56 Reed St Unit 1 Lexington, MA 02421
North Lexington NeighborhoodEstimated Value: $1,368,000 - $1,564,000
4
Beds
3
Baths
1,925
Sq Ft
$754/Sq Ft
Est. Value
About This Home
This home is located at 56 Reed St Unit 1, Lexington, MA 02421 and is currently estimated at $1,451,856, approximately $754 per square foot. 56 Reed St Unit 1 is a home located in Middlesex County with nearby schools including Joseph Estabrook Elementary School, Wm Diamond Middle School, and Lexington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2023
Sold by
Li Yaomei and Qiao Zhigang
Bought by
Li Yaomei
Current Estimated Value
Purchase Details
Closed on
Jun 26, 2003
Sold by
Byers Suzie Purcell and Byers Carl B
Bought by
Fainelli Douglas L and Fainelli Priscilla R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 1998
Sold by
Bartel Sylvia
Bought by
Byers Carl B and Byers Suzie P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 1990
Sold by
Blandino Helen Lc
Bought by
Bartel Sylvia
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Yaomei | -- | None Available | |
| Fainelli Douglas L | $457,000 | -- | |
| Byers Carl B | $288,660 | -- | |
| Bartel Sylvia | $178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gao Dadi | $738,000 | |
| Previous Owner | Bartel Sylvia | $317,150 | |
| Previous Owner | Fainelli Douglas L | $60,000 | |
| Previous Owner | Fainelli Douglas L | $315,000 | |
| Previous Owner | Byers Carl B | $217,000 | |
| Previous Owner | Bartel Sylvia | $75,000 | |
| Previous Owner | Bartel Sylvia | $227,150 |
Source: Public Records
Tax History Compared to Growth
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 | $14,285 | $1,168,000 | $667,000 | $501,000 |
| 2024 | $12,581 | $1,027,000 | $635,000 | $392,000 |
| 2023 | $12,272 | $944,000 | $577,000 | $367,000 |
| 2022 | $11,813 | $856,000 | $525,000 | $331,000 |
| 2021 | $11,728 | $815,000 | $500,000 | $315,000 |
| 2020 | $11,324 | $806,000 | $500,000 | $306,000 |
| 2019 | $10,872 | $770,000 | $476,000 | $294,000 |
| 2018 | $10,511 | $735,000 | $453,000 | $282,000 |
| 2017 | $10,129 | $699,000 | $418,000 | $281,000 |
| 2016 | $9,899 | $678,000 | $398,000 | $280,000 |
| 2015 | $8,426 | $567,000 | $362,000 | $205,000 |
| 2014 | $7,569 | $488,000 | $322,000 | $166,000 |
Source: Public Records
Map
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