NOT LISTED FOR SALE

5 Melrose Ave Needham, MA 02492

Estimated Value: $1,400,886 - $1,628,000

4 Beds
2 Baths
2,022 Sq Ft
$765/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $792,000 $392 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $9,090/month

9 Days on Market

About This Home

As of February 2015

A handsome 4 bedroom deleaded Colonial with white picket fence in Mitchell School district. Large fireplaced living room graces the front of the home. The formal dining room has access to new mahogany deck and private backyard. Eat in kitchen offers ample cabinets as well as gas range and refrigerator. The first floor family room has builtins for books and toys and door to fenced side yard. 2nd floor boasts 4 generous sized bedrooms with good closet space. Finished basement is a great playroom as well as a separate office space. This is a home that you can grow into. Walk to commuter rail to Boston, as well as shops, cafes, Perry Park and all schools make this a top location. Side yard is perfect place to host a 4th of July party and watch the fireworks two blocks away at Memorial Field. A wonderful place to call home!

Last Agent to Sell the Property

Paula Callanan

Coldwell Banker Realty - Needham Listed on: 12/04/2014

Coldwell Banker Realty - Needham

Last Buyer's Agent

Montgomery Carroll Group

Compass

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,771

Year Built

1968

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Golf Course, Medical Facility, Private School, Public School
  • Flooring: Hardwood
  • Interior Amenities: Security System
  • Basement: Full, Bulkhead, Sump Pump
  • Bedroom 2: Second Floor, 14X11
  • Bedroom 3: Second Floor, 10X10
  • Bedroom 4: Second Floor, 11X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 13X12
  • Laundry Room: Basement, 10X9
  • Living Room: First Floor, 20X11
  • Master Bedroom: Second Floor, 15X11
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 12X12
  • Family Room: First Floor, 15X12

Exterior Features

  • Exterior Features: Deck, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 12, 2015
Sold by
Premo Roger E and Premo Alison B
Bought by
Leibensperger Kenneth and Leibensperger Danna
Seller's Agent
Paula Callanan
Coldwell Banker Realty - Needham
Buyer's Agent
Montgomery Carroll Group
Compass
List Price
$825,000
Sold Price
$792,000
Premium/Discount to List
-$33,000
-4%
Current Estimated Value
$1,546,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,222
Avg. Annual Appreciation
6.37%
Original Mortgage
$542,000
Outstanding Balance
$417,266
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,128,956

Purchase Details

Closed on
May 2, 2008
Sold by
Costello Doyle H and Costello John M
Bought by
Premo Alison B and Premo Roger E

Purchase Details

Closed on
Jul 9, 2003
Sold by
Nardi John J and Nardi Priscilla A
Bought by
Costello John M and Costello Doyle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage
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
Leibensperger Kenneth $792,000 --
Premo Alison B -- --
Costello John M $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leibensperger Kenneth $542,000
Previous Owner Costello John M $407,591
Previous Owner Costello John M $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2015 02/12/15 Sold $792,000 -4.0% $392 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $825,000 -- $408 / 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 $11,771 $1,110,500 $776,000 $334,500
2024 $11,073 $884,400 $571,200 $313,200
2023 $11,173 $856,800 $571,200 $285,600
2022 $10,417 $779,100 $505,500 $273,600
2021 $10,152 $779,100 $505,500 $273,600
2020 $9,748 $780,500 $506,100 $274,400
2019 $9,021 $728,100 $460,100 $268,000
2018 $8,650 $728,100 $460,100 $268,000
2017 $8,272 $695,700 $460,100 $235,600
2016 $7,710 $668,100 $460,100 $208,000
2015 $7,543 $668,100 $460,100 $208,000
2014 $6,793 $583,600 $383,400 $200,200
Source: Public Records

Agents Affiliated with this Home

  • Paula Callanan

    Seller's Agent in 2015

    Paula Callanan

    Coldwell Banker Realty - Needham

    (617) 775-4213

    17 in this area

    28 Total Sales

    Paula Callanan
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71774083

MLS Property Information Network (MLS PIN)

APN: NEED-000054-000095

Massachusetts Norfolk County Needham 02492

5 Melrose Ave, Needham, MA

Not Listed for Sale

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