NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,487,731

6 Beds
4 Baths
2,793 Sq Ft
$486/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $755,000 $270 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,914/month

88 Days on Market

About This Home

As of July 2015

Excellent opportunity to own a well maintained investment property in Needham. Two family home in prime location within walking distance to shopping area, commuter rail, as well as easy access to major highway.Each unit features a kitchen, dining room, living room and half bath on first floor. Second floor features three bedrooms and a full bath.Laundry facilities are available in the basement. Nice yard for outdoor activities. Both units are currently rented and are tenant at will. Property can be delivered vacant.

Last Listed By

Antonio Manzon

Louise Condon Realty License #449514525 Listed on: 03/05/2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,629

Year Built

1969

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Vinyl

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Brick
  • Exterior: Shingles, Wood, Brick
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Utility Connections: for Gas Dryer, for Electric Dryer

Schools

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

Lot Info

  • Assessor Parcel Number: M:0770003400000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Krishnan Lakshmanan and Narasimhan Gayathridevi
Bought by
L K & G Narasimhan Lt
Total Days on Market
88
Current Estimated Value
$1,357,933

Purchase Details

Closed on
Jul 8, 2016
Sold by
N Shore Residential De
Bought by
Krishnan Lakshmanan and Narasimhan Gayathridevi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 5, 2015
Closed on
Jul 1, 2015
Sold by
Corssinoi Irt
Bought by
North Shore Res Dev In
Seller's Agent
Antonio Manzon
Louise Condon Realty
Buyer's Agent
Catherine O Dea
Quest Real Estate
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,632,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
L K & G Narasimhan Lt -- None Available
L K & G Narasimhan Lt -- None Available
Krishnan Lakshmanan $950,000 --
North Shore Res Dev In $1,510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L Krishnan & G Narasmhan Lt $400,000
Previous Owner Krishnan Lakshmanan $450,000
Previous Owner North Shore Res Dev In $1,632,500
Previous Owner Corssino Rt $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $755,000 +0.7% $270 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $750,000 -- $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 $16,629 $1,568,800 $0 $1,568,800
2024 $14,582 $1,164,700 $0 $1,164,700
2023 $13,207 $1,012,800 $0 $1,012,800
2022 $13,147 $983,300 $0 $983,300
2021 $12,440 $954,700 $0 $954,700
2020 $11,924 $954,700 $0 $954,700
2019 $11,602 $936,400 $0 $936,400
2018 $11,124 $936,400 $0 $936,400
2017 $11,279 $948,600 $0 $948,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71797792

MLS Property Information Network (MLS PIN)

APN: NEED-000077-000034-000020