property values can change, and they often do. For 7 Franks Lane Dudley MA, there is a current estimated value. This estimate places the home's worth at approximately $517,000. This figure was estimated around 2021, and it suggests a notable increase in value since its last sale, which is, you know, fairly typical in many housing markets.
When we look at the estimated value per square foot, it comes out to about $240. This kind of calculation helps people compare the value of different homes in the area, providing a standard measure. It gives a quick way to gauge how a property stands in terms of its price relative to its size, which is pretty useful.
The difference between the 2020 sale price and the 2021 estimated value shows how a home's worth can grow. This growth, you know, is often influenced by various factors, like local demand, interest rates, and overall economic conditions. It's a good example of how real estate values can shift over a relatively short period.
A Closer Look at the Home's Layout
The description of 7 Franks Lane Dudley MA paints a picture of a welcoming home. It sits on a large corner lot, which often means more yard space and, you know, a bit more privacy compared to properties in the middle of a block. Corner lots can also offer different views and more natural light, which is something many people look for.
When you enter the house, you come through a porch or mudroom area. This kind of space is really practical, especially in places like Massachusetts where you have different seasons. It gives you a spot to take off shoes, hang coats, and, for instance, keep outdoor gear organized before coming into the main living areas. This helps keep the rest of the house cleaner, which is a nice touch.
From there, you step into a welcoming entryway. This is the first impression of the inside of the home, and a good entryway can make a place feel open and inviting. The first floor of this house is described as bright, which means it gets a lot of natural light. This can make rooms feel larger and, you know, more cheerful throughout the day.
The home has a total of 2,196 square feet, as mentioned earlier. With three bedrooms and three bathrooms, it offers functional spaces for daily living. The layout, including the entryway and the bright first floor, suggests a design that aims for comfort and, for example, a good flow between rooms. It’s a design that tends to work well for many families.
Life on Franks Lane, Dudley
Franks Lane itself is a part of Dudley, Massachusetts, and it’s interesting to see how properties on this street connect. There are eight addresses located on Franks Lane in Dudley, Massachusetts. This means it's a relatively small street, which can often contribute to a close-knit feel within the neighborhood, you know.
When you look at property records for these addresses, you can find information like who owns the property, details about deeds, mortgages, and titles. You can also see the sales history for each home, which helps build a picture of the area's real estate activity. Current and historic tax assessments are also available, giving insight into property valuations over time.
For example, 8 Franks Lane, Dudley, MA 01571, is also a single-family home. It measures 1,685 square feet and has two beds and 1.5 baths. This home, too, is currently not for sale. It shows that homes on the lane have different sizes and layouts, offering variety to residents. This variety, in a way, adds to the character of the street.
Other homes on Franks Lane also have their own histories. For instance, 6 Franks Lane, a 3 bed, 3 bath home of 1,872 square feet, was built in 1989 and last sold in 2002. Then there's 4 Franks Lane, a 3 bed, 1 bath home of 1,008 square feet, which was sold more recently, on April 5, 2024, for $419,000. These examples, you know, illustrate the different types of homes and sales activities on the street.
Understanding the context of Franks Lane helps to place 7 Franks Lane Dudley MA within its surroundings. It shows that it is part of a residential area with a mix of property types and sales histories. This kind of information is useful for anyone looking to understand the local housing market or, for instance, thinking about moving to the area.
Financial Considerations for a Home Like This
When considering a home like 7 Franks Lane Dudley MA, it's helpful to look at the financial side of things. An affordability calculator can give you an idea of the monthly costs. For this property, it suggests a monthly payment of $3,073. This figure helps put the estimated value into a real-world context for potential homeowners, you know.
This monthly payment breaks down into a couple of main parts. A significant portion, about 89%, goes towards the monthly principal and interest. This part covers the repayment of the loan itself and the cost of borrowing the money. It's the largest piece of the monthly housing expense, as a matter of fact.
The remaining 11% of the monthly payment covers property taxes. For 7 Franks Lane Dudley MA, this amounts to approximately $350 per month. Property taxes are a regular cost of homeownership, and they contribute to local services. Knowing this amount helps in budgeting for a home, which is, you know, quite important.
These figures provide a practical look at what owning a home like this might entail financially. They give a clear picture of the ongoing costs beyond the initial purchase price. For anyone looking at homes in Dudley, understanding these financial aspects is a key part of the process, you know, for making good decisions.
Frequently Asked Questions About 7 Franks Lane
People often have questions about specific properties, and 7 Franks Lane Dudley MA is no different. Here are some common inquiries and their answers, based on the available information.
Is 7 Franks Lane Dudley MA currently for sale?
No, as of today, May 15, 2024, 7 Franks Lane Dudley MA is not listed for sale. It is currently a private residence, so it's not on the market for purchase, you know, at this time. This means you won't find it listed by real estate agents.
What are the key features of the home at 7 Franks Lane Dudley MA?
The home at 7 Franks Lane Dudley MA is a single-family house built in 1993. It measures 2,196 square feet and has three bedrooms and three bathrooms. It also features a porch or mudroom entry and a bright first floor. There are many photos available to see its details, which is quite helpful, you know.
How much did 7 Franks Lane Dudley MA sell for previously, and what's its estimated value now?
The property at 7 Franks Lane Dudley MA was last sold on September 16, 2020, for $387,500. Its current estimated value, based on a 2021 assessment, is approximately $517,000. This shows a notable increase in its worth over a relatively short period, which is, you know, often seen in the housing market.
For more general information on real estate trends and how property values are calculated, you might want to look at resources like a general real estate market overview site. This can give you a broader picture of what affects home prices, which is quite useful for anyone interested in the market, you know.
To learn more about Dudley real estate on our site, you can explore various listings and community information. We also have details about Dudley neighborhoods and their unique characteristics, which might be of interest to you, you know, if you are looking to understand the area better.
Understanding a property like 7 Franks Lane Dudley MA gives us a good sense of the local housing scene. Its features, sales history, and current valuation tell a story about a home that has seen its value grow in the Dudley market. It stands as an example of the types of homes found in this Massachusetts community, offering a comfortable living space for its residents.
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