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18-20 Payne Rd

Newton, MA 02461

4 bd 2 ba 2,002 sqft Built 1948 Lot 7,639 sqft multi_family
Most recent sale
$955,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2024 Listing removed $1,199,000 MLSPIN
Dec 22, 2021 Sold $955,000 MLS #72918053
Nov 9, 2021 Listed $949,000 MLS #72918053

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,700 $780,300 $988,000 $9,682
2024 $201,600 $757,600 $959,200 $9,362
2023 $281,900 $609,200 $891,100 $9,071
2022 $261,000 $564,100 $825,100 $8,680
2021 $239,500 $517,500 $757,000 $8,145
2020 $239,500 $517,500 $757,000 $7,903
2019 $223,900 $483,600 $707,500 $7,393
2018 $221,900 $454,100 $676,000 $7,314
2017 $203,600 $416,600 $620,200 $6,897
2016 $186,800 $382,200 $569,000 $6,475
2015 $174,600 $357,200 $531,800 $6,174
2014 $183,600 $329,700 $513,300 $6,221
2006 $310,000 $245,700 $555,700 $5,201
2005 $301,000 $238,500 $539,500 $5,114
2004 $259,700 $201,200 $460,900 $4,701
2003 $227,800 $176,500 $404,300 $4,415

Property facts

Year built
1948
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,002 sqft
Lot size
7,639 sqft
ZIP code
02461
City
Newton
Street
Payne Rd
Coordinates
42.31960, -71.19913

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,806
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 18-20 Payne Rd last sell?
18-20 Payne Rd most recently sold on Dec 22, 2021 for $955,000.
What is the current tax assessment for 18-20 Payne Rd?
The most recent total assessment for 18-20 Payne Rd (year 2025) is $988,000 with $9,682 in property tax.
How does 18-20 Payne Rd's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $955,000.
When was 18-20 Payne Rd built?
18-20 Payne Rd was built in 1948.
How does 18-20 Payne Rd compare to others on Payne Rd?
We track 1 other property on Payne Rd. Browse the list under "Other properties on Payne Rd" to compare beds, baths, and sale history.
What are the property facts for 18-20 Payne Rd?
18-20 Payne Rd is a 4 bed, 2 bath, 2,002 sqft, 7,639 sqft lot multi_family.
Is 18-20 Payne Rd a flip candidate?
No — 18-20 Payne Rd does not appear in our flips dataset.
Is 18-20 Payne Rd a tax-appeal candidate?
No — 18-20 Payne Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q1
$1.87M
2026 Q2
$1.88M
ZIP 02461 — Median Price History + Forecast

Explore nearby

Other properties on Payne Rd