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Backup Offers

5 Ivy Rd, Wellesley, MA, 02481

$1,475,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,170 SqFt
$680/SqFt
House

Location

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5 Ivy Rd, Wellesley$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage Door Opener, Paved Drive, Off Street
Attached Garage1 space
Year Built1952
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #73295020
Lot Size0.33 Acres
StatusAccepting Backup Offers
(Contingent)

About 5 Ivy Rd

This charming Colonial exudes timeless elegance and modern comfort. The inviting living room with fireplace is perfect for relaxing or entertaining. The adjacent office with built-ins offers direct outdoor access. The bright kitchen is a chef's delight with granite countertops, a breakfast bar, and stainless-steel appliances. The generously sized dining room completes the first floor. Upstairs, the spacious primary bedroom offers built-ins and an en-suite bathroom. Two additional bedrooms plus full bath provide space for family or guests. A walk-up attic offers room for storage or future expansion. The lower level, complete with built-ins and fireplace, is perfect for work or play and is complemented by a bright, laundry area. Outside, the fenced-in yard provides a private oasis, with a stone patio, dog pen, storage shed and a winding path to create a secret garden retreat or potential expansion. Near Sprague Sch and Linden Square this home combines convenience with a peaceful setting.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1952
  • Living Area: 2,170 SqFt

Listing Office:

  • Office Name: MGS Group Real Estate LTD - Wellesley
  • Office Phone: (617) 714-4544
  • Listing Agent: Jamie Grossman

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Tile, Carpet, Hardwood
  • Interior: Walk-up Attic

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Storage, Professional Landscaping, Fenced Yard, Kennel

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wellesley Sr High School, Public District Grades 9-12
  • Wellesley Middle School, Public District Grades 6-8
  • Sprague Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Oak Street to Ivy Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000
  • Price Per SqFt: $680/SqFt

Tax Information:

  • Annual Amount: $11,891
  • 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

$665

Avg. Days On Market

38

# of Sold Homes

14

5 Ivy Rd vs Wellesley

26 DAYS ON ROCKET

-12 Days

$1,475,000

-$536K Less

$680/SqFt

+$15 More

KEY TAKEAWAY

This property is $536K less than the Median Sold Price and $15/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: #73295020

Listing Office:

  • Office Name: MGS Group Real Estate LTD - Wellesley
  • Office Phone: (617) 714-4544
  • Listing Agent: Jamie Grossman

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: 10/22/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2006Home Sold
$863,500
Apr 18, 2003Home Sold
$667,000
Apr 17, 2002Home Sold
$540,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,891$1,012,000
2020$11,699$1,012,000
2019$11,339$980,000
2018$10,408$871,000
2017$10,269$871,000

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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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.

Elementary School

school-card-donut-509688
8
/10

  • Sprague Elementary School

  • 401 School St

  • 0.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-509689
8
/10

  • Wellesley Middle School

  • 50 Kingsbury St

  • 0.59 miles

  • Public District Grades 6-8

High School

school-card-donut-509690
9
/10

  • Wellesley Sr High School

  • 50 Rice St

  • 1.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,833. Typical income of Wellesley, MA residents is between $35k-100k annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Ivy Rd

What is the listing price of this property?

The listing price of 5 Ivy Rd property is $1,475,000.

What type of property is this?

The property 5 Ivy Rd is a house located in Wellesley, Massachusetts, 02481.

Is this property for sale now?

Accepting Backup Offers: 5 Ivy Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5 Ivy Rd are:
Sprague Elementary School: GreatSchools Rating 8/10
Wellesley Middle School: GreatSchools Rating 8/10
Wellesley Sr High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,891 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2006 for $863,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Ivy Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Ivy Rd is 2,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Ivy Rd is 1952.

Rocket Homes›Massachusetts›Norfolk County›Wellesley›02481›5 Ivy Rd

This home is located at 5 Ivy Rd in Wellesley, MA and zip code 02481. This 2,170 square foot home, which was built in 1952, sits on a 0.33 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,475,000.

Over 3 listings were sold over their listed price in September 2024 in Wellesley, MA. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Wellesley, MA between August 2024 and September 2024 decreased by 8%. Listings spent 38 days on the market in September 2024, and had a median list price of $2,011,000 during the same period.

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

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