$3,115,000
SOLD NOV 27, 2018

31 Riverside St Needham Heights, MA 02494

20 Beds
20 Baths
10,000 Sq Ft
0.6 Acres

Recently Sold

$312 Per Sq Ft

18% Above List Price

9 Days on Market

About This Home

As of April 2020

DEVELOPER/INVESTOR DREAM - Extremely rare opportunity to own and develop five (5) contiguous lots in Needham, Massachusetts - currently with a two-family home on each of the five lots. Structures need TLC. All structures are free and clear of tenants. All five contiguous lots are being sold together. Each lot ranges between approximately .10 - .12 acres. Property abuts a serene park and has easy access to the highway and abundant shopping. Highly sought after location. Land and two-family homes are being sold AS IS. Offers with BUYER's contingencies are likely to be unsuccessful. No brokers' fees/commissions will be paid by SELLER or from the purchase price. Proof of purchase funds required before signing of purchase and sale agreement. Offers being received until July 31, 2018 at 5:00PM EST. All offers must be held open until August 3, 2018 at 5:00PM EST. BUYER responsible for conducting its own due diligence on best and possible use(s) of property.

Last Agent to Sell the Property

Maxwell Burke

Boston Luxe Real Estate License #449541726 Listed on: 07/24/2018

Last Buyer's Agent

Adriano Varano

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • Year Round Access

Parking

  • 10 Car Garage

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

10

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 265.00
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1968
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1968

Interior Features

  • No Bedrooms: 20
  • Total Brs: 20
  • Full Bathrooms: 10
  • Half Bathrooms: 10
  • Total Fbh: 10
  • Total Hbh: 10
  • No Rooms: 40
  • Basement: Y
  • Main Lo: AC0677
  • Main So: BB3351
  • Estimated Sq Ft: 10000.00

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 20
  • Garage Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 2650000.00
  • Acre: 0.60
  • Lot Size: 26136.00
  • Page: 637
  • Zoning: Residentia
  • Lot Description: Wooded, Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 10
  • Total Rms: 40
  • No Units: 5
  • Mf Type: 5+ Family - 5+ Units Side by Side

Tax Info

  • Taxes: 28000.00

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

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $765,000 -0.5% $420 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $769,000 +1.3% $422 / Sq Ft
09/27/2019 09/27/19 For Sale $759,000 -75.6% $417 / Sq Ft
11/27/2018 11/27/18 Sold $3,115,000 +17.5% $312 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $2,650,000 -- $265 / 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 -- $725,700 $340,800 $384,900
2024 -- $725,700 $340,800 $384,900
2023 -- $725,700 $340,800 $384,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72367559

MLS Property Information Network (MLS PIN)

APN: NEED M:073.0 B:0038 L:0000.0