7 months on rocket

50 Central Ave, Needham, MA, 02494

$3,690,000

0.74 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #73157459
Lot Size0.74 Acres
StatusActive

About 50 Central Ave

A remarkable opportunity awaits with the Special Permit dated January 17th, 2023, covering parcels 40 and 50 Central Ave, totaling 32,058 sq. ft.Please note that an existing structure on 50 Central Ave must be removed for the new building. This is ideal for project managers seeking a long-term investment or resale prospect.The seller is open to creative offers but does not provide projections or representations beyond the Special Permit.For further details, please contact your agent to request and obtain additional details.

Property Details

Property Features

Listing Office:

  • Office Name: Astra Realty Group
  • Listing Agent: Frank Chang

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.74 Acres

School Info

Assigned Schools Information:

  • Needham High School, Public District Grades 9-12
  • Pollard Middle School, Public District Grades 7-8
  • John Eliot, Public District Grades KG-5

Other

Directions Information:

  • Directions: RT 128 to route 9 East Right on Chestnut Right on Elliot/Central Ave to #50 on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,690,000

Agent Commission:

  • Buyer's Agent Commission: 3.0

Tax Information:

  • Annual Amount: $12,713
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Needham, MA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$489

Avg. Days On Market

37

# of Sold Homes

23

50 Central Ave vs Needham

235 DAYS ON ROCKET

+198 Days

$3,690,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Needham, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73157459

Listing Office:

  • Office Name: Astra Realty Group
  • Listing Agent: Frank Chang

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$12,713$493,900
2020$12,125$493,900
2019$12,061$493,900
2018$10,430$444,600
2017$10,506$444,600

History based on county public records data.

Payment Calculator

$18.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4756641
5
/10
  • John Eliot

  • 135 Wellesley Ave

  • 0.69 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4756642
10
/10
  • Pollard Middle School

  • 200 Harris Ave

  • 2.39 miles

  • Public District Grades 7-8

High School

school-card-donut-4756643
9
/10
  • Needham High School

  • 609 Webster St

  • 1.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,554. The most common annual income of people living in Needham, MA is between $100k-200k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 Central Ave

What is the listing price of this property?

The listing price of 50 Central Ave property is $3,690,000.

What type of property is this?

The property 50 Central Ave is land located in Needham, Massachusetts, 02494.

Is this property for sale now?

Active Listing: 50 Central Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 50 Central Ave are:
John Eliot: GreatSchools Rating 5/10
Pollard Middle School: GreatSchools Rating 10/10
Needham High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,713 (source: MLS/based on county public records data).

How much acreage is this property?

The property 50 Central Ave is 0.74 acres.
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Rocket HomesMassachusettsNorfolk CountyNeedham0249450 Central Ave

This home is located at 50 Central Ave in Needham, MA and zip code 02494. This home sits on a 0.74 acre lot. It has been listed on Rocket Homes since September 09, 2023 and is currently priced at $3,690,000.

In April 2024 more than 11 listings in Needham, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. Between March 2024 and April 2024, Needham, MA real estate market has seen increase in the number of listings by 9.4%. The median list price of listings available in April 2024 was $1,480,000, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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