Jul 25, 2025
COMPARATIVE MARKET ANALYSIS 18 Columbia St
Maura Dolan Managing Director maura.dolan@compass.com 617.448.1346
Beyond Boston Properties beyondboston@compass.com 617.383.7810
Subject property
Wellesley, MA 02481
18 Columbia St
TRANSACTION INFORMATION
Original Listing Price -
Last Asking Price -
Closing Price -
PPSF -
Bedrooms 2
Baths 1
Square Feet 1,344
HOA Fees -
Year Built -
Listed Date -
LISTING DESCRIPTION
Contract Date -
Sold Date -
DOM - Days on Market -
Location of comparables
Jul 25, 2025
2
3
5
1
4
Map data ©2025 Google Report a map error
ADDRESS
STATUS
BEDS BATHS SQFT
PRICE
$/SQFT DOM
1 12 Stonecleve Road
PENDING
2
2
1302
$895,000
$687
117
2 6 Intervale Road
SOLD
2
1
990
$950,000
$960
3
3 24 Edgemoor Avenue
SOLD
2
1
1317
$857,000
$651
17
4 22 Stonecleve Road
SOLD
3
1
1367
$856,000
$626
180
5 41 Park Avenue
SOLD
2
1.5
1000
$885,000
$885
81
Side-by-Side Comparison
Jul 25, 2025
SUBJECT 18 Columbia St, Wellesley, MA 02481
COMP #1 12 Stonecleve Rd, Wellesley, MA 02482
COMP #2 6 Intervale Rd, Wellesley, MA 02481
COMP #3 24 Edgemoor Ave, Wellesley, MA 02482
ADDRESS
STATUS
-
UNDER AGREEMENT
SOLD
SOLD
2
2
2
2
BEDROOMS
1
2
1
1
BATHS
1,344
1,302
990
1,317
SQUARE FEET
-
$687
$960
$651
PPSF
ORIGINAL LISTING PRICE
-
$979,000
$875,000
$899,000
-
$895,000
$875,000
$899,000
LAST ASKING PRICE
-
-
$950,000
$857,000
CLOSING PRICE
-
-
-
-
HOA FEES
-
-
-
-
CONDO/CO-OP FEES
-
$8786 / Yr
$9150 / Yr
$999 / Yr
TAXES
-
Mar 26, 2025
Jul 17, 2024
Mar 30, 2025
LISTED DATE
Side-by-Side Comparison
Jul 25, 2025
SUBJECT 18 Columbia St, Wellesley, MA 02481
COMP #1 12 Stonecleve Rd, Wellesley, MA 02482
COMP #2 6 Intervale Rd, Wellesley, MA 02481
COMP #3 24 Edgemoor Ave, Wellesley, MA 02482
ADDRESS
-
Jul 21, 2025
Jul 20, 2024
Apr 02, 2025
CONTRACT DATE
-
-
Oct 25, 2024
Apr 30, 2025
SOLD DATE
DOM - DAYS ON MARKET
-
117
3
17
14,622 SF / 0.34 A ... [1]
6,583 SF / 0.15 AC 2,400 SF / 0.06 AC 5,640 SF / 0.13 AC
LOT SIZE
Single Family
Single Family
Single Family
Single Family
PROPERTY TYPE
-
1919
1959
1935
YEAR BUILT
[1] 14,622 SF / 0.34 AC
Side-by-Side Comparison
Jul 25, 2025
SUBJECT 18 Columbia St, Wellesley, MA 02481
COMP #4 22 Stonecleve Rd, Wellesley, MA 02482
COMP #5 41 Park Ave, Wellesley, MA 02481
ADDRESS
STATUS
-
SOLD
SOLD
2
3
2
BEDROOMS
1
1
1.5
BATHS
1,344
1,367
1,000
SQUARE FEET
-
$626
$885
PPSF
ORIGINAL LISTING PRICE
-
$1,025,000
$1,050,000
-
$980,000
$899,000
LAST ASKING PRICE
-
$856,000
$885,000
CLOSING PRICE
-
-
-
HOA FEES
-
-
-
CONDO/CO-OP FEES
-
$9994 / Yr
$9284 / Yr
TAXES
-
Jul 31, 2024
Aug 13, 2024
LISTED DATE
Side-by-Side Comparison
Jul 25, 2025
SUBJECT 18 Columbia St, Wellesley, MA 02481
COMP #4 22 Stonecleve Rd, Wellesley, MA 02482
COMP #5 41 Park Ave, Wellesley, MA 02481
ADDRESS
-
Jan 27, 2025
Nov 02, 2024
CONTRACT DATE
-
Mar 21, 2025
Dec 02, 2024
SOLD DATE
DOM - DAYS ON MARKET
-
180
81
6,583 SF / 0.15 AC 6,382 SF / 0.15 AC 3,034 SF / 0.07 AC
LOT SIZE
Single Family
Single Family
Single Family
PROPERTY TYPE
-
1930
1918
YEAR BUILT
Comparable property #1
Wellesley, MA 02482
12 Stonecleve Rd
TRANSACTION INFORMATION
UNDER AGREEMENT
⬇ $25,000 (6/2)
Original Listing Price $979,000
Last Asking Price $895,000
Closing Price -
PPSF $687
Bedrooms 2
Baths 2
Square Feet 1,302
HOA Fees -
Year Built 1919
Listed Date Mar 26, 2025
Listing description
Contract Date Jul 21, 2025
