3 Demar Rd Lexington, MA 02420
North Lexington NeighborhoodEstimated Value: $1,439,000 - $2,302,000
3
Beds
3
Baths
2,040
Sq Ft
$898/Sq Ft
Est. Value
About This Home
This home is located at 3 Demar Rd, Lexington, MA 02420 and is currently estimated at $1,832,344, approximately $898 per square foot. 3 Demar Rd is a home located in Middlesex County with nearby schools including Joseph Estabrook Elementary School, Wm Diamond Middle School, and Lexington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 1998
Sold by
Jaffe Jack and Jaffe Diane K
Bought by
Frenchman Dennis and Prosnitz Linda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$91,489
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,417,600
Purchase Details
Closed on
Aug 8, 1989
Sold by
Gaumont Ronald
Bought by
Jaffe Jack
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Frenchman Dennis | $585,000 | -- | |
Frenchman Dennis | $585,000 | -- | |
Jaffe Jack | $415,000 | -- | |
Jaffe Jack | $415,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Frenchmann Dennis | $75,000 | |
Open | Frenchman Dennis M | $195,000 | |
Closed | Jaffe Jack | $50,000 | |
Closed | Jaffe Jack | $198,000 | |
Open | Jaffe Jack | $380,000 |
Source: Public Records
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 | $18,981 | $1,552,000 | $784,000 | $768,000 |
2024 | $17,714 | $1,446,000 | $747,000 | $699,000 |
2023 | $16,900 | $1,300,000 | $679,000 | $621,000 |
2022 | $15,539 | $1,126,000 | $617,000 | $509,000 |
2021 | $15,599 | $1,084,000 | $588,000 | $496,000 |
2020 | $15,511 | $1,104,000 | $588,000 | $516,000 |
2019 | $14,939 | $1,058,000 | $560,000 | $498,000 |
2018 | $418 | $1,019,000 | $533,000 | $486,000 |
2017 | $422 | $943,000 | $503,000 | $440,000 |
2016 | $13,125 | $899,000 | $479,000 | $420,000 |
2015 | $12,676 | $853,000 | $435,000 | $418,000 |
2014 | $13,339 | $860,000 | $392,000 | $468,000 |
Source: Public Records
Map
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