A
Seller's Agent in 2016
Anthony Zafferano
Norwich Realty Associates
6 Total Sales
10 Locust Ave Lexington, MA 02421
Follen Heights NeighborhoodEstimated Value: $1,695,000 - $2,588,000
6
Beds
5
Baths
4,748
Sq Ft
$456/Sq Ft
Est. Value
About This Home
As of September 2016Spacious 2-Family/Duplex. Follen Hill location near Mass. Ave. Situated on Approx. 1/2 acre lot. Driveway each side. Restored Barn w/loft ( presently used as 2-car garage rented at $250.00 per month). Property needs TLC. Investor opportunity for possible Condo Conversion, and/or live-in with rental income. Great location and neighborhood. Excellent Rental history (long-term tenants). Rents below market.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$26,955
Year Built
1880
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1880
Interior Features
- Has Basement: Yes
- Number of Rooms: 16
- Amenities: Public Transportation, Shopping, Highway Access
- Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood
- Basement: Full, Bulkhead, Concrete Floor, Unfinished Basement
- Total Levels: 6
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Shingles, Wood
- Exterior Features: Porch, Gutters
- Foundation: Fieldstone
Garage/Parking
- Garage Spaces: 2
- Parking: Off-Street, Improved Driveway, Paved Driveway
- Parking Spaces: 6
Utilities
- Heat Zones: 2
- Hot Water: Natural Gas, Tank
- Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water, Individual Meter
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Zoning: 1040
Multi Family
- Foundation: 39X42
- Heat Units: 2
- Total Bedrooms: 6
- Total Floors: 3
- Total Full Baths: 3
- Total Half Baths: 2
- Total Levels: 3
- Total Rms: 16
- Total Rent_1: 4550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2016
Closed on
Sep 27, 2016
Sold by
Waldner Robert B Est
Bought by
Leonin Flavio S and Leonin Linsey F
Seller's Agent
Anthony Zafferano
Norwich Realty Associates
Buyer's Agent
Rion Manita
Confidant Real Estate Services
List Price
$1,295,000
Sold Price
$1,075,022
Premium/Discount to List
-$219,978
-16.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,080
Avg. Annual Appreciation
8.02%
Original Mortgage
$860,017
Outstanding Balance
$689,246
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,473,856
Purchase Details
Closed on
Mar 26, 2003
Sold by
10-12 Locust Avenue Rt
Bought by
Waldner Robert B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
5.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leonin Flavio S | $1,075,022 | -- | |
| Waldner Robert B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonin Flavio S | $860,017 | |
| Previous Owner | Waldner Robert B | $353,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2016 09/27/16 | Sold | $1,075,022 | -4.4% | $226 / Sq Ft |
| 07/04/2016 07/04/16 | Pending | -- | -- | -- |
| 06/24/2016 06/24/16 | Price Changed | $1,125,000 | -13.1% | $237 / Sq Ft |
| 04/17/2016 04/17/16 | For Sale | $1,295,000 | -- | $273 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,955 | $2,204,000 | $1,103,000 | $1,101,000 |
| 2024 | $26,325 | $2,149,000 | $1,050,000 | $1,099,000 |
| 2023 | $26,065 | $2,005,000 | $955,000 | $1,050,000 |
| 2022 | $26,468 | $1,918,000 | $868,000 | $1,050,000 |
| 2021 | $5,409 | $1,794,000 | $826,000 | $968,000 |
| 2020 | $5,395 | $1,574,000 | $826,000 | $748,000 |
| 2019 | $45,433 | $1,414,000 | $787,000 | $627,000 |
| 2018 | $16,688 | $1,167,000 | $729,000 | $438,000 |
| 2017 | $4,332 | $1,007,000 | $694,000 | $313,000 |
| 2016 | $13,855 | $949,000 | $638,000 | $311,000 |
| 2015 | $13,508 | $909,000 | $580,000 | $329,000 |
| 2014 | $13,773 | $888,000 | $519,000 | $369,000 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Zafferano
-
Rion Manita
Buyer's Agent in 2016
Rion Manita
Confidant Real Estate Services
(857) 284-2191
19 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71989716
APN: LEXI-000022-000000-000086
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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