See Home Value
Needham 02492
40 Lake Dr.
$2,300,000
● House - Off Market

40 Lake Dr.

Needham, MA 02492
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4,247 Ft²
$12,940
Est. Monthly

About This Property

Welcome home to 40 Lake Drive - a new construction colonial built by a premier local builder. The open first floor boasts a stunning gourmet kitchen and dining area, a charming mudroom off the heated garage, fully equipped with an electric car charger, a stylish 1/2 bath, and a cozy family room with a gas fireplace. Bathed in an abundance of natural light from oversized windows, this level also features a versatile bedroom (or office) with a full bath. Upstairs, you'll find four luxurious bedrooms, each with an en-suite bathroom, including the primary suite with soaring ceilings and breathtaking views of the conservation area. A convenient laundry room is also located on the second level. The finished basement offers ample flex space, perfect for a media room, family room, playroom, gym, and more. Ideally situated next to the picturesque Rosemary Trails and Lake, and close proximity to the Rosemary Pool, the commuter line, and all of Needham's fantastic restaurants and shops!
Unit Size
4,247 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$585
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1955

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Last updated: 4 months ago (MLSPIN #73287929)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Sold
Oct 7, 2024 In contract -
In contract
Sep 10, 2024 Temporarily off market -
Temporarily off market
Sep 10, 2024 Listed by Compass $2,483,000
Listed by Compass
Jul 8, 2024 Withdrawn -
Withdrawn
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,317
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,317
  • Gross Building Area: 2,634
  • Building Area: 1,317
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,317
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:052.0 B:0048 L:0000.0
  • Block: 48
  • Municipality: NEEDHAM
  • Latitude: 42.2844
  • Longitude: -71.239

    Address

  • Full Address: 40 Lake Dr
  • Address - House Number: 40
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Needham
  • Carrier Code: C025
  • 4-Digit Zip Code: 2041
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $914,500

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 967,054
  • High Value: 1,133,165
  • Low Value: 800,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $701,300
  • Assessed Land Value: $511,700
  • Assessed Improvements Value: $189,600

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 21866
  • Previous Sale Recording Date: Jun 26, 1991
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Needham


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Frequently Asked Questions

When was property at 40 Lake Drive built and last sold?
The property at 40 Lake Drive was built in 1955 and last sold on Mar 31, 2023 for $983,000.
How much is this home worth?
The estimated value of the home located at 40 Lake Drive is $2,529,851.
What are some comparable homes to 40 Lake Drive?
There are currently no comparable homes to 40 Lake Drive.