NOT LISTED FOR SALE

554 Central Ave Needham Heights, MA 02494

Estimated Value: $1,026,000 - $1,279,660

3 Beds
1 Bath
1,204 Sq Ft
$933/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $460,000 $382 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,612/month

4 Days on Market

About This Home

As of August 2013

Great opportunity to own a single family in move in condition on large lot in Needham. Property features three bedrooms, full bath, living room, dining room and kitchen. Unfinished, walkout basement with high ceilings offers great potential for additional 1,000 +/- square feet of living space. In ideal commuter location near Needham Heights train station as well easy access to both RT 9 and 128. Great value for a well cared for home with tremendous upside.

Last Agent to Sell the Property

Ryan McDonnell

Hawthorn Properties Listed on: 06/13/2013

Last Buyer's Agent

Gail Nannini

Louise Condon Realty

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full
  • Bedroom 2: First Floor, 13X8
  • Bedroom 3: First Floor, 11X9
  • Bathroom #1: First Floor, 9X7
  • Kitchen: First Floor, 13X10
  • Laundry Room: Basement
  • Living Room: First Floor, 18X13
  • Master Bedroom: First Floor, 13X12
  • Master Bedroom Description: Closet, Flooring - Hardwood, Main Level, Cable Hookup
  • Dining Room: First Floor, 10X10

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Shingles, Brick
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking Spaces: 3

Utilities

  • Heat Zones: 1
  • 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

Listed on
Jun 13, 2013
Closed on
Aug 2, 2013
Sold by
Cotell Richard W and Cotell Jennifer A
Bought by
Wiggin Jamie and Wiggin Kera
Seller's Agent
Ryan McDonnell
Hawthorn Properties
Buyer's Agent
Gail Nannini
Louise Condon Realty
List Price
$439,000
Sold Price
$460,000
Premium/Discount to List
$21,000
4.78%
Current Estimated Value
$1,123,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,415
Avg. Annual Appreciation
7.42%
Original Mortgage
$451,668
Outstanding Balance
$337,359
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$786,056

Purchase Details

Closed on
Jun 30, 1999
Sold by
Est Frederick Edward B and Frederick James E
Bought by
Cotell Richard W and Cotell Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wiggin Jamie $460,000 --
Wiggin Jamie $460,000 --
Cotell Richard W $249,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggin Jamie $451,668
Closed Wiggin Jamie $451,668
Previous Owner Cotell Richard W $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $460,000 +4.8% $382 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $439,000 -- $365 / 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 $9,551 $901,000 $673,200 $227,800
2024 $8,052 $643,100 $410,700 $232,400
2023 $8,153 $625,200 $410,700 $214,500
2022 $7,657 $572,700 $366,900 $205,800
2021 $7,462 $572,700 $366,900 $205,800
2020 $7,233 $579,100 $366,900 $212,200
2019 $6,731 $543,300 $333,800 $209,500
2018 $6,454 $543,300 $333,800 $209,500
2017 $5,875 $494,100 $333,800 $160,300
2016 $5,722 $495,800 $333,800 $162,000
2015 $5,598 $495,800 $333,800 $162,000
2014 $5,474 $470,300 $327,300 $143,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan McDonnell

    Hawthorn Properties

    (617) 212-2488

    1 in this area

    1 Total Sale

    Ryan McDonnell
    Section Image
  • Gail Nannini

    Buyer's Agent in 2013

    Gail Nannini

    Louise Condon Realty

    (617) 678-1278

    12 in this area

    15 Total Sales

    Gail Nannini
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71541251

MLS Property Information Network (MLS PIN)

APN: NEED-000097-000030

Massachusetts Norfolk County Needham Heights 02494

554 Central Ave, Needham Heights, MA

Not Listed for Sale

Detached

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