NOT LISTED FOR SALE

720 South St Needham, MA 02492

Estimated Value: $3,279,000 - $5,048,000

5 Beds
5 Baths
7,653 Sq Ft
$551/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $2,496,000 $326 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $25,410/month

346 Days on Market

About This Home

As of February 2016

This extraordinary property, built in 2005, is magnificently sited on 3.31 acres of privacy. An impressive 30' entrance foyer invites spectacular views of the beautifully landscaped back yard and sets the tone of the property's twelve gracious rooms. The grand first floor living space features soaring 9' ceilings, stunning formal living and dining rooms, a cozy study and a state-of-the-art gourmet kitchen, which opens to the 22x27 fireplaced family room. A beautifully designed Master bedroom suite features a gas fireplace and gorgeous bath, richly appointed marble flooring, an oval soaking tub and oversized custom closets. Four additional spacious bedrooms complete the second floor. Perfectly manicured grounds include a full sports court/hockey rink. A 31x22 exercise studio has been added above the three-car garage. The fabulous sports court/ hockey rink with professional lighting will provide many wonderful hours of family entertainment!! December closing is a possibility.

Last Agent to Sell the Property

Ellen Walsh

Coldwell Banker Realty - Wellesley License #449502872 Listed on: 12/01/2014

Coldwell Banker Realty - Wellesley

Last Buyer's Agent

Ellen Walsh

Coldwell Banker Realty - Wellesley License #449502872 Listed on: 12/01/2014

Coldwell Banker Realty - Wellesley

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,577

Year Built

2005

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Cleared, Gentle Slope, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Compactor, Microwave, Refrigerator, Freezer, Vacuum System, Vent Hood
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Marble, Hardwood, Wall to Wall Carpet
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available, French Doors, Security System
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 18X17
  • Bedroom 3: Second Floor, 13X17
  • Bedroom 4: Second Floor, 14X17
  • Bedroom 5: Second Floor, 14X15
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 30X23
  • Laundry Room: Second Floor, 10X15
  • Living Room: First Floor, 19X17
  • Master Bedroom: Second Floor, 21X21
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet - Walk-in, Flooring - Hardwood, Double Vanity, Dressing Room
  • Dining Room: First Floor, 17X17
  • Family Room: First Floor, 22X27

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Covered Patio/Deck, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Insulated, Storage
  • Garage Spaces: 3
  • Parking: Improved Driveway, Paved Driveway
  • Parking Spaces: 25

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 5
  • Heat Zones: 5
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer

Schools

  • Elementary School: Newman
  • Middle School: Pollard
  • High School: Needham

Lot Info

  • Assessor Parcel Number: M:2040001300000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Feb 4, 2016
Sold by
Zink Joseph L
Bought by
Palladino Peter M and Palladino Christine A
Seller's Agent
Ellen Walsh
Coldwell Banker Realty - Wellesley
Buyer's Agent
Ellen Walsh
Coldwell Banker Realty - Wellesley
List Price
$3,200,000
Sold Price
$2,496,000
Premium/Discount to List
-$704,000
-22%
Current Estimated Value
$4,218,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,722,707
Avg. Annual Appreciation
5.40%
Original Mortgage
$2,241,087
Outstanding Balance
$1,811,769
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,336,112

Purchase Details

Closed on
Apr 24, 2007
Sold by
Stenberg Paul H and Stenberg Madeline K
Bought by
Zink Joseph L

Purchase Details

Closed on
Apr 18, 2007
Sold by
Stenberg Madeline K and Stenberg Paul H
Bought by
Stenberg Madeline K and Stenberg Paul H

Purchase Details

Closed on
Apr 17, 2003
Sold by
Anderson Leanne S and Anderson Mark E
Bought by
Stenberg Madeline K and Stenberg Paul J

Purchase Details

Closed on
Jun 20, 1994
Sold by
Harnett Anthony J and Harnett Susan M
Bought by
Anderson Mark E and Anderson Leanne S
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
Palladino Peter M $2,496,000 --
Zink Joseph L $3,135,000 --
Stenberg Madeline K -- --
Stenberg Madeline K $2,000,000 --
Anderson Mark E $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palladino Peter M $2,241,087
Previous Owner Anderson Mark E $1,500,000
Previous Owner Anderson Mark E $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $2,496,000 -3.8% $326 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
09/08/2015 09/08/15 Price Changed $2,595,000 -7.2% $339 / Sq Ft
06/09/2015 06/09/15 Price Changed $2,795,000 -6.7% $365 / Sq Ft
04/30/2015 04/30/15 Price Changed $2,995,000 -6.4% $391 / Sq Ft
01/19/2015 01/19/15 For Sale $3,200,000 +28.2% $418 / Sq Ft
12/09/2014 12/09/14 Off Market $2,496,000 -- --
12/01/2014 12/01/14 For Sale $3,200,000 -- $418 / 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 $37,577 $3,545,000 $1,087,600 $2,457,400
2024 $37,650 $3,007,200 $1,005,300 $2,001,900
2023 $37,274 $2,858,400 $1,005,300 $1,853,100
2022 $35,648 $2,666,300 $904,700 $1,761,600
2021 $32,768 $2,514,800 $904,700 $1,610,100
2020 $31,176 $2,496,100 $904,000 $1,592,100
2019 $30,598 $2,469,600 $904,000 $1,565,600
2018 $29,339 $2,469,600 $904,000 $1,565,600
2017 $29,494 $2,480,600 $904,000 $1,576,600
2016 $34,637 $3,001,500 $1,156,200 $1,845,300
2015 $33,887 $3,001,500 $1,156,200 $1,845,300
2014 $33,527 $2,880,300 $1,156,200 $1,724,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71772838

MLS Property Information Network (MLS PIN)

APN: NEED-000204-000013