56 Reed St Lexington, MA 02421
North Lexington NeighborhoodEstimated Value: $1,295,000 - $1,433,000
4
Beds
2.5
Baths
2,250
Sq Ft
$609/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Open Floorplan
- Colonial Architecture
- Joseph Estabrook Elementary School Rated A+
- Custom Closet System
- Property is near public transit
About This Home
As of May 2023Move right into this beautifully updated, vintage Colonial in a fabulous neighborhood setting! This mint condition home offers inviting open floor plan, hardwood floors, and every amenity. Beautifully renovated and expanded in 2005. Unlimited improvements include new windows, 2-zone central air conditioning, gas furnace, 200 amp electrical service, first floor family room with gas fireplace and custom built-ins. The eat-in granite kitchen boasts new stainless appliances. Very recent updates include new dryer, irrigation system, garage roof, boiler and water tank, and much more. Four bedrooms on the second floor plus updated family bath. Spacious master suite with vaulted ceiling, master bath with outfitted laundry room. Inviting deep front porch and full-width private backyard patio. Enjoy easy living steps from the Minuteman Bike path, Garfield Park, neighborhood tennis courts and Lexington Center.
Last Agent to Sell the Property
Coldwell Banker Realty - Lexington Listed on: 03/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,272
Year Built
- Built in 1910
Lot Details
- 10,572 Sq Ft Lot
- Near Conservation Area
- Level Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,250 Sq Ft Home
- Open Floorplan
- Chair Railings
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Window Screens
- Entrance Foyer
- Family Room with Fireplace
- Sitting Room
- Dining Area
- Storm Doors
Kitchen
- Breakfast Bar
- Stove
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Dual Closets
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Sump Pump
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Lexington Elementary And Middle School
- Lexington High School
Utilities
- Whole House Fan
- Central Air
- 2 Cooling Zones
- 4 Heating Zones
- Heating System Uses Natural Gas
- Hot Water Heating System
- Electric Baseboard Heater
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 556196
Community Details
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Additional Features
- No Home Owners Association
- Shops
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
Total Days on Market
12
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
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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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $1,288,000 | -0.8% | $572 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $1,299,000 | 0.0% | $577 / Sq Ft |
| 01/23/2021 01/23/21 | Rented | $4,380 | 0.0% | -- |
| 01/05/2021 01/05/21 | Price Changed | $4,380 | -2.7% | $2 / Sq Ft |
| 01/03/2021 01/03/21 | Under Contract | -- | -- | -- |
| 12/30/2020 12/30/20 | Price Changed | $4,500 | +2.7% | $2 / Sq Ft |
| 12/09/2020 12/09/20 | Price Changed | $4,380 | +4.8% | $2 / Sq Ft |
| 11/27/2020 11/27/20 | Price Changed | $4,180 | -19.3% | $2 / Sq Ft |
| 10/19/2020 10/19/20 | Price Changed | $5,180 | 0.0% | $3 / Sq Ft |
| 10/19/2020 10/19/20 | For Rent | $5,180 | +6.1% | -- |
| 10/16/2020 10/16/20 | Off Market | $4,880 | -- | -- |
| 09/30/2020 09/30/20 | Price Changed | $4,880 | +8.9% | $3 / Sq Ft |
| 09/21/2020 09/21/20 | Price Changed | $4,480 | +3.0% | $2 / Sq Ft |
| 09/11/2020 09/11/20 | Price Changed | $4,350 | -8.4% | $2 / Sq Ft |
| 05/18/2020 05/18/20 | For Rent | $4,750 | 0.0% | -- |
| 08/01/2019 08/01/19 | Rented | $4,750 | 0.0% | -- |
| 07/11/2019 07/11/19 | Under Contract | -- | -- | -- |
| 07/07/2019 07/07/19 | For Rent | $4,750 | 0.0% | -- |
| 07/06/2019 07/06/19 | Off Market | $4,750 | -- | -- |
| 06/26/2019 06/26/19 | For Rent | $4,750 | 0.0% | -- |
| 06/23/2019 06/23/19 | Off Market | $4,750 | -- | -- |
| 06/20/2019 06/20/19 | For Rent | $4,750 | 0.0% | -- |
| 07/18/2014 07/18/14 | Sold | $897,500 | 0.0% | $399 / Sq Ft |
| 05/27/2014 05/27/14 | Pending | -- | -- | -- |
| 05/20/2014 05/20/14 | Off Market | $897,500 | -- | -- |
| 05/16/2014 05/16/14 | For Sale | $879,000 | -- | $391 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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
Agents Affiliated with this Home
-
Elizabeth Crampton
Seller's Agent in 2023
Elizabeth Crampton
Coldwell Banker Realty - Lexington
(781) 389-4400
23 in this area
129 Total Sales
-
Casey Scholl
Seller Co-Listing Agent in 2023
Casey Scholl
Coldwell Banker Realty - Lexington
(609) 284-3147
1 in this area
8 Total Sales
-
Erica Yang
Buyer's Agent in 2023
Erica Yang
Coldwell Banker Realty - Lexington
(617) 401-7398
2 in this area
54 Total Sales
-
Zhihao Wang
Z
Seller's Agent in 2021
Zhihao Wang
StartPoint Realty
(216) 789-9218
1 in this area
5 Total Sales
-
Bill Lau
Buyer's Agent in 2021
Bill Lau
Windsor Real Estate LLC
(617) 834-7775
44 Total Sales
-
Deborah Fogarty
Seller's Agent in 2014
Deborah Fogarty
Coldwell Banker Realty - Lexington
(781) 405-4261
16 in this area
63 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73086317
APN: LEXI-000065-000000-000046A
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