NOT LISTED FOR SALE

50 Edgewater Dr Needham, MA 02492

Estimated Value: $1,729,000 - $2,185,000

4 Beds
3 Baths
2,874 Sq Ft
$689/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $980,000 $341 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $12,080/month

43 Days on Market

About This Home

As of July 2014

A custom built home that was well ahead of its time. The open concept living room/dining room is an expansive Great Room with vaulted and beamed ceilings. This amazing space is perfect for entertaining with a fireplace and sliders to a patio overlooking the large private lot that fronts on the Charles River. There is a master bedroom on the first floor with an additional room for office, den or family room. The second floor has two generous size bedrooms joined by a bathroom, in addition to a sitting area at the top of the stairs which overlooks the great room on the first floor. This property is sited on a quiet neighborhood street with stately homes and easy access to major highways and the downtown area. Beautifully maintained, just waiting for the next owner to update the kitchen, baths, and décor. A rare opportunity in a location such as this.

Last Agent to Sell the Property

Deborah Anastas

Berkshire Hathaway HomeServices Commonwealth Real Estate License #449501479 Listed on: 03/27/2014

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Marie Moore Shapiro

Hawthorn Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,274

Year Built

1964

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Flood Plain
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: First Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Patio, Sprinkler System
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2015
Sold by
Srinivas Singu K
Bought by
Srinivas Singu K and Srinivas Jessica F
Current Estimated Value
$1,981,446

Purchase Details

Closed on
Mar 11, 2015
Sold by
Srinivas Singu K and Srinivas Jessica F
Bought by
Srinivas Singu K and Srinivas Jessica F

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jul 18, 2014
Sold by
Fredey Eugene F
Bought by
Srinivas Singu K and Srinivas Jessica F
Seller's Agent
Deborah Anastas
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Marie Moore Shapiro
Hawthorn Properties
List Price
$1,079,000
Sold Price
$980,000
Premium/Discount to List
-$99,000
-9.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$784,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2011
Sold by
Fredey Alma M
Bought by
Fredey Eugene F
Source: Public Records

Range of Values:

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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
Srinivas Singu K -- --
Srinivas Singu K -- --
Srinivas Singu K -- --
Srinivas Singu K $980,000 --
Fredey Eugene F $800,000 --
Fredey Eugene F $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivas Singu K $250,000
Open Srinivas Singu K $689,000
Previous Owner Srinivas Singu K $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $980,000 0.0% $341 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/02/2014 05/02/14 Off Market $980,000 -- --
03/27/2014 03/27/14 For Sale $1,079,000 -- $375 / 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 $18,274 $1,724,000 $1,045,500 $678,500
2024 $17,836 $1,424,600 $623,700 $800,900
2023 $17,942 $1,375,900 $623,700 $752,200
2022 $18,016 $1,347,500 $623,700 $723,800
2021 $17,558 $1,347,500 $623,700 $723,800
2020 $15,842 $1,268,400 $623,700 $644,700
2019 $15,541 $1,254,300 $623,700 $630,600
2018 $14,901 $1,254,300 $623,700 $630,600
2017 $13,259 $1,115,100 $623,700 $491,400
2016 $11,368 $985,100 $623,700 $361,400
2015 $11,122 $985,100 $623,700 $361,400
2014 $11,293 $970,200 $623,700 $346,500
Source: Public Records

Agents Affiliated with this Home

  • Deborah Anastas

    Seller's Agent in 2014

    Deborah Anastas

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 444-1234

    17 in this area

    31 Total Sales

    Deborah Anastas
    Section Image
  • Marie Moore Shapiro

    Buyer's Agent in 2014

    Marie Moore Shapiro

    Hawthorn Properties

    (617) 894-5244

    18 in this area

    50 Total Sales

    Marie Moore Shapiro
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71650775

MLS Property Information Network (MLS PIN)

APN: NEED-000201-000006

Massachusetts Norfolk County Needham 02492

50 Edgewater Dr, Needham, MA

This home is located at 50 Edgewater Dr, Needham, MA 02492 since 27 March 2014 and is currently estimated at $1,981,446, approximately $689 per square foot. This property was built in 1964. 50 Edgewater Dr is a home located in Norfolk County with nearby schools including Newman Elementary School, High Rock Middle School, and Pollard Middle School.

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