NOT LISTED FOR SALE

48 Fairview Rd Needham, MA 02492

Estimated Value: $2,253,967 - $2,583,000

5 Beds
5 Baths
4,200 Sq Ft
$580/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $1,375,000 $327 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $14,382/month

171 Days on Market

About This Home

As of March 2017

Big price adjustment makes this exceptional New Construction by second generation Needham Builder the best value on the market. In a great neighborhood convenient to downtown Needham, commuter rail, schools, parks and restaurants. This five bedroom, five full bath home has it all, precision detail with outstanding finishes and a very nice flow not typically found in new construction. This home is ready to move right in. Also possible to have first floor guest bedroom with full bath. Don't wait for the opportunity to enjoy this wonderfully landscaped private backyard and deck. Very easy to show!

Last Agent to Sell the Property

Tom Lambert

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/08/2016

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Jeff Groper

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Single Family
  • Other Agent: 1.00
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2016

Interior Features

  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Vacuum System
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 11
  • 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, University
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass - Batts
  • Interior Amenities: Central Vacuum, Security System, Cable Available
  • Basement: Full, Bulkhead, Sump Pump, Unfinished Basement
  • Bedroom 2: Second Floor, 12X12
  • Bedroom 3: Second Floor, 12X12
  • Bedroom 4: Second Floor, 12X12
  • Bedroom 5: Second Floor, 14X15
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 22X18
  • Laundry Room: Second Floor
  • Living Room: First Floor, 12X13
  • Master Bedroom: Second Floor, 22X15
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling - Coffered, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Dressing Room
  • Dining Room: First Floor, 12X15
  • Family Room: First Floor, 18X19
  • Oth1 Room Name: Home Office
  • Oth1 Dimen: 12X12
  • Oth1 Dscrp: Bathroom - Full, Flooring - Hardwood, Main Level, Cable Hookup
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Oth3 Room Name: Play Room
  • Oth3 Dscrp: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Open Floor Plan
  • Oth4 Room Name: Bathroom
  • Oth4 Dscrp: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Cement Board
  • Exterior: Fiber Cement Siding
  • Exterior Features: Porch, Deck, Deck - Composite, Gutters, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Gas, Forced Air, Central Heat
  • Cooling Zones: 3
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Lot Info

  • Assessor Parcel Number: M:138.0 B:0035 L:0000.0
  • Zoning: SRB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Holt Brock and Holt Lakyn
Bought by
Groh Matthew P and Groh Courtney A
Current Estimated Value
$2,435,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,233,223
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,202,269

Purchase Details

Listed on
Sep 8, 2016
Closed on
Mar 29, 2017
Sold by
Needham Enterprises Ll
Bought by
Holt Brock and Holt Lakyn
Seller's Agent
Tom Lambert
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Jeff Groper
Coldwell Banker Realty - Newton
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,100,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 22, 2015
Sold by
Harris Patricia A
Bought by
Needham Enterprises Llc
Seller's Agent
Pat Baker
Realty Executives Boston West
Buyer's Agent
Pat Baker
Realty Executives Boston West
List Price
$540,000
Sold Price
$602,000
Premium/Discount to List
$62,000
11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.46%
Original Mortgage
$481,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Groh Matthew P $1,700,000 None Available
Holt Brock $1,375,000 --
Needham Enterprises Llc $602,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groh Matthew P $1,360,000
Previous Owner Holt Brock $1,100,000
Previous Owner Needham Enterprises Llc $481,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2017 03/29/17 Sold $1,375,000 -1.8% $327 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $1,400,000 -3.4% $333 / Sq Ft
01/20/2017 01/20/17 Price Changed $1,450,000 -1.7% $345 / Sq Ft
12/07/2016 12/07/16 Price Changed $1,475,000 -1.7% $351 / Sq Ft
09/08/2016 09/08/16 For Sale $1,500,000 +149.2% $357 / Sq Ft
06/22/2015 06/22/15 Sold $602,000 +11.5% $450 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $540,000 -- $403 / 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 $21,281 $2,007,600 $713,400 $1,294,200
2024 $22,651 $1,809,200 $520,700 $1,288,500
2023 $22,263 $1,707,300 $520,700 $1,186,600
2022 $21,556 $1,612,300 $491,200 $1,121,100
2021 $19,286 $1,480,100 $491,200 $988,900
2020 $17,735 $1,419,900 $491,200 $928,700
2019 $16,786 $1,354,800 $446,500 $908,300
2018 $16,095 $1,354,800 $446,500 $908,300
2017 $10,926 $918,900 $446,500 $472,400
2016 $6,522 $565,200 $446,500 $118,700
2015 $6,381 $565,200 $446,500 $118,700
2014 $6,061 $520,700 $405,900 $114,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Lambert

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 444-1234

    4 in this area

    14 Total Sales

    Tom Lambert
    Section Image
  • Jeff Groper

    Buyer's Agent in 2017

    Jeff Groper

    Coldwell Banker Realty - Newton

    (617) 240-8000

    10 in this area

    153 Total Sales

    Jeff Groper
    Section Image
  • Pat Baker

    Seller's Agent in 2015

    Pat Baker

    Realty Executives

    (617) 435-3471

    4 in this area

    21 Total Sales

    Pat Baker
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72064626

MLS Property Information Network (MLS PIN)

APN: NEED-000138-000035

Massachusetts Norfolk County Needham 02492

48 Fairview Rd, Needham, MA

Not Listed for Sale

Detached

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