NOT LISTED FOR SALE

481 Chestnut St Needham, MA 02492

Estimated Value: $1,016,992 - $1,198,000

3 Beds
2 Baths
1,600 Sq Ft
$694/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $695,000 $434 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,515/month

8 Days on Market

About This Home

As of July 2017

This charming 1924 colonial/bungalow has a most welcoming front porch providing three season space for living and relaxing. From the porch step into the foyer leading to a large living room with fireplace and a spacious, formal dining room. A bright kitchen with gas stove and a half bath complete the first floor. On the second level there are three generous bedrooms, all with great closet space, and a full bath. The lower level provides more living space with a playroom, bonus room and an office. Additional features include hardwood floors, central air, deck and a two car garage. This property is convenient to shopping, restaurants and the commuter train. The home offers comfortable living with an in-town location.

Last Agent to Sell the Property

Patricia Buckley

Coldwell Banker Realty - Needham Listed on: 04/25/2017

Coldwell Banker Realty - Needham

Last Buyer's Agent

Loren Larsen

Compass

Compass

Home Details

Home Type

Single Family

Year Built

1924

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Bungalow
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Medical Facility
  • Flooring: Wood, Tile
  • Basement: Partially Finished
  • Bedroom 2: Second Floor, 14X12
  • Bedroom 3: Second Floor, 13X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 12X11
  • Laundry Room: Basement
  • Living Room: First Floor, 24X12
  • Master Bedroom: Second Floor, 16X12
  • Master Bedroom Description: Flooring - Wood, Recessed Lighting
  • Dining Room: First Floor, 13X12
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Oth1 Room Name: Bonus Room
  • Oth1 Dimen: 12X14
  • Oth2 Room Name: Office
  • Oth2 Dimen: 9X11
  • Oth3 Room Name: Play Room
  • Oth3 Dimen: 17X16
  • Oth4 Room Name: Sun Room
  • Oth4 Dimen: 8X31
  • Oth5 Room Name: Foyer
  • Oth5 Dimen: 15X6
  • Main Lo: K95001
  • Main So: AN2383
  • Estimated Sq Ft: 1600.00

Exterior Features

  • Construction: Frame
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 2
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: CSB
  • Acre: 0.22
  • Lot Size: 9583.00

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jul 14, 2017
Sold by
Gaumnitz Christopher and Gaumnitz Kristine
Bought by
Cohenno Peter and Cohenno Lindsey
Seller's Agent
Patricia Buckley
Coldwell Banker Realty - Needham
Buyer's Agent
Loren Larsen
Compass
List Price
$645,000
Sold Price
$695,000
Premium/Discount to List
$50,000
7.75%
Current Estimated Value
$1,110,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,748
Avg. Annual Appreciation
5.65%
Original Mortgage
$556,000
Outstanding Balance
$462,576
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$648,172

Purchase Details

Listed on
Sep 13, 2012
Closed on
Dec 3, 2012
Sold by
Christen Thomas and Wong Cindy W
Bought by
Gaumnitz Christopher and Lerner Kristine
Seller's Agent
Gail Nannini
Louise Condon Realty
Buyer's Agent
Patricia Buckley
Coldwell Banker Realty - Needham
List Price
$517,000
Sold Price
$511,000
Premium/Discount to List
-$6,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$408,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Smith Jeanette E
Bought by
Wong Cindy Wy and Christen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
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
Cohenno Peter $695,000 --
Gaumnitz Christopher $511,000 --
Wong Cindy Wy $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohenno Peter $556,000
Previous Owner Gaumnitz Christopher $408,800
Previous Owner Wong Cindy Wy $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2017 07/14/17 Sold $695,000 +7.8% $434 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $645,000 +26.2% $403 / Sq Ft
12/03/2012 12/03/12 Sold $511,000 -1.2% $319 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $517,000 -- $323 / 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 $9,163 $864,400 $676,800 $187,600
2024 $9,978 $797,000 $526,700 $270,300
2023 $10,154 $778,700 $526,700 $252,000
2022 $9,777 $731,300 $487,700 $243,600
2021 $9,529 $731,300 $487,700 $243,600
2020 $9,355 $749,000 $487,500 $261,500
2019 $8,651 $698,200 $443,300 $254,900
2018 $7,505 $631,700 $376,800 $254,900
2017 $6,682 $562,000 $376,800 $185,200
2016 $6,485 $562,000 $376,800 $185,200
2015 $6,345 $562,000 $376,800 $185,200
2014 $6,060 $520,600 $342,500 $178,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patricia Buckley

    Coldwell Banker Realty - Needham

    (617) 645-3510

    8 in this area

    12 Total Sales

    Patricia Buckley
    Section Image

  • L

    Buyer's Agent in 2017

    Loren Larsen

    Compass

    Section Image
  • Gail Nannini

    Seller's Agent in 2012

    Gail Nannini

    Louise Condon Realty

    (617) 678-1278

    12 in this area

    15 Total Sales

    Gail Nannini
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72152781

MLS Property Information Network (MLS PIN)

APN: NEED-000045-000011

Massachusetts Norfolk County Needham 02492

481 Chestnut St, Needham, MA

Not Listed for Sale

Detached

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