40 Lake Dr Needham, MA 02492
5
Beds
6.5
Baths
4,247
Sq Ft
0.33
Acres
Highlights
- Scenic Views
- Landscaped Professionally
- Wood Flooring
- High Rock Middle School Rated A
- Property is near public transit
- Mud Room
About This Home
As of December 2024Welcome home to 40 Lake Drive - a new construction colonial built by a premier local builder. The open first floor boasts a stunning gourmet kitchen and dining area, a charming mudroom off the heated garage, fully equipped with an electric car charger, a stylish 1/2 bath, and a cozy family room with a gas fireplace. Bathed in an abundance of natural light from oversized windows, this level also features a versatile bedroom (or office) with a full bath. Upstairs, you'll find four luxurious bedrooms, each with an en-suite bathroom, including the primary suite with soaring ceilings and breathtaking views of the conservation area. A convenient laundry room is also located on the second level. The finished basement offers ample flex space, perfect for a media room, family room, playroom, gym, and more. Ideally situated next to the picturesque Rosemary Trails and Lake, and close proximity to the Rosemary Pool, the commuter line, and all of Needham's fantastic restaurants and shops!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,976
Year Built
- Built in 2024
Lot Details
- 0.33 Acre Lot
- Near Conservation Area
- Landscaped Professionally
- Sprinkler System
- Property is zoned SR2
Parking
- 2 Car Attached Garage
- Driveway
- Open Parking
Home Design
- Frame Construction
- Spray Foam Insulation
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,247 Sq Ft Home
- Decorative Lighting
- Insulated Windows
- Insulated Doors
- Mud Room
- Living Room with Fireplace
- Play Room
- Scenic Vista Views
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Double Vanity
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry on upper level
- Electric Dryer Hookup
Outdoor Features
- Bulkhead
- Patio
- Rain Gutters
Schools
- Sunita Williams Elementary School
- Nps Middle School
- Nps High School
Utilities
- Central Air
- 3 Cooling Zones
- 3 Heating Zones
- Heating System Uses Propane
- Hydro-Air Heating System
- 200+ Amp Service
- Water Heater
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 140180
Community Details
Recreation
- Community Pool
- Jogging Path
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2023
Closed on
Apr 14, 2023
Sold by
Dalfior Development Inc
Bought by
40 Lake Drive Llc
Seller's Agent
Gail Nannini
Louise Condon Realty
Buyer's Agent
The Samantha Eisenberg Group
Compass
List Price
$850,000
Sold Price
$983,000
Premium/Discount to List
$133,000
15.65%
Views
53
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
$1,356,472
Avg. Annual Appreciation
43.60%
Original Mortgage
$1,350,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2023
Closed on
Mar 31, 2023
Sold by
Heck Jr Abraham L Est and Swanson
Bought by
Dalfior Development Inc
Seller's Agent
Gail Nannini
Louise Condon Realty
Buyer's Agent
The Samantha Eisenberg Group
Compass
List Price
$850,000
Sold Price
$983,000
Premium/Discount to List
$133,000
15.65%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2020
Sold by
Heck Abraham L and Heck Lydia C
Bought by
Heck Abraham L
Purchase Details
Closed on
Jun 26, 1991
Sold by
Feick Tr Louisa J
Bought by
Heck Abraham L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,800
Interest Rate
9.44%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Fiduciary Deed | $983,000 | None Available | |
| Fiduciary Deed | $983,000 | None Available | |
| Fiduciary Deed | $983,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $230,000 | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,840,000 | Purchase Money Mortgage | |
| Closed | $1,840,000 | Purchase Money Mortgage | |
| Closed | $1,675,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $1,350,000 | New Conventional | |
| Closed | $1,350,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $6,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $2,300,000 | -7.4% | $542 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 09/10/2024 09/10/24 | For Sale | $2,483,000 | +152.6% | $585 / Sq Ft |
| 04/14/2023 04/14/23 | Sold | $983,000 | +15.6% | $746 / Sq Ft |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $850,000 | -- | $645 / 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 | $20,786 | $1,960,900 | $807,300 | $1,153,600 |
| 2024 | $8,976 | $716,900 | $511,700 | $205,200 |
| 2023 | $9,145 | $701,300 | $511,700 | $189,600 |
| 2022 | $8,717 | $652,000 | $470,100 | $181,900 |
| 2021 | $8,496 | $652,000 | $470,100 | $181,900 |
| 2020 | $8,325 | $666,500 | $470,100 | $196,400 |
| 2019 | $7,710 | $622,300 | $428,000 | $194,300 |
| 2018 | $7,393 | $622,300 | $428,000 | $194,300 |
| 2017 | $7,120 | $598,800 | $428,000 | $170,800 |
| 2016 | $6,938 | $601,200 | $428,000 | $173,200 |
| 2015 | $6,788 | $601,200 | $428,000 | $173,200 |
| 2014 | $6,279 | $539,400 | $373,100 | $166,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
The Samantha Eisenberg Group
Compass
36 in this area
80 Total Sales
-
M
Buyer's Agent in 2024
Meg Beers
Compass
1 in this area
9 Total Sales
-
Seller's Agent in 2023
Gail Nannini
Louise Condon Realty
(617) 678-1278
12 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73287929
APN: NEED-000052-000048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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