Charming sun-filled 2 bed, 2 bath bungalow ideally situated across from protected conservation land, offering privacy and stunning natural views. Enjoy peaceful mornings and sunsets overlooking Morse Pond from your porch or welcoming family room. This thoughtfully designed home features an open-concept layout, a bright kitchen with ample cabinetry, and an open dining area perfect for entertaining. The primary suite offers a private bath and serene views. A second bedroom and full bath downstairs provide comfortable accommodations for guests or a home office. Outside, the patio is ideal for relaxing alongside a yard ready for gardening, with nature trails and water access just steps away. Enjoy year- round beauty in this quiet, sought-after location while being close to shops, dining, and all amenities. A rare opportunity to own a slice of tranquility with picturesque pond views.
Sold Date -
DOM - Days on Market 117
Comparable property #1
Wellesley, MA 02482
12 Stonecleve Rd
TRANSACTION INFORMATION
AGENT NOTES
This property has comparable square footage, but one additional bath. This is an excellent example of pricing too high. This listing started at $979,000 and had two price reductions and sat on the market for 117 days. The market has shifted and buyers are more reluctant to overpay for a property due to interest rates and the cost of renovations that have gone significantly higher in the past year.
Original Listing Price $979,000
Last Asking Price $895,000
Closing Price -
PPSF $687
Listed Date Mar 26, 2025
Contract Date Jul 21, 2025
Sold Date -
DOM - Days on Market 117
Comparable property #1
12 Stonecleve Rd
Comparable property #2
Wellesley, MA 02481
6 Intervale Rd
TRANSACTION INFORMATION
SOLD 10/25/24
SOLD 8.6% ABOVE ASKING
Original Listing Price $875,000
Last Asking Price $875,000
Closing Price $950,000
PPSF $960
Bedrooms 2
Baths 1
Square Feet 990
HOA Fees -
Year Built 1959
Listed Date Jul 17, 2024
Listing description
Contract Date Jul 20, 2024
Cutest darn House in Wellesley! Be prepared to Fall in Love.... This delightful Cape nestled in a quiet Wellesley Farms neighborhood is filled with warmth and character. It was lovingly maintained and cared for by its owner for over 40 years. 2 cozy bedrooms, 1 full bath, fireplaced Living Room, Kitchen and Dining area complete the first floor. 2nd floor presents an amazing opportunity to renovate or expand this semi-finished space. The fenced in yard invites lazy afternoons surrounded by mature plantings and lush greenery. Easy access to all major highways, schools, parks, trails, the beautiful Charles River and the convenient Wellesley Farms Commuter Rail. Ideal for first time homebuyers, contractors or investors to add value by customizing or enhancing the existing space. A Small House with Big Potential!
Sold Date Oct 25, 2024
DOM - Days on Market 3
Comparable property #2
Wellesley, MA 02481
6 Intervale Rd
TRANSACTION INFORMATION
AGENT NOTES
Thie closing price for this property points to the slight uptick we had with the interest rates dipping last Summer/early Fall. Also very smart of the seller to list under $900K, so that the buyers could see the value (location!) of the property versus the objections. Typically, we only use comparable properties that have sold within the past 6 months, but because this property is in the same neighborhood, we felt like it is relevant.
