Seller's Agent in 2023
Joe Marini
Marini Real Estate, LLC
(617) 319-4186
1 in this area
15 Total Sales
1149 Walnut St Newton Highlands, MA 02461
Newton Highlands Neighborhood
24
Beds
18
Baths
27,833
Sq Ft
0.3
Acres
Highlights
- New Construction
- 2-minute walk to Newton Highlands Station
- 5-minute walk to Hyde Playground
- Zervas Elementary School Rated A
- Home to be built
About This Home
As of March 2023A rare 26-unit redevelopment opportunity designed by one of Boston’s most prominent architectural firms, The Architectural Team. This prestigious condominium project entailed obtaining approval for new Mixed Use 4 (MU-4) rezoning, reaching four stories in height, and achieves an impressive Floor Area Ratio [FAR] of 2.0 to present a highly desirable opportunity for Greater Boston’s best developers. This transit-oriented property is located directly across the street from the “Newton Highlands” MBTA subway station. Phase one and two environmental phases are complete. Potential developers may customize the building and perform a few simple steps for schematic designs, final permits, and construction documents. Supplemental information is available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,606
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.3 Acre Lot
Parking
- 23 Car Parking Spaces
Home Design
- Home to be built
- Concrete Perimeter Foundation
Interior Spaces
- 27,833 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 18 Full Bathrooms
Community Details
- 25 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2019
Sold by
Newton Walnut T
Bought by
Newton Walnut Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,800,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 2000
Sold by
Walnut Highlands T and Cahaly Gail
Bought by
Newton Walnut T and Cahaly Gail
Purchase Details
Closed on
Jan 6, 2000
Sold by
Walnut Highlands T
Bought by
Walnut Highlands T
Purchase Details
Closed on
Dec 5, 1997
Sold by
Kadehjian Arthur J and Kadehjian Robert S
Bought by
Walnut At Highlands
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newton Walnut Llc | $1,500,000 | -- | |
| Newton Walnut T | $1,644,800 | -- | |
| Walnut Highlands T | $1,440,000 | -- | |
| Walnut At Highlands | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1151 Walnut Llc | $11,510,000 | |
| Closed | 1151 Walnut Llc | $1,260,000 | |
| Closed | Newton Walnut Llc | $7,800,000 | |
| Previous Owner | Newton Walnut T | $1,750,000 | |
| Previous Owner | Newton Lincoln T | $2,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $2,505,000 | +0.2% | $90 / Sq Ft |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- |
| 11/15/2022 11/15/22 | For Sale | $2,500,000 | -- | $90 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,418 | $513,500 | $390,600 | $122,900 |
| 2024 | $9,412 | $513,500 | $390,600 | $122,900 |
| 2023 | $10,000 | $524,400 | $372,000 | $152,400 |
| 2022 | $9,847 | $493,600 | $352,300 | $141,300 |
| 2021 | $9,947 | $494,400 | $338,200 | $156,200 |
| 2020 | $3,758 | $494,400 | $338,200 | $156,200 |
| 2019 | $9,547 | $478,800 | $338,200 | $140,600 |
| 2018 | $3,469 | $442,400 | $316,100 | $126,300 |
| 2017 | $8,891 | $418,000 | $263,400 | $154,600 |
| 2016 | $9,171 | $418,000 | $263,400 | $154,600 |
| 2015 | $9,355 | $418,000 | $263,400 | $154,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2023
Enrique Darer
Gibson Sotheby's International Realty
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73058370
APN: NEWT-000052-000008-000013
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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