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543 Chestnut Street

543 Chestnut Street, Needham, MA 02492
Property in Needham
Sold May 10, 2013
Transfer
$300,000 by Mortgage Master Inc
Mortgage Due May 01, 2043
Sold Sep 16, 1991
$212,000
$190,800 by Cooperative Bank
Mortgage
Local assessors in Needham, MA have categorized 543 Chestnut Street as a residential type of property. The home was built in 1937 and is 87 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 543 Chestnut Street has a total of 1,859 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 936 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $212,000 in Jan 1, 1970. Current property owners are expected to pay $9,277 in taxes per year. The property on 543 Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $711,400. To break that down further, the land itself was valued at $435,400. While improvements to the property were assessed at a total of $276,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 936
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,859
  • Gross Building Area: 2,795
  • Building Area: 1,859
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,859
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FROST CYNTHIA B
  • Previous Owner : MCDERMOTT STEPHEN P
  • Previous Owner 2: FROST CYNTHIA B
  • Owner Before Previous Owner: DIMOND PATRICIA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403300

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:044.0 B:0050 L:0000.0
  • Block: 50
  • Municipality: NEEDHAM
  • Latitude: 42.2689
  • Longitude: -71.2388

    Address

  • Full Address: 543 Chestnut St
  • Address - House Number: 543
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham
  • Carrier Code: C032
  • 4-Digit Zip Code: 2857
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,277

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,094,494
  • High Value: 1,264,008
  • Low Value: 924,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MORTGAGE MASTER INC
  • First Open Lien Mortgage Recording Date: May 10, 2013
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,400
  • Assessed Land Value: $435,400
  • Assessed Improvements Value: $276,000

    Sales

  • Current Sale Recording Date: May 10, 2013
  • Current Sale Transaction ID: 1051446973
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 16, 1991
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE MASTER INC
  • First Mortgage Transaction Date: May 10, 2013
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: COOPERATIVE BANK
  • Previous Mortgage Transaction Date: Sep 16, 1991
  • Previous Mortgage Loan Amount: $190,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Needham



Similar Buildings

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Nearby Rentals

Unit for rent at 7 Walnut St, Needham, MA, 02492

$5,900 /mo

  • 4 Beds
  • 4 Baths
  • 2,500 ft²
7 Walnut St #7, Needham, MA, 02492 Listing by Derek Greene

Frequently Asked Questions

What neighborhood is 543 Chestnut Street located in?
The 543 Chestnut Street is a located in the neighborhood of Needham in Needham, Needham.
What is the average sales price for listings in 543 Chestnut Street?
The average sales price for units in 543 Chestnut Street is $0 currently.

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