NOT LISTED FOR SALE

20 Malia Terrace Chestnut Hill, MA 02467

Chestnut Hill Neighborhood

Estimated Value: $4,982,251

8 Beds
7 Baths
7,066 Sq Ft
$705/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $2,845,000 $403 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $26,635/month

8 Days on Market

About This Home

As of June 2017

This elegantly updated home sits high in Chestnut Hill on a cul-de-sac overlooking the Chestnut Hill Reservoir, on a lushly landscaped acre plus lot with exquisite gardens and a sport court. It is under a half mile to the T, has a beautiful street presence & grand rooms ideally suited for entertaining. The 1st level has a massive living room with a bay window and fireplace, and a large dining room w/water views, a fireplace & doors to a covered porch. This level also has a lovely family room w/wainscoting, sun room, eat-it kitchen with an oversize butler's pantry, mudroom, laundry & 2 powder rooms. On the 2nd level is the master suite with 2 en suite baths & a 3 season porch w/water views. This level has 3-4 more beds, 2 sharing a Jack and Jill bath & one with an en suite. The 3rd level has a guest suite w/full bath& several more bedrooms. Partially finished, the lower level offers a playroom & walk-in vault. Central air on 1st/2nd levels; updated gas boiler; detached 3 car garage.

Last Agent to Sell the Property

Montgomery Carroll Group

Compass Listed on: 03/29/2017

Compass

Last Buyer's Agent

Matt Cloutier

Compass

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,889

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate, Renovated Since
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Bike Path, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Prog. Thermostat
  • Flooring: Wood
  • Interior Amenities: Security System, Cable Available, Walk-up Attic, French Doors
  • Basement: Full, Partially Finished
  • Bedroom 2: Second Floor, 12X15
  • Bedroom 3: Second Floor, 13X16
  • Bedroom 4: Second Floor, 15X18
  • Bedroom 5: Second Floor, 21X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 15X14
  • Laundry Room: First Floor, 9X12
  • Living Room: First Floor, 23X22
  • Master Bedroom: Second Floor, 21X15
  • Master Bedroom Description: Bathroom - Full, Closet - Linen, Closet - Walk-in, Closet, Flooring - Hardwood, Balcony / Deck
  • Dining Room: First Floor, 25X15
  • Family Room: First Floor, 14X15
  • No Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Oth1 Room Name: Sun Room
  • Oth1 Dimen: 13X10
  • Oth1 Dscrp: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Picture
  • Oth2 Room Name: Bedroom
  • Oth2 Dimen: 11X19
  • Oth2 Dscrp: Closet, Flooring - Hardwood
  • Oth3 Room Name: Bedroom
  • Oth3 Dimen: 16X12
  • Oth3 Dscrp: Closet, Flooring - Hardwood
  • Oth4 Room Name: Bathroom
  • Oth4 Dscrp: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Oth5 Room Name: Office
  • Oth5 Dimen: 11X16
  • Oth5 Dscrp: Closet, Flooring - Hardwood
  • Oth6 Room Name: Play Room
  • Oth6 Dimen: 33X22
  • Oth6 Dscrp: Fireplace, Flooring - Wall to Wall Carpet
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 7066.00

Exterior Features

  • Construction: Frame
  • Exterior: Brick
  • Exterior Features: Porch, Porch - Enclosed, Patio, Tennis Court, Gutters, Professional Landscaping, Sprinkler System
  • Foundation: Concrete Block
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling Zones: 2
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Bowen/Ward
  • Middle School: Oak Hill
  • High School: South

Lot Info

  • Zoning: SR1
  • Acre: 1.09
  • Lot Size: 47647.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Aug 9, 2017
Sold by
20 Malia Terrace Nt
Bought by
Patel Nirav and Patel Karin
Seller's Agent
Montgomery Carroll Group
Compass
Buyer's Agent
Matt Cloutier
Compass
List Price
$2,995,000
Sold Price
$2,845,000
Premium/Discount to List
-$150,000
-5.01%
Current Estimated Value
$4,982,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,137,251
Avg. Annual Appreciation
6.74%
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2013
Sold by
Falkson Peter J and Falkson Shannon
Bought by
Shannon Falkson Nt and Falkson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 20, 2013
Sold by
Falkson Peter J and Falkson Shannon
Bought by
Shannon Falkson Nt and Falkson

Purchase Details

Closed on
Jan 11, 2008
Sold by
Weed Amy S and Weed Richard B
Bought by
Weed Amy S

Purchase Details

Closed on
Dec 5, 2006
Sold by
Schmalensee Diane H and Schmalensee Richard L
Bought by
Weed Amy S and Weed Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1994
Sold by
Marcus William M and Marcus Cynthia S
Bought by
Schmalensee Richard L and Schmalensee Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.27%
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
Patel Nirav -- --
Patel Nirav -- --
Shannon Falkson Nt -- --
Shannon Falkson Nt -- --
Shannon Falkson Nt -- --
Shannon Falkson Nt -- --
Weed Amy S -- --
Weed Amy S -- --
Weed Amy S $2,380,000 --
Weed Amy S $2,380,000 --
Schmalensee Richard L $945,000 --
Schmalensee Richard L $945,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nirav $1,900,000
Closed Patel Nirav $500,000
Previous Owner 20 Malia Terrace Nt $1,900,000
Previous Owner Shannon Falkson Nt $1,500,000
Previous Owner Weed Amy S $1,500,000
Previous Owner Weed Amy S $500,000
Previous Owner Schmalensee Diane H $1,230,000
Previous Owner Marcus William M $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $2,845,000 -5.0% $403 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $2,995,000 +45.6% $424 / Sq Ft
05/08/2012 05/08/12 Sold $2,057,000 -7.6% $371 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $2,225,000 -- $402 / 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 $3,889 $396,800 $396,800 $0
2024 $3,760 $385,200 $344,800 $40,400
2023 $4,359 $428,200 $387,800 $40,400
2022 $4,331 $411,700 $372,900 $38,800
2021 $4,301 $399,700 $362,000 $37,700
2020 $4,173 $399,700 $362,000 $37,700
2019 $4,056 $388,100 $351,500 $36,600
2018 $13,700 $1,266,200 $1,229,600 $36,600
2017 $13,283 $1,194,500 $1,160,000 $34,500
2016 $13,197 $1,159,700 $1,126,200 $33,500
2015 $12,583 $1,083,800 $1,052,500 $31,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Montgomery Carroll Group

    Compass

    (617) 752-6845

    7 in this area

    201 Total Sales

    Montgomery Carroll Group
    Section Image

  • M

    Buyer's Agent in 2017

    Matt Cloutier

    Compass

    Section Image

  • P

    Seller's Agent in 2012

    Pam Shaw

    Hammond Residential Real Estate

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72137591

MLS Property Information Network (MLS PIN)

APN: NEWT-000063-000032-000015

Massachusetts Middlesex County Chestnut Hill 02467 Chestnut Hill

20 Malia Terrace, Chestnut Hill, MA

This home is located at 20 Malia Terrace, Chestnut Hill, MA 02467 since 29 March 2017 and is currently estimated at $4,982,251, approximately $705 per square foot. This property was built in 1915. 20 Malia Terrace is a home located in Middlesex County with nearby schools including Bowen School, Oak Hill Middle School, and Newton South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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