NOT LISTED FOR SALE

1299 Massachusetts Ave Unit 1299 Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $1,288,568 - $1,463,000

3 Beds
2.5 Baths
2,300 Sq Ft
$596/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Bowman Elementary School Rated A+
  • Deck
  • 4-minute walk to Tower Park

About This Home

As of July 2023

You'll love living in this spacious home with 7 rooms, 3 bedrooms, and 2.5 bathrooms. Ideally located close to Lexington center and adjacent to the Minuteman Bikeway/walking path. The updated with center island kitchen has Viking appliances with a vaulted ceiling, Direct entry from the kitchen into a one car garage. Flexible floor plan with a bedroom and full bath on the 1st floor and two good sized bedrooms and half bath on the second floor. Central air conditioning on the second floor and new carpeting. New Roof! Finished walkout basement with full bath, laundry room and ample storage. This home affords you privacy yet practicality in its design. Close to all major highways and buslines, shopping, restaurants and recreational venues. Nicely landscaped. A short term lease of six months or longer will be considered at a higher monthly rent.

Last Agent to Rent the Property

Nancy Phillips

Coldwell Banker Realty - Lexington Listed on: 06/26/2023

Coldwell Banker Realty - Lexington

Last Renter's Agent

Nancy Phillips

Coldwell Banker Realty - Lexington Listed on: 06/26/2023

Coldwell Banker Realty - Lexington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,285

Year Built

  • Built in 1750

Lot Details

  • 0.58

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,300 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Schools

  • Lexington High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 0.58 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Property Available on 8/1/23
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 551826

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,285

Year Built

Built in 1750

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-08-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1750
  • Entry Level: 1
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Half
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 2300
  • Spa YN: No
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path
  • Rent Includes: Water, Sewer
  • Senior Community YN: No

Lot Info

  • Parcel Number: 551826
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 25265
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2006
Sold by
Newburne Judy Lynn
Bought by
Serio John C and Newberne Judy L
Current Estimated Value
$1,369,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$310,466
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,059,426
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Serio John C $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serio John C $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Rented $4,800 0.0% --
06/26/2023 06/26/23 For Rent $4,800 +37.1% --
10/07/2020 10/07/20 Rented $3,500 -9.1% --
09/21/2020 09/21/20 Under Contract -- -- --
09/09/2020 09/09/20 Price Changed $3,850 -2.5% $2 / Sq Ft
08/23/2020 08/23/20 For Rent $3,950 +9.7% --
07/23/2018 07/23/18 Rented $3,600 -7.1% --
05/14/2018 05/14/18 For Rent $3,875 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $14,285 $1,168,000 $815,000 $353,000
2024 $13,818 $1,128,000 $776,000 $352,000
2023 $13,221 $1,017,000 $706,000 $311,000
2022 $12,710 $921,000 $642,000 $279,000
2021 $12,678 $881,000 $611,000 $270,000
2020 $12,378 $881,000 $611,000 $270,000
2019 $11,790 $835,000 $582,000 $253,000
2018 $319 $781,000 $554,000 $227,000
2017 $11,041 $762,000 $518,000 $244,000
2016 $10,103 $692,000 $488,000 $204,000
2015 $9,614 $647,000 $443,000 $204,000
2014 $8,081 $521,000 $393,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73129662

MLS Property Information Network (MLS PIN)

APN: LEXI-000039-000000-000078