NOT LISTED FOR SALE

2 Buckingham Terrace Wellesley, MA 02482

Estimated Value: $6,060,000 - $7,370,000

1 Acre
$6,620,256 Price per Acre
43,560 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $2,800,000

Est. 136% increase in value since last sale

Current estimated payment $42,141/month

1 Day on Market

About This Lot

As of February 2022

Incredible opportunity to build a home on a Dana Hall cul-de-sac surrounded by other high end homes. This property does not have a house on it and is ready to go. Close to Wellesley center and the Brook Path. This is a rare offering!

Last Agent to Sell the Property

Teri Adler

MGS Group Real Estate LTD - Wellesley Listed on: 02/11/2022

Last Buyer's Agent

Christine Lawrence

Rutledge Properties

Property Details

Property Type

Land

Est. Annual Taxes

$72,824

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Dover Road to Buckingham Terrace
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • MAIN LO: AN0499
  • MAIN SO: BB3820

Exterior Features

  • Disclosures: No Structure On Property. Buyer To Do Own Due Diligence. Survey And Topographical Plan Available.
  • Lot Features: Elevated, Cul-De-Sac
  • Waterfront: No

Utilities

  • Gas: At Street
  • Electric: At Street
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community: No

Schools

  • Elementary School: Wellesley
  • High School: Wellesley
  • Middle Or Junior School: Wellesley

Lot Info

  • LOT SIZE: 43560
  • PAGE: 25
  • Additional Parcels: No
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 43560
  • Number Of Lots: 1
  • Zoning: SR40

Tax Info

  • Tax Annual Amount: 14852
  • Tax Book Number: 38935
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Franklin Nine Wellesley L
Bought by
2 Buckingham Terrace Rt and Gill
Current Estimated Value
$6,620,256

Purchase Details

Listed on
Feb 11, 2022
Closed on
Feb 23, 2022
Sold by
Ciardi Robert E and Ciardi Karen L
Bought by
Franklin 9 Wellesley
Seller's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
Buyer's Agent
Christine Lawrence
Rutledge Properties
List Price
$2,695,000
Sold Price
$2,800,000
Premium/Discount to List
$105,000
3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 25, 2021
Sold by
M Carriage House T
Bought by
Ciardi Robert E and Ciardi Karen L
Seller's Agent
Christine Lawrence
Rutledge Properties
Buyer's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
List Price
$2,385,000
Sold Price
$2,150,000
Premium/Discount to List
-$235,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.71%
Source: Public Records

Range of Values:

Collateral Analytics

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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
2 Buckingham Terrace Rt -- None Available
2 Buckingham Terrace Rt -- None Available
Franklin 9 Wellesley $2,800,000 None Available
Ciardi Robert E $2,150,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $2,800,000 +3.9% --
02/13/2022 02/13/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $2,695,000 +25.3% --
01/29/2021 01/29/21 Sold $2,150,000 -4.4% --
12/31/2020 12/31/20 Pending -- -- --
12/26/2020 12/26/20 Price Changed $2,250,000 -5.7% --
11/19/2020 11/19/20 For Sale $2,385,000 -- --
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 $72,824 $7,084,000 $1,978,000 $5,106,000
2024 $36,591 $3,515,000 $2,094,000 $1,421,000
2023 $16,156 $1,411,000 $1,411,000 $0
2022 $14,764 $1,264,000 $1,264,000 $0
2021 $14,852 $1,264,000 $1,264,000 $0
2020 $14,612 $1,264,000 $1,264,000 $0
2019 $14,624 $1,264,000 $1,264,000 $0
2018 $12,870 $1,077,000 $1,077,000 $0
2017 $12,710 $1,078,000 $1,078,000 $0
2016 $12,528 $1,059,000 $1,059,000 $0
2015 $12,242 $1,059,000 $1,059,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72941878

MLS Property Information Network (MLS PIN)

APN: WELL-000114-000056