NOT LISTED FOR SALE

1516 Central Ave Needham, MA 02492

Estimated Value: $3,153,000 - $3,882,000

5 Beds
6.5 Baths
8,029 Sq Ft
$458/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $2,715,125 $338 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $23,540/month

28 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Wine Cellar
  • Newman Elementary School Rated A
  • Barn or Stable
  • Medical Services

About This Home

As of August 2021

Custom-designed & gated 8,000 sq. ft. home sited on 7+ acres of open fields & privacy. Dramatic 25 ft. cathedral ceiling is breathtaking with massive windows, skylights, and floor-to-ceiling stone fireplace. 5 bedrooms, 6+ baths, new addition with 2 en-suite bedrooms, stunning mahogany paneled office/family room, 20 seat movie theater w/stage, 2,000 bottle wine cellar, second kitchen, game room, multiple balconies, 3 fireplaces and 3-car garage are a rare collection. The chef's kitchen includes new 6 burner Wolf range, Subzero, quartz counters, beautiful cabinetry & opens to glass surrounded breakfast room and stunning views. The master suite has radiant heat, spa bath, a 300 sq. ft. walk-in closet, private patio and fireplace to create a blissful retreat. Expansive 2,000 sq. ft. wrap-around patio, lush green lawn & space available for pool/tennis. Plus 12 stall, 3,000 sq. ft barn w/ loft, granite heated bridge, top of the line security system & fields make this home spectacular!

Last Agent to Sell the Property

Amy Gworek

William Raveis R.E. & Home Services Listed on: 04/30/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Charles Carew

Needham Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,279

Year Built

  • Built in 1990

Lot Details

  • 7 Acre Lot
  • Property fronts an easement
  • Near Conservation Area
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned SRA

Parking

  • 3 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Heated Garage
  • Side Facing Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,029 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Picture Window
  • Window Screens
  • French Doors
  • Insulated Doors
  • Wine Cellar
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Home Theater
  • Utility Room with Study Area
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Custom Closet System
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry on main level
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Whole House Vacuum System

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Newman Elementary School
  • Pollard Middle School
  • Needham High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Barn or Stable

Utilities

  • Central Air
  • 5 Cooling Zones
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Power Generator
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:212.0 B:0013 L:0000.0,146079

Community Details

Overview

  • No Home Owners Association
  • Sunny Hill Horse Farm Subdivision

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,279

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Other (See Remarks)
  • Year Built: 1990
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Subdivision Name: Sunny Hill Horse Farm
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Marble, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Dining Area, Closet/Cabinets - Custom Built, Recessed Lighting, Study, Kitchen, Wine Cellar, Media Room, Central Vacuum, Wet Bar, Wired for Sound
  • Door Features: French Doors
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range,Dishwasher,Trash Compactor,Microwave,Indoor Grill,Refrigerator,Freezer,Washer,Dryer,Wine Refrigerator,Washer/Dryer,Vacuum System,Range Hood, Wine Cooler, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Room Bedroom2 Features: Bathroom - Full, Flooring - Wall to Wall Carpet, Balcony / Deck
  • Room Bedroom2 Area: 364
  • Room Bedroom3 Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Balcony / Deck
  • Room Bedroom3 Area: 315
  • Room Bedroom4 Area: 416
  • Room Bedroom4 Features: Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
  • Room Bedroom5 Features: Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
  • Room Bedroom5 Area: 416
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bathrooms: 6.5
  • Room Master Bedroom Features: Bathroom - Full, Skylight, Walk-In Closet(s), Flooring - Wall to Wall Carpet, French Doors, Dressing Room
  • Room Master Bedroom Area: 594
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Cathedral Ceiling(s), Flooring - Hardwood
  • Room Dining Room Area: 280
  • Room Family Room Features: Flooring - Hardwood, French Doors, Exterior Access
  • Room Family Room Area: 493
  • Room Kitchen Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Stainless Steel Appliances
  • Room Kitchen Area: 360
  • Laundry Features: Laundry Closet, Main Level
  • Room Living Room Area: 806
  • Room Living Room Features: Skylight, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, Wet Bar
  • Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access
  • Living Area: 8029
  • Window Features: Insulated Windows, Screens
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 348.11
  • PRICE PER Sq Ft: 338.16
  • MAIN SO: NB4805

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Horses Permitted, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 283
  • Horse YN: Yes
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Deck, Patio, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Slate
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Stream
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Heated Garage, Storage, Garage Faces Side, Insulated, Oversized, Off Street, Stone/Gravel
  • Total Parking Spaces: 30

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, Icemaker Connection
  • Cooling: Central Air
  • Heating: Baseboard, Radiant, Natural Gas, Fireplace
  • Cooling Y N: Yes
  • Electric: Generator
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 5
  • COOLING ZONES: 5

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:212.0 B:0013 L:0000.0,146079
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Horse Amenities: Paddocks
  • Lot Features: Easements
  • Lot Size Acres: 7
  • Lot Size Area: 7
  • Lot Size Sq Ft: 304920
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 304920
  • PAGE: 0

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 33278.86
  • Tax Book Number: 0

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Needham
  • Elementary School: Newman
  • Middle Or Junior School: Pollard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Aug 24, 2021
Sold by
Sunny Hill Farm Llc
Bought by
Lnc International Llc
Seller's Agent
Amy Gworek
William Raveis R.E. & Home Services
Buyer's Agent
Charles Carew
Needham Realty
List Price
$2,795,000
Sold Price
$2,715,125
Premium/Discount to List
-$79,875
-2.86%
Current Estimated Value
$3,679,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,731
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Sunny Hill Horse Farm
Bought by
Sunny Hill Farm Llc

Purchase Details

Closed on
Aug 30, 1995
Sold by
Dennis Rt and Miller Richard P
Bought by
Sunny Hill Horse Farms
Source: Public Records

Range of Values:

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Average Value
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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
Lnc International Llc $2,675,000 None Available
Sunny Hill Farm Llc $1,157,000 --
Sunny Hill Horse Farms $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunny Hill Farm Llc $1,355,800
Previous Owner Sunny Hill Horse Farm $1,355,800
Previous Owner Sunny Hill Farm Llc $1,312,000
Previous Owner Sunny Hill Farm Llc $1,313,000
Previous Owner Sunny Hill Horse Farm $875,000
Previous Owner Sunny Hill Farm Llc $940,000
Previous Owner Sunny Hill Horse Farm $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $2,715,125 -2.9% $338 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $2,795,000 -- $348 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $42,335 $3,993,900 $1,883,500 $2,110,400
2024 $34,803 $2,779,800 $1,183,100 $1,596,700
2023 $37,708 $2,891,700 $1,405,600 $1,486,100
2022 $34,947 $2,613,800 $1,194,400 $1,419,400
2021 $32,652 $2,505,900 $1,086,500 $1,419,400
2020 $30,976 $2,480,100 $1,086,400 $1,393,700
2019 $30,358 $2,450,200 $1,086,400 $1,363,800
2018 $29,145 $2,453,300 $1,089,500 $1,363,800
2017 $28,616 $2,406,700 $1,089,500 $1,317,200
2016 $27,780 $2,407,300 $1,089,500 $1,317,800
2015 $27,178 $2,407,300 $1,089,500 $1,317,800
2014 $27,946 $2,400,900 $1,089,500 $1,311,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72823513

MLS Property Information Network (MLS PIN)

APN: NEED-000212-000013