NOT LISTED FOR SALE

475 Central Ave Needham Heights, MA 02494

Estimated Value: $858,000 - $1,032,000

1 Acre
$926,111 Price per Acre
43,560 Sq Ft Lot

Last Sold July 18, 2013

Last sale price $403,000 $242 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,553/month

104 Days on Market

Highlights

  • 1 Acre Lot
  • Property is near public transit and schools
  • Jogging Path
  • Eliot Elementary School Rated A
  • No HOA
  • Shops

About This Lot

As of July 2013

Great opportunity to build a new house on an acre. The land is beautiful. Gas is in the street. This is a walk to Needham Heights. Great access to major routes.

Last Agent to Sell the Property

Edie Garrison

Louise Condon Realty Listed on: 05/16/2012

Last Buyer's Agent

Edie Garrison

Louise Condon Realty Listed on: 05/16/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,856

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned SRB

Schools

  • Eliot Elementary School
  • Pollard Middle School
  • Needham High School

Additional Features

  • Property is near public transit and schools
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 1050001500000,143193

Community Details

Recreation

  • Jogging Path

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$4,856

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: BB5230
  • MAIN SO: BB5230

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1050001500000,143193
  • Zoning: SRB
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Curbs & Gutters, Sidewalks
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 43700

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4856

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Jul 18, 2013
Sold by
Jones Edward F and Jones Elizabeth M
Bought by
Johnston Robert F and Johnston Brian A
Seller's Agent
Edie Garrison
Louise Condon Realty
Buyer's Agent
Edie Garrison
Louise Condon Realty
List Price
$569,000
Sold Price
$403,000
Premium/Discount to List
-$166,000
-29.17%
Current Estimated Value
$926,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,111
Avg. Annual Appreciation
6.87%
Original Mortgage
$282,000
Outstanding Balance
$228,230
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$697,881
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnston Robert F $403,000 --
Johnston Robert F $403,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Robert F $282,000
Closed Johnston Robert F $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $403,000 -29.2% $242 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/16/2012 05/16/12 For Sale $569,000 -- $342 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,872 $837,000 $699,100 $137,900
2024 $7,372 $588,800 $430,900 $157,900
2023 $7,519 $576,600 $430,900 $145,700
2022 $7,042 $526,700 $387,100 $139,600
2021 $6,863 $526,700 $387,100 $139,600
2020 $6,510 $521,200 $387,100 $134,100
2019 $6,034 $487,000 $354,000 $133,000
2018 $5,786 $487,000 $354,000 $133,000
2017 $5,600 $471,000 $354,000 $117,000
2016 $5,454 $472,600 $354,000 $118,600
2015 $5,336 $472,600 $354,000 $118,600
2014 $4,790 $411,500 $298,700 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71383236

MLS Property Information Network (MLS PIN)

APN: NEED-000105-000015