NOT LISTED FOR SALE

4 Wellesley Ave Natick, MA 01760

Estimated Value: $975,000 - $1,363,026

2 Beds
2 Baths
1,652 Sq Ft
$706/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $400,000 $242 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $7,206/month

210 Days on Market

About This Home

As of October 2017

Unique property that is zoned for both residential and commercial II use. A two story Gambrel/Dutch colonial just off RT. 9. The right half of the building is currently rented as a business office. The left half of the building has a kitchen and living room on the first floor with a large deck off the back of the building. There are two bedrooms and a bath on the second floor. The full basement offers storage and laundry. The heat/AC and electric have been updated to provide separate controls for billing. The roof was just replaced in November 2016. Both sides have tenants. A great opportunity for owner occupied business or investor.

Last Agent to Sell the Property

Kathleen Hughto

Rutledge Properties Listed on: 02/01/2017

Last Buyer's Agent

Beth Chandler

Engel & Völkers Wellesley

Engel & Völkers Wellesley

Home Details

Home Type

Single Family

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Gambrel /Dutch
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School
  • Flooring: Wood, Tile
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Oth1 Room Name: Home Office-Separate Entry
  • Main Lo: BB3820
  • Main So: M59500
  • Estimated Sq Ft: 1652.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:00000021 P:00000295
  • Zoning: COM II
  • Acre: 0.14
  • Lot Size: 6098.00

Multi Family

  • Foundation: irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2014
Sold by
Pinnacle Dev Grp Llc
Bought by
Lafrance Danny and Proulx-Lafrance Caroline
Current Estimated Value
$1,166,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$347,100
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$818,907

Purchase Details

Closed on
May 19, 2008
Sold by
Aspen Rt
Bought by
Pinnacle Capital Grp L

Purchase Details

Closed on
Sep 21, 2000
Sold by
Garvey Kyle P and Sprague Gayle M
Bought by
Aspen Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1994
Sold by
Zanchi Victoria
Bought by
Garvey Kyle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lafrance Danny $580,000 --
Pinnacle Capital Grp L -- --
Aspen Rt $225,000 --
Garvey Kyle P $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafrance Danny $464,000
Previous Owner Garvey Kyle P $289,000
Previous Owner Garvey Kyle P $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $400,000 -5.9% $242 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $425,000 0.0% $257 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $425,000 -- $257 / 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 $14,033 $1,173,300 $437,700 $735,600
2024 $13,724 $1,119,400 $412,000 $707,400
2023 $13,085 $1,035,200 $395,400 $639,800
2022 $12,944 $970,300 $358,400 $611,900
2021 $12,472 $916,400 $337,900 $578,500
2020 $11,945 $877,700 $322,500 $555,200
2019 $11,861 $933,200 $322,500 $610,700
2018 $10,377 $795,200 $307,200 $488,000
2017 $10,027 $743,300 $264,000 $479,300
2016 $9,743 $718,000 $243,000 $475,000
2015 $9,370 $678,000 $243,000 $435,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72114767

MLS Property Information Network (MLS PIN)

APN: NATI-000040-000000-000089