This home's estimate is 4.4% higher than the average sale price ($2.24M) of 6 comparable homes.
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- Property details
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5 Rae Ave, Needham, MA 02492
About this home
LOCATION! LOCATION! LOCATION! Built in 2005, this beautiful home has been impeccably maintained. There are 5 spacious bedrooms and 2.5 baths and full finished basement. Hard wood floors throughout, open floor plan as well as a first floor office and laundry room on the second floor. This bright and sunny home sits on a bit over 10,000 sq. ft. on a quiet corner lot in the desirable Mitchell School district. Walk to Perry park and the Hersey Train stop. Welcome to Needham!
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Market trends in 02492, MA
Last updated July 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 5 Rae Ave
$420/sq ft
$367/sq ft
$94/sq ft
Tax history for 5 Rae Ave
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Has Open Parking
- # of Garage Spaces: 2
- # of Covered Spaces: 2
- Parking Spaces: 6
- AttachedGarageYN: Yes
- Parking Features: Attached, Paved Drive, Paved
Interior
- Master Bedroom Information
- Level: Second
- Features: Walk-In Closet(s),Flooring - Hardwood
- Bedroom #2 Information
- Level: Second
- Features: Closet,Flooring - Hardwood
- Bedroom #3 Information
- Level: Second
- Features: Closet,Flooring - Hardwood
- Bedroom #4 Information
- Level: Second
- Features: Closet,Flooring - Hardwood
- Bedroom #5 Information
- Level: Second
- Features: Closet,Flooring - Hardwood
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Bathrooms (Half): 1
- Master Bathroom Features: Yes
- Bathroom #1 Information
- Level: First
- Features: Bathroom - Half,Flooring - Hardwood
- Bathroom #2 Information
- Level: Second
- Features: Bathroom - Full,Bathroom - Double Vanity/Sink,Flooring - Stone/Ceramic Tile
- Bathroom #3 Information
- Level: Second
- Features: Bathroom - Full,Bathroom - Double Vanity/Sink,Flooring - Stone/Ceramic Tile,Hot Tub / Spa
- Living Room Information
- Level: First
- Features: Flooring - Hardwood,Open Floorplan
- Family Room Information
- Level: First
- Features: Flooring - Hardwood
- Dining Room Information
- Level: First
- Features: Flooring - Hardwood
- Kitchen Information
- Level: First
- Features: Flooring - Wood,Open Floorplan
- Basement Information
- Basement: Full, Finished, Bulkhead
- Laundry Information
- Laundry Features: Second Floor
- Fireplace Information
- Has Fireplace
- # of Fireplaces (Total): 1
- Fireplace Features: Family Room
- Interior Features
- # of Rooms (Total): 10
- Door Features: Insulated Doors, Storm Door(s)
- Window Features: Storm Window(s)
- Flooring: Wood, Flooring - Hardwood
- Interior Features: Play Room
Exterior
- Building Information
- Building Area (Total): 4,359
- Foundation Details: Concrete Perimeter
- Construction Materials: Frame, Stone
- Year Built Source: Public Records
- Year Built Details: Actual
- Color: Beige
- Lead Paint: None
- Exterior Features
- Fencing: Fenced/Enclosed
- Roof: Shingle
- Patio And Porch Features: Porch, Deck
- Exterior Features: Porch, Deck
- Property Information
- Accessibility Features: No
- PropertySubType: Single Family Residence
- Lot Information
- Lot Size (Acres): 0.24
- Lot Features: Corner Lot, Level
- Road Frontage Type: Public
Financial
- Tax Information
- Tax Annual Amount: $19,899.21
- Tax Year: 2021
Utilities
- Utility Information
- Utilities: for Gas Range
- Sewer: Public Sewer
- Water Source: Public
- Electric: 200+ Amp Service
- Heating & Cooling
- Has Heating
- Has Cooling
- Heating: Central, Forced Air, Oil
- Cooling: Central Air
Location
- Location Information
- Directions: Hillcrest to Colby to Rae
- UnparsedAddress: 5 Rae Ave, Needham MA 02492
- Community Information
- Senior CommunityYN: No
- Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station
Public facts
- Beds: 5
- Baths: 3.5
- Sq. Ft.: 4,359
- Stories: 3.0
- Lot Size: 10,454 square feet
- Style: Single Family Residential
- Year Built: 2005
- Year Renovated: 2005
- County: Norfolk County
- APN: 138320
Other
- Miscellaneous Information
- Heat Zones: 3
- Listing Information
- StandardStatus: Closed
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 7-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.7mi
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
- Needham is one of the most coveted, blue-chip suburbs in the Greater Boston area. Striking a perfect balance between an affluent, sophisticated suburban lifestyle and rapid urban accessibility, it sits directly inside the Route 128/I-95 beltway. It...is a premier target for corporate professionals, me1 month ago • NeedhamWas this helpful?
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 97° expected this year, 14 days in 30 years
53% chance of strong winds in next 30 years
1 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 02492
Home values near 5 Rae Ave
| Address | Redfin Estimate |
|---|---|
6 Beds | 5.5 Baths | 5200 Sq. Ft. | $2,747,426 |
4 Beds | 4.5 Baths | 4010 Sq. Ft. | $2,334,058 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3300 Sq. Ft. | $2,177,102 |
5 Beds | 3 Baths | 3573 Sq. Ft. | $2,070,200 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4.5 Baths | 3412 Sq. Ft. | $2,427,311 |
5 Beds | 5.5 Baths | 5094 Sq. Ft. | $2,528,824 |
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