NOT LISTED FOR SALE

Estimated Value: $1,134,000

2.14 Acres
$529,907 Price per Acre
93,218 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $1,200,000 $605 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,957/month

52 Days on Market

Highlights

  • 2.14 Acre Lot
  • Wetlands on Lot
  • No HOA
  • Bowman Elementary School Rated A+
  • Wooded Lot
  • Property is near schools

About This Lot

As of November 2017

Development opportunity or Buyer looking to build a dream home in Lexington MA. Zoning Code 109. Farmhouse uninhabitable - will not be shown. Land set back from the street and abutting 11+ acres of conservation land. Current driveway passes over neighbors land, 330 Concord Ave, and may need to be relocated. Water and electricity on property. Not connected to Town of Lexington Sewer. Lexington Historic Commission granted permission to Demolish 1.18.2017. Property being SOLD AS IS.

Last Agent to Sell the Property

Paul Reardon

William Raveis R.E. & Home Services Listed on: 02/07/2017

William Raveis R.E. & Home Services

Co-Listed By

Mary Lewis

William Raveis R.E. & Home Services

Last Buyer's Agent

Paul Reardon

William Raveis R.E. & Home Services Listed on: 02/07/2017

William Raveis R.E. & Home Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,031

Lot Details

  • 2.14 Acre Lot
  • Property fronts an easement
  • Near Conservation Area
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Code 109

Parking

  • Shared Driveway
  • Open Parking

Location

  • Property is near schools

Schools

  • Bowman Elementary School
  • Clarke Middle School
  • Lexington High School

Utilities

  • Electricity To Lot Line
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 547849

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$10,031

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: $500.00
  • Buyer Agency Type: $
  • Transaction Broker: $500.00
  • Transaction Broker Type: $
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AC2354
  • MAIN SO: AC2354

Exterior Features

  • Frontage Length: 85
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Open Parking YN: Yes
  • Parking Features: Shared Driveway

Utilities

  • Sewer: Private Sewer
  • Gas: None
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Conservation Area, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 547849
  • Zoning: Code 109
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Rolling Slope, Wetlands, Wooded, Irregular Lot
  • Lot Size Acres: 2.14
  • Lot Size Area: 2.14
  • Lot Size Sq Ft: 93218.4
  • Lot Size Units: Acres
  • LOT SIZE: 93183
  • PAGE: 480
  • PERC TEST: N

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10030.7
  • Tax Book Number: 6886

MLS Schools

  • High School: Lexington High
  • Elementary School: Bowman
  • Middle Or Junior School: Clarke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Nov 17, 2017
Sold by
Ballou Marilyn L Est
Bought by
Sun Tree Realty Llc
Seller's Agent
Paul Reardon
William Raveis R.E. & Home Services
Buyer's Agent
Paul Reardon
William Raveis R.E. & Home Services
List Price
$1,095,000
Sold Price
$1,200,000
Premium/Discount to List
$105,000
9.59%
Current Estimated Value
$1,134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,000
Original Mortgage
$4,885,100
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2008
Sold by
Simmons Ann Marie
Bought by
Ballou Marilyn L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sun Tree Realty Llc $1,200,000 --
Ballou Marilyn L -- --
Simmons Ann Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Tree Realty Llc $3,825,000
Closed Sun Tree Realty Llc $4,885,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $1,200,000 +9.6% $605 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $1,095,000 -- $552 / 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 $20,974 $1,715,000 $703,000 $1,012,000
2024 $19,563 $1,597,000 $670,000 $927,000
2023 $19,526 $1,502,000 $612,000 $890,000
2022 $19,513 $1,414,000 $561,000 $853,000
2021 $9,969 $1,350,000 $536,000 $814,000
2020 $4,488 $1,359,000 $536,000 $823,000
2019 $15,193 $1,076,000 $529,000 $547,000
2018 $7,856 $746,000 $506,000 $240,000
2017 $9,781 $675,000 $467,000 $208,000
2016 $9,096 $623,000 $445,000 $178,000
2015 $8,619 $580,000 $404,000 $176,000
2014 $9,120 $588,000 $359,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72116468

MLS Property Information Network (MLS PIN)

APN: LEXI-000010-000000-000062