NOT LISTED FOR SALE

700 Chestnut St Needham, MA 02492

Estimated Value: $3,483,000 - $4,050,000

6 Beds
8 Baths
8,000 Sq Ft
$468/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $3,375,000 $422 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $23,865/month

54 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Colonial Architecture
  • Newman Elementary School Rated A
  • 1.03 Acre Lot
  • Property is near public transit

About This Home

As of June 2023

700 Chestnut Street is a beautiful property located in the town of Needham. This spacious single-family home features 6 bedrooms with 6 full bathrooms and 2 half baths. The home has a large living space that is perfect for families or couples that love to entertain. The property is situated on a quiet street, set back, and offers a peaceful and serene atmosphere that is perfect for relaxation and rejuvenation. The interior of the home is designed with an elegant and modern style that combines functionality and beauty. The-open concept living room and dining room are perfect for hosting guests, while the kitchen features top-of-the-line appliances and plenty of counter space for cooking and preparing food. The bedrooms are spacious and comfortable, with large windows that let in plenty of natural light. The bathrooms are also modern and stylish with high quality fixtures and finishes. This is a wonderful property that offers everything you need for comfortable and luxury living.

Last Listed By

Craig Brody

Douglas Elliman Real Estate - Park Plaza Listed on: 03/28/2023

Douglas Elliman Real Estate - Park Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,226

Year Built

  • Built in 2020

Lot Details

  • 1.03 Acre Lot
  • Near Conservation Area
  • Corner Lot
  • Property is zoned SRA

Parking

  • 3 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,000 Sq Ft Home
  • 3 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Newman Elementary School
  • Pollard & H Roc Middle School
  • Needham High School

Utilities

  • Central Heating and Cooling System
  • 5 Cooling Zones
  • 5 Heating Zones
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 145791

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,226

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2020
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 3
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bathrooms: 7
  • Basement: Full, Finished
  • Living Area: 8000
  • Spa YN: No
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 449.88
  • PRICE PER Sq Ft: 421.88
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 5
  • COOLING ZONES: 5

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 145791
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.03
  • Lot Size Area: 1.03
  • Lot Size Sq Ft: 44867
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 39226
  • Tax Book Number: 0

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Needham High
  • Elementary School: Newman
  • Middle Or Junior School: Pollard & H Roc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Labm Llc
Bought by
Devaux Lauren and Marino Lucio
Total Days on Market
54
Current Estimated Value
$3,745,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,815,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2008
Sold by
Busch John V and Busch Marcy M
Bought by
Redco Prop Llc

Purchase Details

Closed on
May 15, 1992
Sold by
Ricketson Scott
Bought by
Mccain-Cusch Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage

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

Purchase History

Date Buyer Sale Price Title Company
Devaux Lauren -- None Available
Devaux Lauren -- None Available
Redco Prop Llc $624,000 --
Mccain-Cusch Nancy $331,750 --
Redco Prop Llc $624,000 --
Mccain-Cusch Nancy $331,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Keith $283,000
Open Kenney Keith $2,531,250
Closed Kenney Keith $2,531,250
Closed Devaux Lauren $2,815,000
Closed Devaux Lauren $158,750
Previous Owner Labm Llc $2,720,000
Previous Owner Bte Dev Llc $355,000
Previous Owner Bte Development Llc $2,200,000
Previous Owner Mccain-Busch Marcy $303,000
Previous Owner Mccain-Busch Marcy $310,000
Previous Owner Busch John $238,000
Previous Owner Mccain-Cusch Nancy $264,000
Previous Owner Mccain-Cusch Nancy $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $3,375,000 -6.2% $422 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $3,599,000 -4.0% $450 / Sq Ft
03/28/2023 03/28/23 For Sale $3,750,000 +18.1% $469 / Sq Ft
11/05/2021 11/05/21 Sold $3,175,000 -0.6% $397 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $3,195,000 +239.9% $399 / Sq Ft
10/12/2019 10/12/19 Sold $940,000 -5.9% $406 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
05/09/2019 05/09/19 Price Changed $999,000 -8.8% $431 / Sq Ft
05/01/2019 05/01/19 For Sale $1,095,000 -- $473 / 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 $35,531 $3,352,000 $812,200 $2,539,800
2024 $41,674 $3,328,600 $704,500 $2,624,100
2023 $40,256 $3,087,100 $704,500 $2,382,600
2022 $39,226 $2,933,900 $704,500 $2,229,400
2021 $19,071 $1,463,600 $704,500 $759,100
2020 $12,882 $1,031,400 $704,600 $326,800
2019 $12,731 $1,027,500 $704,600 $322,900
2018 $12,207 $1,027,500 $704,600 $322,900
2017 $11,750 $988,200 $704,600 $283,600
2016 $11,440 $991,300 $704,600 $286,700
2015 $11,192 $991,300 $704,600 $286,700
2014 $11,475 $985,800 $704,600 $281,200
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73091943

MLS Property Information Network (MLS PIN)

APN: NEED-000204-000019