Seller's Agent in 2025
Donahue Maley & Burns Team
Compass
(508) 254-9288
10 in this area
291 Total Sales
56 Lantern Ln Needham, MA 02492
5
Beds
4.5
Baths
6,114
Sq Ft
1.05
Acres
Highlights
- Medical Services
- Media Room
- Open Floorplan
- Newman Elementary School Rated A
- 1.05 Acre Lot
- Custom Closet System
About This Home
As of June 2025Sited on over an acre of private professionally landscaped grounds on a cul de sac, this stately 5 bedroom home features a spectacular floorplan with formal living and dining rooms, a private study and recently renovated chef’s kitchen that opens to a fireplaced family room. Four generous bedrooms and 2 renovated bathrooms on the second floor including the handsome primary suite with spa bath and walk in closet. A separate inlaw or guest suite offers flexible living arrangements. Fabulous lower level with recreation room, gym, media area and full bath. Three car garage, private rolling lawns and around the corner from train, shops and restaurants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,524
Year Built
- Built in 1988 | Remodeled
Lot Details
- 1.05 Acre Lot
- Level Lot
- Sprinkler System
- Property is zoned SRB
Parking
- 3 Car Attached Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Central Vacuum
- Wainscoting
- Coffered Ceiling
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Mud Room
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Area
- Media Room
- Home Office
- Play Room
- Home Gym
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on main level
Kitchen
- Oven
- Range with Range Hood
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Separate Shower
Outdoor Features
- Deck
- Enclosed Patio or Porch
Location
- Property is near public transit
Schools
- Hirock/Pollard Middle School
- Needham High School
Utilities
- Forced Air Heating and Cooling System
- 3 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:042.0 B:0025 L:0006.0,139436
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
May 16, 2025
Sold by
Schwartz Stuart and Schwartz Corey S
Bought by
Chokel Chad and Yang Yoojung
Seller's Agent
Donahue Maley & Burns Team
Compass
Buyer's Agent
Thomas McGair
Coldwell Banker Realty - Boston
List Price
$2,895,000
Sold Price
$2,850,000
Premium/Discount to List
-$45,000
-1.55%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,203
Avg. Annual Appreciation
-5.44%
Purchase Details
Closed on
Nov 15, 2006
Sold by
Kelly Daniel J and Kelly Patricia G
Bought by
Schwartz Stuart and Schwartz Corey S
Purchase Details
Closed on
May 9, 2003
Sold by
Murphy and R & J Murphy Rt
Bought by
Kelly Daniel J and Kelly Patricia G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,662
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1988
Sold by
Pershing Constr
Bought by
Murphy Richard F
Purchase Details
Closed on
Oct 16, 1987
Sold by
Mcgillicuddy John J
Bought by
Germagian Tr Jeffrey C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,850,000 | None Available | |
| Quit Claim Deed | $2,850,000 | None Available | |
| Land Court Massachusetts | $1,610,000 | -- | |
| Land Court Massachusetts | $1,610,000 | -- | |
| Deed | $1,195,550 | -- | |
| Land Court Massachusetts | $1,195,550 | -- | |
| Deed | $1,195,550 | -- | |
| Deed | $770,000 | -- | |
| Deed | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $896,662 | Purchase Money Mortgage | |
| Previous Owner | $195,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $2,850,000 | -1.6% | $466 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $2,895,000 | -- | $474 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $22,157 | $2,090,300 | $907,300 | $1,183,000 |
| 2024 | $21,524 | $1,719,200 | $708,000 | $1,011,200 |
| 2023 | $21,430 | $1,643,400 | $708,000 | $935,400 |
| 2022 | $21,335 | $1,595,700 | $708,000 | $887,700 |
| 2021 | $20,792 | $1,595,700 | $708,000 | $887,700 |
| 2020 | $19,774 | $1,583,200 | $704,000 | $879,200 |
| 2019 | $19,382 | $1,564,300 | $704,000 | $860,300 |
| 2018 | $18,584 | $1,564,300 | $704,000 | $860,300 |
| 2017 | $19,511 | $1,641,000 | $704,000 | $937,000 |
| 2016 | $18,937 | $1,641,000 | $704,000 | $937,000 |
| 2015 | $18,527 | $1,641,000 | $704,000 | $937,000 |
| 2014 | $18,821 | $1,616,900 | $704,000 | $912,900 |
Source: Public Records
Agents Affiliated with this Home
-
Donahue Maley & Burns Team
-
Stephanie Burns
S
Seller Co-Listing Agent in 2025
Stephanie Burns
Compass
(617) 680-5042
1 in this area
14 Total Sales
-
Lynn Donahue
L
Seller Co-Listing Agent in 2025
Lynn Donahue
Compass
(781) 264-5225
1 in this area
18 Total Sales
-
Donna Maley
Seller Co-Listing Agent in 2025
Donna Maley
Compass
(508) 254-9288
1 in this area
17 Total Sales
-
Thomas McGair
Buyer's Agent in 2025
Thomas McGair
Coldwell Banker Realty - Boston
(617) 587-4605
1 in this area
41 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73341611
APN: NEED-000042-000025-000006
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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