NOT LISTED FOR SALE

Estimated Value: $1,442,000 - $1,829,000

6 Beds
4 Baths
3,351 Sq Ft
$507/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $1,275,000 $380 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,257/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • Schofield Elementary School Rated A

About This Home

As of September 2020

This spacious multi-family home features 2 units & 3 levels of living space w/ high ceilings & oversized rooms flowing w/ natural light. Unit 1 boasts a large chef's kitchen w/ Thermador Range, Sub Zero Refrigerator, custom cabinetry, granite countertops & eat-in dining area. A formal dining room w/ gleaming hardwoods extends to the warm & inviting family room & office. The 2nd floor has a large master bedroom w/ private bath, 2nd bedroom & full bath. The 3rd floor contains 2 additional bedrooms. Unit 2 has 2 levels of living space, an updated kitchen w/ granite countertops, custom cabinetry, tile flooring & recessed lighting. A comfortable living room & full bath complete the first level. The 2nd floor contains 2 bedrooms & family room w/ large closet. Each unit has their own private entry, separate lush & private fenced-in outdoor space & separate laundry areas. What a great neighborhood & very convenient location close to the commuter rail & all that Wellesley Hills has to offer!

Last Agent to Sell the Property

John Popp

Keller Williams Boston MetroWest Listed on: 07/07/2020

Keller Williams Boston MetroWest

Co-Listed By

Michael Jennings

Keller Williams Boston MetroWest

Last Buyer's Agent

Debbie Adamidis

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,927

Year Built

  • Built in 1885

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Tile

Outdoor Features

  • Patio

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:053 R:014 S:

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,927

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 2504
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 402.86
  • Comp Based On: Net Sale Price
  • Year Built: 1885
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Varies Per Unit, Hardwood
  • Total Flrs: 2
  • Total Frplcs: 1
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Main Lo: AN5720
  • Main So: BB5522
  • Estimated Sq Ft: 3351.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Wood
  • Exterior Features: Patio, Fenced Yard, Varies per Unit
  • Foundation: Fieldstone
  • Foundation Size: 9999999

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 2202
  • Electric Features: Circuit Breakers, Common
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School, University

Schools

  • Elementary School: Schofield
  • Middle School: Wellesley MS
  • High School: Wellesley HS

Lot Info

  • Assessments: 1074000.00
  • Acre: 0.26
  • Lot Size: 11531.00
  • Page: 131
  • Parcel Number: M:053 R:014 S:
  • Zoning: SR10
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 5
  • Total Rent: 7750
  • Total Rms: 15
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 12415.00
  • Assessor Parcel Number: 258517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 12, 2020
Sold by
2 Elm Wellesley Llc
Bought by
565 66 Llc
Seller's Agent
John Popp
Keller Williams Boston MetroWest
Buyer's Agent
Debbie Adamidis
Keller Williams Realty Boston-Metro | Back Bay
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%
Total Days on Market
8
Current Estimated Value
$1,698,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,393
Avg. Annual Appreciation
6.21%
Original Mortgage
$828,750
Outstanding Balance
$741,743
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$956,650

Purchase Details

Listed on
Aug 29, 2018
Closed on
Nov 6, 2018
Sold by
Investm Stoughton Note
Bought by
E Elm Wellesley Llc
Seller's Agent
Jonathan Batchelder
Wallace Property Company
Buyer's Agent
John Popp
Keller Williams Boston MetroWest
List Price
$1,199,000
Sold Price
$1,074,000
Premium/Discount to List
-$125,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Sep 8, 2017
Sold by
2 Elm Street Rt
Bought by
Investm Stoughton Note

Purchase Details

Closed on
Apr 19, 2017
Sold by
Sharma Dave
Bought by
2 Elm Street Rt and Wallace Robert V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2004
Sold by
Coates Edward O and Coates Mary-Louise
Bought by
Sharma Dave and Sharma Satvinder D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,580
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1992
Sold by
Oleary Thomas F and Oleary Frances P
Bought by
Coates Edward O and Coates Mary L T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
565 66 Llc $1,275,000 None Available
E Elm Wellesley Llc $1,074,000 --
Investm Stoughton Note $885,000 --
2 Elm Street Rt $850,000 --
Sharma Dave $835,725 --
Coates Edward O $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 565 66 Llc $828,750
Previous Owner 2 Elm Wellesley Llc $859,000
Previous Owner 2 Elm Street Rt $450,000
Previous Owner 2 Elm Street Rt $200,000
Previous Owner Sharma Dave $668,580
Previous Owner Sharma Dave $167,145
Previous Owner Oleary Thomas F $203,000
Previous Owner Oleary Thomas F $240,000
Previous Owner Oleary Thomas F $239,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $1,275,000 -5.6% $380 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,350,000 +25.7% $403 / Sq Ft
11/05/2018 11/05/18 Sold $1,074,000 -6.5% $321 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $1,149,000 -4.2% $343 / Sq Ft
08/29/2018 08/29/18 For Sale $1,199,000 -- $358 / 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 $14,927 $1,452,000 $825,000 $627,000
2024 $14,064 $1,351,000 $747,000 $604,000
2023 $12,377 $1,081,000 $628,000 $453,000
2022 $14,238 $1,219,000 $633,000 $586,000
2021 $13,677 $1,164,000 $578,000 $586,000
2020 $12,415 $1,074,000 $578,000 $496,000
2019 $10,668 $922,000 $546,000 $376,000
2018 $11,974 $1,002,000 $609,000 $393,000
2017 $11,825 $1,003,000 $610,000 $393,000
2016 $11,664 $986,000 $599,000 $387,000
2015 $11,410 $987,000 $599,000 $388,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72686646

MLS Property Information Network (MLS PIN)

APN: WELL-000053-000014