NOT LISTED FOR SALE

283 Hillside Ave Needham Heights, MA 02494

Estimated Value: $1,276,000 - $1,605,455

6 Beds
4 Baths
2,557 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $1,050,000 $411 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,656/month

4 Days on Market

About This Home

As of December 2021

Unique and rare Needham investment opportunity! Set on a corner lot, this two-family in Needham will make a wonderful home for multigenerational family, builders, or investors, even possible condo conversion. The first floor unit is 3 bedrooms with 2 full baths. The updated kitchen is open to the ample sized dining area. Just outside the kitchen is a wonderful deck and fenced in yard. The 2nd unit spans the second and third floors and can be 2 or 3 bedrooms depending on room usage. The 2nd floor has the 2 main bedrooms, inviting living room, and eat-in kitchen. The third floor can be a 3rd bedroom or fantastic work from home office and has the 2nd full bathroom. This is a prime location just a short distance to the train, restaurants and even the library. Open houses Saturday, 10/30 and Sunday, 10/31 both 12-1:30pm. Also Friday, 10/29 from 12-1pm. Don't miss this one!

Last Agent to Sell the Property

The Allain + Warren Group

Compass Listed on: 10/27/2021

Compass

Last Buyer's Agent

Lisa Li

Feng Shui Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,216

Year Built

  • 1894

Lot Details

  • 7,841

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,216

Year Built

1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Hunnewell St. to Hillside or West St. to Hillside.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1894

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Unfinished
  • MAIN LO: AN2383
  • MAIN SO: AC0313
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Disclosures: Offers, If Any, Will Be Reviewed On Monday, November 1 At Noon. Property Being Sold As Is. Buyer To Do Own Due Diligence. Property Will Be Delivered Vacant.
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, T-Station

Schools

  • Middle Or Junior School: Pollard

Lot Info

  • LOT SIZE: 7841
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7840.799999
  • Zoning: GR

Multi Family

  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8241
  • Tax Book Number: 34732
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 16, 2021
Sold by
Pasculano Deborah and Madison Stacy
Bought by
Wu Hsien T and Wei Wan Ju
Seller's Agent
The Allain + Warren Group
Compass
Buyer's Agent
Lisa Li
Feng Shui Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Current Estimated Value
$1,443,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,364
Avg. Annual Appreciation
8.57%
Original Mortgage
$700,000
Outstanding Balance
$643,644
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$799,720

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 5, 2016
Sold by
Dambrosio Kelly K and Dambrosio Michael
Bought by
Pasculano Deborah and Madison Stacy
Seller's Agent
Joseph O’Connor
Keller Williams Realty Boston South West
Buyer's Agent
Deborah Levin
Compass
List Price
$699,000
Sold Price
$714,000
Premium/Discount to List
$15,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Nov 24, 2014
Sold by
283 Hillside Ave Rt and Dambrosio Kelley K
Bought by
Dambrosio Kelley K and Dambrosio Michael

Purchase Details

Closed on
Jun 9, 2011
Sold by
Dambrosio Kelley K and Dambrosio Anthony
Bought by
283 Hillside Ave Rt and Dambrosio Kelley K

Purchase Details

Closed on
Aug 26, 2008
Sold by
Woodman Betsy
Bought by
Dambrosio Anthony and Kallin Kelley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,900
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2005
Sold by
Hillside Rt and Mccarthy Betsy J
Bought by
Woodman Betsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,388
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1994
Sold by
Tracy Carol A
Bought by
Mccarthy George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wu Hsien T $1,050,000 None Available
Pasculano Deborah $714,000 --
Dambrosio Kelley K -- --
283 Hillside Ave Rt -- --
Dambrosio Anthony $451,000 --
Woodman Betsy J -- --
Mccarthy George D $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Hsien T $700,000
Previous Owner Mccarthy George D $424,000
Previous Owner Dambrosio Anthony $405,900
Previous Owner Woodman Betsy J $115,388
Previous Owner Mccarthy George D $200,000
Previous Owner Mccarthy George D $167,000
Previous Owner Mccarthy George D $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $1,050,000 +5.5% $411 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $995,000 +39.4% $389 / Sq Ft
12/05/2016 12/05/16 Sold $714,000 +2.1% $279 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $699,000 -- $273 / 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 $13,216 $1,246,800 $720,400 $526,400
2024 $12,295 $982,000 $477,100 $504,900
2023 $12,292 $942,600 $477,100 $465,500
2022 $8,457 $632,500 $429,700 $202,800
2021 $8,241 $632,500 $429,700 $202,800
2020 $7,846 $628,200 $430,300 $197,900
2019 $7,238 $584,200 $391,200 $193,000
2018 $6,940 $584,200 $391,200 $193,000
2017 $6,636 $558,100 $391,200 $166,900
2016 $6,440 $558,100 $391,200 $166,900
2015 $6,301 $558,100 $391,200 $166,900
2014 $5,983 $514,000 $355,600 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72913503

MLS Property Information Network (MLS PIN)

APN: NEED-000099-000022