NOT LISTED FOR SALE

40 Edgewater Ln Needham, MA 02492

Estimated Value: $2,436,000 - $2,789,000

5 Beds
5 Baths
5,172 Sq Ft
$499/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,925,000 $372 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $15,432/month

9 Days on Market

Highlights

  • River View
  • Landscaped Professionally
  • Wood Flooring
  • Newman Elementary School Rated A
  • Deck
  • Enclosed Patio or Porch

About This Home

As of June 2021

Close your eyes and imagine your own private oasis where serenity abounds and warm memories are created. This home is your dream come true. Beautifully nestled on acre lot in one of Needham's most sought after neighborhoods, this magnificent home embraces you from the moment you step in the front door. Enjoy this thoughtfully updated home with 5 bedrooms, 4.5 baths, gourmet kitchen, office, walk out lower level & 1st floor guest suite perfect for au pair . Spacious, sun filled rooms flow seamlessly together with an abundance of windows to capture the stunning property & water views. Nestled on the banks of the Charles River, enjoy all the adventures it offers from canoeing, kayaking, fishing & even a local blue heron. A perfect home to entertain friends, share laughter or just enjoy quiet evenings. A rare, private setting with convenient access to Needham's many amenities. Moments away from town center, restaurants, commuter rail, highway, DeFazio field, and golf course. Welcome home!

Last Agent to Sell the Property

Zina DeLanders

William Raveis R.E. & Home Services Listed on: 03/17/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Tempel Realty Group

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned SRA

Parking

  • 3 Car Garage

Interior Spaces

  • Central Vacuum
  • French Doors
  • River Views
  • Basement

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Needham High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:201.0 B:0022 L:0000.0

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Cape
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 381.86
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1966
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Fireplaces: 3
  • Flooring: Hardwood, Stone / Slate
  • Interior Amenities: Central Vacuum, Security System, Cable Available, French Doors
  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 18X14, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 17X13, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 19X14, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 17X15, Flooring - Hardwood
  • Bedroom 5: On Level: First Floor, Dimension: 17X13, Bathroom - Full, Flooring - Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall
  • No Rooms: 13
  • Dining Room: On Level: First Floor, Dimension: 14X13, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 18X14, Fireplace, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 17X15, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
  • Laundry: On Level: Second Floor, Laundry Sink
  • Living Room: On Level: First Floor, Dimension: 25X14, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Garage Access
  • Other Room 1: Name: Home Office, On Level: First Floor, Dimension: 14X11, Flooring - Hardwood, Main Level, Cabinets - Upgraded
  • Other Room 2: Name: Den, On Level: First Floor, Dimension: 22X11, Flooring - Hardwood
  • Other Room 3: Name: Exercise Room, On Level: Second Floor, Dimension: 22X9, Flooring - Hardwood
  • Other Room 4: Name: Play Room, On Level: Basement, Dimension: 38X14, Flooring - Stone/Ceramic Tile, Exterior Access, Slider
  • Other Room 5: Name: Bathroom, On Level: Basement, Bathroom - Full, Bathroom - With Shower Stall
  • Other Room 6: Name: Bathroom, On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Main Lo: M59500
  • Main So: BB5918
  • Estimated Sq Ft: 5172.00

Exterior Features

  • Waterfront: River
  • Waterfront Flag: Yes
  • Waterview Features: River
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed, Deck, Patio, Professional Landscaping, Sprinkler System
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 3
  • Heating: Forced Air, Hot Water Baseboard, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Highway Access, Private School

Lot Info

  • Assessments: 1415800.00
  • Acre: 1.01
  • Lot Size: 43996.00
  • Parcel Number: M:201.0 B:0022 L:0000.0
  • Zoning: SRA
  • Lot Description: Paved Drive, Cleared

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Tax Info

  • Taxes: 17683.00
  • Assessor Parcel Number: 145601
  • Tax Year: 2020

MLS Schools

  • Grade School: Newman
  • High School: Needham HS
  • Middle School: Pollard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2004
Sold by
Collins Catherine C and Collins Pvincent
Bought by
Susan Hanks Ft and Hanks
Current Estimated Value
$2,580,639

Purchase Details

Closed on
Oct 31, 2003
Sold by
Scott Higgins Revoc R and Scott Higgins
Bought by
Collins P Vincent P and Collins Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Susan Hanks Ft $1,525,000 --
Susan Hanks Ft $1,525,000 --
Collins P Vincent P $335,000 --
Collins P Vincent $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins P Vincent P $461,000
Previous Owner Collins P Vincent $425,000
Previous Owner Collins P Vincent P $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $1,925,000 -2.5% $372 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,975,000 +52.5% $382 / Sq Ft
06/13/2013 06/13/13 Sold $1,295,000 -4.1% $292 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
03/19/2013 03/19/13 Price Changed $1,350,000 -2.1% $305 / Sq Ft
09/12/2012 09/12/12 For Sale $1,379,000 -- $311 / 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 $22,295 $2,103,300 $988,400 $1,114,900
2024 $26,864 $2,145,700 $701,600 $1,444,100
2023 $25,150 $1,928,700 $701,600 $1,227,100
2022 $24,974 $1,867,900 $701,600 $1,166,300
2021 $18,269 $1,402,100 $596,600 $805,500
2020 $17,683 $1,415,800 $596,600 $819,200
2019 $16,912 $1,365,000 $596,600 $768,400
2018 $16,216 $1,365,000 $596,600 $768,400
2017 $15,123 $1,271,900 $596,600 $675,300
2016 $14,678 $1,271,900 $596,600 $675,300
2015 $14,360 $1,271,900 $596,600 $675,300
2014 $15,819 $1,359,000 $596,600 $762,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72800003

MLS Property Information Network (MLS PIN)

APN: NEED-000201-000022