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81 Russell Road

81 Russell Road, Wellesley, MA 02482
Property in Wellesley
Sold Mar 17, 2017
$1,672,000
$846,000 by East West Bank
Mortgage Due Mar 17, 2047
Sold Jul 27, 1990
$193,000
$173,700 by Huntington Mtg Co
Mortgage
81 Russell 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 2016 and is 8 years old. The home has a total of 7 rooms. 4 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 2 stories. In addition, 81 Russell Road has 2,695 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,740 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 average. 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. 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, 81 Russell Road sold most recently in Jan 1, 1970 for a total of $1,672,000. If you work out the math, that's approximately a cost of $620.41 per sqft. Before that, the property was also sold for $193,000 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 $19,110 in taxes each year. 81 Russell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,669,000. If we break it down further, the land itself was valued at $775,000. Improvements to the property, however, were assessed at a total of $894,000. The property's total assessed value has been marked as more than the total market value 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. 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

Waterfront

Waterfront
Beach Front

Parking

Attached Garage
Detached Garage

Condition

Level Lot
Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,740
  • Total Building Area: 2,695
  • Building Area: 2,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,695
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE RDG PARK
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JIA LONG
  • Current Owner 2: WANG JIALI
  • Previous Owner : MCMAHON PAMELA M
  • Previous Owner 2: MCMAHON DAVID S
  • Owner Before Previous Owner: SMITH LINDA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:183 R:009 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2994
  • Longitude: -71.3159

    Address

  • Full Address: 81 Russell Rd
  • Address - House Number: 81
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4327
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,110

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,228,648
  • High Value: 2,610,437
  • Low Value: 1,846,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $846,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $846,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Mar 17, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,669,000
  • Assessed Land Value: $775,000
  • Assessed Improvements Value: $894,000

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Transaction ID: 1806492767
  • Current Sale Price: $1,672,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 23402
  • Previous Sale Recording Date: Jul 27, 1990
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Mar 17, 2017
  • First Mortgage Loan Amount: $846,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Mar 17, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: HUNTINGTON MTG CO
  • Previous Mortgage Transaction Date: Jul 27, 1990
  • Previous Mortgage Loan Amount: $173,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Wellesley



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Frequently Asked Questions

What neighborhood is 81 Russell Road located in?
The 81 Russell Road is a located in the neighborhood of Wellesley in Wellesley, Wellesley.
What is the average sales price for listings in 81 Russell Road?
The average sales price for units in 81 Russell Road is $0 currently.

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