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48 Taylor St, Needham, MA, 02494

3beds
4baths
2,987sqft
$1,640,000
$549price/sqft
$10,559/moest. monthly cost
$422,360/yrincome needed

About This Home

Discover the remarkable possibilities in this Spacious and versatile expanded ranch offers endless potential on a rare half-acre lot in a sought-after Needham neighborhood. The open floor plan features a welcoming living room with fireplace, a bright kitchen, and a family room with vaulted ceilings, skylights, a second fireplace, and sliders to an expansive deck overlooking a large private yard. The main level includes three generously sized bedrooms, 2.5 baths, and convenient laundry. The finished lower level adds flexibility with a home office, large recreation room, full bath, and bonus spaces. The level backyard is perfect for entertaining, a future pool, or sport court. Ideally located near schools, shops, trails, commuter rail, and just minutes to Boston.

Getting Around

11
WalkingCar-Dependent
21
TransitMinimal Transit
26
BikeSomewhat Bikeable

Schools

9/10
Eliot Elementary SchoolGrades K-50.2 mi
9/10
High Rock SchoolGrades 62.0 mi
9/10
Needham High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Bulkhead,Radon Remediation System

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 900
  • Finished area above ground: 2,087

Heating & Cooling

  • Heating features: Central,Forced Air,Baseboard,Oil,Electric
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,987
  • Total interior livable area: 2,987 sqft

Property

Details

  • Parcel number: M:105.0 B:0033 L:0000.0,143205
  • Zoning: B

Features

  • Patio & porch: Deck - Wood
  • Exterior features: Deck - Wood,Rain Gutters,Fenced Yard
  • Fencing: Fenced/Enclosed,Fenced

Lot

  • Lot size: 0.58 Acres
  • Features: Cul-De-Sac

Parking

  • Total spaces: 5
  • Parking features: Detached,Carport,Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,292$99,504
Home Insurance *$243$2,916
Property Taxes $1,435$17,220
Electricity $589$7,068
Total$10,559$126,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$362,022/yr
40% on housing$316,770/yr
45% on housing$281,573/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 02494$512
Norfolk County$448

vs Homes Sold Last Month

Median $/sqft

ZIP 02494$528
Norfolk County$427

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-25Listed for sale$1,650,000
2025-10-22Sold$1,550,000
2025-09-19Contingent$1,649,000
2025-09-04Listed for sale$1,649,000
2025-06-10Sold$1,500,000
2025-05-19Contingent$1,499,000
2025-05-15Listed for sale$1,499,000
2012-05-23Sold$700,000
2011-12-06Listed for sale$729,000
2011-04-22Listing removed$729,000
2011-04-16Listed for sale$729,000
1988-07-15Sold$200,000

For Sale by Agent

AgentNedaa Faisal
BrokerageWilliam Raveis R. E. & Home Services

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