A weekly recap of residential properties bought in the past seven days in the “Town of Homes.”
• 44 Hillcrest Rd. Colonial (1937), Sold for: $1,855,000. Listed at $1,795,000. Living area: 3,645 sq.-ft. 12 rooms; 4 bedrooms, 3.5 baths. On the market: 50 days.
• 9 Frederick St. Newly-renovated townhouse condo (1927/2013), Sold for: $679,000. Listed at $699,000. Living area: 1,563 sq.-ft. 7 rooms; 3 bedrooms, 2 baths. On the market: 63 days.
Once, not so many years ago, the only location in Belmont where you’d find premium-priced homes was on “the Hill” or in a high-end niche enclave such as Clover and Blake streets
Well, those days are gone. Today, your standard “Belmont” house situated far from the structures north of Pleasant Street are bringing in the big bucks; just take a gander at the prices attached to abodes sold this year on Goden and School streets.
So it doesn’t come as a shock to see a big Depression-era colonial (north of 3,700 sq.-ft. with 12 rooms) on Hillcrest Road not just selling for seven figures, but at a nice $60,000 premium over the listed price. Probably a nice bidding battle took place as the four (only) bedroom, three-and-a-half bath with a separate garage (although don’t try fitting an SUV into it) on a 16,000 sq.-ft. lot sold in a mere 50 days.
Not a bad payday for the long-time (and now ex-)owners who bought the house for $450,000 in 1989 and put $85,000 in major renovations two years later.