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Single Family ResidenceResidential
$1,084,151$615 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $215,000 on Dec 27, 1985

540 CHESTNUT ST

NEEDHAM, MA 02492
4
Beds
2
Baths
1,764 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.37 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.1M
$966K low$1.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$215,000 · Dec 27, 1985

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,881 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$932,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$693,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$239,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,243,645

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Raised Ranch
CountyNORFOLK
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1999
Lot (acres)The size of the land the home sits on, from county records.0.37
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Pollard Middle SchoolA+
Middle · Grades 7–8 · 0.8 mi
E
Newman Elementary SchoolA
Elementary · Grades PK–5 · 1.3 mi
H
Needham High SchoolA
High · Grades 9–12 · 1.3 mi

District: Needham School District

Neighborhood · ZIP 02492These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.31
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.66

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,748
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,520 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$195,262
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$248,118
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Chestnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 90% of homes in Needham 02492
  • Costs less per square foot than 98% of homes in Needham 02492
  • Bigger than 75% of homes in Needham 02492
  • Has a bigger lot than 73% of homes in Needham 02492
  • Newer than 69% of homes in Norfolk County

What homes are worth in Needham 02492

Each bar is how many homes fall in that price range. The marker is this home.

This home
$577K$3.8M

This home is worth more than 10% of homes in Needham 02492.

How it measures up in Needham 02492

The dot is this home. The mark in the middle is the typical home in Needham 02492.

Estimated value$1,084,151
CheaperTypical $1,591,285Pricier

Pricier than 10% of homes nearby

Price per ft²$615
CheaperTypical $1215Pricier

Pricier than 2% of homes nearby

Living area1,764 ft²
SmallerTypical 1,404 ft²Bigger

Bigger than 75% of homes nearby

Lot size0.37 ac
SmallerTypical 0.26 acBigger

Bigger than 73% of homes nearby

Year built1977
OlderTypical 1958Newer

Newer than 68% of homes nearby

How 540 Chestnut St ranks against every home in each area.
MeasureThis homeNeedham 02492Norfolk County
Estimated valuepricier than$1,084,15110% of homes76% of homes
Price per ft²pricier than$6152% of homes80% of homes
Living areabigger than1,764 ft²75% of homes54% of homes
Lot sizebigger than0.37 ac73% of homes52% of homes
Year builtnewer than197768% of homes69% of homes

About 540 Chestnut St

How much is 540 Chestnut St, Needham, MA worth?

The TopHap Estimate for 540 Chestnut St, Needham, MA is $1,084,151 as of Aug 30, 2026. The likely range is $966,075 to $1,202,227. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Chestnut St, Needham, MA last sell?

540 Chestnut St, Needham, MA last sold on Dec 27, 1985 for $215,000, according to the county's recorded deed.

How big is 540 Chestnut St, Needham, MA?

540 Chestnut St, Needham, MA has 4 bedrooms, 2 bathrooms, 1,764 square feet of living space and a 0.37-acre lot.

When was 540 Chestnut St, Needham, MA built?

540 Chestnut St, Needham, MA was built in 1977, making it 49 years old. It is a raised ranch home. The building has 1 story.

What schools serve 540 Chestnut St, Needham, MA?

540 Chestnut St, Needham, MA is assigned to Pollard Middle School (middle), rated A+; Newman Elementary School (elementary), rated A; Needham High School (high), rated A. All sit in Needham School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Chestnut St, Needham, MA compare to other homes in Needham 02492?

Among the 6,598 homes in Needham 02492, it is worth more than 10% of them ($1,084,151 against a typical $1,591,285), its price per square foot is higher than 2% of them ($615 against a typical $1215), it is bigger than 75% of them (1,764 ft² against a typical 1,404 ft²), its lot is bigger than 73% of them (0.37 ac against a typical 0.26 ac) and it is newer than 68% of them (1977 against a typical 1958). Measured against all of Norfolk County, it is worth more than 76% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Chestnut St, Needham, MA?

The 2025 property tax bill for 540 Chestnut St, Needham, MA was $9,881. The county assessed it at $932,200.

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