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15 Larch Road

15 Larch Road, Wellesley, MA 02482
Property in Wellesley
Sold Aug 12, 2021
$2,120,000
$1,696,000 by Leader Bank Na
Mortgage Due Aug 12, 2051
Sold Jul 07, 2017
$1,690,000
$1,352,000 by Wells Fargo Bank Na
Mortgage Due Jul 07, 2047
15 Larch Road has been categorized by the local assessors in Wellesley, MA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 15 Larch Road has 4,108 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,501 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15 Larch Road was last sold in Aug 12, 2021 for $2,120,000. According to our calculations, that's $516.07 per sqft. Prior to that sales transaction, the property was sold for $1,690,000 in Jan 1, 1970. Current property owners are expected to pay $22,408 in taxes per year. The property on 15 Larch Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,957,000. To break that down further, the land itself was valued at $819,000. While improvements to the property were assessed at a total of $1,138,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Condition

Level Lot
Wooded Lot

Waterfront

Beach Front
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 12
  • 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: 11,501
  • Total Building Area: 4,108
  • Building Area: 4,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,108
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLESLEY
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DAAS MAHESH
  • Current Owner 2: KAMAKOTI MADHAVI V
  • Previous Owner : DREWS JAMES N
  • Previous Owner 2: DREWS ELIZABETH A
  • Owner Before Previous Owner: SCHEINER ADAM
  • Owner Before Previous Owner 2: TARADASH LANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: WELLESLEY SD
  • Census Tract: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:159 R:049 S:
  • Municipality: WELLESLEY
  • Latitude: 42.304
  • Longitude: -71.3051

    Address

  • Full Address: 15 Larch Rd
  • Address - House Number: 15
  • Address - Street Name: Larch
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4514
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,408

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,576,691
  • High Value: 2,975,703
  • Low Value: 2,177,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,696,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $1,696,000
  • 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: Aug 12, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,957,000
  • Assessed Land Value: $819,000
  • Assessed Improvements Value: $1,138,000

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11849737476
  • Current Sale Price: $2,120,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 105323
  • Previous Sale Recording Date: Jul 07, 2017
  • Previous Sale Amount: $1,690,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $1,696,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 07, 2017
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $1,352,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 07, 2047

About Wellesley



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Frequently Asked Questions

What neighborhood is 15 Larch Road located in?
The 15 Larch Road is a located in the neighborhood of Wellesley in Wellesley, Wellesley.
What is the average sales price for listings in 15 Larch Road?
The average sales price for units in 15 Larch Road is $0 currently.

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