1516 Central Ave
Needham, MA 02492
- 5 Beds
- 6.5 Baths
- 8,029 sqft (on 7 acres)
5 Beds
6.5 Baths
8,029 sqft
(on 7 acres)
Home Value
Trulia Estimate
$4.8MSince last month
$600 (0%)Since last year
Increased$499K (+11.7%)Since last sale
Increased$2M (+75.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $4.78M |
| July 2026 | $4.78M |
| June 2026 | $4.92M |
| May 2026 | $4.88M |
| April 2026 | $4.77M |
| March 2026 | $4.87M |
| February 2026 | $4.65M |
| January 2026 | $4.48M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $3,100,000 | 08/22/25 | 4 | 6 | 8,118 | |
0.22 | Single-Family Home | $2,850,000 | 04/13/26 | 4 | 5 | 5,689 | |
0.18 | Single-Family Home | $3,980,000 | 04/16/26 | 4 | 4 | 4,420 | |
0.59 | Single-Family Home | $3,800,000 | 04/30/26 | 6 | 6.5 | 8,182 | |
0.79 | Single-Family Home | $2,650,000 | 08/29/25 | 5 | 6.5 | 6,943 | |
0.56 | Single-Family Home | $2,450,000 | 05/15/26 | 5 | 3.5 | 5,967 | |
0.54 | Single-Family Home | $2,200,000 | 08/17/26 | 4 | 4.5 | 6,251 | |
0.55 | Single-Family Home | $4,925,000 | 05/05/26 | 7 | 7.5 | 10,047 | |
0.11 | Single-Family Home | $1,400,000 | 10/10/25 | 3 | 2.5 | 2,603 | |
0.67 | Single-Family Home | $3,093,500 | 04/24/26 | 6 | 7.5 | 6,100 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $2,739,500 | 5 | 4 | 5,559 | Off Market | |
0.11 | $1,449,900 | 3 | 2.5 | 2,603 | Off Market | |
0.14 | $2,923,600 | 5 | 4.5 | 5,929 | Off Market | |
0.15 | $3,205,700 | 4 | 6 | 8,118 | Off Market | |
0.18 | $3,980,000 | 4 | 4 | 4,420 | Recently Sold | |
0.22 | $2,850,000 | 4 | 5 | 5,689 | Recently Sold | |
0.20 | $3,326,500 | 4 | 3.5 | 5,300 | Off Market | |
0.23 | $1,588,900 | 4 | 3 | 3,112 | Off Market | |
0.27 | $1,663,600 | 4 | 3.5 | 3,847 | Off Market | |
0.30 | $1,791,300 | 4 | 3 | 3,311 | Off Market | |
0.44 | $5,751,500 | 7 | 8 | 11,389 | Off Market | |
0.46 | - | 5 | 4 | 4,581 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1990
Lot Size
7 acres
Living Area
8,029 sqft
Price/Sqft
$598
Parking
Garage
About this House
Custom-designed & gated 8,000 sq. ft. home sited on 7+ acres of open fields & privacy. Dramatic 25 ft. cathedral ceiling is breathtaking with massive windows, skylights, and floor-to-ceiling stone fireplace. 5 bedrooms, 6+ baths, new addition with 2 en-suite bedrooms, stunning mahogany paneled office/family room, 20 seat movie theater w/stage, 2,000 bottle wine cellar, second kitchen, game room, multiple balconies, 3 fireplaces and 3-car garage are a rare collection. The chef's kitchen includes new 6 burner Wolf range, Subzero, quartz counters, beautiful cabinetry & opens to glass surrounded breakfast room and stunning views. The master suite has radiant heat, spa bath, a 300 sq. ft. walk-in closet, private patio and fireplace to create a blissful retreat. Expansive 2,000 sq. ft. wrap-around patio, lush green lawn & space available for pool/tennis. Plus 12 stall, 3,000 sq. ft barn with loft, granite heated bridge, top of the line security system & fields make this home spectacular!
1516 Central Ave, Needham, MA 02492 is a 5 bedroom, 7 bathroom, 8,029 sqft single-family home built in 1990. It last sold for $2,715,125 on Aug 31, 2021. It is currently off market. The Trulia Estimate is $4,804,100, with a rent estimate of $11,999/month.
