T
Seller's Agent in 2016
Timothy Skelly
Cape and Islands Realty Advisors Inc.
(508) 360-1488
48 Total Sales
28 Mercer Rd Needham Heights, MA 02494
8
Beds
2
Baths
3,863
Sq Ft
7,405
Sq Ft Lot
About This Home
As of April 2016This Second Empire antique colonial, sited on a private road in desirable Needham Heights neighborhood, needs complete gut rehab and restoration. The Alfred John Mercer House was designed & 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 slate roof, 8 bedrooms, two baths, very lge. rms. w/10' ceilings, hardwood fls, front & rear interior staircases, two enclosed & one screened porch, patio and a two car garage. Convenient location, close to schools, shopping and commuter routes. Property is not habitable and is not eligible for conventional financing. It is being sold "as is." Buyers please use due diligence. Accompanied showings with 24 hour+advance notice please.
Last Agent to Sell the Property
Judy Downes
William Raveis R.E. & Home Services License #449534527 Listed on: 06/01/2014
Home Details
Home Type
Single Family
Est. Annual Taxes
$16,588
Year Built
1871
Lot Details
0
Listing Details
- Lot Description: Gentle Slope
- Special Features: None
- Property Sub Type: Detached
- Year Built: 1871
Interior Features
- Has Basement: Yes
- Fireplaces: 2
- Number of Rooms: 12
- Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School
- Electric: 110 Volts, Knob & Tube Wiring, Fuses, Circuit Breakers
- Energy: Storm Windows
- Flooring: Wood, Vinyl, Hardwood, Pine
- Basement: Full, Interior Access, Bulkhead, Concrete Floor
- Bedroom 2: Second Floor, 14X15
- Bedroom 3: Second Floor, 13X15
- Bedroom 4: Second Floor, 10X12
- Bedroom 5: Second Floor, 14X16
- Bathroom #1: Third Floor, 6X8
- Bathroom #2: Third Floor, 6X8
- Bathroom #3: Third Floor
- Kitchen: First Floor, 13X16
- Laundry Room: First Floor, 8X9
- Living Room: First Floor, 14X19
- Master Bedroom: Second Floor, 14X16
- Dining Room: First Floor, 14X16
- Family Room: First Floor, 14X15
Exterior Features
- Frontage: 75
- Construction: Frame
- Exterior: Aluminum, Vinyl
- Exterior Features: Porch - Enclosed, Patio
- Foundation: Fieldstone
Garage/Parking
- Garage Parking: Detached
- Garage Spaces: 2
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Heat Zones: 2
- Hot Water: Electric
- Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
Condo/Co-op/Association
- HOA: No
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,142
Avg. Annual Appreciation
5.58%
Original Mortgage
$812,000
Outstanding Balance
$639,481
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$1,285,368
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $1,160,000 | -- | |
| Deed | $560,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $812,000 | Unknown | |
| Previous Owner | $650,000 | Purchase Money Mortgage |
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
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
-
-
J
Seller's Agent in 2014
Judy Downes
William Raveis R.E. & Home Services
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71691110
APN: NEED-000068-000056
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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