NOT LISTED FOR SALE

47 Rae Ave Needham, MA 02492

Estimated Value: $2,531,000 - $2,761,000

6 Beds
5 Baths
4,621 Sq Ft
$571/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $1,789,000 $387 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $16,033/month

3 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • Mitchell Elementary School Rated A
  • Porch
  • Security Service

About This Home

As of February 2020

Bright & 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.

Last Agent to Sell the Property

Ryan McDonnell

Hawthorn Properties Listed on: 10/03/2019

Last Buyer's Agent

Todd Webster

Success! Real Estate License #455500550

Success! Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Fenced Yard
  • Sprinkler System
  • Property is zoned SRB

Parking

  • 2 Car Garage

Interior Spaces

  • Wired For Sound
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Actual
  • List Price Per Sq Ft: 384.98
  • Comp Based On: Net Sale Price
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Wired for Surround Sound
  • Appliances: Disposal, Microwave, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Vent Hood, Cooktop - ENERGY STAR, Oven - ENERGY STAR
  • No Bedrooms: 6
  • Master Bedroom: On Level: Second Floor, Dimension: 19X18, Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Ceiling - Vaulted, Closet - Walk-in, Flooring - Hardwood, Cable Hookup, Dressing Room, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 18X16, Bathroom - 3/4, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Closet - Double
  • Bedroom 3: On Level: Second Floor, Dimension: 15X10, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Closet - Double
  • Bedroom 4: On Level: Second Floor, Dimension: 15X13, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Closet - Double
  • Bedroom 5: On Level: Second Floor, Dimension: 15X14, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Closet - Double
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile, Wainscoting, Pedestal Sink
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Double Vanity
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Double Vanity
  • No Rooms: 14
  • Dining Room: On Level: First Floor, Dimension: 15X12, Ceiling - Vaulted, Flooring - Hardwood, Chair Rail, Recessed Lighting, Wainscoting, Lighting - Overhead, Crown Molding
  • Family Room: On Level: First Floor, Dimension: 20X16, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floor Plan, Recessed Lighting, Slider
  • Kitchen: On Level: First Floor, Dimension: 27X15, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Crown Molding
  • Laundry: On Level: Second Floor, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 15X14, Chair Rail, Recessed Lighting, Wainscoting, Crown Molding
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Radon Remediation System, Concrete Floor, Unfinished Basement
  • Other Room 1: Name: Bedroom, On Level: Third Floor, Dimension: 14X13, Bathroom - 3/4, Flooring - Wall to Wall Carpet
  • Other Room 2: Name: 3/4 Bath, On Level: Second Floor, Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid
  • Other Room 3: Name: Office, On Level: First Floor, Dimension: 10X10, Flooring - Hardwood
  • Other Room 4: Name: Play Room, On Level: Third Floor, Dimension: 23X18, Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Other Room 5: Name: 3/4 Bath, On Level: Third Floor, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Other Room 6: Name: Mud Room, On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Main Lo: AC1628
  • Main So: BB2685
  • Estimated Sq Ft: 4621.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Composition Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch, Patio, Sprinkler System, Screens, Fenced Yard
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass - Batts, Spray Foam

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 3
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 4
  • Heating: Forced Air, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 1741200.00
  • Acre: 0.20
  • Lot Size: 8712.00
  • Parcel Number: M:027.0 B:0075 L:0000.0
  • Zoning: SRB
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Tax Info

  • Taxes: 21573.00
  • Assessor Parcel Number: 138314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Burke Thomas J and Burke Donna
Bought by
Burke Ft and Burke
Current Estimated Value
$2,637,082

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
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
Purchase Money Mortgage

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
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
Burke Ft -- --
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 --
Arbelaez Christian $603,000 --
Gu Haihua $558,000 --
Gu Haihua $558,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Thomas J $939,000
Previous Owner Missouri Michael $1,136,850
Previous Owner Gu Haihua $465,000
Previous Owner Arbelaez Christian $482,400
Previous Owner Gu Haihua $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72574444

MLS Property Information Network (MLS PIN)

APN: NEED-000027-000075