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126 Abbott Road

126 Abbott Road, Wellesley Hills, MA 02481
Property in Wellesley
Sold Apr 20, 2021
$2,195,000
$1,755,000 by First Republic Bank
Mortgage Due Apr 20, 2051
Sold Sep 28, 2005
$2,095,500
$850,000 by Mortgage Master Inc
Mortgage
Local assessors in Wellesley Hills, MA have categorized 126 Abbott Road as a residential type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 16,643 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 126 Abbott Road has a total of 3,825 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 126 Abbott Road sold most recently in Apr 20, 2021 for a total of $2,195,000. If you work out the math, that's approximately a cost of $573.86 per sqft. Before that, the property was also sold for $2,095,500 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,564 in taxes each year. 126 Abbott Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,058,000. If we break it down further, the land itself was valued at $1,099,000. Improvements to the property, however, were assessed at a total of $959,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,643
  • Total Building Area: 3,825
  • Building Area: 3,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,825
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KING JOSHUA
  • Current Owner 2: KING SARAH
  • Previous Owner : FINE WILLIAM M
  • Previous Owner 2: FINE GAIL H
  • Owner Before Previous Owner: ACKERMAN ABIGAIL C
  • Owner Before Previous Owner 2: ACKERMAN JEFFREY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: WELLESLEY SD
  • Census Tract: 404202

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:056 R:045 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3035
  • Longitude: -71.2672

    Address

  • Full Address: 126 Abbott Rd
  • Address - House Number: 126
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C002
  • 4-Digit Zip Code: 6125
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,564

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,548,815
  • High Value: 2,943,573
  • Low Value: 2,154,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,755,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,755,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 20, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,058,000
  • Assessed Land Value: $1,099,000
  • Assessed Improvements Value: $959,000

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11832947333
  • Current Sale Price: $2,195,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 51364
  • Previous Sale Recording Date: Sep 28, 2005
  • Previous Sale Amount: $2,095,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $1,755,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MASTER INC
  • Previous Mortgage Transaction Date: Sep 28, 2005
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Wellesley



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Frequently Asked Questions

What neighborhood is 126 Abbott Road located in?
The 126 Abbott Road is a located in the neighborhood of Wellesley in Wellesley, Wellesley Hills.
What is the average sales price for listings in 126 Abbott Road?
The average sales price for units in 126 Abbott Road is $0 currently.

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