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39 Elmwood Rd

Wellesley, MA 02481

3 bd 2 ba 1,617 sqft Built 1933 Lot 8,712 sqft single_family
Most recent sale
$1,165,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $1,165,000 MLS #72964257
Apr 7, 2022 Listed $995,000 MLS #72964257
May 18, 2018 Sold $825,000 MLS #72299556
Mar 28, 2018 Listed $900,000 MLS #72299556
Aug 12, 2017 Listing removed $3,600 MLSPIN
Aug 3, 2017 Listing removed $3,600 MLSPIN
Aug 3, 2017 Listed for rent $3,600 MLSPIN
Jun 28, 2017 Listed for rent $3,600 MLSPIN
Jun 6, 2017 Listing removed $3,400 MLSPIN
Jun 5, 2017 Listing removed $3,600 MLSPIN
Apr 21, 2017 Listed for rent $3,600 MLSPIN
Nov 2, 2007 Listing removed $594,900 MLSPIN
Dec 29, 2006 Sold $506,000 MLS #70437593
Aug 9, 2006 Listed $565,000 MLS #70437593
Apr 5, 2006 Listed $594,900 MLS #70361548
Jul 30, 1996 Sold $276,900 Public Record
Jul 1, 1983 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $290,000 $1,006,000 $1,296,000 $13,323
2024 $281,000 $874,000 $1,155,000 $12,024
2023 $173,000 $743,000 $916,000 $10,488
2022 $183,000 $636,000 $819,000 $9,566
2021 $183,000 $636,000 $819,000 $9,623
2020 $183,000 $636,000 $819,000 $9,468
2019 $168,000 $636,000 $804,000 $9,302
2018 $105,000 $622,000 $727,000 $8,688
2017 $82,000 $622,000 $704,000 $8,300
2015 $87,000 $603,000 $690,000 $7,976
2014 $120,000 $477,000 $597,000 $6,889
2006 $137,000 $473,000 $610,000 $5,075
2005 $140,000 $442,000 $582,000 $4,889
2004 $139,000 $406,000 $545,000 $4,665
2003 $139,000 $369,000 $508,000 $4,125

Property facts

Year built
1933
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,617 sqft
Lot size
8,712 sqft
ZIP code
02481
City
Wellesley
Street
Elmwood Rd
Coordinates
42.30957, -71.31218

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,689
Gross rental yield
4.83%
Implied cap rate
3.14%
Trend-extrapolated value

Frequently asked questions

When did 39 Elmwood Rd last sell?
39 Elmwood Rd most recently sold on May 12, 2022 for $1,165,000.
What is the current tax assessment for 39 Elmwood Rd?
The most recent total assessment for 39 Elmwood Rd (year 2025) is $1,296,000 with $13,323 in property tax.
How does 39 Elmwood Rd's assessment compare to its last sale price?
The current assessment is 11.2% above the last sale price of $1,165,000.
When was 39 Elmwood Rd built?
39 Elmwood Rd was built in 1933.
How does 39 Elmwood Rd compare to others on Elmwood Rd?
We track 6 other properties on Elmwood Rd. Browse the list under "Other properties on Elmwood Rd" to compare beds, baths, and sale history.
What are the property facts for 39 Elmwood Rd?
39 Elmwood Rd is a 3 bed, 2 bath, 1,617 sqft, 8,712 sqft lot single_family.
Is 39 Elmwood Rd a flip candidate?
No — 39 Elmwood Rd does not appear in our flips dataset.
Is 39 Elmwood Rd a tax-appeal candidate?
No — 39 Elmwood Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.1%
2026 Q3
$2.95M
2026 Q4
$2.95M
ZIP 02481 — Median Price History + Forecast

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