See Home Value
Needham 02492
5 Colby Street
$2,841,576*
House - Off Market

5 Colby Street

Needham, MA 02492
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5600 Sqft
$2,016,000 - $2,462,000
Reference Base Price*
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model
Sold Jul 15, 2021
$2,250,000
$1,800,000 by Guaranteed Rate Inc
Mortgage Due Jul 15, 2051
Sold Apr 30, 2015
$1,660,000
$913,000 by First Republic Bank
Mortgage Due Apr 30, 2045

About This Property

Located in the sought after Mitchell Elementary School, Birds Hill area, this young Colonial offers approximately 5,600 sqft with 5 bedrooms 5 full baths and one powder bath on three levels of elegant open living space. Some of the wonderful features include a grand foyer, fabulous open spaces, custom chefs kitchen with large island and pantry, granite tops, Wolf 6 burner gas range, SubZero refrigeration, open living room, fabulous dining room, 1st floor guest bedroom with full bath, functional mudroom with powder bath and huge family room featuring a coffered ceiling and gas fireplace. The master suite offers a romantic corner fireplace, dual walk in closets and a luxurious master bath w/vaulted ceilings. Other features include a large 2nd floor laundry room, 300 amp electrical service and a beautiful 12,197sf lot with a huge backyard! Come take a look at this quality built and designed home with exceptional craftsmanship, special attention to detail and wonderful millwork throughout.

The manager has listed the unit size as 5600 square feet.
Unit Size
5,600Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$400
Property Type
House
Property Taxes
$23,436
HOA Dues
-
Year Built
2014

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold to Jaclyn F Gorman, Matthew Go... $2,250,000
Sold to Jaclyn F Gorman, Matthew Go...
Dec 12, 2020 No longer available -
No longer available
Nov 8, 2020 Relisted $2,239,000
Relisted
Nov 6, 2020 No longer available -
No longer available
Sep 15, 2020 Listed $2,239,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Excellent
  • 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: 2,684
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 5,214
  • Gross Building Area: 8,928
  • Building Area: 5,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,214
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GORMAN MATTHEW
  • Current Owner 2: GORMAN JACLYN F
  • Previous Owner : COHEN OLEG
  • Previous Owner 2: COHEN TATYANA S
  • Owner Before Previous Owner: RRNIR LLC
  • 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:028.0 B:0004 L:0000.0
  • Block: 4
  • Municipality: NEEDHAM
  • Latitude: 42.288
  • Longitude: -71.2161

    Address

  • Full Address: 5 Colby St
  • Address - House Number: 5
  • Address - Street Name: Colby
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C019
  • 4-Digit Zip Code: 4014
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,370

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 2,640,841
  • High Value: 3,205,469
  • Low Value: 2,076,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 15, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,252,300
  • Assessed Land Value: $592,600
  • Assessed Improvements Value: $1,659,700

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843647000
  • Current Sale Price: $2,250,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 92194
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Amount: $1,660,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Apr 30, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $913,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 30, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
-
$1,845,000 Oct 18, 2017
$1,845,000 Apr 2, 2018
-
House
6 Beds
6 Baths
-
$2,599,000 Oct 28, 2021
$2,599,000 May 2, 2022
$8,333,333/mo
House
6 Beds
6 Baths
-
$1,875,000 Jun 17, 2020
$1,875,000 Aug 13, 2020
$1,634/mo
House
5 Beds
5 Baths
-
$1,988,000 Sep 14, 2022
-
$833/mo
House
5 Beds
5 Baths
-
$2,149,000 Jan 4, 2023
-
-
House
4 Beds
4 Baths
-
$1,999,000 Jan 4, 2023
-
$833/mo

About Needham


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Nearby Rentals

Unit for rent at

$4,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,761 ft²
Listing by Adam Stivaletta
Unit for rent at

$4,463 /mo

  • 2 Beds
  • 1 Bath
  • 929 ft²
Listing by Manager
Unit for rent at

$4,750 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,174 ft²
Listing by Manager


Frequently Asked Questions

When was property at 5 Colby Street built and last sold?
The property at 5 Colby Street was built in 2014 and last sold on Jul 15, 2021 for $2,250,000.
How much is this home worth?
The estimated value of the home located at 5 Colby Street is $2,266,410.
What are some comparable homes to 5 Colby Street?
There are currently no comparable homes to 5 Colby Street.

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