Sold in Belmont: Million Dollar Bonanza Brings in the New Year

Screen Shot 2015-01-29 at 7.36.30 PM

A weekly recap of residential properties bought in the past seven days in the “Town of Homes.”

• 12 Greensbrook Way. Brick Ranch (1957) Sold: $1,250,000. Listed at $1,250,000. Living area: 2,735 sq.-ft. 8 rooms, 5 bedrooms, 4 baths. On the market: 16 days.

 37 Marlboro St. Multi-family (1913), Sold for: $825,000. Listed at $825,000. Living area: 2,760 sq.-ft. 12 rooms, 5 bedrooms, 2 baths. On the market: 44 days.

 30 Somerset St. The Albert Higgins House; Antebellum Greek Revival (1850) Sold: $1,950,000. Listed at $2,325,000. Living area: 4,023 sq.-ft. 13 rooms, 6 bedrooms, 3 full, 3 partial baths. On the market: 219 days.

 85 Juniper Rd. Quite unique architectural style (1952) Sold: $1,325,000. Listed at $1,250,000. Living area: 2,626 sq.-ft. 7 rooms, 3 bedrooms, 2 baths. On the market: 91 days.

Sixteen days. That’s all it took for a 1950s ranch to sell on fancy Greensbrook Way. For $1.25 million! Well, what do you expect from a residential property across the street from Tagg Romney’s 8,000 square-foot manse. And there’s more! The seller of note was 12 Greensbrook Way LLC, which bought the house in October, 2014 for $1,050,000.

So who is this 12 Greensbrook Way LLC? It’s address is 103 Hemenway St. Suite B2 in Boston, the same address as Real Estate Management & Investment, the Fenway-based real estate investment firm known for constructing multi-story buildings in Boston neighborhoods such as the new 50 Symphony Road condo development. So it won’t shock you to know that the listed broker, OffCampus Apartment Finder, LLC, is a subsidiary of REM&I. 

This sale appears to be a “flip” to a motivated buyer. I would not be surprised if this rather standard eight-room house (rated a B+ by town assessors) on more than half-of-acre of valuable land is put “on the sword” and demolished to build something more “appropriate” for the location. It will be interesting to discover who bought the ranch.

A mention about 85 Juniper Rd: a very unique house with a well-thoughtout architectural approach to the land. I love the two-story rear side, full of windows facing east down the hill. Boxy but functional. It does require work (the interior needs serious updating) but a great house to own. 

Screen Shot 2015-01-29 at 8.57.56 PM

Not attractive even when it was built.

Screen Shot 2015-01-29 at 8.57.30 PM

The backside of this house is just nice.

Screen Shot 2015-01-29 at 8.57.40 PM

With smart interior design, this could become a stunning room.

Share This ArticleShare on FacebookTweet about this on TwitterShare on Google+Pin on PinterestShare on LinkedInPrint this pageEmail this to someone

Leave a Review or Comment

Your email address will not be published. Required fields are marked *