NOT LISTED FOR SALE

1371 Massachusetts Ave Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $3,585,000 - $4,497,000

5 Beds
6 Baths
6,092 Sq Ft
$664/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $2,400,000 $394 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $24,660/month

213 Days on Market

About This Home

As of March 2014

Just completed! New 5-6 Bedroom 5 1/2 Bath shingle-style Victorian privately sited on 1 1/3-acres in cherished new enclave. Sun-filled & packed with exquisite "Old World" detail. 3-story panelled Foyer, quarter sewn oak, French doors, coffered ceilings, picture windows and plenty of built-ins. Stunning open quartzite Kitchen w/ Subzero®, Miele®, Wolf® and gorgeous Butler's Pantry packed with glass-front Cabinetry. Luxurious Master Suite with French doors into marble spa Bath. First floor Study or Guest Bedroom Suite. Bowman and Clarke Schools. On private Drive along the Minute Man Bikepath near all the Lexington center has to offer!

Last Agent to Sell the Property

Elizabeth Crampton

Coldwell Banker Realty - Lexington Listed on: 07/30/2013

Coldwell Banker Realty - Lexington

Last Buyer's Agent

J.J. Tanzer

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,191

Year Built

2013

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Shared Drive, Level, Scenic View(s)
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat, Backup Generator
  • Flooring: Tile, Hardwood, Stone / Slate
  • Insulation: Full, Blown In, Fiberglass - Batts, Foam
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Walk-up Attic, French Doors
  • Basement: Full, Interior Access, Garage Access
  • Bedroom 2: Second Floor, 22X14
  • Bedroom 3: Second Floor, 18X16
  • Bedroom 4: Second Floor, 16X14
  • Bedroom 5: Second Floor, 16X15
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 34X16
  • Laundry Room: Second Floor, 18X8
  • Living Room: First Floor, 15X17
  • Master Bedroom: Second Floor, 23X17
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, French Doors
  • Dining Room: First Floor, 18X16
  • Family Room: First Floor, 21X19

Exterior Features

  • Frontage: 235
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Patio, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Heated, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 5
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Mar 28, 2014
Sold by
Sheldon Corp
Bought by
Kerr Sari A and Kerr William R
Seller's Agent
Elizabeth Crampton
Coldwell Banker Realty - Lexington
Buyer's Agent
J.J. Tanzer
William Raveis R.E. & Home Services
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Current Estimated Value
$4,047,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,647,406
Avg. Annual Appreciation
4.58%
Original Mortgage
$2,300,000
Outstanding Balance
$1,725,766
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,321,640
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kerr Sari A $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Sari A $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $2,400,000 0.0% $394 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/09/2014 02/09/14 Off Market $2,400,000 -- --
07/30/2013 07/30/13 For Sale $2,495,000 -- $410 / Sq Ft
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 $41,191 $3,368,000 $1,180,000 $2,188,000
2024 $39,408 $3,217,000 $1,124,000 $2,093,000
2023 $36,556 $2,812,000 $1,025,000 $1,787,000
2022 $36,708 $2,660,000 $934,000 $1,726,000
2021 $35,241 $2,449,000 $891,000 $1,558,000
2020 $35,561 $2,531,000 $891,000 $1,640,000
2019 $34,354 $2,433,000 $850,000 $1,583,000
2018 $31,288 $2,188,000 $675,000 $1,513,000
2017 $31,096 $2,146,000 $670,000 $1,476,000
2016 $32,222 $2,207,000 $638,000 $1,569,000
2015 $22,988 $1,547,000 $580,000 $967,000
2014 $20,070 $1,294,000 $514,000 $780,000
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Crampton

    Seller's Agent in 2014

    Elizabeth Crampton

    Coldwell Banker Realty - Lexington

    (781) 389-4400

    18 in this area

    111 Total Sales

    Elizabeth Crampton
    Section Image
  • J.J. Tanzer

    Buyer's Agent in 2014

    J.J. Tanzer

    William Raveis R.E. & Home Services

    (781) 929-2106

    2 in this area

    13 Total Sales

    J.J. Tanzer
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71562417

MLS Property Information Network (MLS PIN)

APN: LEXI-000039-000000-000064A

Massachusetts Middlesex County Lexington 02420 Munroe Hill

1371 Massachusetts Ave, Lexington, MA

Not Listed for Sale

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