312 Lake Ave, Newton MA 02461

Newton, MA 02461 • Newton Highlands
$2,000,000
Est. $10,645/month
5
Beds
2.5
Baths
1,968
Sq Ft
$1,016
Price/Sq Ft
0.23
Acres
1890
Year Built
Single Family Residence
Type
1
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73330035

About this home

Attention all developers with vision! This property, with a close proximity to the Newton Highlands green line T station (D), may have very interesting development potential. All Buyers must do due their own diligence with respect to the number of potential units that might be allowed. Seller makes no representations with respect to the number of units possible on the lot. The existing house needs TLC but has endless possibilities! It features three levels plus a basement, high ceilings, vintage wood flooring, 5 bedrooms, 2.5 baths, detached two car-garage, front porch and rear deck. Steps away from Newton Highlands, shops, restaurants, and Whole Foods, and close to Crystal Lake, Cold Spring Park, Mason – Rice elementary school and Newton Center. Showings are by appointment only.

Sale Statistics

Sale Overview
Original List Price: $1,450,000
Final Sale Price: $2,000,000
Difference: +$550,000 (+37.9%)
Performance Metrics
137.9%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $737
Sale $/sq ft: $1,016
This property sold for $1,016 per square foot
Sale Summary

This property sold for 37.9% above the original asking price, indicating strong buyer demand.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1890
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,968 sq ft
Total Rooms
10

Interior Features

Flooring
Hardwood
Heating
Central
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Unfinished

Exterior & Structure

Architectural Style
Victorian
Foundation
Other
Foundation Area
999,999 sq ft
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
10,110 sq ft
Lot Size Area
0.2300
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Detached, Off Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$10,976
Tax Year
2024
Tax Assessed Value
$1,124,600
Parcel Number
S:52 B:022 L:0004,694719
Zoning
MR1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Home needs significant repair, seller and seller agent makes no representations of the condition of the home.

Location

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Neighborhood

Newton Highlands

312 Lake Ave, Newton MA 02461

Newton, MA 02461

Walkability

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Schools

Elementary School
Mason Rice
Rating information coming soon
Middle School
Brown
Rating information coming soon
High School
Nhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $915
Homeowners Insurance $200
PMI $0

Property History

Market Insights

27.5%
Price Range
2
Total Days on Market

Property Timeline

Sold
Mar 14, 2025
$2,000,000
Property sold
Days on Market: 2
🏠
Listed for Sale
Jan 28, 2025
$1,450,000
Original listing
Agent: Eric Glassoff Office: Coldwell Banker Realty - Brookline

Price & Status History

Date Event Price Change
Jan 28, 2025 New Listing Added $1,450,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$1,016

Tax History

Year Taxes Assessment
2024 $10,976 $1,124,600

Financial Details

Annual Property Tax
$10,976
Tax Year 2024
Assessed Value
$1,124,600

Listing Information

Listing Agent Eric Glassoff
Listing Office Coldwell Banker Realty - Brookline
Agent MLS ID BB802104
Office MLS ID AN6199

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