45 Chestnut St Wellesley Hills, MA 02481
Wellesley Farms NeighborhoodEstimated Value: $3,731,000 - $4,552,000
5
Beds
5.5
Baths
6,015
Sq Ft
$677/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Living Room with Fireplace
- Sprague Elementary School Rated A
- Property is near public transit
- 4-minute walk to Brown Park
About This Home
As of June 2021Magnificent Wellesley Farms 1930’s Brick Colonial is brimming with warmth and character. With only two owners in it's history, this home has been meticulously cared for, expanded and rejuvenated with amazing attention to detail and fine workmanship. Gracious foyer, elegant living and dining rooms, full wet bar butler’s pantry and the most gorgeous mahogany library imaginable. Casual areas are also amazing with swoon-worthy white marble kitchen with conservatory-like breakfast room and a family room ample enough for any size gathering with multiple sets of French doors to let the outdoors in. A dreamy master suite and 4 additional bedrooms on 2nd floor. Amazing third floor has a private and fully outfitted WFH office and a bonus room. First floor guest suite. Extensive gardens, patios, and exquisite hardscaping embrace this stately and gracious home. Short walk to commuter rail and shops.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,764
Year Built
- Built in 1933
Lot Details
- 0.58 Acre Lot
- Landscaped Professionally
- Corner Lot
- Sprinkler System
- Property is zoned SR20
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,015 Sq Ft Home
- Wet Bar
- Coffered Ceiling
- Skylights
- Decorative Lighting
- French Doors
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Home Office
- Library
- Wood Flooring
- Home Security System
Kitchen
- Breakfast Bar
- Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Cedar Closet
- Walk-In Closet
- Dressing Area
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Wps Elementary School
- WMS Middle School
- WHS High School
Utilities
- Forced Air Heating and Cooling System
- 7 Cooling Zones
- 7 Heating Zones
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:084 R:052 S:,259815
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- Wellesley Farms Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
Mankiw Nicholas G and Mankiw Deborah R
Bought by
Hahnfeldt Philip J and Hlatky Lynn
Seller's Agent
Christine Lawrence
Rutledge Properties
Buyer's Agent
Prudence Hay
Rutledge Properties
List Price
$2,875,000
Sold Price
$3,438,000
Premium/Discount to List
$563,000
19.58%
Total Days on Market
1
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
$633,735
Avg. Annual Appreciation
5.00%
Purchase Details
Closed on
Oct 28, 1987
Sold by
Adams Iii Tr Alfred
Bought by
Mankiw Nicholas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Wellesley Hills, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hahnfeldt Philip J | $3,438,000 | None Available | |
| Mankiw Nicholas G | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mankiw Nicholas G | $1,000,000 | |
| Previous Owner | Mankiw Deborah R | $1,000,000 | |
| Previous Owner | Mankiw Deborah R | $500,000 | |
| Previous Owner | Mankiw Nicholas G | $1,000,001 | |
| Previous Owner | Mankiw Nicholas G | $581,000 | |
| Previous Owner | Mankiw Nicholas G | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2021 06/21/21 | Sold | $3,438,000 | +19.6% | $572 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/20/2021 04/20/21 | For Sale | $2,875,000 | -- | $478 / 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 | $36,114 | $3,513,000 | $1,449,000 | $2,064,000 |
| 2024 | $33,999 | $3,266,000 | $1,260,000 | $2,006,000 |
| 2023 | $33,640 | $2,938,000 | $1,117,000 | $1,821,000 |
| 2022 | $29,270 | $2,506,000 | $1,000,000 | $1,506,000 |
| 2021 | $28,764 | $2,448,000 | $959,000 | $1,489,000 |
| 2020 | $25,513 | $2,207,000 | $959,000 | $1,248,000 |
| 2019 | $25,535 | $2,207,000 | $959,000 | $1,248,000 |
| 2018 | $23,518 | $1,968,000 | $898,000 | $1,070,000 |
| 2017 | $23,191 | $1,967,000 | $897,000 | $1,070,000 |
| 2016 | $23,908 | $2,021,000 | $882,000 | $1,139,000 |
| 2015 | $22,218 | $1,922,000 | $883,000 | $1,039,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Lawrence
Seller's Agent in 2021
Christine Lawrence
Rutledge Properties
(781) 820-1336
13 in this area
114 Total Sales
-
Prudence Hay
Buyer's Agent in 2021
Prudence Hay
Rutledge Properties
(617) 281-2318
7 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72817332
APN: WELL-000084-000052
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