NOT LISTED FOR SALE

40 Hutter Ridge Rd Needham, MA 02492

Estimated Value: $2,321,000 - $4,282,000

5 Beds
4 Baths
6,276 Sq Ft
$511/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $1,400,000 $223 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $20,894/month

100 Days on Market

About This Home

As of November 2015

Bring your vision and transform this majestic home. Originally built in 1875, this sweeping estate provides an ideal backdrop for a personalized modernization by a most particular client. Let the grandly proportioned rooms & turn of the century elegance be a starting point then let your imagination take over. A southern orientation already bathes the family room, kitchen, dining & living rooms in sunshine. French doors, multiple fireplaces & surprises everywhere offer impossible-to-duplicate character. On beautiful 1+ acre grounds enhanced by stone walls in place for decades, this one-of-a-kind home will be in unparalleled company. Amidst towering pines in Needham's estate area, Hutter Ridge Road is a new 7-home cul-de-sac close to the town's vibrant center & offering easy commuter access. Six new custom designed homes will complete the neighborhood with three of those new homes already underway. Renovation/addition plans available. Also offered post-renovation (see MLS#71821270)

Last Listed By

Bell Property Partners

Compass Listed on: 07/06/2015

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,204

Year Built

1867

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1867

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Vent Hood
  • Fireplaces: 6
  • Has Basement: Yes
  • Fireplaces: 6
  • Primary Bathroom: Yes
  • Number of Rooms: 13
  • Amenities: Shopping, Golf Course, Medical Facility, Highway Access, House of Worship, Private School
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Interior Amenities: French Doors, Other (See Remarks)
  • Basement: Full, Interior Access
  • Kitchen: First Floor, 12X20
  • Living Room: First Floor, 32X16
  • Master Bedroom: Second Floor
  • Dining Room: First Floor, 18X17
  • Family Room: First Floor, 12X28

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 155.00
  • Construction: Frame
  • Exterior: Brick
  • Exterior Features: Patio, Stone Wall
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Oil

Condo/Co-op/Association

  • HOA: Yes

Schools

  • Elementary School: Newman
  • Middle School: Pollard
  • High School: Needham Hs

Lot Info

  • Assessor Parcel Number: M:2030000400000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Nov 18, 2015
Sold by
Southfield Assoc
Bought by
Connors Kelli T and Connors Christopher D
Seller's Agent
Bell Property Partners
Compass
Buyer's Agent
Maureen Steverman
William Raveis R.E. & Home Services
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Total Days on Market
100
Current Estimated Value
$3,209,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,638
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
May 15, 2014
Sold by
Southfield Assoc
Bought by
Fallon Joseph P and Fallon Pamela P

Purchase Details

Closed on
Sep 18, 2013
Sold by
Hutter Adolph M and Hutter Sylvia
Bought by
Southfield Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,100,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

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
Connors Kelli T $1,400,000 --
Fallon Joseph P $1,000,000 --
Southfield Assoc $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors Christopher D $950,000
Closed Connors Christopher D $1,000,000
Previous Owner Southfield Assoc $9,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $1,400,000 -12.2% $223 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $1,595,000 -- $254 / 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 $37,204 $3,509,800 $923,900 $2,585,900
2024 $41,379 $3,305,000 $1,111,200 $2,193,800
2023 $37,725 $2,893,000 $1,111,200 $1,781,800
2022 $37,320 $2,791,300 $1,111,200 $1,680,100
2021 $36,371 $2,791,300 $1,111,200 $1,680,100
2020 $34,101 $2,730,300 $1,111,300 $1,619,000
2019 $33,294 $2,687,200 $1,111,300 $1,575,900
2018 $31,924 $2,687,200 $1,111,300 $1,575,900
2017 $25,062 $2,107,800 $859,000 $1,248,800
2016 $20,310 $1,760,000 $719,700 $1,040,300
2015 $19,870 $1,760,000 $719,700 $1,040,300
2014 $25,410 $2,183,000 $1,152,800 $1,030,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71868397

MLS Property Information Network (MLS PIN)

APN: NEED-000203-000004