NOT LISTED FOR SALE

569 Charles River St Needham, MA 02492

Estimated Value: $2,579,000 - $3,305,167

5 Beds
5 Baths
7,056 Sq Ft
$430/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $1,550,000 $220 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $18,127/month

52 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Wet Bar
  • Newman Elementary School Rated A
  • Wood Flooring
  • Whole House Vacuum System

About This Home

As of November 2018

You'll feel instantly at home in this expansive 7000+SF custom home on a beautiful private acre adjacent to the tranquility of Ridge Hill Reservation. Rooms are ideally proportioned in a layout that captures the beauty of the setting from virtually every room. Parties & holidays become almost effortless in the grandly scaled living & dining rooms enhanced by a beautiful fireplace in the LR & a clever hidden bar in the foyer! A richly detailed, natural cherry fireplaced library occupies a quiet corner. Together w/ the adjacent home office & full bath, this 3-room suite would make a wonderful guest or main floor master suite. Similar flexibility in the arrangement of 5 second floor BRs- accessed by separate stairways- create great teen or in-law suites. Beamed ceilings & a dramatic stone fireplace lend atmosphere to the open & bright kitchen/family room with center island. Deck & large stone patio overlook a lush landscape & pool. 3-car garage. Equally convenient to Wellesley & Needham.

Last Agent to Sell the Property

Bell Property Partners

Compass Listed on: 07/17/2018

Compass

Last Buyer's Agent

Jason Jeon

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,280

Year Built

  • Built in 1988

Lot Details

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

Parking

  • 3 Car Garage

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Eco-Friendly Details

  • Whole House Vacuum System

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:221.0 B:0011 L:0000.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,280

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Year Built Description: Actual
  • List Price Per Sq Ft: 248.02
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Fireplaces: 4
  • Flooring: Tile, Hardwood
  • Interior Amenities: Central Vacuum, Security System, Wetbar
  • Appliances: Wall Oven, Dishwasher, Disposal, Countertop Range, Refrigerator, Freezer, Vacuum System
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 22X20, Fireplace, Closet - Cedar, Flooring - Hardwood, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 14X17, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 11X15, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 16X13, Ceiling - Cathedral, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Second Floor, Dimension: 16X12, Ceiling - Cathedral, Closet, Flooring - Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Shower Stall
  • Bathroom 2: On Level: Second Floor, Dimension: 18X27, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • No Rooms: 14
  • Dining Room: On Level: First Floor, Dimension: 14X19, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Family Room: On Level: First Floor, Dimension: 22X20, Fireplace, Ceiling - Cathedral, Flooring - Hardwood, French Doors, Exterior Access
  • Kitchen: On Level: First Floor, Dimension: 10X18, Skylight, Ceiling - Cathedral, Flooring - Hardwood, Kitchen Island, Open Floor Plan
  • Laundry: On Level: Second Floor
  • Living Room: On Level: First Floor, Dimension: 22X19, Fireplace, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead
  • Other Room 1: Name: Other, Dimension: 14X18, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Wet bar
  • Other Room 2: Name: Bathroom, On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower
  • Other Room 3: Name: Bathroom, On Level: First Floor, Bathroom - Half
  • Other Room 4: Name: Foyer, On Level: First Floor, Ceiling - Cathedral, Closet, Flooring - Hardwood
  • Other Room 5: Name: Library, On Level: First Floor, Dimension: 14X15, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Other Room 6: Name: Home Office, On Level: First Floor, Dimension: 10X15, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Main Lo: K95001
  • Main So: AN1953
  • Estimated Sq Ft: 7056.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Patio, Pool - Inground, Professional Landscaping
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 5
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Golf Course, Medical Facility, Conservation Area, Private School, Public School

Schools

  • Elementary School: Newman

Lot Info

  • Assessments: 1757800.00
  • Acre: 1.00
  • Lot Size: 43560.00
  • Page: 175
  • Parcel Number: M:221.0 B:0011 L:0000.0
  • Zoning: AP
  • Lot Description: Paved Drive, Easements

Tax Info

  • Taxes: 20883.00
  • Assessor Parcel Number: 146423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Lee Raymond and Lee Okhee
Bought by
Lee Okhee and Lee Jinwon
Current Estimated Value
$3,033,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$633,108
Interest Rate
2.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,137,575

Purchase Details

Listed on
Jul 17, 2018
Closed on
Nov 6, 2018
Sold by
Grimm F Jerome and Grimm Noel M
Bought by
Lee Raymond and Lee Okhee
Seller's Agent
Bell Property Partners
Compass
Buyer's Agent
Jason Jeon
Compass
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$1,085,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 1994
Sold by
Siler Gary L and Siler Christy G
Bought by
Grimm F Jerome and Grimm Noel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1990
Sold by
Baltic Realty Corp Tr
Bought by
Siler Gary L

Purchase Details

Closed on
Aug 22, 1990
Sold by
Est Porter David S
Bought by
Baltic Realty Corp Tr
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 Buyer Sale Price Title Company
Lee Okhee -- None Available
Lee Okhee -- None Available
Lee Raymond $1,550,000 --
Grimm F Jerome $850,000 --
Siler Gary L $685,000 --
Baltic Realty Corp Tr $630,000 --
Grimm F Jerome F $850,000 --
Siler Gary L $685,000 --
Baltic Realty Corp Tr $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Okhee $770,000
Closed Lee Okhee $770,000
Previous Owner Lee Raymond $1,085,000
Previous Owner Baltic Realty Corp Tr $103,405
Previous Owner Grimm Fjerome $154,700
Previous Owner Grimm F Jerome $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $1,550,000 -11.4% $220 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $1,750,000 -- $248 / 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 $25,280 $2,384,900 $887,800 $1,497,100
2024 $25,359 $2,025,500 $791,900 $1,233,600
2023 $25,210 $1,933,300 $791,900 $1,141,400
2022 $23,406 $1,750,600 $665,700 $1,084,900
2021 $22,810 $1,750,600 $665,700 $1,084,900
2020 $21,743 $1,740,800 $665,600 $1,075,200
2019 $21,274 $1,717,000 $665,600 $1,051,400
2018 $20,883 $1,757,800 $665,600 $1,092,200
2017 $22,429 $1,886,400 $700,600 $1,185,800
2016 $21,769 $1,886,400 $700,600 $1,185,800
2015 $21,297 $1,886,400 $700,600 $1,185,800
2014 $21,551 $1,851,500 $700,600 $1,150,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72363371

MLS Property Information Network (MLS PIN)

APN: NEED-000221-000011