NOT LISTED FOR SALE

40 Ray Ave Burlington, MA 01803

Winnmere Neighborhood

Estimated Value: $5,350,955

Studio
-- Bath
2,500 Sq Ft
$2,140/Sq Ft Est. Value

About This Home

This home is located at 40 Ray Ave, Burlington, MA 01803 and is currently estimated at $5,350,955, approximately $2,140 per square foot. 40 Ray Ave is a home located in Middlesex County with nearby schools including Burlington High School, Memorial Elementary School, and Marshall Simonds Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Mckanas Sheryl
Bought by
40 Ray Avenue Realty Llc
Current Estimated Value
$5,350,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$781,365
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$4,569,590

Purchase Details

Closed on
Oct 11, 2017
Sold by
Ray Avenue Burlington
Bought by
Mckanas Sheryl

Purchase Details

Closed on
Sep 5, 2008
Sold by
40 Ray Avenue Llc
Bought by
Ray Avenue Burlington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2007
Sold by
Healthy Rt and Mckanas
Bought by
40 Ray Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1995
Sold by
Somrock Corp
Bought by
Healthy Rt and Mckanas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
40 Ray Avenue Realty Llc -- --
Mckanas Sheryl -- --
Ray Avenue Burlington $2,500,000 --
Ray Avenue Burlington $2,500,000 --
40 Ray Avenue Llc $2,000,000 --
40 Ray Avenue Llc $2,000,000 --
Healthy Rt $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 Ray Avenue Realty Llc $900,000
Previous Owner Ray Avenue Burlington $2,500,000
Previous Owner 40 Ray Avenue Llc $1,800,000
Previous Owner Healthy Rt $750,000
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 $49,807 $1,955,500 $843,700 $1,111,800
2024 $49,119 $1,903,100 $803,600 $1,099,500
2023 $46,709 $1,786,200 $744,100 $1,042,100
2022 $45,538 $1,709,400 $681,900 $1,027,500
2021 $42,502 $1,644,800 $649,400 $995,400
2020 $41,273 $1,616,000 $649,400 $966,600
2019 $41,050 $1,508,100 $596,900 $911,200
2018 $41,139 $1,492,700 $568,200 $924,500
2017 $39,846 $1,492,700 $568,200 $924,500
2016 $39,699 $1,403,800 $568,200 $835,600
2015 $40,240 $1,368,700 $568,200 $800,500
2014 $43,931 $1,358,400 $514,100 $844,300
Source: Public Records

Map

Massachusetts Middlesex County Burlington 01801 Winnmere

40 Ray Ave, Burlington, MA

Not Listed for Sale

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