NOT LISTED FOR SALE

161 Melrose Ave Needham, MA 02492

Estimated Value: $2,310,000 - $3,315,000

6 Beds
7 Baths
5,900 Sq Ft
$494/Sq Ft Est. Value

About This Home

This home is located at 161 Melrose Ave, Needham, MA 02492 and is currently estimated at $2,911,732, approximately $493 per square foot. 161 Melrose Ave is a home located in Norfolk County with nearby schools including Mitchell Elementary School, High Rock Middle School, and Pollard Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
161 Melrose Llc
Bought by
Percival John and Percival Alyssa
Current Estimated Value
$2,911,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,462,625
Outstanding Balance
$2,456,340
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,392

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Percival John $3,283,500 None Available
Percival John $3,283,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Percival John $2,462,625
Closed Percival John $2,462,625
Previous Owner 161 Melrose Llc $2,205,800
Previous Owner Loring Robert E $75,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $8,960 $845,300 $791,200 $54,100
2024 $9,218 $736,300 $574,600 $161,700
2023 $9,446 $724,400 $574,600 $149,800
2022 $9,037 $675,900 $532,100 $143,800
2021 $8,807 $675,900 $532,100 $143,800
2020 $8,442 $675,900 $532,100 $143,800
2019 $7,729 $623,800 $483,700 $140,100
2018 $7,411 $623,800 $483,700 $140,100
2017 $7,239 $608,800 $483,700 $125,100
2016 $7,026 $608,800 $483,700 $125,100
2015 $6,873 $608,800 $483,700 $125,100
2014 $6,286 $540,000 $420,600 $119,400
Source: Public Records

Map

Massachusetts Norfolk County Needham 02492

161 Melrose Ave, Needham, MA

Homes for Sale in Needham, MA

This home is located at 161 Melrose Ave, Needham, MA 02492 and is currently estimated at $2,911,732, approximately $493 per square foot. 161 Melrose Ave is a home located in Norfolk County with nearby schools including Mitchell Elementary School, High Rock Middle School, and Pollard Middle School.

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