NOT LISTED FOR SALE

1475 Massachusetts Ave Unit 217 Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $581,470 - $658,000

2 Beds
2 Baths
1,100 Sq Ft
$420/mo HOA Fee

Last Sold January 24, 2023

Last sale price $495,211 $450 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,149/month

50 Days on Market

Highlights

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

About This Home

As of January 2023

Welcome home to this spacious, freshly painted condo unit, a rare offering in the Muzzey High building located only steps to Lexington’s town center. Commuters will love MBTA bus routes out front and the Minuteman Bike Path at the back. High ceilings soar above the open concept living/dining rooms, perfect for hanging out or entertaining. If you love to cook, you will appreciate the inviting kitchen with SS appliances and plenty of cabinetry for storage. The primary suite has a walk-in closet and a full bathroom with a tub/shower. On-site laundry room and bike storage adds convenience. Both the laundry room and elevator are easily accessible to the unit. Muzzey High condominium sale prices are limited by the Lexington Housing Assistance Board, list price is based on the actual closing date and may vary approx. $66/day relative to that date. Household income restrictions: (1 Person) $284,628.90, (2 People) $325,638.90 (3 People) $337,844.25. Cannot be used as an investment property.

Last Agent to Sell the Property

Andrew Dixon

MA Properties Listed on: 10/20/2022

Last Buyer's Agent

Yangyang Zhou

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $420 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Intercom

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

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

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
  • Heat Pump System
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number M:0048 L:276217,3301838

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

  • Common Area
  • Shops
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,306

Year Built

Built in 1985

Lot Details

0

HOA Fees

$420 per month

Listing Details

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

Interior Features

  • Flooring: Tile, Carpet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Range Hood, Electric Water Heater,Tankless Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Closet - Double
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Stainless Steel Appliances
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting, Closet - Double
  • Basement: N
  • Living Area: 1100
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6342
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: 2+ Common Walls
  • 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, Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 420
  • 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
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0048 L:276217,3301838
  • 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: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4306

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

Closed on
Jan 24, 2025
Sold by
Zhou Lingyu and Liu Yuqing
Bought by
Liu Yuqing
Current Estimated Value
$612,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$335,989
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$276,129

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 23, 2023
Sold by
Makseyn Vanessa Est
Bought by
Zhou Lingyu and Liu Yuqing
Seller's Agent
Andrew Dixon
MA Properties
Buyer's Agent
Yangyang Zhou
Coldwell Banker Realty - Lexington
List Price
$493,000
Sold Price
$495,211
Premium/Discount to List
$2,211
0.45%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$345,328
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 28, 2020
Closed on
May 26, 2020
Sold by
Uddin Helal M and Rahman Sabikun N
Bought by
Makseyn Vanessa
Seller's Agent
Darin Thompson
Stuart St James, Inc.
Buyer's Agent
Darin Thompson
Stuart St James, Inc.
List Price
$435,000
Sold Price
$435,445
Premium/Discount to List
$445
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$435,445
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 26, 2016
Sold by
Rutan Janet M and Rutan Eric N
Bought by
Uddin Helal M and Rahman Sabikun N
Seller's Agent
Lois Schnitzer
Ingram Realty Co.
Buyer's Agent
Aditi Jain
Redfin Corp.
List Price
$361,995
Sold Price
$361,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$271,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 21, 2014
Sold by
1475 Mass Ave Unit 217
Bought by
Rutan Janet M and Rutan Eric N
Seller's Agent
Wendy Reservitz
William Raveis R.E. & Home Services
Buyer's Agent
Lois Schnitzer
Ingram Realty Co.
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%

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
Oct 22, 2008
Sold by
Ayers Grace M
Bought by
1475 Mass Avenue 217 R and 1475 Luca

Purchase Details

Closed on
Jul 14, 2005
Sold by
Duncan Lori J and Wright Lori J
Bought by
Ayers Grace M

Purchase Details

Closed on
Mar 19, 1996
Sold by
Vigneau Katherine M
Bought by
Duncan Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,170
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1989
Sold by
Spiers Richard E
Bought by
Vigneau Katherine M
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
Liu Yuqing -- None Available
Liu Yuqing -- None Available
Zhou Lingyu $495,211 None Available
Zhou Lingyu $495,211 None Available
Makseyn Vanessa $435,445 None Available
Uddin Helal M $361,995 --
Rutan Janet M $327,000 --
1475 Mass Avenue 217 R -- --
1475 Mass Avenue 217 R -- --
Ayers Grace M $215,925 --
Ayers Grace M $215,925 --
Duncan Lori J $137,025 --
Vigneau Katherine M $98,923 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yuqing $339,000
Closed Liu Yuqing $339,000
Previous Owner Zhou Lingyu $345,328
Previous Owner Makseyn Vanessa $435,445
Previous Owner Uddin Helal M $271,000
Previous Owner Vigneau Katherine M $130,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2023 01/24/23 Sold $495,211 +0.4% $450 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $493,000 +13.2% $448 / Sq Ft
06/01/2020 06/01/20 Sold $435,445 +0.1% $396 / Sq Ft View Prior Sale
05/02/2020 05/02/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $435,000 +20.2% $395 / Sq Ft
08/26/2016 08/26/16 Sold $361,995 0.0% $329 / Sq Ft View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $361,995 +10.7% $329 / Sq Ft
07/21/2014 07/21/14 Sold $327,000 0.0% $297 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
06/04/2014 06/04/14 Off Market $327,000 -- --
05/29/2014 05/29/14 For Sale $325,000 -- $295 / 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 $6,071 $496,421 $0 $496,421
2024 $5,726 $467,460 $0 $467,460
2023 $4,823 $371,000 $0 $371,000
2022 $4,306 $312,000 $0 $312,000
2021 $3,943 $274,000 $0 $274,000
2020 $3,850 $274,000 $0 $274,000
2019 $2,386 $274,000 $0 $274,000
2018 $3,918 $274,000 $0 $274,000
2017 $3,970 $274,000 $0 $274,000
2016 $4,000 $274,000 $0 $274,000
2015 $4,072 $274,000 $0 $274,000
2014 $4,250 $274,000 $0 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73050590

MLS Property Information Network (MLS PIN)

APN: LEXI-000048-000000-276217