NOT LISTED FOR SALE

586 Central Ave Needham Heights, MA 02494

Estimated Value: $717,000 - $860,000

3 Beds
1 Bath
1,293 Sq Ft
0.26 Acres

Last Sold September 30, 2021

Last sale price $545,000 $422 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,924/month

65 Days on Market

Highlights

  • Medical Services
  • Solar Power System
  • Property is near public transit and schools
  • Sunita L. Williams Elementary School Rated A
  • Custom Closet System
  • Wood Flooring

About This Home

As of September 2021

The most energy efficient home on the market. Welcome to this 6 room, three bedroom, 1293 sq ft condo conveniently located near train, shopping and restaurants. This home is nicely preserved with period detailing throughout with gumwood molding, plate railing in the dining room and picture molding throughout much of the home. Enjoy the white cabinet kitchen with granite countertop, 2 pantries and a spacious dining room with built in cabinetry which opens up to the living room - great for entertaining. Some other features include hardwood flooring throughout, high ceilings, washer/dryer combination on main floor. All bedrooms are nicely sized and the bath has been tastefully updated. You will be delighted with the spacious walkup attic as well a great basement with more storage and space for full sized washer and dryer!

Last Agent to Sell the Property

Alison Brown

Coldwell Banker Realty - Westwood Listed on: 04/29/2021

Coldwell Banker Realty - Westwood

Last Buyer's Agent

Lorna Spence

Coldwell Banker Realty - Needham License #449597341

Coldwell Banker Realty - Needham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,474

Year Built

  • Built in 1943

Lot Details

  • 0.26

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Light Fixtures
  • French Doors
  • Entrance Foyer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar Assisted Cooling System
  • Heating system powered by active solar

Schools

  • Sunita Williams Elementary School
  • Pollard Middle School
  • Needham High School

Utilities

  • Ductless Heating Or Cooling System
  • 5 Cooling Zones
  • 9 Heating Zones
  • Air Source Heat Pump
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater

Additional Features

  • Porch
  • Garden
  • Property is near public transit and schools

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 4517155

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance
  • 2 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,474

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1943
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Entry Hall, Vestibule
  • Door Features: French Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Washer/Dryer, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Exterior Access, Lighting - Overhead
  • Laundry Features: Second Floor, In Building, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Crown Molding
  • Living Area: 1293
  • Stories Total: 2
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Individual, Unit Control, Active Solar, Air Source Heat Pumps (ASHP), Ductless
  • Heating: Hot Water, Oil, Individual, Unit Control, Active Solar, Air Source Heat Pumps (ASHP), Ductless, Other
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 9
  • COOLING ZONES: 5

Condo/Co-op/Association

  • Association Fee: 193.6
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: No Management

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 4517155
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6
  • Lot Size Units: Acres
  • LOT SIZE: 11372
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat
  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5474.37
  • Tax Block: 2
  • Tax Lot: 1

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Needham Hs
  • Elementary School: Sunita Williams
  • Middle Or Junior School: Pollard Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Sep 30, 2021
Sold by
Lynes Philip T and Lynes Carolyn
Bought by
Raley Howard
Seller's Agent
Alison Brown
Coldwell Banker Realty - Westwood
Buyer's Agent
Lorna Spence
Coldwell Banker Realty - Needham
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$805,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,668
Avg. Annual Appreciation
9.49%
Original Mortgage
$436,000
Outstanding Balance
$397,591
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$408,077

Purchase Details

Closed on
Nov 13, 2007
Sold by
Fong Andy and Fong Sarah E
Bought by
Lynes Carolyn D and Lynes Philip T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Jelden Byron
Bought by
Fong Andy and Maguire Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Wilma Rlty Corp
Bought by
Katz Sharone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Sears Mary A
Bought by
Wilma Rlty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,735,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raley Howard $545,000 None Available
Lynes Carolyn D $365,000 --
Fong Andy $357,000 --
Katz Sharone $554,000 --
Wilma Rlty Corp $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raley Howard $436,000
Previous Owner Lynes Carolyn D $245,000
Previous Owner Fong Andy $285,600
Previous Owner Katz Sharone $443,000
Previous Owner Wilma Rlty Corp $1,735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $545,000 -0.9% $422 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $550,000 -1.8% $425 / Sq Ft
05/22/2021 05/22/21 Price Changed $560,000 -2.6% $433 / Sq Ft
04/28/2021 04/28/21 For Sale $575,000 -- $445 / 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 $9,031 $852,000 $0 $852,000
2024 $6,418 $512,600 $0 $512,600
2023 $6,490 $497,700 $0 $497,700
2022 $6,161 $460,800 $0 $460,800
2021 $5,830 $447,400 $0 $447,400
2020 $5,474 $438,300 $0 $438,300
2019 $5,319 $429,300 $0 $429,300
2018 $4,946 $416,300 $0 $416,300
2017 $4,581 $385,300 $0 $385,300
2016 $3,865 $334,900 $0 $334,900
2015 $3,708 $328,400 $0 $328,400
2014 $3,823 $328,400 $0 $328,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72822511

MLS Property Information Network (MLS PIN)

APN: NEED-000104-000002-000001