40 Cedar St, Wellesley MA 02481
Wellesley, MA 02481
$675,000
Est. $3,593/month
About this home
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 Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
840 sq ft
Total Rooms
4
Sale Statistics
Sale Overview
Original List Price:
$725,000
Final Sale Price:
$675,000
Difference:
$50,000 (-6.9%)
Performance Metrics
93.1%
List to Sale Ratio
Sold below asking price
79
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$863
Sale $/sq ft:
$804
This property sold for $804 per square foot
Sale Summary
This property sold for 6.9% below the original asking price.
The property spent 79 days on market before selling.
Facts & Features
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1870
Living Area
840 sq ft
Lot Size
0.19 acres
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Forced Air, Oil
Cooling
None
Flooring
Wood, Vinyl, Carpet, Laminate
Appliances
Water Heater
Fireplace
None
Basement
Full, Interior Entry, Dirt Floor, Unfinished
Laundry
None
Features
Sun Room
Exterior
Construction
Frame
Architecture
Farmhouse
Roof
Shingle
Features
Porch - Enclosed
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch - Enclosed
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$8,840
Assessed Value
$860,000
Location
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Neighborhood
40 Cedar St, Wellesley MA 02481
Wellesley, MA 02481
Walkability
Loading Walk Score...
Schools
Elementary School
Schofield
Middle School
Wellesley
High School
Wellesley
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$737
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
6.9%
Price Range
80
Total Days on Market
Property Timeline
Sold
Mar 10, 2025
$675,000
Property sold
Days on Market: 80
Listed for Sale
Nov 15, 2024
$725,000
Original listing
Agent: Krongel & Paul
Office: Hammond Residential Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/10/2025 | ✓ Sold | $675,000 | - | - | Property sold |
| 11/15/2024 | 🏠 Listed for Sale | $725,000 | - | - | Original listing |