Home Details for 1516 Central Ave
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Interior Details BasementNumber of Rooms: 16Types of Rooms: Recreation Room |
Heating & Cooling Heating: Baseboard, Radiant, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood, Slate |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Asphalt, SlateExterior: Stone, Wood |
Pool Pool |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached, Off Street |
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Year Built Year Built: 1990Year Updated: 2000 |
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary |
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Units in Building: 1 |
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Lot Area: 7.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2021 Source: MLS PIN #72823513 | Sold | $2,715,125 |
May 27, 2021 Source: William Raveis Real Estate, Mortgage & Insurance #72823513 | Pending | $2,795,000 |
May 27, 2021 Source: MLS PIN #72823513 | Contingent | $2,795,000 |
Apr 30, 2021 Source: MLS PIN #72823513 | Listed For Sale | $2,795,000 |
Jan 3, 2021 Source: William Raveis Real Estate, Mortgage & Insurance #72733293 | ListingRemoved | $2,795,000 |
Sep 27, 2020 Source: Agent Provided | Listed For Sale | $2,795,000 |
Dec 6, 2019 Source: Agent Provided | ListingRemoved | $2,974,900 |
Sep 6, 2019 Source: Agent Provided | PriceChange | $2,974,900 Price decreased by 0% |
Aug 15, 2019 Source: Agent Provided | PriceChange | $2,975,000 Price decreased by 6% |
Jul 23, 2019 Source: Agent Provided | PriceChange | $3,150,000 Price decreased by 5% |
May 8, 2019 Source: Agent Provided | PriceChange | $3,299,000 Price decreased by 2% |
Apr 23, 2019 Source: Agent Provided | Listed For Sale | $3,350,000 |
Dec 20, 2018 Source: Agent Provided | ListingRemoved | $3,350,000 |
Nov 13, 2018 Source: Agent Provided | PriceChange | $3,350,000 Price decreased by 4% |
Apr 4, 2018 Source: Agent Provided | PriceChange | $3,499,000 Price decreased by 8% |
Feb 7, 2018 Source: Agent Provided | Listed For Sale | $3,799,000 |
Jan 1, 2018 Source: Agent Provided | ListingRemoved | $3,999,000 |
Sep 7, 2017 Source: Agent Provided | Listed For Sale | $3,999,000 |
Feb 1, 2016 Source: Agent Provided | ListingRemoved | $3,950,000 |
Dec 28, 2015 Source: Agent Provided | PriceChange | $3,950,000 Price increased by 5% |
Sep 8, 2015 Source: Agent Provided | PriceChange | $3,750,000 Price decreased by 17% |
Feb 4, 2015 Source: Agent Provided | Listed For Sale | $4,500,000 |
Oct 30, 1996 Source: N/A | Sold | $1,157,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $42,335 | $3,993,900 |
Home facts updated by county records
Market trends in Needham
Last updated July 2026
Avg. sale price
$1.57M
$76.33KMoM
Sale-to-List Price
101.7%
0.5%MoM
Price per sq ft
$602
$9MoM
Available listings
82
25MoM
Around this home
What Locals Say about Needham
At least 138 Trulia users voted on each feature.
90 % Say it's dog friendly
88 % Say there are sidewalks
87 % Say parking is easy
83 % Say yards are well-kept
82 % Say people would walk alone at night
79 % Say car is needed
76 % Say there's holiday spirit
75 % Say kids play outside
70 % Say streets are well-lit
67 % Say it's quiet
65 % Say it's walkable to restaurants
63 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
61 % Say there's wildlife
55 % Say there are community events
54 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1516 Central Ave
- What is 1516 Central Ave estimated to be worth?Trulia's estimated value for 1516 Central Ave in Needham, MA is $4,804,100.
- What is the price history for 1516 Central Ave?1516 Central Ave in Needham, MA last sold for $2,715,125 in August 2021.
- Is Needham a buyer's or seller's market?Needham is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Needham?The median sale price in Needham is $1.57M. That is up $76.33K from the prior month.
- Does 1516 Central Ave have air conditioning?Yes, 1516 Central Ave in Needham, MA has air conditioning.
- Does 1516 Central Ave have a pool?Yes, 1516 Central Ave in Needham, MA has a pool.