NOT LISTED FOR SALE

1505 Massachusetts Ave Unit 6 Lexington, MA 02420

Munroe Hill Neighborhood

Estimated Value: $858,302 - $967,000

2 Beds
2.5 Baths
1,400 Sq Ft
$668/Sq Ft Est. Value

Last Sold June 09, 2025

Last sale price $960,000 $686 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,443/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Bowman Elementary School Rated A+
  • Property is near public transit
  • End Unit

About This Home

As of June 2025

Welcome to Russell Sq! A Royal Barry Wills designed, 16-unit complex just steps to the heart of Lex center. Living like a single family, this updated 2-bedroom 2.5 bath unit offers an open concept kitchen & dining area, front to back living room with gas fireplace and sliding doors to your own private patio. The 2nd level offers the primary bedroom with a quaint fireplace, double closets and primary bath as well as a generous sized 2nd bedroom with ample closet space and 2nd full bath. The lower level includes the laundry area, storage, and the potential for more living space. This is a pet friendly complex, steps to public transportation, Minuteman Bike Trail, and so close to the coffee shops, restaurants, and entertainment. It is easy to love living at Russell Sq. Showings begin Friday May 2nd.

Last Agent to Sell the Property

The Murphy Group Lexington

William Raveis R.E. & Home Services Listed on: 05/01/2025

William Raveis R.E. & Home Services

Co-Listed By

Joyce Murphy

William Raveis R.E. & Home Services

Last Buyer's Agent

Preeti Walhekar

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,451

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • End Unit
  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $756 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Recessed Lighting
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Security System

Kitchen

  • Country Kitchen
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Harrington Elementary School
  • Clarke Middle School
  • LHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:0048 L:02756,553344

Community Details

Overview

  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, reserve funds
  • 16 Units
  • Russell Square Community

Amenities

  • Shops

Recreation

  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,451

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$756 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1975
  • Entry Level: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Central Vacuum, High Speed Internet
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Country Kitchen, Recessed Lighting, Remodeled
  • Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Slider
  • Basement: Y
  • Above Grade Finished Sq Ft: 1400
  • Accessibility Features: No
  • Living Area: 1400
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Storm Window(s), Screens
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 606.43
  • PRICE PER Sq Ft: 685.71
  • MAIN SO: BB3298

Exterior Features

  • Exterior Features: Patio, Screens, Rain Gutters, Professional Landscaping, Sprinkler System
  • Common Walls: End Unit
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Garage Door Opener, Deeded, Common, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 756.43
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 6
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:0048 L:02756,553344
  • Zoning: RS
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 29
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8451
  • Tax Book Number: 71787

Multi Family

  • Number Of Units Total: 16
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 16

MLS Schools

  • High School: Lhs
  • Elementary School: Harrington
  • Middle Or Junior School: Clarke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 9, 2025
Sold by
Kimberly A Maratea Lt and Maratea
Bought by
Gorantla Anand K and Ponduri Ujjwala
Seller's Agent
The Murphy Group Lexington
William Raveis R.E. & Home Services
Buyer's Agent
Preeti Walhekar
Keller Williams Realty Boston Northwest
List Price
$849,000
Sold Price
$960,000
Premium/Discount to List
$111,000
13.07%
Views
36
Current Estimated Value
$935,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,674
Avg. Annual Appreciation
-39.87%
Original Mortgage
$864,000
Outstanding Balance
$864,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$22,912

Purchase Details

Closed on
Nov 13, 2023
Sold by
Maratea Kimberly
Bought by
Kimberly A Maratea Lt and Maratea

Purchase Details

Closed on
Mar 14, 2014
Sold by
Saunders David M and Saunders Marla J
Bought by
Yap Rt and Yap

Purchase Details

Closed on
Oct 21, 2005
Sold by
Landau Ann and Landau Richard
Bought by
Saunders David M and Saunders Marla J

Purchase Details

Closed on
Dec 17, 1999
Sold by
Cardwell Edith D
Bought by
Landau Ann and Landau Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.83%
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
Gorantla Anand K $960,000 None Available
Gorantla Anand K $960,000 None Available
Kimberly A Maratea Lt -- None Available
Kimberly A Maratea Lt -- None Available
Yap Rt $575,000 --
Yap Rt $575,000 --
Saunders David M $539,000 --
Saunders David M $539,000 --
Landau Ann $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorantla Anand K $864,000
Closed Gorantla Anand K $864,000
Previous Owner Maratea Kimberly $525,977
Previous Owner Maratea Kimberly $540,000
Previous Owner Landau Ann $400,000
Previous Owner Landau Ann $60,100
Previous Owner Landau Ann $100,000
Previous Owner Landau Ann $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $960,000 +13.1% $686 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $849,000 -- $606 / 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 $8,451 $691,000 $0 $691,000
2024 $8,122 $663,000 $0 $663,000
2023 $8,463 $651,000 $0 $651,000
2022 $8,528 $618,000 $0 $618,000
2021 $8,792 $611,000 $0 $611,000
2020 $9,147 $651,000 $0 $651,000
2019 $9,658 $684,000 $0 $684,000
2018 $9,266 $648,000 $0 $648,000
2017 $8,781 $606,000 $0 $606,000
2016 $8,307 $569,000 $0 $569,000
2015 $8,351 $562,000 $0 $562,000
2014 $7,243 $467,000 $0 $467,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73367737

MLS Property Information Network (MLS PIN)

APN: LEXI-000048-000000-000275-000006