
40 Philip Rd Lexington, MA 02421
Follen Heights NeighborhoodEstimated payment $13,395/month
Highlights
- Heated In Ground Pool
- Cape Cod Architecture
- Vaulted Ceiling
- Bowman Elementary School Rated A+
- Landscaped Professionally
- Wood Flooring
About This Home
Nestled on a picturesque 15,500 square foot lot in a sought-after neighborhood, this custom contemporary Cape blends timeless elegance with modern comfort. Surrounded by lush landscaping, this home features a luxurious, heated in-ground pool- an oasis for relaxation and entertaining. The eat-in chef’s kitchen offers quartz counters, a center island, high-end appliances, ample cabinetry, a fireplace, & is complemented by an oversized mudroom. The fireplaced living room is enhanced with cathedral ceilings & skylights, while the elegant dining room, with its own fireplace, sets the stage for memorable holidays. A spacious family room is perfect for both morning coffee & movie nights. With a 1st floor home office/bedroom plus 4 add'l bedrooms-including a private primary suite with dual walk-in closets & large private bath, this home offers both style and function. The walk-out LL includes a gym, rec space, laundry & ample storage. This meticulously maintained home is perfect for any buyer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,757
Year Built
- Built in 1966 | Remodeled
Lot Details
- 0.36 Acre Lot
- Fenced Yard
- Fenced
- Landscaped Professionally
- Level Lot
- Sprinkler System
- Property is zoned RS
Parking
- 2 Car Attached Garage
- Heated Garage
Home Design
- Cape Cod Architecture
- Split Level Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Lighting
- 3 Fireplaces
- Mud Room
- Home Office
- Home Gym
- Home Security System
Kitchen
- Stove
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 4 Full Bathrooms
- Bathtub with Shower
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Heated In Ground Pool
- Patio
Utilities
- Central Air
- 3 Cooling Zones
- 4 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:0008 L:000121,547581
Map
Home Values in the Area
Average Home Value in this Area
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 | $21,757 | $1,779,000 | $745,000 | $1,034,000 |
2024 | $21,242 | $1,734,000 | $710,000 | $1,024,000 |
2023 | $20,163 | $1,551,000 | $645,000 | $906,000 |
2022 | $19,417 | $1,407,000 | $586,000 | $821,000 |
2021 | $5,675 | $1,353,000 | $558,000 | $795,000 |
2020 | $19,024 | $1,354,000 | $558,000 | $796,000 |
2019 | $18,045 | $1,278,000 | $532,000 | $746,000 |
2018 | $17,532 | $1,226,000 | $507,000 | $719,000 |
2017 | $17,098 | $1,180,000 | $483,000 | $697,000 |
2016 | $18,046 | $1,236,000 | $460,000 | $776,000 |
2015 | $16,807 | $1,131,000 | $418,000 | $713,000 |
2014 | $15,060 | $971,000 | $380,000 | $591,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/13/2025 05/13/25 | Pending | -- | -- | -- |
05/08/2025 05/08/25 | For Sale | $2,079,000 | -- | $513 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Land Court Massachusetts | $1,025,000 | -- | |
Land Court Massachusetts | $400,000 | -- | |
Deed | $323,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $485,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $569,000 | No Value Available | |
Previous Owner | $55,000 | Purchase Money Mortgage | |
Previous Owner | $30,000 | No Value Available | |
Previous Owner | $350,000 | No Value Available | |
Previous Owner | $250,000 | No Value Available | |
Previous Owner | $180,500 | No Value Available | |
Previous Owner | $190,000 | No Value Available | |
Previous Owner | $150,000 | Purchase Money Mortgage | |
Previous Owner | $180,400 | No Value Available | |
Previous Owner | $120,000 | Purchase Money Mortgage |
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73371697

APN: LEXI-000008-000000-000121
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