5 Rae Ave Needham, MA 02492
Estimated Value: $1,988,000 - $2,546,000
5
Beds
3
Baths
4,359
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Forced Air Heating and Cooling System
- Mitchell Elementary School Rated A
- Porch
About This Home
As of June 2021LOCATION! LOCATION! LOCATION! Built in 2005, this beautiful home has been impeccably maintained. There are 5 spacious bedrooms and 2.5 baths and full finished basement. Hard wood floors throughout, open floor plan as well as a first floor office and laundry room on the second floor. This bright and sunny home sits on a bit over 10,000 sq. ft. on a quiet corner lot in the desirable Mitchell School district. Walk to Perry park and the Hersey Train stop. Welcome to Needham!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,888
Year Built
- Built in 2005
Lot Details
- Year Round Access
- Property is zoned SRB
Parking
- 2 Car Garage
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood Flooring
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Schools
- Needham High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Oil Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:027.0 B:0081 L:0000.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2021
Closed on
Jun 7, 2021
Sold by
Person Gregory
Bought by
Person Gregory and Gricks Clair
Seller's Agent
Adriano Varano
Keller Williams Realty
Buyer's Agent
Gary Kaufman
Keller Williams Realty
List Price
$1,599,000
Sold Price
$1,831,000
Premium/Discount to List
$232,000
14.51%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,292
Avg. Annual Appreciation
7.53%
Original Mortgage
$1,000,000
Outstanding Balance
$915,176
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,525,457
Purchase Details
Closed on
May 10, 2002
Sold by
Fradet Tr R Kelly and Fradet Irene W
Bought by
Steinkrauss Kurt R and Steinkrauss Julie C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Person Gregory | -- | None Available | |
| Steinkrauss Kurt R | $410,000 | -- | |
| Steinkrauss Kurt R | $410,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Person Gregory | $1,000,000 | |
| Closed | Person Gregory | $1,000,000 | |
| Previous Owner | Steinkrauss Kurt R | $445,037 | |
| Previous Owner | Steinkrauss Kurt R | $758,000 | |
| Previous Owner | Steinkrauss Kurt R | $780,700 | |
| Previous Owner | Steinkrauss Kurt R | $787,000 | |
| Previous Owner | Steinkrauss Kurt R | $802,000 | |
| Previous Owner | Steinkrauss Kurt R | $803,000 | |
| Previous Owner | Steinkrauss Julie C | $835,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2021 06/07/21 | Sold | $1,831,000 | +14.5% | $420 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 03/30/2021 03/30/21 | For Sale | $1,599,000 | -- | $367 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $21,888 | $2,064,900 | $801,400 | $1,263,500 |
| 2024 | $23,652 | $1,889,100 | $589,900 | $1,299,200 |
| 2023 | $23,138 | $1,774,400 | $589,900 | $1,184,500 |
| 2022 | $22,121 | $1,654,500 | $522,100 | $1,132,400 |
| 2021 | $19,535 | $1,499,200 | $522,100 | $977,100 |
| 2020 | $18,195 | $1,456,800 | $522,100 | $934,700 |
| 2019 | $17,332 | $1,398,900 | $474,700 | $924,200 |
| 2018 | $16,619 | $1,398,900 | $474,700 | $924,200 |
| 2017 | $15,186 | $1,277,200 | $474,700 | $802,500 |
| 2016 | $13,654 | $1,183,200 | $474,700 | $708,500 |
| 2015 | $13,358 | $1,183,200 | $474,700 | $708,500 |
| 2014 | $12,426 | $1,067,500 | $395,700 | $671,800 |
Source: Public Records
Agents Affiliated with this Home
-
Adriano Varano
Seller's Agent in 2021
Adriano Varano
Keller Williams Realty
(339) 222-0871
99 in this area
358 Total Sales
-
Tami Schein
T
Seller Co-Listing Agent in 2021
Tami Schein
Coldwell Banker Realty - Newton
(617) 593-7755
3 in this area
7 Total Sales
-
Gary Kaufman
G
Buyer's Agent in 2021
Gary Kaufman
Keller Williams Realty
(617) 721-0785
50 in this area
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72805830
APN: NEED-000027-000081
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