$530,000
SOLD SEP 18, 2013

53 Wallace St Newton Highlands, MA 02461

Newton Highlands Neighborhood
2 Beds
1 Bath
828 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$640 Per Sq Ft

26% Above List Price

3 Days on Market

About This Home

As of March 2015

Two-bed, 1-bath ranch with carport - in need of renovation or redevelopment. Being sold "as-is" Level 7500sft lot. Nice tree-lined street. House faces golf course. Walk-around only. Offers due Thursday at noon.

Last Agent to Sell the Property

Michelle Lane

Michelle Lane Real Estate Listed on: 08/13/2013

Last Buyer's Agent

Michelle Lane

Michelle Lane Real Estate Listed on: 08/13/2013

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,969

Year Built

1944

Lot Details

0

Listing Details

  • Lot Description: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1944

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Shopping, Golf Course, Highway Access
  • Flooring: Tile, Laminate, Hardwood
  • Basement: Full
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Frontage: 75
  • Exterior: Clapboard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Carport
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Mar 27, 2015
Sold by
Wallace Street Llc
Bought by
Schmidt David E and Schmidt Jennifer J
Seller's Agent
Tatiana Kagan
Gibson Sotheby's International Realty
Buyer's Agent
Antonella Nigro
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,672,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,538
Avg. Annual Appreciation
5.81%
Original Mortgage
$800,000
Outstanding Balance
$618,069
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,054,469

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 18, 2013
Sold by
Verhulst Anna W
Bought by
Wallace St Llc
Seller's Agent
Michelle Lane
Michelle Lane Real Estate
Buyer's Agent
Michelle Lane
Michelle Lane Real Estate
List Price
$419,000
Sold Price
$530,000
Premium/Discount to List
$111,000
26.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.83%
Original Mortgage
$300,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Not Resolvable $1,495,000 --
Not Resolvable $530,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Purchase Money Mortgage
Previous Owner $785,000 No Value Available
Previous Owner $300,000 New Conventional
Previous Owner $13,792 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2015 03/28/15 Sold $1,495,000 0.0% $347 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/24/2015 02/24/15 Off Market $1,495,000 -- --
11/20/2014 11/20/14 For Sale $1,495,000 0.0% $347 / Sq Ft
09/02/2014 09/02/14 Off Market $1,495,000 -- --
08/13/2014 08/13/14 For Sale $1,495,000 +182.1% $347 / Sq Ft
09/18/2013 09/18/13 Sold $530,000 +26.5% $640 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $419,000 -- $506 / 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 $23,969 $2,445,800 $891,000 $1,554,800
2024 $23,176 $2,374,600 $865,000 $1,509,600
2023 $22,352 $2,195,700 $657,600 $1,538,100
2022 $21,388 $2,033,100 $608,900 $1,424,200
2021 $20,638 $1,918,000 $574,400 $1,343,600
2020 $20,024 $1,918,000 $574,400 $1,343,600
2019 $19,459 $1,862,100 $557,700 $1,304,400
2018 $18,573 $1,716,500 $501,100 $1,215,400
2017 $18,007 $1,619,300 $472,700 $1,146,600
2016 $17,222 $1,513,400 $441,800 $1,071,600
2015 $5,800 $499,600 $499,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Tatiana Kagan

    Seller's Agent in 2015

    Tatiana Kagan

    Gibson Sotheby's International Realty

    (617) 584-4834

    11 Total Sales

    Tatiana Kagan
    Section Image
  • Antonella Nigro

    Buyer's Agent in 2015

    Antonella Nigro

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 866-6007

    14 Total Sales

    Antonella Nigro
    Section Image
  • Michelle Lane

    Seller's Agent in 2013

    Michelle Lane

    Michelle Lane Real Estate

    (617) 584-3904

    1 in this area

    55 Total Sales

    Michelle Lane
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71569312

MLS Property Information Network (MLS PIN)

APN: NEWT-000083-000034-000025

Massachusetts Middlesex County Newton Highlands 02459 Newton Highlands

53 Wallace St, Newton Highlands, MA

This home is located at 53 Wallace St, Newton Highlands, MA 02461 and is currently priced at $530,000, approximately $640 per square foot. This property was built in 1944. 53 Wallace St is a home located in Middlesex County with nearby schools including Countryside Elementary School, Charles E Brown Middle School, and Newton South High School.

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