NOT LISTED FOR SALE

50 May St Needham, MA 02492

Estimated Value: $1,428,000 - $2,277,000

4 Beds
3 Baths
2,431 Sq Ft
$795/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $660,000 $271 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $12,195/month

180 Days on Market

About This Home

As of February 2012

This 1929 Colonial boasts lots of the charm of yesteryear. Large and bright, front to back living room with fireplace and french doors. 4-bdrms, 2-1/2 baths.Formal dining rm. and living rm. With built-ins, crownmolding and chairrails from eras gone by. 4 bright corner bed rms, plus 3rd floor bedroom with easy full bath add-on if ever needed. Level lot with great potential for large addition. Close to center of town for shopping, commuter rail and much more. Location,location. OH 11/11 from 3-5pm

Last Listed By

Derek Greene

Sterling Lion, LLC License #453010898 Listed on: 05/19/2011

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,830

Year Built

1929

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Private School
  • Electric: Circuit Breakers
  • Flooring: Wood, Hardwood
  • Basement: Full, Bulkhead
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Water/Sewer: City/Town Water
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Pongratz Simon G and Pongratz Nancy L
Bought by
Bassett Michael R and Mccormick Sarah P
Total Days on Market
180
Current Estimated Value
$1,931,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$688,801
Interest Rate
3.63%
Mortgage Type
Unknown
Estimated Equity
$1,242,802

Purchase Details

Listed on
May 19, 2011
Closed on
Feb 14, 2012
Sold by
Waterhouse Rt
Bought by
Pongratz Simon G and Pongratz Nancy L
Seller's Agent
Derek Greene
Sterling Lion, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$200,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Waterhouse Nancy L
Bought by
Waterhouse Nancy L

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
Bassett Michael R $1,495,000 --
Pongratz Simon G $660,000 --
Waterhouse Nancy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Michael R $800,000
Closed Pongratz Simon $725,000
Previous Owner Pongratz Simon G $200,000
Previous Owner Pongratz Simon G $328,000
Previous Owner Waterhouse Nancy L $150,000
Previous Owner Waterhouse Nancy L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $660,000 -5.0% $271 / Sq Ft
11/15/2011 11/15/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $695,000 0.0% $286 / Sq Ft
10/04/2011 10/04/11 Pending -- -- --
09/29/2011 09/29/11 Price Changed $695,000 -2.8% $286 / Sq Ft
09/08/2011 09/08/11 Price Changed $715,000 -1.4% $294 / Sq Ft
05/19/2011 05/19/11 For Sale $725,000 -- $298 / 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 $17,830 $1,682,100 $992,700 $689,400
2024 $17,340 $1,385,000 $576,900 $808,100
2023 $17,145 $1,314,800 $576,900 $737,900
2022 $16,480 $1,232,600 $534,200 $698,400
2021 $16,061 $1,232,600 $534,200 $698,400
2020 $15,268 $1,222,400 $534,400 $688,000
2019 $14,240 $1,149,300 $485,800 $663,500
2018 $11,930 $1,004,200 $485,800 $518,400
2017 $11,205 $942,400 $485,800 $456,600
2016 $10,927 $946,900 $485,800 $461,100
2015 $10,691 $946,900 $485,800 $461,100
2014 $9,928 $852,900 $422,400 $430,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71235255

MLS Property Information Network (MLS PIN)

APN: NEED-000050-000057