S
Seller's Agent in 2022
Sarah DeStefano
Belmont Homes Realty
(617) 901-2942
8 in this area
25 Total Sales
5 Sumner Ln Belmont, MA 02478
Belmont Hill NeighborhoodEstimated Value: $5,273,893 - $6,769,000
6
Beds
7
Baths
8,708
Sq Ft
$701/Sq Ft
Est. Value
Highlights
- City View
- Colonial Architecture
- Property is near public transit
- Winn Brook Elementary School Rated A+
- Landscaped Professionally
- Wood Flooring
About This Home
As of March 2022Breathtaking luxury home perched above town in one of the most coveted exclusive Belmont Hill neighborhoods. Enter through the granite posts to a private new road featuring rolling lawns, massive old trees, and classic newer homes all thoughtfully placed around one of Belmont's Grand Estates. Enter to a spacious foyer with 10' ceilings, fantastic open sight lines and abundant natural light. Entertainment sized sprawling contemporary high-end chef's kitchen and family room with outdoor access to patio and fenced yard. The main level also offers elegant formal rooms, a wet bar pantry, a generous first floor guest suite, a library, 2 lavs, and a skylit mud room. Upstairs there are 5 bedrooms, 4 baths, great closets and a sun drenched landing with beautiful views. An open 3rd floor with city views, a lower level fitness room, separate entrance skylit studio, 3 car garage with car charger, Sonos and more. All this is a short walk to town, trails and schools and 3 miles to Harvard Square.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,306
Year Built
- Built in 2016
Lot Details
- 0.64 Acre Lot
- Property fronts a private road
- Near Conservation Area
- Fenced
- Landscaped Professionally
- Irregular Lot
- Sprinkler System
- Property is zoned SA
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 8,708 Sq Ft Home
- Wet Bar
- Central Vacuum
- Wired For Sound
- 2 Fireplaces
- Insulated Windows
- Window Screens
- French Doors
- Insulated Doors
- Mud Room
- Library
- Bonus Room
- Wood Flooring
- City Views
- Home Security System
Kitchen
- Indoor Grill
- Range Hood
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Wine Refrigerator
- ENERGY STAR Range
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
Laundry
- Laundry on upper level
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
Eco-Friendly Details
- Energy-Efficient Thermostat
- Whole House Vacuum System
Outdoor Features
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- SEER Rated 13+ Air Conditioning Units
- 3+ Cooling Systems Mounted To A Wall/Window
- Central Air
- 7 Cooling Zones
- 7 Heating Zones
- Heating System Uses Natural Gas
- Hydro-Air Heating System
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:57 P:000021 S:E,4936211
Community Details
Amenities
- Shops
Recreation
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2021
Closed on
Feb 28, 2022
Sold by
5 Sumner Lane Rt
Bought by
5 Sumner Belmont Rt
Seller's Agent
Sarah DeStefano
Belmont Homes Realty
Buyer's Agent
Sarah DeStefano
Belmont Homes Realty
List Price
$6,200,000
Sold Price
$5,400,000
Premium/Discount to List
-$800,000
-12.9%
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
$700,223
Avg. Annual Appreciation
3.81%
Purchase Details
Closed on
Jun 15, 2017
Sold by
Concord Estates Llc
Bought by
5 Sumner Lane Rt
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5 Sumner Belmont Rt | $5,400,000 | None Available | |
| 5 Sumner Lane Rt | $3,750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Five Sumner Belmont Rt | $1,500,000 | |
| Previous Owner | Concord Estates Llc | $2,000,000 | |
| Previous Owner | Concord Estates Llc | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2022 03/03/22 | Sold | $5,400,000 | -12.9% | $620 / Sq Ft |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $6,200,000 | -- | $712 / 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 | $67,030 | $5,885,000 | $1,133,000 | $4,752,000 |
| 2024 | $52,694 | $4,990,000 | $1,244,000 | $3,746,000 |
| 2023 | $57,998 | $5,160,000 | $1,174,000 | $3,986,000 |
| 2022 | $55,372 | $4,790,000 | $1,074,000 | $3,716,000 |
| 2021 | $48,306 | $4,186,000 | $1,079,000 | $3,107,000 |
| 2020 | $45,771 | $4,161,000 | $1,054,000 | $3,107,000 |
| 2019 | $43,016 | $3,686,000 | $778,000 | $2,908,000 |
| 2018 | $37,823 | $3,113,000 | $736,000 | $2,377,000 |
| 2017 | $8,566 | $675,000 | $675,000 | $0 |
| 2016 | $8,478 | $675,000 | $675,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah DeStefano
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72915719
APN: BELM-000057-000000-000021-E000000
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