NOT LISTED FOR SALE

Estimated Value: $938,000 - $977,000

3 Beds
2 Baths
1,500 Sq Ft
$230/mo HOA Fee

Last Sold May 26, 2023

Last sale price $880,000 $587 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,073/month

4 Days on Market

Highlights

  • Medical Services
  • Landscaped Professionally
  • Wood Flooring
  • Mary Lee Burbank Elementary School Rated A+
  • Property is near public transit
  • 5-minute walk to Clay Pit Pond Park

About This Home

As of May 2023

This top floor unit, located on the Cambridge line, boasts three spacious and sun filled bedrooms, two baths, a 1-car garage, and a large fully fenced backyard. The updated eat-in kitchen features stunning quartz countertops, cabinetry, and stainless steel appliances. The formal dining room opens up to a huge living room with a picture window that allows plenty of natural light to flood in. The three large bedrooms include a main bedroom with a dedicated full bath. Other features include in-unit laundry, central air, and a gas heating system. The fully fenced backyard is a true treasure, complete with an oversized patio that's perfect for outdoor entertaining. You'll love the convenience of 1 mile away to the town center, near top-rated schools such as Burbank Elementary and Belmont High. Public transportation options are easily accessible with bus routes #74, #75, and #78 and the Minuteman Commuter Bikeway, and Alewife train station located within a short distance from the property

Last Agent to Sell the Property

Alina Wang

Coldwell Banker Realty - Lexington Listed on: 04/27/2023

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Jin Wang

Wang & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1973

Lot Details

  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Open Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Insulated Windows
  • Picture Window
  • Dining Area
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:22 P:000049 S: U:2,5132341

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 2 Units
  • 53 55 Trowbridge Street Condominium Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,575

Year Built

Built in 1973

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1973
  • Entry Level: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Flooring - Hardwood, Closet - Double
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Lighting - Overhead
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead
  • Laundry Features: Washer Hookup, In Unit
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup
  • Basement: Y
  • Living Area: 1500
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN4203
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio, Storage, Fenced Yard, Rain Gutters, Professional Landscaping
  • Construction Materials: Frame
  • Fencing: Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, University
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: M:22 P:000049 S: U:2,5132341
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6575

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 25, 2023
Sold by
Li Yingshen and Ding Liya
Bought by
Fan Peilei
Seller's Agent
Alina Wang
Coldwell Banker Realty - Lexington
Buyer's Agent
Jin Wang
Wang & Associates
List Price
$799,000
Sold Price
$880,000
Premium/Discount to List
$81,000
10.14%
Views
39
Current Estimated Value
$958,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,543
Avg. Annual Appreciation
3.42%
Original Mortgage
$580,000
Outstanding Balance
$562,882
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,661
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fan Peilei $880,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Peilei $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $880,000 +10.1% $587 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $799,000 -- $533 / 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 $9,613 $844,000 $0 $844,000
2024 $8,701 $824,000 $0 $824,000
2023 $6,575 $585,000 $0 $585,000
2022 $6,312 $546,000 $0 $546,000
2021 $6,474 $561,000 $0 $561,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73104294

MLS Property Information Network (MLS PIN)

APN: BELM M:22 P:000049 S: U:2