NOT LISTED FOR SALE

68 Burr Dr Needham, MA 02492

Estimated Value: $3,647,000 - $4,452,000

5 Beds
8 Baths
7,263 Sq Ft
$547/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $2,366,250 $326 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $25,377/month

180 Days on Market

About This Home

As of February 2015

Spectacular grand colonial located in a prestigious neighborhood on 1.57 acres of lush landscaped grounds. This 14 room, 5 bedroom home has custom details and great spaces for formal and informal entertaining. Grand 2 story foyer leads to a living room and dining room plus an open floor plan consisting of a chefs kitchen with custom cabinetry and a large eating area that connects to a coffered ceiling family room and solarium which opens to a magnificent deck and pool area with exceptional grounds. A sunny study with mahogany cabinetry completes the first floor. The second floor has 2 fabulous master bedrooms with beautifully appointed baths and walk in closets. 3 more en suite bedrooms plus a computer area and office complete the 2nd floor. The lower level is finished for party and play. A must see!!

Last Agent to Sell the Property

Joni Shore

Douglas Elliman Real Estate - Wellesley Listed on: 06/18/2014

Douglas Elliman Real Estate - Wellesley

Last Buyer's Agent

Arthur Cantor

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Feb 23, 2015
Sold by
68 Burr Drive Rt
Bought by
Mehra Mandeep and Mehra Gayatri
Seller's Agent
Joni Shore
Douglas Elliman Real Estate - Wellesley
Buyer's Agent
Arthur Cantor
Coldwell Banker Realty - Newton
List Price
$2,895,000
Sold Price
$2,366,250
Premium/Discount to List
-$528,750
-18.26%
Total Days on Market
180
Current Estimated Value
$3,972,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,791
Avg. Annual Appreciation
5.61%
Original Mortgage
$1,774,687
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Lawrence Jennifer E and Lawrence Michael
Bought by
68 Burr Drive Rt and Lawrence Michael

Purchase Details

Closed on
Apr 14, 2006
Sold by
Chestnut Bldrs Llc
Bought by
Lawrence Jennifer E and Lawrence Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mehra Mandeep $2,366,250 --
68 Burr Drive Rt -- --
Lawrence Jennifer E $2,394,515 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehra Mandeep R $1,575,000
Closed Mehra Mandeep $1,774,687
Previous Owner 68 Burr Drive Rt $285,000
Previous Owner Lawrence Jennifer E $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2015 02/23/15 Sold $2,366,250 0.0% $326 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/17/2014 11/17/14 Off Market $2,366,250 -- --
09/10/2014 09/10/14 Price Changed $2,595,000 -10.4% $357 / Sq Ft
06/18/2014 06/18/14 For Sale $2,895,000 -- $399 / 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 $36,957 $3,486,500 $953,300 $2,533,200
2024 $35,243 $2,814,900 $740,300 $2,074,600
2023 $34,396 $2,637,700 $740,300 $1,897,400
2022 $34,223 $2,559,700 $740,300 $1,819,400
2021 $33,353 $2,559,700 $740,300 $1,819,400
2020 $31,637 $2,533,000 $740,400 $1,792,600
2019 $31,079 $2,508,400 $740,400 $1,768,000
2018 $29,800 $2,508,400 $740,400 $1,768,000
2017 $27,041 $2,274,300 $740,400 $1,533,900
2016 $30,687 $2,659,200 $740,400 $1,918,800
2015 $30,022 $2,659,200 $740,400 $1,918,800
2014 $27,944 $2,400,700 $740,400 $1,660,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71700573

MLS Property Information Network (MLS PIN)

APN: NEED-000207-000023