Original Listing Price $875,000
Last Asking Price $875,000
Closing Price $950,000
PPSF $960
Listed Date Jul 17, 2024
Contract Date Jul 20, 2024
Sold Date Oct 25, 2024
DOM - Days on Market 3
Comparable property #2
6 Intervale Rd
Comparable property #3
Wellesley, MA 02482
24 Edgemoor Ave
TRANSACTION INFORMATION
SOLD 4/30/25
SOLD 4.7% BELOW ASKING
Original Listing Price $899,000
Last Asking Price $899,000
Closing Price $857,000
PPSF $651
Bedrooms 2
Baths 1
Square Feet 1,317
HOA Fees -
Year Built 1935
Listed Date Mar 30, 2025
Listing description
Contract Date Apr 02, 2025
RENOVATE or REBUILD on oversized 14,622 sq ft lot in Hardy School district. Current structure is primarily in Natick. Could be renovated/enlarged or replaced. Interior showings can begin next week. If you prefer to rebuild, we can supply demo permit and design sketch for 3600 TLAG fully conforming single family home which includes all the must haves. Proposed new home entirely in Wellesley with deep and flat backyard using land area in Natick. Take advantage of this unique opportunity to move to the NEW HARDY SCHOOL district in Wellesley.
Sold Date Apr 30, 2025
DOM - Days on Market 17
Comparable property #3
Wellesley, MA 02482
24 Edgemoor Ave
TRANSACTION INFORMATION
AGENT NOTES
This property is on a conforming lot, so it does have a greater value to a developer. A developer can build a larger home on a conforming lot, without any additional permitting required, so it is considered more valuable.
Original Listing Price $899,000
Last Asking Price $899,000
Closing Price $857,000
PPSF $651
Listed Date Mar 30, 2025
Contract Date Apr 02, 2025
Sold Date Apr 30, 2025
DOM - Days on Market 17
Comparable property #3
24 Edgemoor Ave
Comparable property #4
Wellesley, MA 02482
22 Stonecleve Rd
TRANSACTION INFORMATION
SOLD 3/21/25
SOLD 16.5% BELOW ASKING
Original Listing Price $1,025,000
Last Asking Price $980,000
Closing Price $856,000
PPSF $626
Bedrooms 3
Baths 1
Square Feet 1,367
HOA Fees -
Year Built 1930
Listed Date Jul 31, 2024
Listing description
Contract Date Jan 27, 2025
Heart of Morses Pond, this fixer-upper has great potential, ideal for builders and developers. This 3-bedroom, 1 bathroom home built in 1930 sits on a generous corner lot. Water views from three sides. The property features a backyard, unique to this Morses Pond neighborhood. Conveniently located to the brand new Hardy Elementary School. Nature trails and pond access just outside your front door.
Sold Date Mar 21, 2025
DOM - Days on Market 180
Comparable property #4
Wellesley, MA 02482
22 Stonecleve Rd
TRANSACTION INFORMATION
AGENT NOTES
This is another example of how important pricing is to listing a property. This property originally listed for $1,025,000 in July 2024, and sat on the market for 180 days. Closing price, at $856,000, is another great example of not over-pricing.
Original Listing Price $1,025,000
Last Asking Price $980,000
Closing Price $856,000
PPSF $626
Listed Date Jul 31, 2024
Contract Date Jan 27, 2025
Sold Date Mar 21, 2025
DOM - Days on Market 180
Comparable property #4
22 Stonecleve Rd
Comparable property #5
Wellesley, MA 02481
41 Park Ave
TRANSACTION INFORMATION
SOLD 12/2/24
SOLD 15.7% BELOW ASKING
Original Listing Price $1,050,000
Last Asking Price $899,000
Closing Price $885,000
PPSF $885
Bedrooms 2
Baths 1.5
Square Feet 1,000
HOA Fees -
Year Built 1918
Listed Date Aug 13, 2024
Listing description
Contract Date Nov 02, 2024
Great condo alternative! Ideally located in Wellesley Hills, within the Hunnewell School District, this updated home with a newer wood shingled exterior and welcoming front porch exudes charm, style and appeal. The first-floor features a comfortable living room with a built-in cabinet, high ceilings, beautiful wood work, hardwood floors, and wonderful natural light. There is a modern and updated kitchen with stainless steel appliances, stone counter tops, half bathroom and direct access to the deck which overlooks the fenced in yard with a newer shed for additional storage. An attractive staircase leads to the second floor with two bedrooms each with their own closet spaces and a fully renovated bathroom with a shower and a Victoria and Albert tub. There is an unfinished lower level with a washer/dryer. This beautiful home is convenient to Wellesley’s shops, restaurants, schools/colleges, the commuter rail, Brook Path and much more. A must see!
