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50 Washburn Avenue

50 Washburn Avenue, Wellesley Hills, MA 02481
Property in Wellesley
Sold May 12, 2022
$2,650,000
$1,855,000 by Cambridge Savings Bank
Mortgage Due May 12, 2052
Sold Jul 27, 2021
$1,100,000
$1,530,000 by Walpole Cooperative Bank
Mortgage
Local assessors in Wellesley Hills, MA have categorized 50 Washburn Avenue as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 15,567 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 8 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 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 50 Washburn Avenue has a total of 3,350 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 average. 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 forced air unit 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. The property was last sold in May 12, 2022 for $2,650,000. That's $791.04 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2021 for $1,100,000. 50 Washburn Avenue was last assessed in 2023. The total value of the property was assessed at $2,352,000. Specifically, the land the property is located on was valued at $1,064,000. While improvements on the property were assessed at a total of $1,288,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $26,930. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,567
  • Total Building Area: 3,350
  • Building Area: 3,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,350
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.357
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLANGELO AUGUSTUS
  • Current Owner 2: COLANGELO MERCEDES
  • Previous Owner : KANE BUILT INC
  • Owner Before Previous Owner: ROGER H DUPONT RET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: WELLESLEY SD
  • Census Tract: 404100

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:036 R:012 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3174
  • Longitude: -71.2602

    Address

  • Full Address: 50 Washburn Ave
  • Address - House Number: 50
  • Address - Street Name: Washburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C038
  • 4-Digit Zip Code: 5224
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,930

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,806,321
  • High Value: 3,255,701
  • Low Value: 2,356,940

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,120,000
  • First Open Lien Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $1,855,000
  • 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: May 12, 2052
  • Second Open Lien Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: May 12, 2022
  • Second Open Lien Mortgage Loan Amount: $265,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,352,000
  • Assessed Land Value: $1,064,000
  • Assessed Improvements Value: $1,288,000

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11888003703
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1503020
  • Previous Sale Recording Date: Jul 27, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $1,855,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WALPOLE COOPERATIVE BANK
  • Previous Mortgage Transaction Date: Jul 27, 2021
  • Previous Mortgage Loan Amount: $1,530,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Wellesley



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Frequently Asked Questions

What neighborhood is 50 Washburn Avenue located in?
The 50 Washburn Avenue is a located in the neighborhood of Wellesley in Wellesley, Wellesley Hills.
What is the average sales price for listings in 50 Washburn Avenue?
The average sales price for units in 50 Washburn Avenue is $0 currently.

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