161 Melrose Ave Needham, MA 02492
Estimated Value: $2,492,000 - $3,208,000
6
Beds
7
Baths
5,900
Sq Ft
$490/Sq Ft
Est. Value
About This Home
This home is located at 161 Melrose Ave, Needham, MA 02492 and is currently estimated at $2,890,241, approximately $489 per square foot. 161 Melrose Ave is a home located in Norfolk County with nearby schools including Mitchell Elementary School, High Rock Middle School, and Pollard Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2025
Sold by
161 Melrose Llc
Bought by
Percival John and Percival Alyssa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,462,625
Outstanding Balance
$2,445,623
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,618
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Percival John | $3,283,500 | None Available | |
| Percival John | $3,283,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Percival John | $2,462,625 | |
| Closed | Percival John | $2,462,625 |
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 | $8,960 | $845,300 | $791,200 | $54,100 |
| 2024 | $9,218 | $736,300 | $574,600 | $161,700 |
| 2023 | $9,446 | $724,400 | $574,600 | $149,800 |
| 2022 | $9,037 | $675,900 | $532,100 | $143,800 |
| 2021 | $8,807 | $675,900 | $532,100 | $143,800 |
| 2020 | $8,442 | $675,900 | $532,100 | $143,800 |
| 2019 | $7,729 | $623,800 | $483,700 | $140,100 |
| 2018 | $7,411 | $623,800 | $483,700 | $140,100 |
| 2017 | $7,239 | $608,800 | $483,700 | $125,100 |
| 2016 | $7,026 | $608,800 | $483,700 | $125,100 |
| 2015 | $6,873 | $608,800 | $483,700 | $125,100 |
| 2014 | $6,286 | $540,000 | $420,600 | $119,400 |
Source: Public Records
Map
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