NOT LISTED FOR SALE

5 Garrison Rd Wellesley, MA 02482

Estimated Value: $1,238,532 - $1,406,000

3 Beds
1.5 Baths
2,016 Sq Ft
$675/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $789,000 $391 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,041/month

Highlights

  • Property is near public transit and schools
  • 2 Fireplaces
  • Cooling Available
  • Katharine Lee Bates Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of April 2024

AVAIL NOW! Beautiful Wellesley single family house offers 3beds/1.5baths/2 bonus rooms in finished basement/1 car garage parking/4 off street parkings! This home has a perfect layout w/ gleaming hardwood flooring throughout, living room, formal dining, half bath, modern eat in kitchen w/ ample cabinets, skylights, recessed lightings, gas cooking, double ovens, highend appliances (Sub-zero refrigerator, Viking cooking top, and Bosch dishwasher) which leads to the gorgeous private yard w/patio, charming garden & wood pergola. 2nd floor has 3 good size bedrooms, a full bath & central air (2nd floor only). Basement is partially finished w/ 2 bonus rooms, in unit laundry & extra storage. Home is run on gas heat. Rent includes attached 1 car garage w/ 4 off st parkings. Tenants pay all utilities. This well maintained home has easy access to Rt 9, Wellesley town center, commuter rail, Natick Mall, Bates Elementary, Perrin Park, Fells Market, library and Morses Pond Beach.

Last Agent to Rent the Property

Bonnie Lai

RE/MAX Real Estate Center Listed on: 03/11/2024

RE/MAX Real Estate Center

Last Renter's Agent

The Collective

Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,520

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,016 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Patio
  • 6,520 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Security Deposit $4,950
  • Rent includes laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 264448

Community Details

Recreation

  • Park

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4950

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Entry Level: 1
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Master Bathroom Features: No
  • Laundry Features: In Unit
  • Living Area: 2016
  • Spa YN: No
  • MAIN LO: BB0125
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating: Natural Gas, Hot Water
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Rent Includes: Laundry Facilities, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 264448
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6520
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
May 19, 2014
Sold by
Cava Frank P and Campbell Colleen P
Bought by
Li Yanling and Tian Ying
Seller's Agent
Kathy Kelley
Berkshire Hathaway HomeServices Town and Country Real Estate
Buyer's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
List Price
$799,000
Sold Price
$789,000
Premium/Discount to List
-$10,000
-1.25%
Current Estimated Value
$1,361,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,383
Avg. Annual Appreciation
4.80%
Original Mortgage
$631,200
Outstanding Balance
$456,008
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$905,375

Purchase Details

Closed on
Mar 14, 2014
Sold by
Campbell Colleen P and Cava Frank P
Bought by
Campbell Colleen P and Cava Frank P

Purchase Details

Closed on
Oct 22, 2009
Sold by
Campbell Colleen P
Bought by
Cava Frank P and Ratey Jessica

Purchase Details

Closed on
Jun 28, 2002
Sold by
Kornfeld Hardy
Bought by
Campbell Colleen P

Purchase Details

Closed on
Feb 16, 1996
Sold by
Jameson Philip P and Jameson Ann C
Bought by
Kornfeld Hardy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.99%
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
Li Yanling $789,000 --
Campbell Colleen P -- --
Cava Frank P -- --
Campbell Colleen P $640,000 --
Kornfeld Hardy $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yanling $631,200
Previous Owner Kornfeld Hardy $240,000
Previous Owner Kornfeld Hardy $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Rented $5,000 +1.0% --
03/25/2024 03/25/24 Under Contract -- -- --
03/11/2024 03/11/24 For Rent $4,950 +3.1% --
01/17/2023 01/17/23 Rented $4,800 0.0% --
12/27/2022 12/27/22 Under Contract -- -- --
12/01/2022 12/01/22 For Rent $4,800 +20.0% --
08/04/2020 08/04/20 Rented $4,000 0.0% --
07/28/2020 07/28/20 Price Changed $4,000 -7.0% $2 / Sq Ft
07/21/2020 07/21/20 Price Changed $4,300 -4.4% $2 / Sq Ft
06/28/2020 06/28/20 For Rent $4,500 +5.9% --
08/08/2018 08/08/18 Rented $4,250 -5.6% --
07/31/2018 07/31/18 Price Changed $4,500 -18.2% $2 / Sq Ft
07/06/2018 07/06/18 For Rent $5,500 0.0% --
05/19/2014 05/19/14 Sold $789,000 -1.3% $470 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $799,000 -- $476 / 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 $11,164 $1,086,000 $866,000 $220,000
2024 $10,400 $999,000 $784,000 $215,000
2023 $9,996 $873,000 $701,000 $172,000
2022 $9,216 $789,000 $546,000 $243,000
2021 $9,271 $789,000 $546,000 $243,000
2020 $9,121 $789,000 $546,000 $243,000
2019 $9,129 $789,000 $546,000 $243,000
2018 $8,377 $701,000 $519,000 $182,000
2017 $8,265 $701,000 $519,000 $182,000
2016 $8,115 $686,000 $510,000 $176,000
2015 $7,445 $644,000 $465,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73210950

MLS Property Information Network (MLS PIN)

APN: WELL-000181-000045