31 Bancroft, Wellesley MA 02481

Wellesley, MA 02481 • Wellesley Hills
$1,300,000
Est. $6,919/month
5
Beds
3
Baths
2,601
Sq Ft
$500
Price/Sq Ft
0.44
Acres
1927
Year Built
Single Family Residence
Type
19
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73371534 Copied!

About this home

Nestled in the heart of picturesque Wellesley Hills, this classic Colonial offers timeless charm and exceptional potential. Set on a generous 19,000+sqft lot with mature landscaping and a peaceful neighborhood feel, this home presents a rare opportunity to restore and reimagine a beloved gem or create a new home in a commuters dream location. Close to highways and a quick walk to Wellesley Farms Commuter Rail. This home 4 + bedroom home features well-proportioned rooms, original hardwood floors, and traditional millwork, the layout lends itself beautifully to both preservation and thoughtful updates. Whether you’re looking to renovate or expand, the solid bones and unbeatable location make this a truly worthwhile investment.

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1927
Bedrooms
5
Full Bathrooms
3
Living Area
2,601 sq ft
Total Rooms
9

Sale Statistics

Sale Overview
Original List Price: $1,499,000
Final Sale Price: $1,300,000
Difference: $199,000 (-13.3%)
Performance Metrics
86.7%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $576
Sale $/sq ft: $500
This property sold for $500 per square foot
Sale Summary

This property sold for 13.3% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1927
Living Area 2,601 sq ft
Lot Size 0.44 acres
Bedrooms 5
Full Baths 3
Total Rooms 9

Interior

Heating Central, Natural Gas
Cooling None
Flooring Hardwood
Appliances Electric Water Heater
Fireplace Living Room, Master Bedroom
Fireplaces 2
Basement Full
Laundry First Floor
Features Entry Hall

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Paved Drive, Off Street
Total Spaces 8

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $14,649
Assessed Value $1,425,000

Location

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Neighborhood

Wellesley Hills

31 Bancroft, Wellesley MA 02481

Wellesley, MA 02481

Walkability

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Schools

Elementary School
Schofield
Rating information coming soon
Middle School
W.M.S.
Rating information coming soon
High School
W.H.S.
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,221
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13.3%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 30, 2025
$1,300,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 8, 2025
$1,499,000
Original listing
Agent: Gail Lockberg Office: Berkshire Hathaway HomeServices Town and Country Real Estate

Price & Status History

Date Event Price Change
May 8, 2025 New Listing Added $1,499,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$500

Tax History

Year Taxes Assessment
2025 $14,649 $1,425,000

Financial Details

Annual Property Tax
$14,649
Tax Year 2025
Assessed Value
$1,425,000

Listing Information

Listing Agent Gail Lockberg
Listing Office Berkshire Hathaway HomeServices Town and Country Real Estate
Agent MLS ID BB904798
Office MLS ID AN1049

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