NOT LISTED FOR SALE

Estimated Value: $700,000 - $712,000

4 Beds
2 Baths
1,642 Sq Ft
$429/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $540,000 $329 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,211/month

5 Days on Market

Highlights

  • Open Floorplan
  • Bay Window
  • Recessed Lighting
  • Stainless Steel Appliances
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of November 2021

5 Wellesley Road is ready for new owners! This spacious 4 bedroom, 2 bath ranch located in Raymond Farms has been home to one family for 60 years. Offering an open floor plan consisting of an expansive fire-placed living room, dining area and kitchen. A slider just off the living room opens onto a sunny three season room with skylights and overlooks the yard. It makes for the perfect place to end or greet your day. Spacious mudroom with laundry, over-sized storage room, large pantry, plus a pull down attic offer endless storage options! A manageable back yard with shed is fabulous for gardening or play. Centrally located to Crosby’s Market, Beverly Golf and Tennis, shopping, dining, highways, vibrant downtown Beverly and even the beaches. Fall in love with putting your design spin and updating touches to make it your own. Easy to show! Open houses: Saturday and Sunday: October 2nd and 3rd from 10-Noon.

Last Agent to Sell the Property

Maura Allard

Leading Edge Real Estate Listed on: 09/29/2021

Last Buyer's Agent

Michael Shea

Shea Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • 0.25

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Exterior Basement Entry
  • Stainless Steel Appliances

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Separate Shower

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Architectural Style: Ranch
  • Directions: Follow Colgate Rd then turn onto Wellesley Rd.
  • Garage Yn: No
  • Green Power: Solar
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Closet, Flooring - Vinyl
  • Room Bedroom3 Features: Closet, Flooring - Vinyl
  • Room Bedroom3 Level: Main
  • Room Bedroom4 Level: Main
  • Room Bedroom4 Features: Closet, Flooring - Vinyl
  • Room Master Bedroom Features: Bathroom - 3/4, Closet, Flooring - Vinyl
  • Room Master Bedroom Level: Main
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 2 Features: Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Room Dining Room Level: First
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Stainless Steel Appliances
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Slider
  • MAIN LO: C95098
  • MAIN SO: AN5627
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Flooring - Laminate
  • Interior Amenities: Sun Room, Internet Available - Broadband
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Slab
  • Construction Type: Frame
  • Disclosures: Property Is Being Sold As Is. Solar Panel Lease To Transfer To New Owners. Oil Spill Leak (Not Underground Tank) Which Was Fully Cleaned And Seller Has Copy Of Paperwork. New Oil Tank Was Installed.
  • Lot Features: Level
  • Patio And Porch Features: Porch - Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Baseboard, Oil
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Flooring - Laminate, Main Level, Electric Dryer Hookup, Washer Hookup, First Floor
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University

Schools

  • Middle Or Junior School: Bms

Lot Info

  • LOT SIZE: 10800
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10890
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 5372
  • Tax Block: 0027
  • Tax Book Number: 22059
  • Tax Map Number: 0040
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 5, 2021
Sold by
5 Wellesley Road Rt 2 and Allen
Bought by
Spencer Jessica
Seller's Agent
Maura Allard
Leading Edge Real Estate
Buyer's Agent
Michael Shea
Shea Real Estate
List Price
$499,000
Sold Price
$540,000
Premium/Discount to List
$41,000
8.22%
Current Estimated Value
$704,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,416
Avg. Annual Appreciation
6.29%
Original Mortgage
$432,000
Outstanding Balance
$391,853
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,563
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Spencer Jessica $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Jessica $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $540,000 +8.2% $329 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $499,000 -- $304 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,537 $594,800 $410,200 $184,600
2024 $6,266 $558,000 $375,900 $182,100
2023 $5,830 $517,800 $335,800 $182,000
2022 $5,814 $477,700 $295,700 $182,000
2021 $5,372 $423,000 $253,800 $169,200
2020 $5,133 $400,100 $230,900 $169,200
2019 $4,995 $378,100 $219,400 $158,700
2018 $4,749 $349,200 $206,100 $143,100
2017 $4,441 $311,000 $167,900 $143,100
2016 $4,255 $295,700 $152,600 $143,100
2015 $4,172 $295,700 $152,600 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901479

MLS Property Information Network (MLS PIN)

APN: BEVE M:0040 B:0027 L:

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