Seller's Agent in 2022
Vivien Tao
Coldwell Banker Realty - Concord
(978) 764-8579
2 in this area
26 Total Sales
7 Bates Rd Lexington, MA 02421
North Lexington NeighborhoodEstimated Value: $2,526,000 - $3,327,000
5
Beds
5
Baths
6,178
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Custom Closet System
- Solid Surface Countertops
- Maria Hastings Elementary School Rated A+
- Wood Flooring
- Wet Bar
About This Home
As of January 2022Discernibly elegant NEW home offers a pleasing retreat for today's lifestyle! Architect designed floor plan showcasing superlative craftsmanship w/quality modern material! Prominently situated near a cul-de-sac, this stylish home features light-filled and well-appointed living spaces, enhanced by exquisite finishes including crown moldings & wainscoting in foyer, LR and DR, coffered ceiling in FR, tray ceiling in primary BR w/ 2 large walk-in closets. Amazing chef's kitchen completes w/butler's pantry and professional grade appliances. Dedicated 1st floor study w/a full bath and spacious mudroom. Sun-filled walkout lower level w/tall ceilings offers a full bath, spacious exercise &game rooms, plus an office w/wet bar that has its own entry. Energy efficient HVAC. Granite steps leading to front entrance, professional landscaping and private yard provide exceptional outdoor entertaining/play areas. Direct access to Katahdin Woods conservation, minutes to school & commuting routes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,850
Year Built
- 2021
Lot Details
- 0.5
Parking
- 2
Interior Spaces
- Open Floorplan
- Wet Bar
- Crown Molding
- Wainscoting
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Picture Window
- Dining Area
Kitchen
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on second floor
- Custom Closet System
- Linen Closet
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Separate Shower
Utilities
- 4 Cooling Zones
- 4 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Jan 24, 2022
Sold by
Bates Road Llc
Bought by
Wang Meng and Chang Yuqing
Seller's Agent
Vivien Tao
Coldwell Banker Realty - Concord
Buyer's Agent
Karen Yu
Phoenix Real Estate Partners, LLC
List Price
$2,529,000
Sold Price
$2,504,000
Premium/Discount to List
-$25,000
-0.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,569
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,999,000
Outstanding Balance
$1,849,843
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,090,786
Purchase Details
Closed on
Feb 1, 2021
Sold by
Faith E Pelikan Lt
Bought by
Bates Road Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Meng | $2,504,000 | None Available | |
| Bates Road Llc | $750,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Meng | $1,999,000 | |
| Previous Owner | Bates Road Llc | $1,380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2022 01/24/22 | Sold | $2,504,000 | -1.0% | $405 / Sq Ft |
| 12/14/2021 12/14/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $2,529,000 | -- | $409 / 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 | $32,850 | $2,686,000 | $808,000 | $1,878,000 |
| 2024 | $31,875 | $2,602,000 | $770,000 | $1,832,000 |
| 2023 | $29,796 | $2,292,000 | $700,000 | $1,592,000 |
| 2022 | $22,646 | $1,641,000 | $516,000 | $1,125,000 |
| 2021 | $9,425 | $655,000 | $492,000 | $163,000 |
| 2020 | $9,161 | $652,000 | $492,000 | $160,000 |
| 2019 | $8,656 | $613,000 | $468,000 | $145,000 |
| 2018 | $8,308 | $581,000 | $446,000 | $135,000 |
| 2017 | $7,506 | $518,000 | $411,000 | $107,000 |
| 2016 | $7,315 | $501,000 | $392,000 | $109,000 |
| 2015 | $6,850 | $461,000 | $356,000 | $105,000 |
| 2014 | $6,173 | $398,000 | $317,000 | $81,000 |
Source: Public Records
Agents Affiliated with this Home
-
Vivien Tao
-
Karen Yu
Buyer's Agent in 2022
Karen Yu
Phoenix Real Estate Partners, LLC
(617) 335-2372
4 in this area
43 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72909198
APN: LEXI-000067-000000-000018
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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