NOT LISTED FOR SALE

7 Longmeadow Rd Wellesley, MA 02482

Estimated Value: $6,193,311 - $8,083,000

6 Beds
10 Baths
12,500 Sq Ft
$596/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $4,662,500 $373 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $45,833/month

230 Days on Market

About This Home

As of May 2017

Completely renovated gorgeous brick Wellesley estate located on over an acre of stunning landscaped grounds. Gracious living room w/ beautiful fireplace. Gourmet kitchen w/ lg eating area & separate butlers pantry, exquisite dining room w/ seating for 20+ & elegant fireplace, handsome wood-paneled study w/ fireplace, sun-filled office/study room. Magnificent family room w/ oversized windows, soaring ceilings & fireplace. Lg, light filled master bedroom w/ sitting area, fireplace & separate dressing area. 4 additional bedrooms w/ custom closets & built-in desks. One of a kind lower level includes a basketball court, spacious gym with sauna & steam shower, handsome media room, & billiards room w/ bar. Fabulous separate carriage house w/ a private guest suite, incl a kitchen & terrace. Beautiful heated pool, hot tub & waterfall, blue stone & brick terracing. Stone walls, lush gardens, landscape lighting a 2nd waterfall create a private setting, perfect for entertaining. Garages for 4 cars

Last Agent to Sell the Property

Julie Harrison

Gibson Sotheby's International Realty Listed on: 05/11/2016

Gibson Sotheby's International Realty

Last Buyer's Agent

Melissa Dailey

Coldwell Banker Realty - Wellesley

Coldwell Banker Realty - Wellesley

Home Details

Home Type

Single Family

Year Built

1936

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1936

Interior Features

  • Fireplaces: 8
  • Has Basement: Yes
  • Fireplaces: 8
  • Primary Bathroom: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, Private School, Public School, T-Station, University
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat, Backup Generator
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Insulation: Full, Fiberglass
  • Interior Amenities: Security System, Cable Available, Sauna/Steam/Hot Tub, Wetbar, French Doors
  • Basement: Full, Finished, Interior Access, Sump Pump
  • Kitchen: First Floor, 13X19
  • Living Room: First Floor, 15X29
  • Master Bedroom: Second Floor, 22X18
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, Recessed Lighting
  • Dining Room: First Floor, 16X22
  • Family Room: First Floor, 21X24
  • Oth1 Room Name: Library
  • Oth1 Dimen: 15X13
  • Oth1 Dscrp: Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level
  • Oth2 Room Name: Home Office
  • Oth2 Dimen: 15X11
  • Oth2 Dscrp: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Picture, French Doors, Main Level, Recessed Lighting
  • Oth3 Room Name: Media Room
  • Oth3 Dimen: 19X18
  • Oth3 Dscrp: Ceiling - Coffered, Flooring - Wall to Wall Carpet
  • Oth4 Room Name: Game Room
  • Oth4 Dimen: 21X23
  • Oth4 Dscrp: Fireplace, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Wet bar, Cable Hookup, Recessed Lighting
  • Oth5 Room Name: Exercise Room
  • Oth5 Dimen: 19X25
  • Oth5 Dscrp: Bathroom - Full, Cable Hookup, Recessed Lighting, Steam / Sauna

Exterior Features

  • Roof: Slate
  • Construction: Frame
  • Exterior: Wood, Brick
  • Exterior Features: Deck, Patio, Pool - Inground Heated, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard, Garden Area, Guest House, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Heated, Work Area, Side Entry
  • Garage Spaces: 4
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating: Radiant, Gas, Hydro Air
  • Cooling Zones: 30
  • Heat Zones: 30
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Assessor Parcel Number: M:115 R:022 S:
  • Zoning: SR40

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
May 1, 2017
Sold by
Lemone Anthony S and Lemone Carolyn M
Bought by
Brightside Investments
Seller's Agent
Julie Harrison
Gibson Sotheby's International Realty
Buyer's Agent
Melissa Dailey
Coldwell Banker Realty - Wellesley
List Price
$5,495,000
Sold Price
$4,662,500
Premium/Discount to List
-$832,500
-15.15%
Current Estimated Value
$7,446,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,783,604
Avg. Annual Appreciation
5.59%
Original Mortgage
$3,730,000
Outstanding Balance
$1,955,255
Interest Rate
4.3%
Mortgage Type
Unknown
Estimated Equity
$5,490,849

Purchase Details

Listed on
Jan 30, 2013
Closed on
Sep 10, 2013
Sold by
Longmeadow Rt
Bought by
Lemone Anthony S and Lemone Carolyn M
Seller's Agent
Debi Benoit
William Raveis R.E. & Home Services
Buyer's Agent
Julie Harrison
Gibson Sotheby's International Realty
List Price
$5,750,000
Sold Price
$4,750,000
Premium/Discount to List
-$1,000,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%
Original Mortgage
$3,000,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1994
Sold by
Allegrini Peter J and Allegrini Joan M
Bought by
Geary William J and Geary Kristi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1992
Sold by
Haffenreffer August H
Bought by
Allegrini Peter J and Allegrini Joan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brightside Investments $4,662,500 --
Lemone Anthony S $4,750,000 --
Geary William J $850,000 --
Geary William J $850,000 --
Allegrini Peter J $700,000 --
Allegrini Peter J $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brightside Investments $3,730,000
Previous Owner Lemone Anthony S $3,000,000
Previous Owner Allegrini Peter J $700,000
Previous Owner Allegrini Peter J $680,000
Previous Owner Allegrini Peter J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2017 05/01/17 Sold $4,662,500 -11.9% $373 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $5,295,000 -3.6% $424 / Sq Ft
05/11/2016 05/11/16 For Sale $5,495,000 +15.7% $440 / Sq Ft
09/10/2013 09/10/13 Sold $4,750,000 -12.0% $380 / Sq Ft View Prior Sale
08/06/2013 08/06/13 Pending -- -- --
06/15/2013 06/15/13 Price Changed $5,395,000 -6.2% $432 / Sq Ft
01/30/2013 01/30/13 For Sale $5,750,000 -- $460 / 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 $79,989 $7,781,000 $3,379,000 $4,402,000
2024 $62,720 $6,025,000 $3,379,000 $2,646,000
2023 $50,758 $4,433,000 $2,528,000 $1,905,000
2022 $48,892 $4,186,000 $2,265,000 $1,921,000
2021 $54,908 $4,673,000 $1,554,000 $3,119,000
2020 $54,020 $4,673,000 $1,554,000 $3,119,000
2019 $56,323 $4,868,000 $1,554,000 $3,314,000
2018 $52,102 $4,360,000 $998,000 $3,362,000
2017 $51,416 $4,361,000 $999,000 $3,362,000
2016 $53,625 $4,533,000 $982,000 $3,551,000
2015 $52,448 $4,537,000 $981,000 $3,556,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72003300

MLS Property Information Network (MLS PIN)

APN: WELL-000115-000022