NOT LISTED FOR SALE

170 Cliff Rd Wellesley Hills, MA 02481

Estimated Value: $3,650,000 - $5,926,000

5 Beds
4 Baths
3,331 Sq Ft
$1,460/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $4,240,864 $1,273 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $31,286/month

59 Days on Market

About This Home

As of July 2016

1 acre of land on one of Wellesley's most admired streets! Gracious 1928 Center Entrance Brick Colonial that screams potential! 5 bedrooms and 3.5 baths with an excellent floor plan. Walk up 3rd floor with 2 rooms and full bath. Large foyer, great ceiling height and well proportioned rooms makes this an easy renovation. OR Build your own dream home on this fabulous acre of flat private land. Street frontage is 200 feet. Many possibilities. Ask broker for full set of new house plans with the ability to take your buyer into similar home.

Last Agent to Sell the Property

Melissa Dailey

Coldwell Banker Realty - Wellesley Listed on: 01/20/2015

Coldwell Banker Realty - Wellesley

Last Buyer's Agent

FLEMING WALSH TEAM

JT Fleming & Company

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jul 21, 2016
Sold by
Cliff Road Partners Ll
Bought by
Turco Christopher E
Seller's Agent
Melissa Dailey
Coldwell Banker Realty - Wellesley
Buyer's Agent
FLEMING WALSH TEAM
JT Fleming & Company
List Price
$2,025,000
Sold Price
$4,240,864
Premium/Discount to List
$2,215,864
109.43%
Total Days on Market
59
Current Estimated Value
$4,861,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,766
Avg. Annual Appreciation
1.60%
Original Mortgage
$31,000,000
Outstanding Balance
$24,621,636
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$19,741,946

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 13, 2014
Sold by
Est Lowenstein John M and Buechler Ken
Bought by
Cliff Road Partners Ll
Seller's Agent
Jonathan Slater
Keller Williams Realty
Buyer's Agent
Jonathan Slater
Keller Williams Realty
List Price
$1,699,000
Sold Price
$1,700,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.19%
Original Mortgage
$1,500,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Turco Christopher E $4,240,864 --
Cliff Road Partners Ll $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turco Christopher E $1,944,000
Open Turco Christopher E $31,000,000
Previous Owner Cliff Road Partners Ll $2,914,500
Previous Owner Turco Christopher E $191,250
Previous Owner Cliff Road Partners Ll $1,500,000
Previous Owner Lowenstein John M $785,800
Previous Owner Lowenstein John M $200,000
Previous Owner Lowenstein John M $500,000
Previous Owner Lowenstein John M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $4,240,864 +6.2% $1,273 / Sq Ft
04/29/2016 04/29/16 Price Changed $3,995,000 -5.8% $1,199 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/06/2015 02/06/15 Off Market $4,240,864 -- --
01/20/2015 01/20/15 For Sale $2,025,000 +19.1% $608 / Sq Ft
08/13/2014 08/13/14 Sold $1,700,000 0.0% $513 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/15/2014 05/15/14 Off Market $1,700,000 -- --
05/14/2014 05/14/14 For Sale $1,699,000 -- $513 / 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 $48,871 $4,754,000 $1,738,000 $3,016,000
2024 $46,033 $4,422,000 $1,512,000 $2,910,000
2023 $47,414 $4,141,000 $1,340,000 $2,801,000
2022 $49,827 $4,266,000 $1,200,000 $3,066,000
2021 $45,837 $3,901,000 $1,150,000 $2,751,000
2020 $45,176 $3,908,000 $1,150,000 $2,758,000
2019 $45,285 $3,914,000 $1,150,000 $2,764,000
2018 $44,597 $3,732,000 $888,000 $2,844,000
2017 $35,099 $2,977,000 $889,000 $2,088,000
2016 $10,339 $874,000 $874,000 $0
2015 $16,253 $1,406,000 $873,000 $533,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71785624

MLS Property Information Network (MLS PIN)

APN: WELL-000094-000006