5 Lake Dr Needham, MA 02492
Estimated Value: $1,209,000 - $1,547,000
3
Beds
2
Baths
1,404
Sq Ft
$1,007/Sq Ft
Est. Value
About This Home
This home is located at 5 Lake Dr, Needham, MA 02492 and is currently estimated at $1,413,442, approximately $1,006 per square foot. 5 Lake Dr is a home located in Norfolk County with nearby schools including High Rock Middle School, Sunita L. Williams Elementary School, and Pollard Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 1979
Bought by
Payer Robert M and Payer Teresa E
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Payer Robert M | $81,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Payer Robert M | $135,000 | |
| Closed | Payer Robert M | $45,000 | |
| Closed | Payer Robert M | $65,000 |
Source: Public Records
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 | $12,440 | $1,173,600 | $803,400 | $370,200 |
| 2024 | $9,852 | $786,900 | $508,900 | $278,000 |
| 2023 | $9,995 | $766,500 | $508,900 | $257,600 |
| 2022 | $9,649 | $721,700 | $467,300 | $254,400 |
| 2021 | $9,404 | $721,700 | $467,300 | $254,400 |
| 2020 | $9,078 | $726,800 | $467,300 | $259,500 |
| 2019 | $8,357 | $674,500 | $425,200 | $249,300 |
| 2018 | $7,746 | $652,000 | $425,200 | $226,800 |
| 2017 | $7,459 | $627,300 | $425,200 | $202,100 |
| 2016 | $7,239 | $627,300 | $425,200 | $202,100 |
| 2015 | $7,082 | $627,300 | $425,200 | $202,100 |
| 2014 | $5,984 | $514,100 | $370,300 | $143,800 |
Source: Public Records
Map
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