NOT LISTED FOR SALE

131 Locust Ln Needham, MA 02492

Estimated Value: $1,619,000 - $2,034,000

4 Beds
3 Baths
4,100 Sq Ft
$449/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $1,450,000 $354 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,814/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Security Service
  • Newman Elementary School Rated A
  • Attic
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

This fabulous property is located at the end of a wonderful cul-de-sac street abutting miles of conservation trails and direct access to Sabrina Lake. 12 inviting rooms including 4 bedrooms and 3 baths. Spacious and open living with a large dining room and living room. The island kitchen opens into a bright family room with built-ins and overlooks a lush landscaped yard with many specimen trees. A Master Suite with vaulted ceiling sitting area, large walk in closet, bath, access to private finished loft library area, and a large office with twin custom built in work stations with ample file space. The lower level offers so much space - a bonus room with fireplace, a playroom, an impressive great room with back staircase, large sliders to a huge deck made of unique Brazilian Walnut, outdoor gas grilling area and bar - great for entertaining. Central air, generator, irrigation system. Live like you're on vacation in your own back yard. A dream come true!

Last Listed By

Ned Mahoney

eXp Realty Listed on: 06/17/2021

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,832

Year Built

  • Built in 1976

Lot Details

  • Year Round Access
  • Property is zoned SRA

Parking

  • 2 Car Garage

Kitchen

  • Range
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck

Schools

  • Needham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Attic
  • Basement

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,832

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary, Raised Ranch
  • Year Built Description: Actual
  • List Price Per Sq Ft: 353.41
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1976
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available, Walk-up Attic
  • Appliances: Range, Disposal, Refrigerator
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Flooring - Hardwood
  • Bedroom 4: On Level: Basement, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Tiled With Tub
  • Bathroom 2: On Level: First Floor, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall
  • Bathroom 3: On Level: Basement, Bathroom - Tiled With Tub
  • No Rooms: 12
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Family Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Kitchen Island
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Finished, Walk Out, Garage Access
  • Other Room 1: Name: Loft, On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Other Room 2: Name: Office, On Level: Second Floor, Flooring - Wood
  • Other Room 3: Name: Play Room, On Level: Basement, Flooring - Stone/Ceramic Tile
  • Other Room 4: Name: Great Room, On Level: Basement, Flooring - Wall to Wall Carpet
  • Main Lo: BB3351
  • Main So: M59500
  • Estimated Sq Ft: 4100.00

Exterior Features

  • Waterfront: Lake, Direct Access
  • Waterfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Schools

  • Elementary School: Newman
  • Middle School: Pollard
  • High School: Needham High

Lot Info

  • Assessments: 1025100.00
  • Acre: 1.16
  • Lot Size: 50500.00
  • Page: 249
  • Zoning: SRA
  • Lot Description: Wooded, Paved Drive, Level, Scenic View(s)

Tax Info

  • Taxes: 13357.05
  • Assessor Parcel Number: 146487
  • Tax Year: 2021

MLS Schools

  • Grade School: Newman
  • High School: Needham High
  • Middle School: Pollard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 11, 2021
Sold by
Korngold Adam M and Korngold Elizabeth K
Bought by
Dannenberg Ft
Seller's Agent
Ned Mahoney
eXp Realty
Buyer's Agent
Christine Norcross
William Raveis R.E. & Home Services
List Price
$1,449,000
Sold Price
$1,450,000
Premium/Discount to List
$1,000
0.07%
Total Days on Market
12
Current Estimated Value
$1,839,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,035
Avg. Annual Appreciation
6.60%
Original Mortgage
$650,000
Outstanding Balance
$593,105
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,245,930

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 27, 2013
Sold by
Locust Lane Rt
Bought by
Korngold Adam M and Korngold Elizabeth K
Seller's Agent
Jacqueline Sandler
Louise Condon Realty
Buyer's Agent
Carole White
Carole White Associates
List Price
$1,100,000
Sold Price
$969,000
Premium/Discount to List
-$131,000
-11.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$680,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1993
Sold by
Wittels Mark I and Wittels Carol P
Bought by
Hallett Ronald H and Halett Candace J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Dannenberg Ft $1,450,000 None Available
Korngold Adam M $969,000 --
Korngold Adam M $969,000 --
Hallett Ronald H $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dannenberg Ft $650,000
Previous Owner Korngold Adam M $680,000
Previous Owner Locust Lane Rt $500,000
Previous Owner Hallett Ronald H $322,000
Previous Owner Hallett Ronald H $367,000
Previous Owner Hallett Ronald H $375,000
Previous Owner Hallett Ronald H $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $1,450,000 +0.1% $354 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,449,000 +49.5% $353 / Sq Ft
12/27/2013 12/27/13 Sold $969,000 0.0% $237 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
11/11/2013 11/11/13 Off Market $969,000 -- --
10/25/2013 10/25/13 Price Changed $979,000 -2.1% $239 / Sq Ft
10/01/2013 10/01/13 Price Changed $999,900 -7.0% $244 / Sq Ft
09/11/2013 09/11/13 Price Changed $1,075,000 -2.3% $262 / Sq Ft
08/01/2013 08/01/13 For Sale $1,100,000 -- $269 / 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 $18,832 $1,776,600 $920,600 $856,000
2024 $18,561 $1,482,500 $736,000 $746,500
2023 $18,410 $1,411,800 $736,000 $675,800
2022 $16,084 $1,203,000 $563,500 $639,500
2021 $13,357 $1,025,100 $455,500 $569,600
2020 $12,900 $1,032,800 $455,600 $577,200
2019 $12,706 $1,025,500 $455,600 $569,900
2018 $12,183 $1,025,500 $455,600 $569,900
2017 $11,293 $949,800 $455,600 $494,200
2016 $11,022 $955,100 $455,600 $499,500
2015 $10,783 $955,100 $455,600 $499,500
2014 $10,456 $898,300 $455,600 $442,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851866

MLS Property Information Network (MLS PIN)

APN: NEED-000223-000048