Seller's Agent in 2023
Kim Covino
Compass
(781) 249-3854
54 in this area
424 Total Sales
8 Niles Ln Winchester, MA 01890
The Flats NeighborhoodEstimated Value: $4,746,000 - $5,478,000
8
Beds
7.5
Baths
7,497
Sq Ft
$687/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wine Cellar
- Home Theater
- Ambrose Elementary School Rated A
- Medical Services
- Lake View
About This Home
As of December 2023MAJESTIC LAKEFRONT ESTATE! Situated directly on the Mystic lake w/ expansive yard & breathtaking views offering the most gorgeous and serene setting in all of Winchester. This 21+ room custom home includes 7/8 bedrooms and 7.5 baths. The 2 room primary suite features 13’ beamed ceiling w/ oversized windows, direct water views, luxurious bath w/ soaking tub & fireplace plus a private sitting room w/ custom cherry walls, second fireplace & balcony/deck. The kitchen is highlighted by a gourmet custom La Corneu Chateaux 48” double-oven range, w/ adjacent dining area & lakefront family room w/ fireplace & drop down ceiling TV. Formal dining & living room renovated w/ original details & beautiful woodwork preserved. Fully finished basement w/ media room, full gym, playroom, au-pair suite, & an exquisite “hidden” ~800 bottle wine cellar. This home also offers a top floor in-law suite and basement au-pair suite and features 5 fireplaces, radiant floors, expansive Ipe deck & dock.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,032
Year Built
- Built in 2007 | Remodeled
Lot Details
- 0.57 Acre Lot
- Waterfront
- Near Conservation Area
- Stone Wall
- Landscaped Professionally
- Sprinkler System
- Garden
- Property is zoned RDB
Parking
- 2 Car Attached Garage
- Driveway
- Open Parking
- Off-Street Parking
Property Views
- Lake
- Scenic Vista
Home Design
- Colonial Architecture
- Frame Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,497 Sq Ft Home
- Open Floorplan
- Wet Bar
- Chair Railings
- Coffered Ceiling
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Bay Window
- Window Screens
- French Doors
- Wine Cellar
- Family Room with Fireplace
- 5 Fireplaces
- Living Room with Fireplace
- Home Theater
- Home Office
- Library
- Storage Room
- Home Gym
- Home Security System
Kitchen
- Built-In Range
- Stove
- Freezer
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Eco-Friendly Details
- No or Low VOC Paint or Finish
Outdoor Features
- Water Access
- Balcony
- Covered Deck
- Covered patio or porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Ambrose Elementary School
- Mccall Middle School
- WHS High School
Utilities
- Forced Air Heating and Cooling System
- 11 Cooling Zones
- 14 Heating Zones
- Heating System Uses Natural Gas
- Radiant Heating System
- Power Generator
- Natural Gas Connected
- Private Water Source
Listing and Financial Details
- Assessor Parcel Number M:017 B:0057 L:0,899216
Community Details
Overview
- No Home Owners Association
- Waterside Off Everett Ave Subdivision
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2002
Sold by
Morris Anthony P and Morris Susan W
Bought by
Dalton Sean M and Dalton Julie C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$446,624
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,732,939
Purchase Details
Closed on
Aug 18, 1992
Sold by
Phillips John D and Phillips Gwendolen
Bought by
Morris Anthony P and Morris Susan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.09%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dalton Sean M | $1,951,250 | -- | |
| Morris Anthony P | $835,000 | -- | |
| Morris Anthony P | $835,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalton Julie C | $322,700 | |
| Open | Dalton Julie C | $500,000 | |
| Open | Dalton Sean M | $1,000,000 | |
| Closed | Dalton Sean M | $658,562 | |
| Previous Owner | Morris Anthony P | $300,000 | |
| Previous Owner | Morris Anthony P | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2023 12/05/23 | Sold | $4,750,000 | -8.7% | $634 / Sq Ft |
| 10/24/2023 10/24/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | Price Changed | $5,200,000 | -7.1% | $694 / Sq Ft |
| 05/12/2023 05/12/23 | Price Changed | $5,599,000 | -6.6% | $747 / Sq Ft |
| 03/06/2023 03/06/23 | For Sale | $5,995,000 | -- | $800 / 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 | $519 | $4,679,000 | $1,903,200 | $2,775,800 |
| 2024 | $53,267 | $4,701,400 | $1,903,200 | $2,798,200 |
| 2023 | $46,426 | $3,934,400 | $1,643,200 | $2,291,200 |
| 2022 | $46,032 | $3,679,600 | $1,602,900 | $2,076,700 |
| 2021 | $27,717 | $3,559,600 | $1,482,900 | $2,076,700 |
| 2020 | $8,487 | $3,258,600 | $1,242,900 | $2,015,700 |
| 2019 | $39,462 | $3,258,600 | $1,242,900 | $2,015,700 |
| 2018 | $9,959 | $3,165,600 | $1,202,900 | $1,962,700 |
| 2017 | $7,221 | $3,328,000 | $1,472,900 | $1,855,100 |
| 2016 | $38,253 | $3,275,100 | $1,472,900 | $1,802,200 |
| 2015 | $38,988 | $3,211,500 | $1,472,900 | $1,738,600 |
| 2014 | $37,766 | $2,983,100 | $1,340,900 | $1,642,200 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73083677
APN: WINC-000017-000057
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