NOT LISTED FOR SALE

Estimated Value: $5,213,000 - $5,839,329

6 Beds
10 Baths
7,845 Sq Ft
$711/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $2,820,720 $360 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $35,038/month

111 Days on Market

About This Home

As of June 2015

Stunning Cliff Road home! Six bedroom center entrance colonial with an abundance of space & excellent floor plan. Kitchen family room runs along back of the home with large windows filling it with sunshine & easy back yard access. Kitchen includes oversized island, breakfast nook & a hidden baking enclave perfect for caterers, gourmet cooks or kids. First floor custom built library. 2nd floor with incredible fireplaced master suite & large private deck. 4 additional large family beds each with it's own bath. 3rd floor includes an additional 2 bedrooms & full bath. Lower level has large media room with pull down screen, fireplace and exterior access. Game room with beverage & snack center plus an exercise room, bonus room & full bath. 3 car garage. Over a half acre of land with plenty of room for recreation & a large patio & screened porch for entertaining. This location gives you easy access to Boston and just a short distance to the Wellesley train, schools, shops and trails.

Last Agent to Sell the Property

Melissa Dailey

Coldwell Banker Realty - Wellesley Listed on: 01/23/2015

Coldwell Banker Realty - Wellesley

Last Buyer's Agent

Teri Adler

MGS Group Real Estate LTD - Wellesley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Jun 30, 2015
Sold by
Young Derek L and Young Joy G
Bought by
Schack Lawrence and Shaw Katherine E
Seller's Agent
Melissa Dailey
Coldwell Banker Realty - Wellesley
Buyer's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
List Price
$2,995,000
Sold Price
$2,820,720
Premium/Discount to List
-$174,280
-5.82%
Total Days on Market
111
Current Estimated Value
$5,577,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,756,862
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,974,504
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2007
Sold by
Wolf Pamela and Wolf Robert
Bought by
Young Derek L and Young Joy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Fallon Jorie and Fallon Peter A
Bought by
Wolf Pamela T and Wolf Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1990
Sold by
Iagatta Matthew I
Bought by
Tate Ralph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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
Schack Lawrence $2,820,720 --
Young Derek L $3,199,000 --
Wolf Pamela T $3,000,000 --
Tate Ralph S $733,645 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Katherine E $500,000
Open Shaw Katherine E $2,750,000
Closed Schack Lawrence $1,000,000
Closed Shaw Katherine E $500,000
Closed Schack Lawrence $1,974,504
Closed Shaw Katherine E $423,108
Previous Owner Young Derek L $250,000
Previous Owner Young Derek L $2,400,000
Previous Owner Young Derek L $2,400,000
Previous Owner Young Derek L $160,000
Previous Owner Wolf Pamela T $2,650,000
Previous Owner Fallon Peter A $1,500,000
Previous Owner Fallon Peter A $2,000,000
Previous Owner Tate Ralph S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $2,820,720 0.0% $360 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
04/23/2015 04/23/15 Off Market $2,820,720 -- --
01/23/2015 01/23/15 For Sale $2,995,000 -- $382 / Sq Ft
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 $45,818 $4,457,000 $1,304,000 $3,153,000
2024 $43,441 $4,173,000 $1,134,000 $3,039,000
2023 $44,632 $3,898,000 $1,005,000 $2,893,000
2022 $44,933 $3,847,000 $900,000 $2,947,000
2021 $43,522 $3,704,000 $863,000 $2,841,000
2020 $36,911 $3,193,000 $863,000 $2,330,000
2019 $36,955 $3,194,000 $863,000 $2,331,000
2018 $34,595 $2,895,000 $845,000 $2,050,000
2017 $33,130 $2,810,000 $844,000 $1,966,000
2016 $34,473 $2,914,000 $830,000 $2,084,000
2015 -- $2,905,000 $829,000 $2,076,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71786835

MLS Property Information Network (MLS PIN)

APN: WELL-000084-000031