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7 Louis Drive

7 Louis Drive, Wellesley Hills, MA 02481
Property in Wellesley
Sold May 05, 2005
$972,500
$640,000 by Leader Bank Na
Mortgage Due Aug 01, 2043
7 Louis Drive in Wellesley Hills, MA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 7 Louis Drive has 2,818 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 675 sqft and has been categorized as a full basement. In total, the area measurement of the land is 10,295 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7 Louis Drive was last sold in Jan 1, 1970 for $972,500. According to our calculations, that's $345.10 per sqft. Current property owners are expected to pay $16,522 in taxes per year. The property on 7 Louis Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,443,000. To break that down further, the land itself was valued at $768,000. While improvements to the property were assessed at a total of $675,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 675
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,295
  • Total Building Area: 2,818
  • Building Area: 2,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,818
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLESLEY
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HALL GRETCHEN K
  • Current Owner 2: SOLOMON PETER
  • Previous Owner : SCHWARTZ CAROL M
  • Previous Owner 2: SCHWARTZ LAWRENCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: WELLESLEY SD
  • Census Tract: 404301

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:179 R:068 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3146
  • Longitude: -71.3162

    Address

  • Full Address: 7 Louis Dr
  • Address - House Number: 7
  • Address - Street Name: Louis
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C025
  • 4-Digit Zip Code: 1164
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,522

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,013,645
  • High Value: 2,325,517
  • Low Value: 1,701,774

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $1,755,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2013
  • First Open Lien Mortgage Loan Amount: $640,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043
  • Second Open Lien Mortgage Lender: RBS CITIZENS NA
  • Second Open Lien Mortgage Recording Date: Jul 21, 2014
  • Second Open Lien Mortgage Loan Amount: $306,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 21, 2044
  • Third Open Lien Mortgage Lender: LEADER BANK NA
  • Third Open Lien Mortgage Recording Date: Mar 08, 2016
  • Third Open Lien Mortgage Loan Amount: $300,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Mar 08, 2046
  • Fourth Open Lien Mortgage Lender: LEADER BANK NA
  • Fourth Open Lien Mortgage Recording Date: Nov 23, 2020
  • Fourth Open Lien Mortgage Loan Amount: $509,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Fourth Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,443,000
  • Assessed Land Value: $768,000
  • Assessed Improvements Value: $675,000

    Sales

  • Current Sale Recording Date: May 05, 2005
  • Current Sale Transaction ID: 1102707602
  • Current Sale Price: $972,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: May 05, 2005
  • First Mortgage Loan Amount: $778,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Wellesley



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Frequently Asked Questions

What neighborhood is 7 Louis Drive located in?
The 7 Louis Drive is a located in the neighborhood of Wellesley in Wellesley, Wellesley Hills.
What is the average sales price for listings in 7 Louis Drive?
The average sales price for units in 7 Louis Drive is $0 currently.

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