NOT LISTED FOR SALE

28 Mercer Rd Needham Heights, MA 02494

Estimated Value: $1,783,000 - $2,189,000

5 Beds
4 Baths
3,944 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $1,160,000 $294 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $11,623/month

24 Days on Market

About This Home

As of April 2016

This Second Empire antique colonial, sited on a private road in desirable Needham Heights neighborhood, complete rehab. The Alfred John Mercer House was designed and built by architect Otis E. Brown in 1871 on a gently sloping lot at what was then known as 336 Webster Street. It features a decorative shingled roof, five bedrooms, three and one half baths, expansive rooms w/10' ceilings, hardwood floors , detailed staircases, porch, patio and a two car garage . Close to everything ! Complete remodel from the studs in and foundation up... New windows ,roof, siding , gas furnace /appliances , AC , open floor plan chef's kitchen , 3rd floor master suite/spa with custom walk in closet and spa like bath. Own a piece of History with all of the modern features of a new build!

Last Agent to Sell the Property

Timothy Skelly

Cape and Islands Realty Advisors Inc. Listed on: 01/15/2016

Last Buyer's Agent

Timothy Skelly

Cape and Islands Realty Advisors Inc. Listed on: 01/15/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Apr 8, 2016
Sold by
1 Needham Rt
Bought by
Loveland Benjamin and Ma Caroline
Seller's Agent
Timothy Skelly
Cape and Islands Realty Advisors Inc.
Buyer's Agent
Timothy Skelly
Cape and Islands Realty Advisors Inc.
List Price
$1,189,000
Sold Price
$1,160,000
Premium/Discount to List
-$29,000
-2.44%
Total Days on Market
24
Current Estimated Value
$1,929,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,730
Avg. Annual Appreciation
5.80%
Original Mortgage
$812,000
Outstanding Balance
$639,481
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$1,306,204

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jul 24, 2014
Sold by
28 Mercer Rd Rt and Proietta Joseph M
Bought by
1 Needham Rt and Devine Joseph
Seller's Agent
Judy Downes
William Raveis R.E. & Home Services
Buyer's Agent
Timothy Skelly
Cape and Islands Realty Advisors Inc.
List Price
$650,000
Sold Price
$560,000
Premium/Discount to List
-$90,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.09%
Original Mortgage
$650,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2014
Sold by
Otoole M E
Bought by
28 Mercer Road Rt and Otoole M E
Source: Public Records

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Range of Values:

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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
Loveland Benjamin $1,160,000 --
1 Needham Rt $560,000 --
28 Mercer Road Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveland Benjamin $812,000
Previous Owner 1 Needham Rt $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $1,160,000 -2.4% $294 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $1,189,000 0.0% $301 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $1,189,000 +112.3% $301 / Sq Ft
07/24/2014 07/24/14 Sold $560,000 0.0% $145 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
06/25/2014 06/25/14 Off Market $560,000 -- --
06/14/2014 06/14/14 Price Changed $579,000 -10.9% $150 / Sq Ft
06/01/2014 06/01/14 For Sale $650,000 -- $168 / 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 $16,588 $1,564,900 $747,700 $817,200
2024 $17,250 $1,377,800 $534,100 $843,700
2023 $17,038 $1,306,600 $534,100 $772,500
2022 $16,171 $1,209,500 $468,500 $741,000
2021 $15,760 $1,209,500 $468,500 $741,000
2020 $14,971 $1,198,600 $469,000 $729,600
2019 $14,219 $1,147,600 $426,400 $721,200
2018 $13,633 $1,147,600 $426,400 $721,200
2017 $13,951 $1,173,300 $426,400 $746,900
2016 $6,992 $605,900 $426,400 $179,500
2015 $6,841 $605,900 $426,400 $179,500
2014 $6,467 $555,600 $387,600 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71949065

MLS Property Information Network (MLS PIN)

APN: NEED-000068-000056