NOT LISTED FOR SALE

50 Prospect St Needham, MA 02492

Estimated Value: $1,049,000 - $1,212,712

3 Beds
2 Baths
1,700 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $880,000 $518 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,728/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • French Doors
  • High Rock Middle School Rated A
  • Patio
  • Central Air

About This Home

As of August 2020

Come home to this beautiful village colonial with a welcoming portico, lovely front yard & a white picket fence. This home offers a renovated kitchen with granite counters, a gas range, SS appliances, & a convenient prep area. The formal dining room has access to a private patio suitable for al fresco dining. The elegant living room w/ a marble fireplace & exquisite mantel leads to a sun-splashed home office w/ french doors. View the full bath w/ a shower & sink. Walk upstairs to find 3 spacious 2nd floor bedrooms including a master bedroom w/ a cathedral ceiling & walk-in closet. The 2nd renovated full bath has a tiled tub w/ shower, a vanity w/ a granite top & storage cubbies. The walk-out lower level includes a family room, a laundry area & access to a garage w/ plenty of storage space. Hardwood floors. Air-conditioning. Newer Roof 2014. Professionally landscaped yard. Walk to Needham Center, train, restaurants & shops. Saturday & Sunday Appointments from 1 - 3:30 PM.

Last Agent to Sell the Property

Jacqueline Sandler

Louise Condon Realty Listed on: 06/04/2020

Co-Listed By

Tish Kennedy Dolan

Louise Condon Realty

Last Buyer's Agent

Maura Cutting

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,707

Year Built

  • Built in 1928

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Property is zoned SRB

Parking

  • 1 Car Garage

Interior Spaces

  • Window Screens
  • French Doors
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,707

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 485.29
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1928
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: French Doors
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 16X11, Ceiling - Cathedral, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 13X12, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 11X9, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 13X13, Flooring - Hardwood, French Doors, Lighting - Overhead
  • Family Room: On Level: Basement, Dimension: 14X12, Closet, Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, Lighting - Overhead
  • Kitchen: On Level: First Floor, Dimension: 13X10, Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances, Lighting - Overhead
  • Laundry: On Level: Basement, Dimension: 6X6, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 18X11, Fireplace, Flooring - Hardwood, French Doors
  • Basement: Y
  • Basement Features: Partial, Partially Finished, Walk Out, Interior Access, Garage Access
  • Other Room 1: Name: Home Office, On Level: First Floor, Dimension: 11X8, Flooring - Hardwood, French Doors, High Speed Internet Hookup
  • Other Room 2: Name: Foyer, On Level: First Floor, Dimension: 9X6, Closet, Flooring - Hardwood, Lighting - Sconce
  • Main Lo: BB5230
  • Main So: AN4870
  • Estimated Sq Ft: 1700.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame, Stone/Concrete, Block
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Patio, Gutters, Professional Landscaping, Screens
  • Foundation: Concrete Block
  • Insulation Feature: Mixed

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3
  • Garage Parking: Under, Garage Door Opener, Storage
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air, Ductless Mini-Split System
  • Cooling Zones: 4
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Williams
  • Middle School: Pollard
  • High School: Needham

Lot Info

  • Assessments: 666500.00
  • Lot: 000
  • Acre: 0.20
  • Lot Size: 8712.00
  • Page: 92
  • Zoning: SRB
  • Lot Description: Paved Drive, Shared Drive, Level, Sloping

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Storm Doors, Prog. Thermostat

Tax Info

  • Taxes: 8257.94
  • Assessor Parcel Number: 144442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 31, 2020
Sold by
Covitz Peter and Covitz Kuang-Ming
Bought by
Steinke Michael A and Farrell Shannon P
Seller's Agent
Jacqueline Sandler
Louise Condon Realty
Buyer's Agent
Maura Cutting
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$825,000
Sold Price
$880,000
Premium/Discount to List
$55,000
6.67%
Total Days on Market
5
Current Estimated Value
$1,128,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,678
Avg. Annual Appreciation
6.56%
Original Mortgage
$704,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 23, 2015
Closed on
May 15, 2015
Sold by
Silverstein Eric C
Bought by
Covitz Peter and Covitz Kuang-Ming
Seller's Agent
Larry Fisch
Boston's Preferred Properties, Inc.
Buyer's Agent
Debeth Gooding
Compass
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$415,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Liao Chien-Wel E and Feng Lillian
Bought by
Silverstein Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Levine Gary
Bought by
Liao Chien-Wei E and Feng Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2000
Sold by
Chausovsky Galina
Bought by
Levine Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,650
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2000
Sold by
Mcdonnell Marguerite M
Bought by
Chausovsky Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Steinke Michael A $880,000 None Available
Covitz Peter $685,000 --
Silverstein Eric C $560,000 --
Liao Chien-Wei E $582,500 --
Levine Gary $429,000 --
Chausovsky Galina $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinke Michael A $158,000
Open Farrell Shannon P $1,112,600
Closed Steinke Michael A $696,000
Closed Steinke Michael A $704,000
Previous Owner Covitz Peter $415,000
Previous Owner Covitz Peter $120,000
Previous Owner Silverstein Eric C $125,000
Previous Owner Liao Chien-Wei E $464,000
Previous Owner Liao Chien-Wei E $72,500
Previous Owner Levine Gary D $322,000
Previous Owner Levine Gary D $60,000
Previous Owner Chausovsky Galina $364,650
Previous Owner Chausovsky Galina $305,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $880,000 +6.7% $518 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $825,000 +20.4% $485 / Sq Ft
05/15/2015 05/15/15 Sold $685,000 0.0% $476 / Sq Ft
04/11/2015 04/11/15 Pending -- -- --
03/31/2015 03/31/15 Off Market $685,000 -- --
03/23/2015 03/23/15 For Sale $675,000 -- $469 / 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 $16,707 $1,576,100 $707,100 $869,000
2024 $10,400 $830,700 $516,100 $314,600
2023 $10,526 $807,200 $516,100 $291,100
2022 $10,240 $765,900 $486,800 $279,100
2021 $9,425 $723,300 $486,800 $236,500
2020 $8,942 $715,900 $486,900 $229,000
2019 $8,258 $666,500 $442,700 $223,800
2018 $7,918 $666,500 $442,700 $223,800
2017 $7,623 $641,100 $442,700 $198,400
2016 $7,269 $629,900 $442,700 $187,200
2015 $7,112 $629,900 $442,700 $187,200
2014 -- $582,800 $402,400 $180,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72667891

MLS Property Information Network (MLS PIN)

APN: NEED-000131-000019