47 Rae Ave Needham, MA 02492
Estimated Value: $2,203,000 - $2,744,000
6
Beds
5
Baths
4,621
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Patio
- Mitchell Elementary School Rated A
- Porch
- Security Service
About This Home
As of February 2020Bright & beautiful 2016 Colonial in desirable Mitchell School neighborhood. Home includes an open first floor plan featuring a chef's kitchen w/ island and a breakfast area that transitions to a fireplaced family room w/ built-in cabinetry. A glass slider leads to a patio in the fenced backyard. First floor also includes a private study, a cozy living room, formal dining room and a mudroom which provides access to the spacious 2 car garage. The 2nd floor is highlighted by a master suite complete with a spa-like bathroom and a dressing room/walk in closet. There are 4 additional bedrooms including a guest suite with an en-suite 3/4 bath. A bright, shared bath and a laundry room complete the 2nd floor. The sun filled 3rd floor offers a two room play area with a reading nook and a 6th bedroom w/ attached 3/4 bath. The lower level is dry, clean and roughed for future finished space. The home has been well maintained in its short history and is a great turn-key Needham option.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,946
Year Built
- Built in 2016
Lot Details
- Fenced Yard
- Sprinkler System
- Property is zoned SRB
Parking
- 2 Car Garage
Interior Spaces
- Window Screens
- Basement
Kitchen
- Oven
- Cooktop with Range Hood
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- Security Service
Listing and Financial Details
- Assessor Parcel Number M:027.0 B:0075 L:0000.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2019
Closed on
Dec 6, 2019
Sold by
Israel Vanraalte
Bought by
Burke Thomas J and Burke Donna
Seller's Agent
Ryan McDonnell
Hawthorn Properties
Buyer's Agent
Todd Webster
Success! Real Estate
List Price
$1,779,000
Sold Price
$1,789,000
Premium/Discount to List
$10,000
0.56%
Total Days on Market
3
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
$750,276
Avg. Annual Appreciation
7.58%
Original Mortgage
$939,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2019
Sold by
Missouri Michael and Missouri Wendy V
Bought by
Vanraalte-Israel Wendy
Purchase Details
Closed on
Jan 5, 2017
Sold by
Doisneau Paul R and Doisneau Suzanne M
Bought by
Missouri Michael and Missouri Wendy V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,136,850
Interest Rate
3.38%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 9, 2016
Sold by
Arbelaez Christian and Arbelaez Diane
Bought by
Doisneau Paul R and Doisneau Suzanne M
Purchase Details
Closed on
Jul 20, 2007
Sold by
Gu Haihua and Wang Yongping
Bought by
Arbelaez Christian and Arbelaez Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,400
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2002
Sold by
Martin John and Martin Marion R
Bought by
Gu Haihua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burke Thomas J | $1,789,000 | None Available | |
| Vanraalte-Israel Wendy | -- | -- | |
| Missouri Michael | $1,749,000 | -- | |
| Doisneau Paul R | $710,000 | -- | |
| Arbelaez Christian | $603,000 | -- | |
| Gu Haihua | $558,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burke Thomas J | $800,000 | |
| Closed | Burke Thomas J | $400,000 | |
| Previous Owner | Burke Thomas J | $939,000 | |
| Previous Owner | Missouri Michael | $1,136,850 | |
| Previous Owner | Arbelaez Christian | $560,000 | |
| Previous Owner | Martin John | $465,000 | |
| Previous Owner | Arbelaez Christian | $482,400 | |
| Previous Owner | Gu Haihua | $359,650 | |
| Previous Owner | Gu Haihua | $320,000 | |
| Previous Owner | Gu Haihua | $322,700 | |
| Previous Owner | Gu Haihua | $300,700 | |
| Previous Owner | Martin John | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2020 02/03/20 | Sold | $1,789,000 | +0.6% | $387 / Sq Ft |
| 10/06/2019 10/06/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $1,779,000 | -- | $385 / 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 | $25,946 | $2,447,700 | $787,000 | $1,660,700 |
| 2024 | $26,203 | $2,092,900 | $579,400 | $1,513,500 |
| 2023 | $25,729 | $1,973,100 | $579,400 | $1,393,700 |
| 2022 | $24,463 | $1,829,700 | $512,700 | $1,317,000 |
| 2021 | $23,841 | $1,829,700 | $512,700 | $1,317,000 |
| 2020 | $22,708 | $1,818,100 | $513,000 | $1,305,100 |
| 2019 | $21,573 | $1,741,200 | $466,400 | $1,274,800 |
| 2018 | $20,685 | $1,741,200 | $466,400 | $1,274,800 |
| 2016 | $8,183 | $709,100 | $466,400 | $242,700 |
| 2015 | $8,006 | $709,100 | $466,400 | $242,700 |
| 2014 | $7,270 | $624,600 | $388,700 | $235,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan McDonnell
R
Seller's Agent in 2020
Ryan McDonnell
Hawthorn Properties
1 in this area
1 Total Sale
-
Buyer's Agent in 2020
Todd Webster
Success! Real Estate
(617) 750-9025
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72574444
APN: NEED-000027-000075
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