NOT LISTED FOR SALE

Estimated Value: $1,626,000 - $2,975,000

7 Beds
4 Baths
4,651 Sq Ft
$449/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $1,715,000 $369 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,802/month

31 Days on Market

About This Home

As of May 2021

One of the most interesting and timely opportunities in Wellesley! 2 individual abutting properties being sold together. One parcel has a 2 family home with rental incomes and the other is a single family home. The 2 family is 59 Pleasant on a 10,000 sq ft lot with 2780 sq ft of living space. 12 rooms, 4 beds and 2 full baths. Built in 1890. There is one unit on the 1rst floor and another on the 2nd & 3rd floor with common space for storage in the lower level. The units have been very well maintained but not newly renovated. The single family is 57 Pleasant on a 12,200 sq ft lot with 1871 sq ft of living space. 7 rooms, 3 beds and 2 full baths. Built in 1960. Finished space in lower level and 1 car garage. This is a fabulous location! Just a short distance to the train, Wellesley center, Linden Street shops, Sprague School and access to the city. Opportunities like this are very hard to find!

Last Agent to Sell the Property

Melissa Dailey

Coldwell Banker Realty - Wellesley Listed on: 01/29/2021

Coldwell Banker Realty - Wellesley

Last Buyer's Agent

Joseph Fleming

JT Fleming & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,282

Year Built

  • Built in 1960

Lot Details

  • Year Round Access

Parking

  • 1 Car Garage

Schools

  • WHS High School

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,282

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 376.05
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1960

Interior Features

  • Fireplaces: 1
  • Total Flrs: 4
  • Total Frplcs: 1
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 19
  • Basement: Y
  • Main Lo: AN6181
  • Main So: NB1231
  • Estimated Sq Ft: 4651.00

Exterior Features

  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Wellesley
  • Middle School: WMS
  • High School: WHS

Lot Info

  • Assessments: 1854000.00
  • Acre: 0.51
  • Lot Size: 22200.00
  • Page: 000
  • Zoning: SR 10
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 6
  • Total Rms: 19
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 21784.50
  • Tax Year: 2021

MLS Schools

  • Grade School: Wellesley
  • High School: WHS
  • Middle School: WMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 13, 2021
Sold by
Olmedi Rt
Bought by
Pleasant Fleming Llc
Seller's Agent
Melissa Dailey
Coldwell Banker Realty - Wellesley
Buyer's Agent
Joseph Fleming
JT Fleming & Company
List Price
$1,795,000
Sold Price
$1,715,000
Premium/Discount to List
-$80,000
-4.46%
Total Days on Market
31
Current Estimated Value
$2,089,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,328
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,337,700
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2014
Sold by
Olmedi Anthony P and Olmedi Elizabeth
Bought by
Olmedi Rt

Purchase Details

Closed on
Sep 6, 1996
Sold by
Olmedi Tr Gina M
Bought by
Olmedi Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
7.83%
Source: Public Records

Range of Values:

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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
Pleasant Fleming Llc $1,715,000 None Available
Olmedi Rt -- --
Olmedi Anthony P $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pleasant Fleming Llc $1,300,000
Closed Pleasant Fleming Llc $1,337,700
Previous Owner Olmedi Elizabeth $200,000
Previous Owner Olmedi Anthony P $133,200
Previous Owner Olmedi Anthony P $138,800
Previous Owner Olmedi Anthony P $138,800
Previous Owner Olmedi Anthony P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $1,715,000 -1.9% $369 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $1,749,000 -2.6% $376 / Sq Ft
02/11/2021 02/11/21 For Sale $1,795,000 0.0% $386 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,795,000 -- $386 / 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 $13,282 $1,292,000 $1,029,000 $263,000
2024 $12,419 $1,193,000 $936,000 $257,000
2023 $12,183 $1,064,000 $829,000 $235,000
2022 $11,213 $960,000 $712,000 $248,000
2021 $10,916 $929,000 $681,000 $248,000
2020 $10,739 $929,000 $681,000 $248,000
2019 $10,390 $898,000 $650,000 $248,000
2018 $9,847 $824,000 $630,000 $194,000
2017 $9,727 $825,000 $631,000 $194,000
2016 $9,559 $808,000 $620,000 $188,000
2015 $9,017 $780,000 $590,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72780234

MLS Property Information Network (MLS PIN)

APN: WELL-000135-000039