NOT LISTED FOR SALE

68 Melrose Ave Needham, MA 02492

Estimated Value: $1,235,203 - $1,484,000

3 Beds
2 Baths
1,536 Sq Ft
$890/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $610,000 $397 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,114/month

27 Days on Market

About This Home

As of December 2012

Walk to Everything! Near Center, Mitchell School, Hersey T, & Perry Park. Well Maintained Cape in Fantastic Neighborhood. Large Bedrooms w/ Excellent Ceiling Height & 2 w/ walk in Closets. Newer Windows & Hardwood Floors. Updated Kitchen w/ Eating Area, Large Front to Back Living Room & Dining Room w/ Crown & Wainscoting. Family/Play Room in LL. 2005 Heating System, Nice lot w/ Deck Overlooking Large Level Back Yard.

Last Agent to Sell the Property

Gary Kaufman

eXp Realty Listed on: 10/24/2012

eXp Realty

Last Buyer's Agent

Femion Mezini

Capital Realty Group

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,675

Year Built

1938

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 8
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Partially Finished, Garage Access, Radon Remediation System
  • Bedroom 2: Second Floor
  • Bedroom 3: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Walk-in Closet, Hard Wood Floor
  • Dining Room: First Floor
  • Family Room: Basement

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Enclosed Porch, Deck, Gutters, Storage Shed, Screens, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 21, 2012
Sold by
Jiang Rushan and Zhai Qing
Bought by
Kendall Bryan L and Kendall Bridget
Seller's Agent
Gary Kaufman
eXp Realty
Buyer's Agent
Femion Mezini
Capital Realty Group
List Price
$624,900
Sold Price
$610,000
Premium/Discount to List
-$14,900
-2.38%
Current Estimated Value
$1,367,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,801
Avg. Annual Appreciation
6.62%
Original Mortgage
$457,500
Outstanding Balance
$323,459
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,059,346

Purchase Details

Closed on
Sep 28, 2007
Sold by
Dernavich Lori R and Dernavich Paul A
Bought by
Zhai Qing and Jiang Rushan

Purchase Details

Closed on
Jan 3, 2001
Sold by
Doweiko John P
Bought by
Dernavich Paul A and Dernavich Lori R

Purchase Details

Closed on
Jun 18, 1991
Sold by
Martin Rosemary A
Bought by
Doweiko John P
Source: Public Records

Range of Values:

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Average Value
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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
Kendall Bryan L $610,000 --
Zhai Qing $565,000 --
Dernavich Paul A $460,000 --
Doweiko John P $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Bryan L $457,500
Previous Owner Doweiko John P $250,000
Previous Owner Doweiko John P $250,000
Previous Owner Doweiko John P $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $610,000 -2.4% $397 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $624,900 0.0% $407 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $624,900 -- $407 / 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 $10,675 $1,007,100 $794,700 $212,400
2024 $10,827 $864,800 $585,100 $279,700
2023 $10,995 $843,200 $585,100 $258,100
2022 $10,229 $765,100 $517,700 $247,400
2021 $9,969 $765,100 $517,700 $247,400
2020 $9,442 $756,000 $517,900 $238,100
2019 $8,718 $703,600 $470,800 $232,800
2018 $8,359 $703,600 $470,800 $232,800
2017 $8,036 $675,900 $470,800 $205,100
2016 $7,800 $675,900 $470,800 $205,100
2015 $7,631 $675,900 $470,800 $205,100
2014 $6,871 $590,300 $392,300 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71450744

MLS Property Information Network (MLS PIN)

APN: NEED-000054-000005