NOT LISTED FOR SALE

10 Cherry Brook Rd Weston, MA 02493

Estimated Value: $3,266,000 - $11,053,044

7 Acres
$980,756 Price per Acre
317,988 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $1,850,000

Est. 287% increase in value since last sale

Current estimated payment $50,971/month

26 Days on Market

Highlights

  • Scenic Views
  • Waterfront
  • Wetlands on Lot
  • Country Elementary School Rated A+
  • 7.3 Acre Lot
  • 1-minute walk to Cherry Brook Park

About This Lot

As of August 2014

The seven-acre property at 10 Cherry Brook Road, a beautiful parcel adjacent to the Cherry Brook and its conservation area, offers a number of spectacular attributes, including great open space, specimen trees, sweeping views over the property, and privacy created by the abutting Cherry Brook conservation area. Once the centerpiece of the Munroe Estate, a 100-acre estate that evolved into the Cherry Brook Road neighborhood, this property retains its century-old charm with lichen-dotted stone walls and steps. The estate setting offers an ideal house site at the top of a rise, affording views over the property including a lower field and the Cherry Brook. The property has a graceful approach to the optimum house site, where a turn-of-the-century house once stood. There is a second access to the property via Merriam Street.

Last Listed By

Terrence Maitland

LandVest, Inc. Listed on: 05/14/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,525

Year Built

  • 2014

Lot Details

  • 7.3 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Near Conservation Area
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Rough Grade

Property Views

  • Scenic Vista Views

Schools

  • Country/Wood Elementary School
  • Weston Middle School
  • Weston High School

Utilities

  • Perc Test On File For Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:007.0 L:0005 S:000.0,866644

Community Details

Overview

  • No Home Owners Association

Recreation

  • Jogging Path
  • Electricity Available at Street
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$36,525

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built (Public Record): 2014

Interior Features

  • MAIN LO: C03800
  • MAIN SO: an6181

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Creek
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer, Perc Test On File
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Walk/Jog Trails, Conservation Area
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:007.0 L:0005 S:000.0,866644
  • Zoning: A
  • Additional Parcels YN: No
  • Development Status: Rough Grade
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Rolling Slope, Wetlands, Cleared, Gentle Sloping
  • Lot Size Acres: 7.3
  • Lot Size Area: 7.3
  • Lot Size Sq Ft: 317988
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 317875
  • PAGE: 504
  • PERC TEST: Y

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 36525
  • Tax Book Number: 33950

MLS Schools

  • High School: Weston
  • Elementary School: Country/Wood
  • Middle Or Junior School: Weston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 8, 2014
Sold by
Cherry Brook Rt
Bought by
Mckelvy Michael E and Mckelvy Wendy S
Seller's Agent
Terrence Maitland
LandVest, Inc.
Buyer's Agent
Donna Scott
Advisors Living - Wellesley
List Price
$1,980,000
Sold Price
$1,850,000
Premium/Discount to List
-$130,000
-6.57%
Total Days on Market
26
Current Estimated Value
$7,159,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,309,522
Avg. Annual Appreciation
12.94%
Original Mortgage
$4,600,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Ntr 10 Cherry Brook Rd and Hornbuckle Michael
Bought by
Cherry Brook Rt and Nathanson Alvin S

Purchase Details

Closed on
Feb 17, 1999
Sold by
Bernstein Stanley J and Bernstein Lisbeth T
Bought by
10 Cherry Brook Rd Nt and Hornbuckle Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckelvy Michael E $1,850,000 --
Cherry Brook Rt $5,300,000 --
10 Cherry Brook Rd Nt $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvy Michael E $8,062,500
Closed Mckelvy Michael E $7,200,000
Closed Mckelvy Michael E $480,000
Closed Mckelvy Michael E $6,800,000
Closed Mckelvy Michael E $4,600,000
Previous Owner 10 Cherry Brook Rd Nt $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $1,850,000 -6.6% --
07/09/2014 07/09/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $1,980,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $130,757 $11,779,900 $2,353,900 $9,426,000
2024 $127,416 $11,458,300 $2,353,900 $9,104,400
2023 $126,025 $10,644,000 $2,353,900 $8,290,100
2022 $118,732 $9,268,700 $2,086,800 $7,181,900
2021 $2,825 $8,944,500 $2,016,000 $6,928,500
2020 $115,680 $9,016,400 $2,016,000 $7,000,400
2019 $114,064 $9,059,900 $2,016,000 $7,043,900
2018 $4,195 $9,131,500 $2,016,000 $7,115,500
2017 $114,122 $9,203,400 $2,016,000 $7,187,400
2016 $33,591 $2,762,400 $1,771,800 $990,600
2015 $21,295 $1,734,100 $1,716,600 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71681126

MLS Property Information Network (MLS PIN)

APN: WEST-000007-000005