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12 Lester Street

12 Lester Street, Needham Heights, MA 02494
Property in Needham
Sold Apr 27, 2006
$825,000
$397,000 by Provident Funding Group
Mortgage Due Aug 09, 2040
Sold Jul 24, 1998
$501,000
$150,000 by Norwood Cooperativebk
Mortgage
Local assessors in Needham Heights, MA have categorized 12 Lester Street as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 10,890 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 Lester Street has a total of 2,463 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,316 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 Lester Street was last sold in Jan 1, 1970 for $825,000. According to our calculations, that's $334.96 per sqft. Prior to that sales transaction, the property was sold for $501,000 in Jan 1, 1970. Current property owners are expected to pay $14,440 in taxes per year. The property on 12 Lester Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,107,400. To break that down further, the land itself was valued at $482,100. While improvements to the property were assessed at a total of $625,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,316
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,463
  • Gross Building Area: 3,779
  • Building Area: 2,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,463
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEEDHAM
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHOU ZILU
  • Current Owner 2: YU XIAO-TONG
  • Previous Owner : TILAK SHRIPAD
  • Previous Owner 2: TILAK REKHA
  • Owner Before Previous Owner: SLICKLEN BLDRS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403502

Zoning

  • Zoning: B

Geography

  • Parcel: NEED M:096.0 B:0034 L:0000.0
  • Block: 34
  • Municipality: NEEDHAM
  • Latitude: 42.3005
  • Longitude: -71.2407

    Address

  • Full Address: 12 Lester St
  • Address - House Number: 12
  • Address - Street Name: Lester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C053
  • 4-Digit Zip Code: 1713
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,440

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,609,442
  • High Value: 1,867,199
  • Low Value: 1,351,685

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $914,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING GROUP
  • First Open Lien Mortgage Recording Date: Aug 09, 2010
  • First Open Lien Mortgage Loan Amount: $397,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 09, 2040
  • Second Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Jan 03, 2013
  • Second Open Lien Mortgage Loan Amount: $417,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2043
  • Third Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Third Open Lien Mortgage Recording Date: Jan 26, 2015
  • Third Open Lien Mortgage Loan Amount: $100,000
  • Third Open Lien Mortgage Term: 299
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,107,400
  • Assessed Land Value: $482,100
  • Assessed Improvements Value: $625,300

    Sales

  • Current Sale Recording Date: Apr 27, 2006
  • Current Sale Transaction ID: 1183908391
  • Current Sale Price: $825,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 114525
  • Previous Sale Recording Date: Jul 24, 1998
  • Previous Sale Amount: $501,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Apr 27, 2006
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NORWOOD COOPERATIVEBK
  • Previous Mortgage Transaction Date: Jul 24, 1998
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Needham



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Unit for rent at 346 Hunnewell Street, Needham, MA, 02494

$5,600 /mo

  • 3 Beds
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346 Hunnewell Street #346, Needham, MA, 02494 Listing by Maureen Kelly Fromm

Frequently Asked Questions

What neighborhood is 12 Lester Street located in?
The 12 Lester Street is a located in the neighborhood of Needham in Needham, Needham Heights.
What is the average sales price for listings in 12 Lester Street?
The average sales price for units in 12 Lester Street is $0 currently.

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