NOT LISTED FOR SALE

25 Rae Ave Needham, MA 02492

Estimated Value: $2,553,184 - $3,078,000

6 Beds
6 Baths
5,200 Sq Ft
$522/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $1,755,275 $338 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $16,780/month

152 Days on Market

About This Home

As of March 2018

Gorgeous new construction in premier Needham location! Quiet street in fabulous neighborhood. Easy walk to Mitchell School, High School, and train. Exceptional floor plan with four finished floors boasts detailed moldings and premier finishes throughout. First floor includes 9' ceilings, LR, DR, mudroom, private office and half bath. Chef's kitchen with custom cabinets and large island opens up into spacious family room with gas fireplace and built-ins. 5 large bedrooms and 3 full baths make up the 2nd floor. Bright master bedroom suite includes large bedroom, huge closet and luxurious bath with diamond cut marble. Walk up 3rd floor and finished basement both have full bathrooms and multiple rooms to allow for guests, au pair space, kids playroom, exercise area and/or home theater. Level lot with mature trees.

Last Agent to Sell the Property

Suzanne Doisneau

Tower Hill Real Estate Listed on: 08/30/2017

Last Buyer's Agent

Holly Ritchie

Coldwell Banker Realty - Weston License #449542972

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,092

Year Built

2017

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual, Under Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 15
  • Flooring: Wall to Wall Carpet, Marble, Hardwood
  • Insulation: Fiberglass, Foam
  • Basement: Full, Finished
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor
  • No Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Oth1 Room Name: Bathroom
  • Oth1 Dscrp: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Oth3 Room Name: Office
  • Oth3 Dscrp: Flooring - Hardwood
  • Oth4 Room Name: Game Room
  • Oth4 Dscrp: Flooring - Wall to Wall Carpet
  • Oth5 Room Name: Exercise Room
  • Oth5 Dscrp: Flooring - Wall to Wall Carpet
  • Oth6 Room Name: Office
  • Oth6 Dscrp: French Doors
  • Main Lo: A95538
  • Main So: K95001
  • Estimated Sq Ft: 5200.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Patio
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 5
  • Heat Zones: 5
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:027.0 B:0078 L:0000.0
  • Zoning: SRB
  • Acre: 0.21
  • Lot Size: 9000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Mar 7, 2018
Sold by
Tower Hill Builders In
Bought by
Drollette David R and Drollette Kristen R
Seller's Agent
Suzanne Doisneau
Tower Hill Real Estate
Buyer's Agent
Holly Ritchie
Coldwell Banker Realty - Weston
List Price
$1,829,000
Sold Price
$1,755,275
Premium/Discount to List
-$73,725
-4.03%
Current Estimated Value
$2,716,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$961,021
Avg. Annual Appreciation
5.63%
Original Mortgage
$1,000,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2017
Sold by
Taylor Janet E
Bought by
Tower Hill Builders In

Purchase Details

Closed on
Apr 14, 2008
Sold by
Taylor Jeffrey and Taylor Janet E
Bought by
Taylor Janet E

Purchase Details

Closed on
May 4, 2001
Sold by
Tranfaglia R and Tranfaglia Robert J
Bought by
Taylor Jeffrey and Taylor Janet E
Source: Public Records

Range of Values:

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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
Drollette David R $1,755,275 --
Tower Hill Builders In $715,000 --
Taylor Janet E -- --
Taylor Jeffrey $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drollette David R $961,000
Closed Drollette David R $1,000,000
Previous Owner Tranfaglia Richard M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $1,755,275 -2.2% $338 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $1,795,000 +0.3% $345 / Sq Ft
01/18/2018 01/18/18 Price Changed $1,789,000 +0.6% $344 / Sq Ft
11/29/2017 11/29/17 Price Changed $1,779,000 -1.1% $342 / Sq Ft
10/12/2017 10/12/17 Price Changed $1,799,000 -1.1% $346 / Sq Ft
10/05/2017 10/05/17 Price Changed $1,819,000 -0.5% $350 / Sq Ft
08/30/2017 08/30/17 For Sale $1,829,000 -- $352 / 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 $24,092 $2,272,800 $787,000 $1,485,800
2024 $25,367 $2,026,100 $579,400 $1,446,700
2023 $22,714 $1,741,900 $579,400 $1,162,500
2022 $21,540 $1,611,100 $512,700 $1,098,400
2021 $20,993 $1,611,100 $512,700 $1,098,400
2020 $19,958 $1,597,900 $513,000 $1,084,900
2019 $18,903 $1,525,700 $466,400 $1,059,300
2018 $14,304 $1,204,000 $466,400 $737,600
2017 $8,312 $699,100 $466,400 $232,700
2016 $8,068 $699,100 $466,400 $232,700
2015 $7,893 $699,100 $466,400 $232,700
2014 $7,154 $614,600 $388,700 $225,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72220770

MLS Property Information Network (MLS PIN)

APN: NEED-000027-000078