Sold Date Dec 02, 2024
DOM - Days on Market 81
Comparable property #5
Wellesley, MA 02481
41 Park Ave
TRANSACTION INFORMATION
AGENT NOTES
Had this seller listed under $900K, we think they could have potentially closed at a higher price. 81 days on market is tough. Buyers really discount a property's value with longer days on market. We are also seeing that buyers have been reluctant to offer a lower price for a property (when a home is newly listed) if they think the list price is too high. This reluctance has been happening throughout 2025.
Original Listing Price $1,050,000
Last Asking Price $899,000
Closing Price $885,000
PPSF $885
Listed Date Aug 13, 2024
Contract Date Nov 02, 2024
Sold Date Dec 02, 2024
DOM - Days on Market 81
Comparable property #5
41 Park Ave
Price & size
Jul 25, 2025
$960K
2
$932K
$903K
1
5
$875K
3
4
$847K
942
1,062
1,181
1,300
1,419
Square Feet
ADDRESS
STATUS
BEDS BATHS SQFT
PRICE
$/SQFT DOM
1 12 Stonecleve Road
PENDING
2
2
1302
$895,000
$687
2 6 Intervale Road
SOLD
2
1
990
$950,000
$960
3 24 Edgemoor Avenue
SOLD
2
1
1317
$857,000
$651
4 22 Stonecleve Road
SOLD
3
1
1367
$856,000
$626
5 41 Park Avenue
SOLD
2
1.5
1000
$885,000
$885
Price & days on market
Jul 25, 2025
$960K
2
$938K
$915K
1
$892K
5
$869K
3
4
$847K
0
42
83
125
166
208
Days on Market
ADDRESS
STATUS
BEDS BATHS SQFT
PRICE
$/SQFT DOM
1 12 Stonecleve Road
PENDING
2
2
1302
$895,000
$687
117
2 6 Intervale Road
SOLD
2
1
990
$950,000
$960
3
3 24 Edgemoor Avenue
SOLD
2
1
1317
$857,000
$651
17
4 22 Stonecleve Road
SOLD
3
1
1367
$856,000
$626
180
5 41 Park Avenue
SOLD
2
1.5
1000
$885,000
$885
81
Listing averages
Jul 25, 2025
Bed
Bath
SqFt
Lot Size 6,416 SqFt
Price
DOM
$/SqFt
2.2
1.3
1,195
$888,600
80
$762
2
Median: $885,000
1
5
43
Lowest $856,000
Average $888,600
Highest $950,000
ADDRESS
STATUS
BEDS BATHS SQFT
PRICE
$/SQFT DOM
1 12 Stonecleve Road
PENDING
2
2
1302
$895,000
$687
117
2 6 Intervale Road
SOLD
2
1
990
$950,000
$960
3
3 24 Edgemoor Avenue
SOLD
2
1
1317
$857,000
$651
17
4 22 Stonecleve Road
SOLD
3
1
1367
$856,000
$626
180
5 41 Park Avenue
SOLD
2
1.5
1000
$885,000
$885
81
Suggested listing price
Jul 25, 2025
Price estimate for 18 Columbia St
$875,000 - $925,000
Sold listing average (4)
$887,000 $759 Per Sq Ft 70 Days on Market
Pending listing average (1) $895,000 $687 Per Sq Ft 117 Days on Market
* This represents an estimated sale price for this property. It's not the same as opinion of value in appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal practice. The information contained herein is derived from the local MLS and does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. Changes in price, condition, sale, or withdrawal may be made without notice. All measurements and square footage are approximate. This is not intended to solicit property already listed. Compass is a licensed real estate broker. Equal Housing Opportunity. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient.
I would love to work with you!
Thank you for the opportunity to list your home - when you’re ready, we’ll send over a marketing plan and contract for you to sign. Talk soon!
Maura Dolan
Beyond Boston Properties
Managing Director maura.dolan@compass.com 617.448.1346
beyondboston@compass.com 617.383.7810
Jul 25, 2025
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