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407 Summit Rd

Richmond, MA 01254

3 bd 2 ba 1,482 sqft Built 1973 Lot 110,207 sqft single_family
Most recent sale
$475,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $475,000 MLS #237838
Jun 6, 2022 Listed $499,900 MLS #237838
Dec 15, 1992 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $298,300 $155,000 $453,300 $4,479
2024 $303,600 $148,700 $452,300 $4,401
2023 $253,200 $170,500 $423,700 $4,517
2022 $189,000 $170,500 $359,500 $4,580
2021 $175,200 $170,500 $345,700 $4,397
2020 $171,000 $170,300 $341,300 $4,225
2019 $171,000 $170,300 $341,300 $4,116
2018 $171,000 $170,300 $341,300 $4,010
2016 $171,000 $170,300 $341,300 $3,915
2015 $171,000 $170,300 $341,300 $3,747
2014 $166,700 $179,100 $345,800 $3,558
2005 $163,600 $103,500 $267,100 $2,578
2003 $145,200 $84,500 $229,700 $2,550

Property facts

Year built
1973
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,482 sqft
Lot size
110,207 sqft
ZIP code
01254
City
Richmond
Street
Summit Rd
Coordinates
42.39664, -73.35262

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,298
Gross rental yield
10.86%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 407 Summit Rd last sell?
407 Summit Rd most recently sold on Aug 26, 2022 for $475,000.
What is the current tax assessment for 407 Summit Rd?
The most recent total assessment for 407 Summit Rd (year 2025) is $453,300 with $4,479 in property tax.
How does 407 Summit Rd's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $475,000.
When was 407 Summit Rd built?
407 Summit Rd was built in 1973.
How does 407 Summit Rd compare to others on Summit Rd?
We track 2 other properties on Summit Rd. Browse the list under "Other properties on Summit Rd" to compare beds, baths, and sale history.
What are the property facts for 407 Summit Rd?
407 Summit Rd is a 3 bed, 2 bath, 1,482 sqft, 110,207 sqft lot single_family.
Is 407 Summit Rd a flip candidate?
No — 407 Summit Rd does not appear in our flips dataset.
Is 407 Summit Rd a tax-appeal candidate?
No — 407 Summit 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
-1.7%
Implied 1-yr
-6.6%
2025 Q3
$575.3K
2025 Q4
$564.7K
ZIP 01254 — Median Price History + Forecast

Explore nearby

Other properties on Summit Rd