Sold In Belmont: Not All-That-Special Colonial Barely Misses $1Million Sales Price

Photo: A nearly $1 million house with just one-and-a-half baths and oil heat. 

A weekly recap of residential properties sold in the past seven-plus days in the “Town of Homes”:

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102 Crestview Rd., Brick Ranch (1961). Sold: $1,019,000.

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81 Taylor Rd., Classic Colonial (1956). Sold: $975,000.

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54 Newton St., Bungalow-ish (1925). Sold: $775,000.

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340 Common St., Early 20th-century two-family (1918).

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23 Bartlett Av., First-floor condo (2/3 Family)(1964). Sold: $530,000.

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29 Homer Rd., Colonial (1928). Sold: $1,385,000.

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11-13 Thomas St., “Standard” two-family (1928). Sold: $750,000.

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100 Lexington St., Apt. B7, Condo (1972).

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60 Richardson Rd., Colonial (1927). Sold: $935,000.

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26 Trowbridge St., Condo (1890). Sold: $469,500.

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60 Creeley Road Unit 1, Condo (1927). Sold: $469,500.

81 Taylor Rd., Classic Colonial (1956). Sold: $975,000. Listed at $875,000. Living area: 1,924 sq.-ft. 7 rooms, 4 bedrooms, 1.5 baths. On the market: 66 days.

• 54 Newton St., Bungalow-ish (1925). Sold: $775,000. Listed at $729,000. Living area: 1,221 sq.-ft. 8 rooms, 5 bedrooms, 2 baths. On the market: 80 days.

340 Common St., Early 20th-century two-family (1918). Sold: $1,060,000. Listed at $1,050,000. Living area: 3,251 sq.-ft. 16 rooms, 6 bedrooms, 3 baths. On the market: 66 days.

23 Bartlett Av., First-floor condo (2/3 Family)(1964). Sold: $530,000. Listed at $479,000. Living area: 1,068 sq.-ft. 6 rooms, 2 bedrooms, 1.5 baths. On the market: 67 days.

29 Homer Rd., Colonial (1928). Sold: $1,385,000. Listed at $1,299,000. Living area: 3,011 sq.-ft. 9 rooms, 4 bedrooms, 2.5 baths. On the market: 38 days.

11-13 Thomas St., “Standard” two-family (1928). Sold: $750,000. Listed at $829,000. Living area: 2,392 sq.-ft. 12 rooms, 6 bedrooms, 2 baths. On the market: 73 days.

60 Creeley Road Unit 1, Condo (1927). Sold: $469,500. Listed at $469,900. Living area: 999 sq.-ft. 6 rooms, 2 bedrooms, 1 bath. On the market: 109 days.

26 Trowbridge St., Condo (1890). Sold: $469,500. Listed at $469,900. Living area: 999 sq.-ft. 6 rooms, 2 bedrooms, 1 bath. On the market: 109 days.

• 60 Richardson Rd., Colonial (1927). Sold: $935,000. Listed at $949,000. Living area: 1,985 sq.-ft. 9 rooms, 3 bedrooms, 2.5 baths. On the market: 74 days.

100 Lexington St., Apt. B7, Condo (1972). Sold: $337,500. Listed at $299,900. Living area: 772 sq.-ft. 3 rooms, 1 bedrooms, 1 bath. On the market: 81 days.

• 102 Crestview Rd., Brick Ranch (1961). Sold: $1,019,000, Listed at $1,249,000. Living area: 1,754 sq.-ft. 6 rooms, 3 bedrooms, 2.5 baths. On the market: 86 days.

You may have heard of Taylor Road but likely never traveled on it; it’s one of the rare dead end streets in Belmont which you can get to from Dana (off of Bright) or Glenn roads. One advantage of living in one of the post-war homes built in the 1950s is being neighbors to the historic 10-acre Richardson Farm which was part of a land grant from Charles I of England and has been cultivated since 1634. It will be used for agricultural purposes into perpetuity as the land is protected by an Agricultural Preservation Restriction thanks to the local Land Trust.

Knowing that you’ll always have a view of farm life could be one reason the “classic” Colonial at 81 Taylor was so very attractive to one buyer. When the final check was passed at the closing, it was a cool $100,000 over the list price, nearly topping the $1 million mark.

This is not the first time the favorite architectural style of Belmont residents has garnered a price that may seem a bit excessive at first (and second and third and fourth) glance. In fact, the structure is kinda small (at under 2,000 sq.-ft.) and, frankly, not that special. The living room measures 14 by 25 feet, the “master” bedroom is 14 by 13 while the other bedrooms are just 2 feet shorter lengthwise. Nearly a million dollars for one-and-a-half baths (that need updating) and oil heat. Not one-and-a-half baths on the first floor; for the entire house. 

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But the market for Colonials have exploded (as we all know): the assessed value of the house was happily stuck in the low-to-mid $600,000 range for more than a decade until 2015 when it shot up to $709,000 and then jumped approximately $100,000 to $800,000 this year. 

Just wait until the relocating GE employees start arriving looking for a great school system and a Colonial to occupy.

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