NOT LISTED FOR SALE

1475 Massachusetts Ave Unit 464 Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $421,000 - $495,000

2 Beds
1 Bath
787 Sq Ft
$433/mo HOA Fee

Last Sold March 01, 2022

Last sale price $347,878 $442 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,232/month

5 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Vaulted Ceiling
  • Bowman Elementary School Rated A+
  • Property is near public transit
  • Wood Flooring

About This Home

As of March 2022

Welcome home to this two-level, top floor condo, 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. Take the elevator from the building’s main entry for easy access to your top floor home. High ceilings soar above as impressive, crisscross ceiling beams offer a unique architectural centerpiece in the open concept living/dining rooms. A charming spiral staircase winds its way to the second level opening to a spacious and private additional bedroom. On-site laundry room and bike storage adds convenience. Muzzey High condominium sale prices are limited by the Lexington Housing Assistance Board, list price is based on a 4/1/22 closing date and may vary approx. $50/day relative to that date. Household income restrictions: (1 Person) $203,804.60 (2) $233,169.24 (3) $241,908.72 (4) $250,648.19 (5) $259,387.67 (6) $268,127.15. Must be owner occupied, cannot be rented.

Last Agent to Sell the Property

Andrew Dixon

MA Properties Listed on: 02/10/2022

Last Buyer's Agent

Anne McEvoy Kilzer

AG McEvoy Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1985

Lot Details

  • No Units Above

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 787 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • School Board Elementary And Middle School
  • Lexington High School

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0048 L:276464,3301787

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

Amenities

  • 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

$3,497

Year Built

Built in 1985

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1985
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Electric Water Heater,Tank Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Closet - Double
  • Room Bedroom2 Area: 130
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Skylight, Flooring - Hardwood, Closet - Double
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 224
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Room Kitchen Area: 80
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Area: 216
  • Room Living Room Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan
  • Living Area: 787
  • Stories Total: 2
  • MAIN LO: AN6342
  • LIST PRICE PER Sq Ft: 444.19
  • PRICE PER Sq Ft: 442.03
  • MAIN SO: NB4890

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump, Individual
  • Heating: Heat Pump, Electric, Individual
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 433
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Public School
  • UNIT BUILDING: 464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0048 L:276464,3301787
  • Zoning: ND
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 97

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3497
  • Tax Book Number: 63923

Multi Family

  • Number Of Units Total: 71

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Feb 23, 2022
Sold by
Santos Michael
Bought by
Moreira Fernanda
Seller's Agent
Andrew Dixon
MA Properties
Buyer's Agent
Anne McEvoy Kilzer
AG McEvoy Realty
List Price
$349,579
Sold Price
$347,878
Premium/Discount to List
-$1,701
-0.49%
Current Estimated Value
$439,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,868
Avg. Annual Appreciation
5.79%
Original Mortgage
$375,000
Outstanding Balance
$352,161
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$70,054

Purchase Details

Closed on
Jul 16, 2014
Sold by
Jordan Patrick T
Bought by
Santos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Buono Anne E
Bought by
Jordan Patrick T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,348
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Maas Hans and Maas Henrica
Bought by
Buono Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Katz Hannah
Bought by
Maas Hans A and Mmas Henrica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Brown Olga
Bought by
Maas Hans and Maas Henrica

Purchase Details

Closed on
Oct 2, 1998
Sold by
Adler David A
Bought by
Brown Olga

Purchase Details

Closed on
Jun 30, 1993
Sold by
Ferrier Linda J
Bought by
Adler David A
Source: Public Records

Range of Values:

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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
Moreira Fernanda $347,878 None Available
Santos Michael $240,000 --
Jordan Patrick T $224,184 --
Jordan Patrick T $224,184 --
Buono Anne E $214,050 --
Buono Anne E $214,050 --
Maas Hans A $257,392 --
Maas Hans A $257,392 --
Maas Hans $189,386 --
Maas Hans $189,386 --
Brown Olga $142,900 --
Adler David A $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Fernanda $375,000
Previous Owner Santos Michael $333,180
Previous Owner Santos Michael $240,000
Previous Owner Jordan Patrick T $139,348
Previous Owner Maas Hans A $165,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $347,878 -0.5% $442 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $349,579 -- $444 / 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 $4,436 $362,707 $0 $362,707
2024 $4,443 $362,707 $0 $362,707
2023 $4,290 $330,000 $0 $330,000
2022 $3,823 $277,000 $0 $277,000
2021 $3,497 $243,000 $0 $243,000
2020 $3,414 $243,000 $0 $243,000
2019 $3,431 $243,000 $0 $243,000
2018 $3,475 $243,000 $0 $243,000
2017 $3,521 $243,000 $0 $243,000
2016 $3,548 $243,000 $0 $243,000
2015 $3,611 $243,000 $0 $243,000
2014 $3,769 $243,000 $0 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72941781

MLS Property Information Network (MLS PIN)

APN: LEXI-000048-000000-276464