Seller's Agent in 2016
Stephen Stratford
William Raveis R.E. & Home Services
(781) 424-8538
90 Total Sales
16 Fair Oaks Terrace Lexington, MA 02421
Prospect Hill NeighborhoodEstimated Value: $1,506,343 - $1,798,000
4
Beds
2
Baths
1,905
Sq Ft
$873/Sq Ft
Est. Value
About This Home
As of May 2016Move right in to this exceptional Custom New England Cape that has been thoughtfully expanded and tastefully renovated. Bright and sunny with gorgeous HW floors, recently updated kitchen with high end appliances (Sub-Zero, Meile etc) and two new beautiful baths, first floor family room with vaulted ceiling, transom windows, fireplace, custom crafted cherry built-ins, and French door that opens to the expansive deck overlooking a private backyard retreat. In addition to finely crafted custom built-ins and dramatic new living spaces, all of the systems have been updated: high efficiency direct-vent heating system, high velocity central air conditioning, Anderson windows and updated roof. Beautifully sited on lushly landscaped 1/4+ acre lot with stonewalls and bluestone walkways. Ideally nestled on a picturesque cul-de-sac just steps from most of the sought after amenities Lexington is known for: schools, recreation, town center, conservation trails and more.
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 03/29/2016
Last Buyer's Agent
Ping Shen
United Real Estate, LLC License #449587321
Home Details
Home Type
Single Family
Est. Annual Taxes
$16,144
Year Built
1950
Lot Details
0
Listing Details
- Lot Description: Wooded, Paved Drive
- Property Type: Single Family
- Other Agent: 2.50
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Detached
- Year Built: 1950
Interior Features
- Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range
- Fireplaces: 1
- Has Basement: Yes
- Fireplaces: 1
- Primary Bathroom: Yes
- Number of Rooms: 7
- Amenities: Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Public School
- Electric: Circuit Breakers, 200 Amps
- Flooring: Tile, Wall to Wall Carpet, Hardwood
- Basement: Full
- Bedroom 2: Second Floor
- Bedroom 3: Second Floor
- Bedroom 4: Second Floor
- Bathroom #1: First Floor
- Bathroom #2: Second Floor
- Kitchen: First Floor
- Laundry Room: Basement
- Master Bedroom: First Floor
- Master Bedroom Description: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
- Dining Room: First Floor
- Family Room: First Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Clapboard
- Exterior Features: Porch, Deck
- Foundation: Concrete Block
Garage/Parking
- Garage Parking: Attached
- Garage Spaces: 1
- Parking: Off-Street
- Parking Spaces: 4
Utilities
- Cooling: Central Air
- Heating: Hot Water Radiators
- Cooling Zones: 2
- Heat Zones: 4
- Hot Water: Natural Gas, Tank
- Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Schools
- Elementary School: Bridge
- Middle School: Clarke
- High School: Lhs
Lot Info
- Zoning: Res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2016
Closed on
May 5, 2016
Sold by
Sweet David A and Sweet Joellen K
Bought by
Xiao Lanlan and Yuan Hua
Seller's Agent
Stephen Stratford
William Raveis R.E. & Home Services
Buyer's Agent
Ping Shen
United Real Estate, LLC
List Price
$959,000
Sold Price
$1,085,000
Premium/Discount to List
$126,000
13.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,836
Avg. Annual Appreciation
4.15%
Purchase Details
Closed on
Jul 1, 1985
Bought by
Sweet David A and Joellen Sweet K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xiao Lanlan | $1,085,000 | -- | |
| Sweet David A | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sweet David A | $150,000 | |
| Previous Owner | Sweet David A | $86,000 | |
| Previous Owner | Sweet David A | $202,000 | |
| Previous Owner | Sweet David A | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2016 05/05/16 | Sold | $1,085,000 | +13.1% | $570 / Sq Ft |
| 04/05/2016 04/05/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | For Sale | $959,000 | -- | $503 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $16,144 | $1,320,000 | $843,000 | $477,000 |
| 2024 | $15,668 | $1,279,000 | $803,000 | $476,000 |
| 2023 | $14,963 | $1,151,000 | $730,000 | $421,000 |
| 2022 | $14,352 | $1,040,000 | $663,000 | $377,000 |
| 2021 | $13,958 | $970,000 | $605,000 | $365,000 |
| 2020 | $13,629 | $970,000 | $605,000 | $365,000 |
| 2019 | $12,962 | $918,000 | $576,000 | $342,000 |
| 2018 | $12,698 | $888,000 | $549,000 | $339,000 |
| 2017 | $12,389 | $855,000 | $536,000 | $319,000 |
| 2016 | $11,257 | $771,000 | $489,000 | $282,000 |
| 2015 | $10,788 | $726,000 | $444,000 | $282,000 |
| 2014 | $9,957 | $642,000 | $404,000 | $238,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2016
Ping Shen
United Real Estate, LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71978849
APN: LEXI-000041-000000-000037
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