8 Old Farm Rd Wellesley Hills, MA 02481
Wellesley Farms Neighborhood
6
Beds
5
Baths
4,906
Sq Ft
1.21
Acres
Highlights
- Landscaped Professionally
- Wood Flooring
- Screened Porch
- Sprague Elementary School Rated A
- Attic
- Patio
About This Home
As of February 2022Updated, classically comfortable Colonial Revival on amazing double lot in Wellesley's top Farms neighborhood. This lovely home experienced a major 21st Century renovation and expansion which carefully melded time-honored details with modern systems, kitchen, baths and an elegant master suite. The sunny and walk-out lower level surprises with an exceptionally interesting family room and two bright bedrooms, one of which would make a great office with french doors to the garden. The land has been subdivided into two lots offering many options: 1.) Keep and enjoy beautiful home with private 52K lot and gardens. 2.) Keep and build accessory home or building on second lot included 38 Ravine Road. 3.) Build new larger home in place of current home with no impact of demo delay until November 2020. Buyer and agent to verify all with town. A truly unique opportunity in the most coveted of all Wellesley neighborhoods.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Town and Country Real Estate Listed on: 03/06/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,442
Year Built
- Built in 1941
Lot Details
- Landscaped Professionally
- Sprinkler System
- Property is zoned SR20
Parking
- 2 Car Garage
Interior Spaces
- Screened Porch
- Wood Flooring
- Attic
- Basement
Kitchen
- Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Central Air
- Hot Water Baseboard Heater
- Heating System Uses Oil
Community Details
- Security Service
Listing and Financial Details
- Assessor Parcel Number M:083 R:033 S:
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Feb 11, 2022
Sold by
Atwood Christian A and Obell Susan A
Bought by
Mcgauley Catherine B and Mcgauley Thomas A
Seller's Agent
Donahue Maley & Burns Team
Compass
Buyer's Agent
Melissa Deland
Deland Real Estate, LLC
List Price
$2,795,000
Sold Price
$2,900,000
Premium/Discount to List
$105,000
3.76%
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
$607,600
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,500,000
Outstanding Balance
$1,411,387
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,940,448
Purchase Details
Listed on
Oct 14, 2019
Closed on
Feb 24, 2020
Sold by
Old Farm Rt
Bought by
Atwood Christian A and Obell Susan
Seller's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
Buyer's Agent
Joanne Mullowney
Rutledge Properties
List Price
$2,300,000
Sold Price
$2,350,000
Premium/Discount to List
$50,000
2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$2,114,765
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 6, 2019
Closed on
Sep 17, 2019
Sold by
M13s Advisory T
Bought by
Old Farm Rt
Seller's Agent
Kathy Kelley
Berkshire Hathaway HomeServices Town and Country Real Estate
Buyer's Agent
Teri Adler
MGS Group Real Estate LTD - Wellesley
List Price
$2,795,000
Sold Price
$2,550,000
Premium/Discount to List
-$245,000
-8.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.94%
Purchase Details
Closed on
Aug 28, 2012
Sold by
Abbott Marcia L and Krueger Richard A
Bought by
M13s Advisory T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 8, 2012
Sold by
M13s Advisory T
Bought by
Abbott Marcia L and Abbott Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 27, 2010
Sold by
Abbott Marcia L
Bought by
Abbott Marcia L and Krueger Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.13%
Purchase Details
Closed on
Jun 6, 2002
Sold by
Hogan Suzanne C
Bought by
Abbott Marcia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Wellesley Hills, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $2,900,000 | None Available | |
| Not Resolvable | $2,350,000 | None Available | |
| Not Resolvable | $2,550,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $2,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | Purchase Money Mortgage | |
| Previous Owner | $2,114,765 | Purchase Money Mortgage | |
| Previous Owner | $1,129,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,231,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,235,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,250,000 | No Value Available | |
| Previous Owner | $1,275,000 | No Value Available | |
| Previous Owner | $417,000 | No Value Available | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $400,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2022 02/11/22 | Sold | $2,900,000 | +3.8% | $616 / Sq Ft |
| 01/14/2022 01/14/22 | Pending | -- | -- | -- |
| 01/12/2022 01/12/22 | For Sale | $2,795,000 | +18.9% | $594 / Sq Ft |
| 02/28/2020 02/28/20 | Sold | $2,350,000 | +2.2% | $479 / Sq Ft |
| 11/09/2019 11/09/19 | Pending | -- | -- | -- |
| 10/14/2019 10/14/19 | For Sale | $2,300,000 | -9.8% | $469 / Sq Ft |
| 09/20/2019 09/20/19 | Sold | $2,550,000 | -5.4% | $520 / Sq Ft |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | Price Changed | $2,695,000 | -3.6% | $549 / Sq Ft |
| 03/15/2019 03/15/19 | For Sale | $2,795,000 | 0.0% | $570 / Sq Ft |
| 03/10/2019 03/10/19 | Pending | -- | -- | -- |
| 03/06/2019 03/06/19 | For Sale | $2,795,000 | -- | $570 / 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 | $29,442 | $2,864,000 | $1,810,000 | $1,054,000 |
| 2024 | $26,951 | $2,589,000 | $1,574,000 | $1,015,000 |
| 2023 | $25,373 | $2,216,000 | $1,395,000 | $821,000 |
| 2022 | $23,874 | $2,044,000 | $1,250,000 | $794,000 |
| 2021 | $23,394 | $1,991,000 | $1,197,000 | $794,000 |
| 2020 | $20,750 | $1,795,000 | $1,001,000 | $794,000 |
| 2019 | $20,768 | $1,795,000 | $1,001,000 | $794,000 |
| 2018 | $21,152 | $1,770,000 | $905,000 | $865,000 |
| 2017 | $20,857 | $1,769,000 | $904,000 | $865,000 |
| 2016 | $20,525 | $1,735,000 | $894,000 | $841,000 |
| 2015 | $20,033 | $1,733,000 | $893,000 | $840,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Donahue Maley & Burns Team
Compass
(508) 254-9288
19 in this area
307 Total Sales
-
Buyer's Agent in 2022
Melissa Deland
Deland Real Estate, LLC
(617) 272-6110
2 in this area
60 Total Sales
-
Seller's Agent in 2020
Teri Adler
MGS Group Real Estate LTD - Wellesley
(617) 306-3642
10 in this area
164 Total Sales
-
J
Buyer's Agent in 2020
Joanne Mullowney
Rutledge Properties
-
Seller's Agent in 2019
Kathy Kelley
Berkshire Hathaway HomeServices Town and Country Real Estate
(781) 710-1035
2 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72461131
APN: WELL-000083-000033
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