NOT LISTED FOR SALE

40 Emerson Gardens Rd Unit 40 Lexington, MA 02420

Countryside Neighborhood

Estimated Value: $594,174 - $666,000

2 Beds
1 Bath
988 Sq Ft
$637/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $550,000 $557 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,839/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Cooling Available
  • Harrington Elementary School Rated A
  • Jogging Path
  • Park

About This Home

As of June 2024

Prime location to access so much of what Lexington has to offer. Step onto the paths of the Great Meadow, take the bike path to town, Emerson Garden is located to take advantage of it all. Don't want to go anywhere, lounge in the pool onsite. Need to commute to work, access is direct. This unit has great placement with front door access to street parking on Emerson. Open living and dining area with a petite kitchen. Upstairs two good size bedrooms and full bath. AC is window AC, no central AC. Pictures are virtually staged. More pictures are under preparation, owners did new painting, added new lights, polished floor, changed door handles and did bathroom renovation! Some finishing work will be done very soon, move in ready in Jun 1,2024.

Last Agent to Rent the Property

Heejeong Joo

Blue Ocean Realty, LLC Listed on: 05/10/2024

Last Renter's Agent

Heejeong Joo

Blue Ocean Realty, LLC Listed on: 05/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,298

Year Built

  • Built in 1965

Lot Details

  • 436

Parking

  • 1 Car Parking Space

Home Design

  • 988 Sq Ft Home
  • Property Attached
  • Entry on the 1st floor

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Washer and Dryer Hookup

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Oil

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 6/1/24
  • Rent includes heat, hot water, water, sewer, snow removal, swimming pool
  • 12 Month Lease Term
  • Assessor Parcel Number 551650

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,298

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 1965
  • Entry Level: 1
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Dryer Hookups in Unit, Washer Hookups in Unit
  • Living Area: 988
  • Spa YN: No
  • MAIN LO: AN2056
  • MAIN SO: AN2056

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Heating: Oil
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Heat, Hot Water, Water, Sewer, Snow Removal, Swimming Pool
  • Senior Community YN: No

Lot Info

  • Parcel Number: 551650
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 5, 2024
Sold by
40 Emerson Gardens Nt and Blankenheim
Bought by
Zhang Ft and Wei
Seller's Agent
Beth Sager Group
Keller Williams Realty Boston Northwest
Buyer's Agent
Alina Wang
Coldwell Banker Realty - Lexington
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Views
216
Current Estimated Value
$629,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,544
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Aug 10, 2017
Sold by
Blankenheim Joan
Bought by
40 Emerson Gardens Nt and Blankenheim

Purchase Details

Closed on
Nov 29, 1990
Sold by
Renbel Props Of Bost T
Bought by
Blankenheiim Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Ft $550,000 None Available
Zhang Ft $550,000 None Available
40 Emerson Gardens Nt -- --
40 Emerson Gardens Nt -- --
Blankenheiim Joan $64,000 --
Blankenheiim Joan $64,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2024 06/29/24 Rented $3,000 0.0% --
06/23/2024 06/23/24 Under Contract -- -- --
06/04/2024 06/04/24 Price Changed $3,000 -3.2% $3 / Sq Ft
05/21/2024 05/21/24 Price Changed $3,100 -3.1% $3 / Sq Ft
05/10/2024 05/10/24 For Rent $3,200 0.0% --
01/12/2024 01/12/24 Sold $550,000 -5.0% $557 / Sq Ft View Prior Sale
01/04/2024 01/04/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $579,000 -- $586 / 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 $6,298 $515,000 $0 $515,000
2024 $6,542 $534,000 $0 $534,000
2023 $6,617 $509,000 $0 $509,000
2022 $6,376 $462,000 $0 $462,000
2021 $6,490 $451,000 $0 $451,000
2020 $6,604 $470,000 $0 $470,000
2019 $5,959 $422,000 $0 $422,000
2018 $5,949 $416,000 $0 $416,000
2017 $5,579 $385,000 $0 $385,000
2016 $4,730 $324,000 $0 $324,000
2015 $4,220 $284,000 $0 $284,000
2014 $4,312 $278,000 $0 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73235948

MLS Property Information Network (MLS PIN)

APN: LEXI-000038-000000-000049-000040