NOT LISTED FOR SALE

1475 Massachusetts Ave Unit 108 Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $589,000 - $663,000

2 Beds
1.5 Baths
1,110 Sq Ft
$456/mo HOA Fee

Last Sold March 31, 2023

Last sale price $517,184 $466 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,247/month

6 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Community Pool
  • Bowman Elementary School Rated A+
  • Wood Flooring
  • Jogging Path

About This Home

As of March 2023

Welcome home to this freshly painted, two level condo unit, a very rare offering in the desirable Muzzey High building located only steps to Lexington’s town center. This unit is one of the few offering its own private entry, meaning you do not need to use the building's main entry for access. Commuters will appreciate MBTA bus routes out front and the Minuteman Bike Path at the back. You'll love coming home to the open concept living/dining rooms, perfect for hanging out or entertaining with large windows to welcome the sunshine. The bedrooms are light-filled and spacious with double closets, high ceilings for added expansiveness, and easy access to the full bathroom. Muzzey High Condominium sale prices are restricted by the Town of Lexington. This list price is based on March 23 closing. The sale price will be calculated for the actual closing date. Household Income Restrictions: (1 Person) $301,764, (2) $345,242 (3) $358,183. Cannot be used as an investment property.

Last Agent to Sell the Property

Wenjen Hwang

MA Properties Listed on: 02/15/2023

Last Buyer's Agent

Andrew Dixon

MA Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $456 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Light Fixtures
  • Insulated Windows
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Schools

  • School Board Elementary School
  • Clarke Middle School
  • Lexington High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0048 L:276108,3301828

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 71 Units
  • Mid-Rise Condominium
  • Muzzey High Condominiums Community
  • Near Conservation Area

Amenities

  • Shops
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,223

Year Built

Built in 1985

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1985
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Street,Walkout)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Electric Water Heater,Tankless Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood, Closet - Double
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood, Closet - Double
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Lighting - Overhead
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan
  • Basement: N
  • Living Area: 1110
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN6342
  • MAIN SO: AN6342

Exterior Features

  • Construction Materials: Brick
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 456
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:0048 L:276108,3301828
  • Zoning: ND
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.01
  • Lot Size Sq Ft: 435
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4223

Multi Family

  • Number Of Units Total: 71
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Lexington Hs
  • Elementary School: School Board
  • Middle Or Junior School: Clarke Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 31, 2023
Sold by
Wu Cheng-Chiang and Tan Yung-Hsuan A
Bought by
Jalbert Timothy
Seller's Agent
Wenjen Hwang
MA Properties
Buyer's Agent
Andrew Dixon
MA Properties
List Price
$517,605
Sold Price
$517,184
Premium/Discount to List
-$421
-0.08%
Views
67
Current Estimated Value
$618,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,664
Avg. Annual Appreciation
7.03%
Original Mortgage
$501,565
Outstanding Balance
$485,799
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,049

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 18, 2018
Sold by
Dixon Patricia
Bought by
Wu Cheng-Chiang and Ashley-Tan Yung H
Seller's Agent
Andrew Dixon
MA Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$402,000
Sold Price
$402,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jul 3, 2008
Sold by
Annette B Kriebel T B and Annette Kriebel
Bought by
Dixon Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1992
Sold by
Michelson Eric J
Bought by
Kriebel William B and Kriebel Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jalbert Timothy $517,184 None Available
Jalbert Timothy $517,184 None Available
Wu Cheng-Chiang $402,000 --
Dixon Patricia $253,500 --
Dixon Patricia $253,500 --
Dixon Patricia $253,500 --
Kriebel William B $115,534 --
Kriebel William B $115,534 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalbert Timothy $501,565
Closed Jalbert Timothy $501,565
Previous Owner Dixon Patricia $202,800
Previous Owner Kriebel William B $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $517,184 -0.1% $466 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $517,605 +28.8% $466 / Sq Ft
01/18/2018 01/18/18 Sold $402,000 0.0% $362 / Sq Ft View Prior Sale
11/22/2017 11/22/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $402,000 -- $362 / 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 $6,387 $522,225 $0 $522,225
2024 $5,618 $458,640 $0 $458,640
2023 $4,732 $364,000 $0 $364,000
2022 $4,223 $306,000 $0 $306,000
2021 $3,857 $268,000 $0 $268,000
2020 $3,765 $268,000 $0 $268,000
2019 $3,784 $268,000 $0 $268,000
2018 $3,832 $268,000 $0 $268,000
2017 $3,883 $268,000 $0 $268,000
2016 $3,913 $268,000 $0 $268,000
2015 $3,982 $268,000 $0 $268,000
2014 $4,157 $268,000 $0 $268,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73079262

MLS Property Information Network (MLS PIN)

APN: LEXI-000048-000000-276108