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40 Cedar St, Wellesley, MA, 02481

$725,000

Home List Price

$8,609*

Closing Credit

2 Bedrooms
1 Full Bath
840 SqFt
$863/SqFt
House

Location

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40 Cedar St, Wellesley$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1870
HeatingForced Air, Oil
CoolingNone
BasementYes
MLS #73313042
Lot Size0.19 Acres
StatusActive

About 40 Cedar St

Attention contractors, renovators, and end-users: unlock the potential of this fixer-upper nestled in the heart of Wellesley. This property is now ready for a visionary owner to breathe new life into its classic appeal. This four-room farmhouse presents an exceptional opportunity for those eager to create their dream residence. The spacious backyard further elevates the overall appeal. Conveniently situated, this location offers easy access to top-rate schools, major highways, and a variety of shops and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1870
  • Living Area: 840 SqFt

Listing Office:

  • Office Name: Hammond Residential Real Estate
  • Office Phone: (617) 731-4644
  • Listing Agent: Krongel & Paul

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Carpet, Laminate
  • Interior: Sun Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil
  • Cooling: None

Other

Directions Information:

  • Directions: off Walnut St

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $863/SqFt

Tax Information:

  • Annual Amount: $6,874
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wellesley, MA.

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Wellesley, MA

City

Med. Sold Price

$2.0M

Med. Price/SqFt

$664

Avg. Days On Market

28

# of Sold Homes

16

40 Cedar St vs Wellesley

32 DAYS ON ROCKET

+4 Days

$725,000

-$1.3M Less

$863/SqFt

+$198 More

KEY TAKEAWAY

This property is $1.3M less than the Median Sold Price and $198/SqFt more than other homes in Wellesley, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73313042

Listing Office:

  • Office Name: Hammond Residential Real Estate
  • Office Phone: (617) 731-4644
  • Listing Agent: Krongel & Paul

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,874$585,000
2020$6,763$585,000
2019$6,768$585,000
2018$6,537$547,000
2017$6,449$547,000

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4420892
7
/10

  • Otho L. Schofield Elementary School

  • 27 Cedar St

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-4420893
9
/10

  • Joseph E. Fiske Elementary School

  • 45 Hastings St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-4420894
9
/10

  • Angier Elementary School

  • 1697 Beacon St

  • 1.01 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $139,919. The majority of Wellesley, MA residents have income between $100k-200k annually. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Cedar St

What is the listing price of this property?

The listing price of 40 Cedar St property is $725,000.

What type of property is this?

The property 40 Cedar St is a house located in Wellesley, Massachusetts, 02481.

Is this property for sale now?

Active Listing: 40 Cedar St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,874 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Cedar St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40 Cedar St is 840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Cedar St is 1870.

Rocket Homes›Massachusetts›Norfolk County›Wellesley›02481›40 Cedar St

This home is located at 40 Cedar St in Wellesley, MA and zip code 02481. This 840 square foot home, which was built in 1870, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $725,000.

In November 2024, from all listings sold in Wellesley, MA there were more than 7 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Wellesley, MA between October 2024 and November 2024 decreased by 22.3%. Listings spent 28 days on the market in November 2024, and had a median list price of $2,095,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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