NOT LISTED FOR SALE

56 Tower Ave Needham Heights, MA 02494

Estimated Value: $1,709,830 - $2,438,000

4 Beds
4 Baths
3,779 Sq Ft
$553/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $1,157,500 $306 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $12,221/month

123 Days on Market

About This Home

As of September 2012

Gracious 1920's Tudor, thoughtfully combining the warmth and character of the era with today's amenities. The 2004 superb addition & renovation includes a beautifully designed, well-equipped cook's kitchen & eating area. The adjoining family room has a gas fireplace and vaulted ceiling, and a grand fireplace graces the well proportioned LR with boxed beams. Master bath with wonderful tile work, first floor office & laundry room, 3rd fl. media room and LL au pair suite, games & exercise rooms.

Last Agent to Sell the Property

Veronica Franklin

Compass Listed on: 04/27/2012

Compass

Last Buyer's Agent

Beth Regan

Compass

Compass

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet, Stone / Slate
  • Interior Amenities: Security System, Cable Available
  • Basement: Full, Finished, Walk Out, Concrete Floor
  • Bedroom 2: Second Floor, 14X11
  • Bedroom 3: Second Floor, 11X11
  • Bedroom 4: Second Floor, 11X10
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Basement
  • Kitchen: First Floor, 23X14
  • Laundry Room: First Floor, 16X10
  • Living Room: First Floor, 17X13
  • Master Bedroom: Second Floor, 14X13
  • Master Bedroom Description: Full Bath, Cathedral Ceils, Walk-in Closet, Hard Wood Floor
  • Dining Room: First Floor, 14X10
  • Family Room: First Floor, 20X15

Exterior Features

  • Frontage: 88
  • Construction: Brick
  • Exterior: Wood, Brick
  • Exterior Features: Patio, Gutters, Prof. Landscape, Sprinkler System, Screens, Stone Wall
  • Foundation: Concrete Block

Garage/Parking

  • Garage Parking: Attached, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 4
  • Hot Water: Oil, Separate Booster
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Sep 7, 2012
Sold by
Ganot Israel Y and Ganot Denise Y
Bought by
Feldman Robert and Feldman Tera
Seller's Agent
Veronica Franklin
Compass
Buyer's Agent
Beth Regan
Compass
List Price
$1,399,000
Sold Price
$1,157,500
Premium/Discount to List
-$241,500
-17.26%
Current Estimated Value
$2,089,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,458
Avg. Annual Appreciation
4.52%
Original Mortgage
$868,125
Outstanding Balance
$584,323
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,505,635

Purchase Details

Closed on
Feb 17, 2009
Sold by
56 Tower Avenue Nt and Ganot Denise Y
Bought by
Ganot Denise Y and Ganot Israel Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2007
Sold by
Ganot Denise Y and Ganot Israel Y
Bought by
56 Tower Avenue Nt and Ganot Denise Y

Purchase Details

Closed on
Jul 25, 2006
Sold by
Browne Cynthia L and Browne David W
Bought by
Ganot Denise Y and Ganot Israel Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2002
Sold by
Levy Seymour B and Levy Brenda G
Bought by
Browne Cynthia L and Browne David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.72%
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
Feldman Robert $1,157,500 --
Ganot Denise Y -- --
56 Tower Avenue Nt -- --
Ganot Denise Y $1,451,000 --
Browne Cynthia L $766,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Robert $868,125
Previous Owner Ganot Denise Y $408,000
Previous Owner Ganot Denise Y $417,000
Previous Owner Browne Cynthia L $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2012 09/07/12 Sold $1,157,500 -3.5% $306 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
07/13/2012 07/13/12 Price Changed $1,199,000 -6.0% $317 / Sq Ft
05/14/2012 05/14/12 Price Changed $1,275,000 -8.9% $337 / Sq Ft
04/27/2012 04/27/12 For Sale $1,399,000 -- $370 / 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 $16,816 $1,586,400 $773,600 $812,800
2024 $20,476 $1,635,500 $552,600 $1,082,900
2023 $20,083 $1,540,100 $552,600 $987,500
2022 $18,977 $1,419,400 $484,800 $934,600
2021 $18,495 $1,419,400 $484,800 $934,600
2020 $17,334 $1,387,800 $484,800 $903,000
2019 $16,389 $1,322,800 $440,800 $882,000
2018 $15,715 $1,322,800 $440,800 $882,000
2017 $14,395 $1,210,700 $440,800 $769,900
2016 $13,971 $1,210,700 $440,800 $769,900
2015 $13,669 $1,210,700 $440,800 $769,900
2014 $13,256 $1,138,800 $400,800 $738,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Veronica Franklin

    Compass

    Section Image
  • Beth Regan

    Buyer's Agent in 2012

    Beth Regan

    Compass

    (781) 640-7895

    6 in this area

    21 Total Sales

    Beth Regan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71373947

MLS Property Information Network (MLS PIN)

APN: NEED-000065-000033

Massachusetts Norfolk County Needham Heights 02494

56 Tower Ave, Needham Heights, MA

Not Listed for Sale

Detached

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