Seller's Agent in 2017
Team Tom Truong
eXp Realty
(617) 312-0838
48 Total Sales
502 Worcester St Wellesley Hills, MA 02481
Linden Square NeighborhoodEstimated Value: $1,587,000 - $2,269,596
6
Beds
2
Baths
3,577
Sq Ft
$500/Sq Ft
Est. Value
About This Home
As of March 2017Major Price Reduction. Now is the time to make your move. Large Victorian 2-family located in great neighborhood. Tenant helps pay your mortgage! Can be converted to a Single Family with 2 fireplaces, spiral staircase. Near highways, shopping & good schools. Needs New Roof & Paint & More. A+ Location. Amazing opportunity for an Owner Occupied with Rental income, Contractor, Flipper/Condo Conversioners to rehab, put on a large addition or build anew, Sits on a nice, level & conforming lot. A great commuter location. Rarely available in Wellesley! 5 minute walk to Wellesley Hills Train Station, near Linden St Shops- live on one floor & rent out the other. All utilities are separated. A great time to do upgrades and sell as two condos or rent them out. Plan for the future. Wellesley rentals are Far & Few between. What a golden opportunity to live in Wellesley & collect amazing rental income Or transform home to a single family. This property can be your cash cow retirement fund.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2016
Closed on
Mar 10, 2017
Sold by
Chont Brian and Chont Elaine
Bought by
Huang Zhong W and Zeng Ying
Seller's Agent
Team Tom Truong
eXp Realty
Buyer's Agent
Zhongyuan Zang
Uhomes Realty
List Price
$899,000
Sold Price
$863,000
Premium/Discount to List
-$36,000
-4%
Total Days on Market
122
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
$924,149
Avg. Annual Appreciation
9.25%
Original Mortgage
$604,100
Outstanding Balance
$507,170
Interest Rate
4.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,279,979
Purchase Details
Closed on
May 1, 1983
Bought by
Chont Brian and Chont Elaine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Zhong W | $863,000 | -- | |
| Chont Brian | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang Zhong W | $604,100 | |
| Previous Owner | Chont Brian | $246,000 | |
| Previous Owner | Chont Brian | $222,000 | |
| Previous Owner | Chont Brian | $167,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2017 03/10/17 | Sold | $863,000 | -4.0% | $241 / Sq Ft |
| 12/29/2016 12/29/16 | Pending | -- | -- | -- |
| 10/06/2016 10/06/16 | Price Changed | $899,000 | 0.0% | $251 / Sq Ft |
| 10/06/2016 10/06/16 | For Sale | $899,000 | -5.9% | $251 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 09/03/2016 09/03/16 | Price Changed | $955,000 | -4.5% | $267 / Sq Ft |
| 08/29/2016 08/29/16 | For Sale | $999,999 | -- | $280 / 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 | $16,006 | $1,557,000 | $800,000 | $757,000 |
| 2024 | $15,063 | $1,447,000 | $727,000 | $720,000 |
| 2023 | $12,927 | $1,129,000 | $558,000 | $571,000 |
| 2022 | $12,848 | $1,100,000 | $516,000 | $584,000 |
| 2021 | $12,667 | $1,078,000 | $494,000 | $584,000 |
| 2020 | $11,572 | $1,001,000 | $458,000 | $543,000 |
| 2019 | $10,691 | $924,000 | $438,000 | $486,000 |
| 2018 | $9,178 | $768,000 | $449,000 | $319,000 |
| 2017 | $8,170 | $693,000 | $449,000 | $244,000 |
| 2016 | $7,808 | $660,000 | $441,000 | $219,000 |
| 2015 | $6,867 | $594,000 | $390,000 | $204,000 |
Source: Public Records
Agents Affiliated with this Home
-
Team Tom Truong
-
Zhongyuan Zang
Z
Buyer's Agent in 2017
Zhongyuan Zang
Uhomes Realty
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72059461
APN: WELL-000085-000001
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