38 Wellesley Rd
Belmont, MA 02478
6 bd 7 ba 8,100 sqft Built 2024 Lot 20,909 sqft single_family
Most recent sale
$1,500,000
Feb 1, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 21, 2024 | Listed | $4,199,000 | MLSPIN |
| Feb 1, 2023 | Sold | $1,500,000 | MLSPIN |
| Nov 28, 2022 | Price changed | $1,535,000 | MLSPIN |
| Nov 3, 2022 | Listed | $1,575,000 | MLSPIN |
| Nov 7, 1996 | Sold | $440,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $3,125,000 | $895,000 | $4,020,000 | $45,788 |
| 2024 | $480,000 | $1,018,000 | $1,498,000 | $15,819 |
| 2023 | $430,000 | $1,053,000 | $1,483,000 | $16,669 |
| 2022 | $394,000 | $964,000 | $1,358,000 | $15,698 |
| 2021 | $390,000 | $1,010,000 | $1,400,000 | $16,156 |
| 2020 | $390,000 | $943,000 | $1,333,000 | $14,663 |
| 2019 | $385,000 | $726,000 | $1,111,000 | $12,965 |
| 2018 | $385,000 | $660,000 | $1,045,000 | $12,697 |
| 2016 | $382,000 | $606,000 | $988,000 | $12,409 |
| 2015 | $390,000 | $524,000 | $914,000 | $11,791 |
| 2014 | $390,000 | $450,000 | $840,000 | $11,340 |
| 2006 | $423,000 | $430,000 | $853,000 | $8,880 |
| 2005 | $407,000 | $399,000 | $806,000 | $8,616 |
| 2004 | $401,000 | $399,000 | $800,000 | $8,568 |
| 2003 | $443,000 | $380,000 | $823,000 | $8,872 |
Property facts
Year built
2024
Property type
single_family
Stories
—
Beds
6
Baths
7
Living area
8,100 sqft
Lot size
20,909 sqft
ZIP code
02478
City
Belmont
Street
Wellesley Rd
Coordinates
42.40833, -71.18420
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 38 Wellesley Rd last sell?
38 Wellesley Rd most recently sold on Feb 1, 2023 for $1,500,000.
What is the current tax assessment for 38 Wellesley Rd?
The most recent total assessment for 38 Wellesley Rd (year 2025) is $4,020,000 with $45,788 in property tax.
How does 38 Wellesley Rd's assessment compare to its last sale price?
The current assessment is 168.0% above the last sale price of $1,500,000.
When was 38 Wellesley Rd built?
38 Wellesley Rd was built in 2024.
How does 38 Wellesley Rd compare to others on Wellesley Rd?
We track 3 other properties on Wellesley Rd. Browse the list under "Other properties on Wellesley Rd" to compare beds, baths, and sale history.
What are the property facts for 38 Wellesley Rd?
38 Wellesley Rd is a 6 bed, 7 bath, 8,100 sqft, 20,909 sqft lot single_family.
Is 38 Wellesley Rd a flip candidate?
No — 38 Wellesley Rd does not appear in our flips dataset.
Is 38 Wellesley Rd a tax-appeal candidate?
Yes — 38 Wellesley Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q2
$1.2M
2026 Q3
$1.16M
ZIP 02478 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wellesley Rd