NOT LISTED FOR SALE

124 Edgewater Dr Needham, MA 02492

Estimated Value: $1,699,000 - $1,948,000

4 Beds
3 Baths
2,532 Sq Ft
$706/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $1,150,000 $454 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,707/month

122 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • French Doors
  • Newman Elementary School Rated A
  • Wood Flooring
  • Central Air

About This Home

As of July 2020

Welcome home to this beautifully designed home nestled on 1.44 acre lot in one of Needham's most sought after neighborhoods. Wake up everyday to the mesmerizing water views, tranquil sounds of nature and enjoy the ever changing landscape from almost every room. This captivating home offers distinguished living room with cathedral ceiling and fireplace, first floor family room, newer kitchen with granite counters and 4 well appointed bedrooms, plus den and lower level playroom. Meticulously and lovingly maintained with many thoughtful updates including new furnace, hot water heater, roof and extensive landscaping. Sited on spectacular, private lot in cul de sac location yet convenient to highways, schools and town center. A wonderful combination of elegance, quality and lifestyle.

Last Agent to Sell the Property

Zina DeLanders

William Raveis R.E. & Home Services Listed on: 01/16/2020

William Raveis R.E. & Home Services

Last Buyer's Agent

Rebecca Cirel

Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Property is zoned SRA

Parking

  • 2 Car Garage

Interior Spaces

  • French Doors
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:201.0 B:0012 L:0000.0

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Multi-Level
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 489.34
  • Comp Based On: Net Sale Price
  • Year Built: 1959
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Stone / Slate
  • Interior Amenities: Cable Available, French Doors
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 17X14, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Bedroom 2: On Level: Second Floor, Dimension: 17X10, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X12, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 12X10, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: First Floor
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 12X12, Flooring - Hardwood, Window(s) - Picture
  • Family Room: On Level: First Floor, Dimension: 18X14, Flooring - Hardwood, Window(s) - Picture, French Doors
  • Kitchen: On Level: First Floor, Dimension: 15X12, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 26X15, Fireplace, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
  • Basement: Y
  • Basement Features: Full, Partially Finished, Sump Pump
  • Other Room 1: Name: Den, On Level: First Floor, Dimension: 18X13, Flooring - Wood
  • Other Room 2: Name: Game Room, On Level: Basement, Dimension: 24X14, Fireplace
  • Main Lo: M59500
  • Main So: AN1593
  • Estimated Sq Ft: 2532.00

Exterior Features

  • Waterfront: River
  • Waterfront Flag: Yes
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck, Gutters, Professional Landscaping
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 8
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Highway Access, Private School, Public School, T-Station

Lot Info

  • Assessments: 1138900.00
  • Acre: 1.44
  • Lot Size: 62726.00
  • Page: 584
  • Parcel Number: M:201.0 B:0012 L:0000.0
  • Zoning: SRA
  • Lot Description: Paved Drive, Level, Scenic View(s)

Tax Info

  • Taxes: 14111.00
  • Assessor Parcel Number: 145591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jun 25, 2020
Sold by
Chester Swett Jr T
Bought by
Mahr Andrew J and Mahr Julia D
Seller's Agent
Zina DeLanders
William Raveis R.E. & Home Services
Buyer's Agent
Rebecca Cirel
Compass
List Price
$1,239,000
Sold Price
$1,150,000
Premium/Discount to List
-$89,000
-7.18%
Current Estimated Value
$1,801,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,949
Avg. Annual Appreciation
8.37%
Original Mortgage
$920,000
Outstanding Balance
$815,795
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$971,719

Purchase Details

Closed on
Jan 6, 2011
Sold by
Swett Chester and Swett Jane W
Bought by
Chester Swett Jr T and Swett Chester

Purchase Details

Closed on
Dec 3, 1998
Sold by
Lavoie Gilbert R and Lavoie Bonnie B
Bought by
Swett Chester and Swett Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mahr Andrew J $1,150,000 None Available
Chester Swett Jr T -- --
Swett Chester $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahr Andrew J $920,000
Previous Owner Swett Chester $155,000
Previous Owner Swett Chester $150,000
Previous Owner Swett Chester $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $1,150,000 -7.2% $454 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,239,000 +7.7% $489 / Sq Ft
03/26/2020 03/26/20 Off Market $1,150,000 -- --
03/12/2020 03/12/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,239,000 -- $489 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,530 $1,465,100 $1,052,000 $413,100
2024 $14,561 $1,163,000 $737,400 $425,600
2023 $14,690 $1,126,500 $737,400 $389,100
2022 $14,851 $1,110,800 $737,400 $373,400
2021 $14,474 $1,110,800 $737,400 $373,400
2020 $14,346 $1,148,600 $737,400 $411,200
2019 $14,111 $1,138,900 $737,400 $401,500
2018 $13,530 $1,138,900 $737,400 $401,500
2017 $12,965 $1,090,400 $737,400 $353,000
2016 $12,628 $1,094,300 $737,400 $356,900
2015 $12,355 $1,094,300 $737,400 $356,900
2014 $12,576 $1,080,400 $737,400 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72608491

MLS Property Information Network (MLS PIN)

APN: NEED-000201-000012