NOT LISTED FOR SALE

56 Nichols Rd Needham, MA 02492

Estimated Value: $2,388,000 - $2,715,000

4 Beds
5 Baths
1,721 Sq Ft
$1,482/Sq Ft Est. Value

About This Home

This home is located at 56 Nichols Rd, Needham, MA 02492 and is currently estimated at $2,550,651, approximately $1,482 per square foot. 56 Nichols Rd is a home located in Norfolk County with nearby schools including Mitchell Elementary School, High Rock Middle School, and Pollard Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2025
Sold by
Rice Robert J and Rice Jessica C
Bought by
Rice Rt and Rice
Current Estimated Value
$2,550,651

Purchase Details

Closed on
Feb 25, 2016
Sold by
56 Nichols Road Llc
Bought by
Rice Robert J and Rice Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2015
Sold by
Wescott John W and Wescott Kathryn F
Bought by
56 Nichols Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1989
Sold by
Olson Glen N
Bought by
Wescott John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rice Rt -- --
Rice Robert J $720,000 --
Rice Robert J $720,000 --
56 Nichols Road Llc $690,000 --
Wescott John W $185,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Robert J $1,100,000
Previous Owner 56 Nichols Road Llc $1,267,500
Previous Owner Wescott John W $300,000
Previous Owner Wescott John W $99,200
Previous Owner Wescott John W $139,000
Source: Public Records

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 $22,610 $2,133,000 $802,600 $1,330,400
2024 $23,374 $1,866,900 $590,700 $1,276,200
2023 $21,223 $1,627,500 $590,700 $1,036,800
2022 $20,095 $1,503,000 $522,900 $980,100
2021 $19,584 $1,503,000 $522,900 $980,100
2020 $18,133 $1,451,800 $522,900 $928,900
2019 $17,121 $1,381,800 $475,500 $906,300
2018 $16,416 $1,381,800 $475,500 $906,300
2016 $5,642 $488,900 $356,600 $132,300
2015 $5,520 $488,900 $356,600 $132,300
2014 $4,956 $425,800 $297,400 $128,400
Source: Public Records

Map

Massachusetts Norfolk County Needham 02492

56 Nichols Rd, Needham, MA

Not Listed for Sale

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