NOT LISTED FOR SALE

48 Emerson Gardens Rd Unit 48 Lexington, MA 02420

Countryside Neighborhood

Estimated Value: $422,000 - $509,000

1 Bed
1 Bath
650 Sq Ft
436 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $400,000 $615 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,762/month

Highlights

  • Community Pool
  • Shops
  • Heating System Uses Oil
  • Harrington Elementary School Rated A
  • Bike Trail

About This Home

As of May 2023

Rent includes all utilities.This spacious one bedroom well maintained end-unit is now available for rent at Emerson Gardens. Highly desirable location! Convenient location close to restaurants, shopping, transportation and highway. Hardwood floors throughout, in unit laundry, large basement for additional storage or potential future expansion. One assigned parking space and plenty of guest parking space available.

Last Agent to Rent the Property

Suraj Tamrakar

Listed on: 04/10/2023

Co-Listed By

Shareena Schofield

Stuart St James, Inc.

Last Renter's Agent

Suraj Tamrakar

Listed on: 04/10/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1965

Lot Details

  • 436

Parking

  • 1 Car Parking Space

Home Design

  • 650 Sq Ft Home
  • Entry on the 1st floor

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Laundry in unit
  • Heating System Uses Oil

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes heat, electricity, water, sewer, trash collection, swimming pool, extra storage, air conditioning, laundry facilities
  • Assessor Parcel Number 551658

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Common Area
  • Shops

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,660

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(13)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1965
  • Entry Level: 1
  • Year Built Details: Approximate
  • CoOp Comp: 50-50
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: In Unit
  • Living Area: 650
  • MAIN LO: AN7892
  • MAIN SO: AN7892

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Oil
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Shopping, Pool, Bike Path
  • Rent Includes: Heat, Electricity, Water, Sewer, Trash Collection, Swimming Pool, Extra Storage, Air Conditioning, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 551658
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • 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
May 8, 2019
Closed on
Jun 27, 2019
Sold by
Liu Steven F
Bought by
Jiang Chun
Seller's Agent
John Boey
Central Real Estate
Buyer's Agent
Jenny Ye
Zhensight Realty LLC
List Price
$269,900
Sold Price
$350,000
Premium/Discount to List
$80,100
29.68%
Current Estimated Value
$450,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,912
Avg. Annual Appreciation
4.01%
Original Mortgage
$280,000
Outstanding Balance
$246,205
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$204,707

Purchase Details

Closed on
Nov 22, 2010
Sold by
Harrington Kelly A
Bought by
Liu Steven Fu Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2009
Sold by
Diluna Anna J
Bought by
Harrington Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1997
Sold by
Norlin Eric C and Norlin Leeanne L
Bought by
Galehouse Robert

Purchase Details

Closed on
Dec 3, 1990
Sold by
Renbel Props Of Bost T
Bought by
Norlin Eric C
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
Jiang Chun $350,000 --
Liu Steven Fu Wah $215,000 --
Liu Steven Fu Wah $215,000 --
Harrington Kelly A $210,000 --
Harrington Kelly A $210,000 --
Galehouse Robert $115,000 --
Norlin Eric C $49,000 --
Norlin Eric C $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Chun $280,000
Closed Jiang Chun $280,000
Previous Owner Liu Steven Fu Wah $161,250
Previous Owner Harrington Kelly A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Rented $2,400 0.0% --
05/05/2023 05/05/23 Under Contract -- -- --
04/19/2023 04/19/23 Price Changed $2,400 -7.7% $4 / Sq Ft
04/10/2023 04/10/23 For Rent $2,600 0.0% --
03/31/2023 03/31/23 Sold $400,000 +0.3% $615 / Sq Ft View Prior Sale
03/06/2023 03/06/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $399,000 0.0% $614 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $399,000 +14.0% $614 / Sq Ft
06/28/2019 06/28/19 Sold $350,000 -2.8% $538 / Sq Ft View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $359,900 +33.3% $554 / Sq Ft
05/08/2019 05/08/19 For Sale $269,900 -- $415 / 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 $4,660 $381,000 $0 $381,000
2024 $4,839 $395,000 $0 $395,000
2023 $4,576 $352,000 $0 $352,000
2022 $4,416 $320,000 $0 $320,000
2021 $4,562 $317,000 $0 $317,000
2020 $4,637 $330,000 $0 $330,000
2019 $4,194 $297,000 $0 $297,000
2018 $4,433 $310,000 $0 $310,000
2017 $4,072 $281,000 $0 $281,000
2016 $3,460 $237,000 $0 $237,000
2015 $3,002 $202,000 $0 $202,000
2014 $3,598 $232,000 $0 $232,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny Ye

    Seller's Agent in 2023

    Jenny Ye

    Zhensight Realty LLC

    (781) 285-5898

    2 in this area

    16 Total Sales

    Jenny Ye
    Section Image

  • S

    Landlord's Agent in 2023

    Suraj Tamrakar

    Section Image

  • S

    Landlord's Co-Listing Agent in 2023

    Shareena Schofield

    Stuart St James, Inc.

    5 Total Sales

    Shareena Schofield
    Section Image
  • John Boey

    Seller's Agent in 2019

    John Boey

    Central Real Estate

    (617) 828-3268

    62 Total Sales

    John Boey
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73096827

MLS Property Information Network (MLS PIN)

APN: LEXI-000038-000000-000049-000048

Massachusetts Middlesex County Lexington 02420 Countryside

48 Emerson Gardens Rd Unit 48, Lexington, MA

Not Listed for Sale

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