Seller's Agent in 2022
Rachael Ades
William Raveis R.E. & Home Services
(617) 548-0133
4 in this area
66 Total Sales
31 Fairlawn Ln Lexington, MA 02420
Countryside NeighborhoodEstimated Value: $3,900,822 - $4,361,000
6
Beds
6.5
Baths
7,600
Sq Ft
$545/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Landscaped Professionally
- Property is near public transit
- Harrington Elementary School Rated A
- Contemporary Architecture
- Wood Flooring
About This Home
As of August 2022Magnificent, new construction in a desirable Lexington cul de sac, this signature home delivers cutting-edge modern architectural design, carefully selected high end finishes, and build quality like no other. Endless natural light streams through the banks of oversized windows. The top-notch Italian kitchen is a showstopper with quartz countertops, huge breakfast bar island with waterfall countertop, butler's pantry and seamless transition to the impressive family room with a gas fireplace and sliders to the patio. A 1st level suite is perfect for guests or working remotely. The lavish master suite w/ grand windows is a tranquil retreat with separate sleeping/lounge areas graced by a two-sided gas fireplace and exquisite master bath with dual sinks, spa tub and oversized tiled shower. Prepare to be amazed in the walkout lower entertainment haven featuring a home gym, billiards room with wetbar, home theater and a spectacular glass wine cellar gallery for the sophisticated connoisseur.
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 04/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,828
Year Built
- Built in 1956
Lot Details
- 1.05 Acre Lot
- Near Conservation Area
- Landscaped Professionally
- Level Lot
- Property is zoned RS
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,600 Sq Ft Home
- 3 Fireplaces
- Insulated Windows
- Wine Cellar
- Game Room
- Home Gym
- Wood Flooring
- Laundry on upper level
- Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
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
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Energy-Efficient Thermostat
- Patio
Community Details
- Park
- Jogging Path
Listing and Financial Details
- Assessor Parcel Number M:0036 L:000005,551280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 19, 2020
Sold by
Katherine S Dulsen Ret
Bought by
31 Fairlawn Lane Llc
Seller's Agent
Nancy Hudgins
Advisors Living - Sudbury
Buyer's Agent
Rachael Ades
William Raveis R.E. & Home Services
List Price
$930,000
Sold Price
$985,000
Premium/Discount to List
$55,000
5.91%
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
$3,158,706
Avg. Annual Appreciation
34.73%
Original Mortgage
$1,725,000
Outstanding Balance
$1,538,503
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,605,203
Purchase Details
Closed on
Aug 12, 2010
Sold by
Dulsen Katherine S
Bought by
Holzman-Onello Harriet and Dulsen Katherine S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 31 Fairlawn Lane Llc | $985,000 | None Available | |
| Holzman-Onello Harriet | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levy David | $1,000,000 | |
| Open | 31 Fairlawn Lane Llc | $1,725,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2022 08/16/22 | Sold | $3,500,000 | 0.0% | $461 / Sq Ft |
| 10/06/2021 10/06/21 | Pending | -- | -- | -- |
| 10/04/2021 10/04/21 | For Sale | -- | -- | -- |
| 07/19/2021 07/19/21 | Off Market | $3,500,000 | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $3,500,000 | +255.3% | $461 / Sq Ft |
| 10/30/2020 10/30/20 | Sold | $985,000 | +5.9% | $353 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/11/2020 09/11/20 | For Sale | $930,000 | -- | $334 / 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 | $45,080 | $3,686,000 | $951,000 | $2,735,000 |
| 2024 | $42,373 | $3,459,000 | $906,000 | $2,553,000 |
| 2023 | $25,948 | $1,996,000 | $705,000 | $1,291,000 |
| 2022 | $13,151 | $953,000 | $642,000 | $311,000 |
| 2021 | $13,397 | $931,000 | $612,000 | $319,000 |
| 2020 | $12,828 | $913,000 | $612,000 | $301,000 |
| 2019 | $12,143 | $860,000 | $583,000 | $277,000 |
| 2018 | $11,697 | $818,000 | $556,000 | $262,000 |
| 2017 | $11,534 | $796,000 | $529,000 | $267,000 |
| 2016 | $10,892 | $746,000 | $505,000 | $241,000 |
| 2015 | $10,224 | $688,000 | $459,000 | $229,000 |
| 2014 | $9,647 | $622,000 | $417,000 | $205,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Ades
-
The Shulkin Wilk Group
Buyer's Agent in 2022
The Shulkin Wilk Group
Compass
(781) 365-9954
1 in this area
304 Total Sales
-
Nancy Hudgins
Seller's Agent in 2020
Nancy Hudgins
Advisors Living - Sudbury
(781) 608-7137
1 in this area
119 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72815778
APN: LEXI-000036-000000-000005
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