Seller's Agent in 2024
Chip Spalding
Dover Country Properties Inc.
(508) 785-1550
1 in this area
10 Total Sales
60 Lantern Ln Needham, MA 02492
Estimated Value: $2,868,000 - $3,290,000
7
Beds
8
Baths
7,000
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Media Room
- Cabana
- 1.85 Acre Lot
- Newman Elementary School Rated A
- Sauna
- Custom Closet System
About This Home
As of September 2024A very unusual offering located within walking distance to public transportation and shops and with privacy at end of cul de sac. This home features 15 rooms, 7 bedrooms, 5 full baths, 3 half baths. A full in-law suite on first floor has a separate outside entrance. The grounds are professionally landscaped and there is an in ground pool, pool house with half bath, washer & dryer, refrigerator, outdoor shower. The first floor includes combination kitchen & dining area, family room with fireplace & wet bar, library with fireplace and mahogany trim, bedroom & bath. There are 4 bedrooms, 3 full baths on 2nd floor. A home theatre, large gym area, bedroom, sitting room, half bath are located on lower level.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,631
Year Built
- Built in 1986
Lot Details
- 1.85 Acre Lot
- Landscaped Professionally
- Sprinkler System
- Wooded Lot
Parking
- 3 Car Attached Garage
- Tuck Under Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,000 Sq Ft Home
- Wet Bar
- Central Vacuum
- Coffered Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Family Room with Fireplace
- 2 Fireplaces
- Dining Area
- Media Room
- Library
- Sauna
- Home Gym
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry on main level
- Dryer
- Washer
Pool
- Cabana
- Heated In Ground Pool
- Spa
Outdoor Features
- Balcony
- Deck
- Patio
Location
- Property is near public transit
Schools
- Newman Elementary School
- Highrockpollard Middle School
- Needham High School
Utilities
- Central Air
- 6 Cooling Zones
- 7 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- No Home Owners Association
- Shops
Listing and Financial Details
- Assessor Parcel Number 139496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2018
Closed on
Jun 1, 2018
Sold by
Tocci David F and Tocci Nancy P
Bought by
Mcmahon Terrance M and Fields-Brassard Thanda A
Seller's Agent
Adriano Varano
Keller Williams Realty
Buyer's Agent
Chip Spalding
Dover Country Properties Inc.
List Price
$2,199,000
Sold Price
$2,205,000
Premium/Discount to List
$6,000
0.27%
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
$833,100
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,760,000
Outstanding Balance
$1,500,212
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$1,537,888
Purchase Details
Closed on
Jul 16, 1992
Sold by
1St Natl Bk Of Boston
Bought by
Tocci David F and Tocci Nancy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
8.26%
Purchase Details
Closed on
Apr 5, 1988
Sold by
Germagian Jeffrey
Bought by
Pershing Constr Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmahon Terrance M | $2,205,000 | -- | |
| Tocci David F | $15,000 | -- | |
| Tocci David F | $15,000 | -- | |
| Pershing Constr Inc | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmahon Terrance M | $1,760,000 | |
| Closed | Pershing Constr Inc | $1,760,000 | |
| Previous Owner | Pershing Constr Inc | $569,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $2,700,000 | -10.0% | $386 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 06/15/2024 06/15/24 | Price Changed | $3,000,000 | -9.1% | $429 / Sq Ft | |
| 06/06/2024 06/06/24 | For Sale | $3,300,000 | +49.7% | $471 / Sq Ft | |
| 06/01/2018 06/01/18 | Sold | $2,205,000 | +0.3% | $259 / Sq Ft | View Prior Sale |
| 03/01/2018 03/01/18 | Pending | -- | -- | -- | |
| 02/06/2018 02/06/18 | For Sale | $2,199,000 | -- | $259 / 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 | $29,961 | $2,826,500 | $962,300 | $1,864,200 |
| 2024 | $30,631 | $2,446,600 | $746,700 | $1,699,900 |
| 2023 | $30,300 | $2,323,600 | $746,700 | $1,576,900 |
| 2022 | $30,061 | $2,248,400 | $746,700 | $1,501,700 |
| 2021 | $29,297 | $2,248,400 | $746,700 | $1,501,700 |
| 2020 | $27,167 | $2,175,100 | $746,700 | $1,428,400 |
| 2019 | $26,583 | $2,145,500 | $746,700 | $1,398,800 |
| 2018 | $25,489 | $2,145,500 | $746,700 | $1,398,800 |
| 2017 | $23,359 | $1,964,600 | $746,700 | $1,217,900 |
| 2016 | $22,678 | $1,965,200 | $746,700 | $1,218,500 |
| 2015 | $22,187 | $1,965,200 | $746,700 | $1,218,500 |
| 2014 | $22,521 | $1,934,800 | $746,700 | $1,188,100 |
Source: Public Records
Agents Affiliated with this Home
-
Chip Spalding
-
David McDonough
D
Buyer's Agent in 2024
David McDonough
Coldwell Banker Realty - Wellesley
(781) 690-2216
1 in this area
10 Total Sales
-
Adriano Varano
Seller's Agent in 2018
Adriano Varano
Keller Williams Realty
(339) 222-0871
87 in this area
332 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73248274
APN: NEED-000043-000014-000003
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