31 Fells Rd Wellesley, MA 02482
Fells NeighborhoodEstimated Value: $1,420,000 - $1,759,000
5
Beds
2
Baths
2,600
Sq Ft
$596/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Attic
- Enclosed patio or porch
- John D. Hardy Elementary School Rated A+
- Fenced Yard
- 3-minute walk to MacKinnon Park
About This Home
As of December 2020This 4-5 bedroom home is in a fabulous location w/an incredibly flexible floor plan. White kitchen w/ breakfast bar opens into dining area. Family/living room w/ fireplace & large bay window overlooking front yard w/ the most beautiful weeping cherry tree. Heated sunroom off back of the home is filled w/windows & provides great access to the fenced-in flat yard. Second floor w/ 3 bedrooms & full bath. Oversized 3rd floor perfect for office/ additional bedroom plus a huge unfinished space for future expansion. Mud area off of attached garage. Ground level w/ additional guest/ au pair w/ private bed/bath or can be a home office. Lower level w/ playroom, laundry & large storage area. This home is just a short distance to Wellesley Square, Fells Market, Hardy School & playground, and Morses Pond. Easy access to Wellesley trails with a wooded path to Wellesley Center to enjoy the shops, coffee & restaurants. Enjoy living in this block party neighborhood! Showings begin at OH Sat 11-12:30.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,812
Year Built
- Built in 1958
Lot Details
- Year Round Access
- Fenced Yard
- Property is zoned SR10
Parking
- 2 Car Garage
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Schools
- WHS High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Oil
- Oil Water Heater
Additional Features
- Wood Flooring
- Enclosed patio or porch
- Attic
- Basement
Listing and Financial Details
- Assessor Parcel Number M:182 R:052 S:
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2020
Closed on
Nov 30, 2020
Sold by
Scharmer Eric and Scharmer Isabel
Bought by
Xin Jiang and Lee Yolanda
Seller's Agent
Melissa Dailey
Coldwell Banker Realty - Wellesley
Buyer's Agent
Dan Wu
MLJ Real Estate Service LLC
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,321
Avg. Annual Appreciation
6.19%
Original Mortgage
$115,000
Outstanding Balance
$99,339
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,401,133
Purchase Details
Closed on
Jun 20, 2005
Sold by
Fincl Cendant Mobility
Bought by
Scharmer Eric and Scharmer Isabel
Purchase Details
Closed on
Feb 4, 2000
Sold by
Christopher John and Christopher Carol A
Bought by
Sheehan Eugene C and Sheehan Elizabeth A
Purchase Details
Closed on
May 28, 1993
Sold by
Krech Fred W and Krech Joan P
Bought by
Christopher John and Christopher Carol A
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xin Jiang | $1,150,000 | None Available | |
| Scharmer Eric | $842,000 | -- | |
| Cendant Mobilit Fncl C | $842,000 | -- | |
| Christopher John | $290,000 | -- | |
| Scharmer Eric | $842,000 | -- | |
| Sheehan Eugene C | $540,000 | -- | |
| Christopher John | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xin Jiang | $115,000 | |
| Open | Xin Jiang | $920,000 | |
| Closed | Xin Jiang | $920,000 | |
| Previous Owner | Scharmer Eric | $467,000 | |
| Previous Owner | Scharmer Isabel | $340,000 | |
| Previous Owner | Scharmer Isabel R | $155,000 | |
| Previous Owner | Krech Fred W | $410,000 | |
| Previous Owner | Krech Fred W | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2020 12/17/20 | Sold | $1,150,000 | -3.8% | $442 / Sq Ft |
| 11/03/2020 11/03/20 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $1,195,000 | -- | $460 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $11,812 | $1,149,000 | $989,000 | $160,000 |
| 2024 | $10,983 | $1,055,000 | $899,000 | $156,000 |
| 2023 | $10,420 | $910,000 | $797,000 | $113,000 |
| 2022 | $10,605 | $908,000 | $684,000 | $224,000 |
| 2021 | $10,105 | $860,000 | $654,000 | $206,000 |
| 2020 | $9,942 | $860,000 | $654,000 | $206,000 |
| 2019 | $9,603 | $830,000 | $624,000 | $206,000 |
| 2018 | $9,333 | $781,000 | $620,000 | $161,000 |
| 2017 | $9,208 | $781,000 | $620,000 | $161,000 |
| 2016 | $9,050 | $765,000 | $609,000 | $156,000 |
| 2015 | $8,497 | $735,000 | $580,000 | $155,000 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Dailey
Seller's Agent in 2020
Melissa Dailey
Coldwell Banker Realty - Wellesley
(781) 237-9090
30 in this area
368 Total Sales
-
D
Buyer's Agent in 2020
Dan Wu
MLJ Real Estate Service LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72749900
APN: WELL-000182-000052
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