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29 Lois Lane

29 Lois Lane, Needham, MA 02492
Property in Needham
Sold Jul 07, 1999
$425,000
$175,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold Aug 14, 1992
$286,000
$228,800 by E Cambridge Svgs Bk
Mortgage
29 Lois Lane has been categorized by the local assessors in Needham, MA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29 Lois Lane has 2,712 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,262 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,504 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 1, 1970 for $425,000. That's $156.71 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $286,000. 29 Lois Lane was last assessed in 2023. The total value of the property was assessed at $1,187,700. Specifically, the land the property is located on was valued at $594,800. While improvements on the property were assessed at a total of $592,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,488. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1999
  • 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: 1,262
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 2,712
  • Gross Building Area: 3,974
  • Building Area: 2,712
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,712
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW PENNY PLACE
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LORENCE MARK J
  • Current Owner 2: LORENCE JEAN N
  • Previous Owner : EPSTEIN ANDREW M
  • Previous Owner 2: EPSTEIN JUDITH S
  • Owner Before Previous Owner: KELLEY NANCI M
  • Owner Before Previous Owner 2: KELLY JOHN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403100

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:016.0 B:0032 L:0000.0
  • Block: 32
  • Municipality: NEEDHAM
  • Latitude: 42.2796
  • Longitude: -71.2055

    Address

  • Full Address: 29 Lois Ln
  • Address - House Number: 29
  • Address - Street Name: Lois
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Needham
  • Carrier Code: C021
  • 4-Digit Zip Code: 4421
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,488

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,619,770
  • High Value: 1,870,638
  • Low Value: 1,368,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,187,700
  • Assessed Land Value: $594,800
  • Assessed Improvements Value: $592,900

    Sales

  • Current Sale Recording Date: Jul 07, 1999
  • Current Sale Transaction ID: 1183906515
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 14, 1992
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SALEM FIVE MTG CORP
  • First Mortgage Transaction Date: Jul 07, 1999
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: E CAMBRIDGE SVGS BK
  • Previous Mortgage Transaction Date: Aug 14, 1992
  • Previous Mortgage Loan Amount: $228,800
  • 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

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

Frequently Asked Questions

What neighborhood is 29 Lois Lane located in?
The 29 Lois Lane is a located in the neighborhood of Needham in Needham, Needham.
What is the average sales price for listings in 29 Lois Lane?
The average sales price for units in 29 Lois Lane is $0 currently.

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