NOT LISTED FOR SALE

60 Cartwright Rd Wellesley, MA 02482

Estimated Value: $3,366,000 - $4,513,000

1.95 Acres
$2,010,985 Price per Acre
84,942 Sq Ft Lot

Last Sold October 24, 2014

Last sale price $2,375,000 $1,169 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $25,186/month

11 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Wetlands on Lot
  • Hunnewell Elementary School Rated A+
  • Property is near public transit
  • No HOA

About This Lot

As of October 2014

Magnificent opportunity to build your dream home on a gorgeous, nearly two-acre pastoral parcel with 284' of frontage. The land is clear and open yet bordered by a private, forested backdrop. Located on one of Wellesley's scenic and peaceful roads in desirable Dana Hall neighborhood. This bucolic acreage, complete with picturesque barn, is truly unique. Close to walking trails, Dana Hall, Tenacre, town. POTENTIAL FOR TWO GENEROUS LOTS.

Last Agent to Sell the Property

Susan Lyman

Douglas Elliman Real Estate - Wellesley Listed on: 04/10/2014

Douglas Elliman Real Estate - Wellesley

Co-Listed By

Teri Adler

MGS Group Real Estate LTD - Wellesley

Last Buyer's Agent

FLEMING WALSH TEAM

JT Fleming & Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,860

Year Built

  • 1900

Lot Details

  • 1.95 Acre Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot
  • Property is zoned SRD 20

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hunnewell Elementary School
  • WMS Middle School
  • Wellesley High School

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number M:091 R:031 S:,260241

Community Details

Recreation

  • Golf Course Community
  • Community Stables
  • Jogging Path
  • Bike Trail
  • Wetlands on Lot

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$16,860

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1900

Interior Features

  • MAIN LO: BB3134
  • MAIN SO: NB1231

Exterior Features

  • Frontage Length: 284
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: Nearby
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:091 R:031 S:,260241
  • Zoning: SRD 20
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wetlands, Cleared
  • Lot Size Acres: 1.95
  • Lot Size Area: 1.95
  • Lot Size Sq Ft: 84942
  • Lot Size Units: Acres
  • LOT SIZE: 84942
  • PAGE: 82
  • PERC TEST: N

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 16860
  • Tax Book Number: 4742
  • Tax Lot: 31
  • Tax Map Number: 91

MLS Schools

  • High School: Wellesley
  • Elementary School: Hunnewell
  • Middle Or Junior School: Wms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2014
Closed on
Oct 24, 2014
Sold by
Abraham George A Est
Bought by
Mingolelli Michael A and Mingolelli Amy R
Seller's Agent
Susan Lyman
Douglas Elliman Real Estate - Wellesley
Buyer's Agent
FLEMING WALSH TEAM
JT Fleming & Company
List Price
$2,500,000
Sold Price
$2,375,000
Premium/Discount to List
-$125,000
-5%
Total Days on Market
11
Current Estimated Value
$3,921,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,546,420
Avg. Annual Appreciation
4.85%
Original Mortgage
$2,390,625
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Mingolelli Michael A $1,187,500 --
Brendon Properties 4 R $1,187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mingolelli Michael A $2,055,000
Closed Mingolelli Michael A $2,220,000
Closed Mingolelli Michael A $2,214,000
Closed Brendon Properties 4 R $2,390,625
Closed Mingolelli Michael A $890,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $2,375,000 -5.0% $1,169 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $2,500,000 -- $1,230 / 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 $38,087 $3,705,000 $1,602,000 $2,103,000
2024 $37,767 $3,628,000 $1,602,000 $2,026,000
2023 $38,163 $3,333,000 $1,398,000 $1,935,000
2022 $37,761 $3,233,000 $1,253,000 $1,980,000
2021 $37,424 $3,185,000 $1,205,000 $1,980,000
2020 $36,819 $3,185,000 $1,205,000 $1,980,000
2019 $36,850 $3,185,000 $1,205,000 $1,980,000
2018 $36,197 $3,029,000 $953,000 $2,076,000
2017 $35,818 $3,038,000 $954,000 $2,084,000
2016 $13,877 $1,173,000 $938,000 $235,000
2015 $22,542 $1,950,000 $1,911,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71659094

MLS Property Information Network (MLS PIN)

APN: WELL-000091-000031