Active

1 Days on market

138 Tolman Street Newton — Photo 1 of 31

$1,295,000

138 Tolman Street, Newton, MA 02465

Newton, MA 02465

Beds

Baths

2.5

SqFt

2,610

Style

Single Family

Built

1963

Beautifully renovated single-floor ranch offering effortless one-level living in one of Newton's desirable neighborhoods. This move-in ready 3-bedroom, 2.5-bath home has been thoughtfully updated with every major upgrade already complete, so you can simply move in and enjoy. The sun-filled main level features hardwood floors, new windows throughout. Beautiful skylight windows in both the dining room and primary bedroom pour in natural light year-round. The renovated kitchen boasts new cabinetry and modern finishes, ideal for everyday cooking and entertaining. Both full bathrooms have been tastefully updated with fresh fixtures and clean, contemporary design. The partially finished lower level provides valuable bonus space - perfect for an home office, playroom, or media room, plus a half bath and generous storages. A new electric water heater rounds out the list of big-ticket updates. Located near top-rated Newton schools, commuter rail, the Green Line, shops and restaurants.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$496/sqft

Local Avg (Newton)$995/sqft

50% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Newton, MA.

Financials

Original Price$1,295,000

Annual Taxes$11,026

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms10

Fireplaces1

FlooringWood, Tile

BasementPartial, Partially Finished

Climate & Utilities

HeatingBaseboard, Oil

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningSR3

Property & Lot

Acres0.23

SqFt Lot10,020

Lot FeaturesCorner Lot

Amenities & Appliances

Electric Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Conservation Area • Public School

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2Bedroom 3

Basement

OfficeBathroom 1

Living Room

Lvl First

Dining Room

Lvl First

Kitchen

Lvl First

Office

Lvl Basement

Family Room

Lvl First

Master Bedroom

Lvl First

Bedroom 2

Lvl First

Bedroom 3

Lvl First

Bathroom 1

Lvl Basement

Population

11,697

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$194K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

30.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,610 sq ft principal dwelling). Lot size: 10,020 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Newton, MA market report ZIP 02465 market data

Listing Provided By

Listing Agent: Gohar Meliksetyan

Listing Office: BENJAMIN Apartments + Cityside Homes

MLS® Number: 73572978