8 Cornerstone Way Lexington, MA 02420
Munroe Hill NeighborhoodEstimated Value: $3,145,199 - $3,654,000
5
Beds
5.5
Baths
5,757
Sq Ft
$596/Sq Ft
Est. Value
Highlights
- Home Theater
- Scenic Views
- Open Floorplan
- Harrington Elementary School Rated A
- 0.85 Acre Lot
- Custom Closet System
About This Home
As of August 2021Young, classic Colonial with wide farmer’s Porch and park-like oasis! Fenced 1-acre grounds include over-sized bluestone Patio, fully equipped outdoor Kitchen and gated entry to conservation trails. Vaulted Family Room with charming, rustic ceiling beams opens to gorgeous granite Kitchen with stainless Sub-Zero and Wolf gas appliances. First floor Office w/ spacious 1/2 Bath. Front-to-back luxurious Master Suite, 3 additional Bedrooms and fully outfitted Laundry Room completes the second floor. Third floor Guest or Teen Suite and open Loft area for work or play and finished Lower Level with Fitness and Game Rooms. Expansive Mudrooms to keep your sporting gear well organized. Smart home technology with Alexa-enabled Lutron lighting, Nest lock & security system, and ultra water-saving 12-zone irrigation. Two surround-sound systems, whole-whole-house generator, 3-car heated Garage, & more! Enjoy living like every day is a vacation day with this tranquil, beautiful setting!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,118
Year Built
- Built in 2014
Lot Details
- 0.85 Acre Lot
- Property fronts a private road
- Near Conservation Area
- Street terminates at a dead end
- Landscaped Professionally
- Sprinkler System
- Garden
Parking
- 3 Car Attached Garage
- Heated Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Farmhouse Style Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,757 Sq Ft Home
- Open Floorplan
- Central Vacuum
- Wired For Sound
- Chair Railings
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Coffered Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Bay Window
- Window Screens
- French Doors
- Sliding Doors
- Mud Room
- Family Room with Fireplace
- Home Theater
- Home Office
- Bonus Room
- Play Room
- Home Gym
- Scenic Vista Views
- Home Security System
Kitchen
- Stove
- Range with Range Hood
- Microwave
- Freezer
- Plumbed For Ice Maker
- Dishwasher
- Wine Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 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
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Sump Pump
Eco-Friendly Details
- Energy-Efficient Thermostat
- Whole House Vacuum System
Outdoor Features
- Bulkhead
- Balcony
- Deck
- Patio
- Outdoor Gas Grill
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Lexington Elementary And Middle School
- Lexington High School
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- 200+ Amp Service
- Power Generator
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 4886866
Community Details
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- Property has a Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2021
Closed on
Aug 13, 2021
Sold by
Lee Robert T and Nachatelo-Lee Melissa
Bought by
Jain Rachana V and Jain Abhishek
Seller's Agent
Elizabeth Crampton
Coldwell Banker Realty - Lexington
Buyer's Agent
Abhishek Jain
List Price
$3,095,000
Sold Price
$2,850,000
Premium/Discount to List
-$245,000
-7.92%
Total Days on Market
20
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
$580,800
Avg. Annual Appreciation
5.71%
Original Mortgage
$724,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Lexington, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jain Rachana V | $2,850,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jain Abhishek | $1,500,000 | |
| Closed | Jain Rachana V | $724,500 | |
| Previous Owner | Lee Robert T | $1,327,500 | |
| Previous Owner | Lee Robert T | $1,642,951 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $2,850,000 | -3.4% | $495 / Sq Ft |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- |
| 06/27/2021 06/27/21 | Price Changed | $2,949,000 | -4.7% | $512 / Sq Ft |
| 06/12/2021 06/12/21 | For Sale | $3,095,000 | +47.4% | $538 / Sq Ft |
| 06/18/2014 06/18/14 | Sold | $2,100,000 | 0.0% | $365 / Sq Ft |
| 10/24/2013 10/24/13 | Pending | -- | -- | -- |
| 10/24/2013 10/24/13 | For Sale | $2,100,000 | -- | $365 / 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 | $34,146 | $2,792,000 | $1,160,000 | $1,632,000 |
| 2024 | $34,839 | $2,844,000 | $939,000 | $1,905,000 |
| 2023 | $32,370 | $2,490,000 | $854,000 | $1,636,000 |
| 2022 | $31,492 | $2,282,000 | $777,000 | $1,505,000 |
| 2021 | $32,118 | $2,232,000 | $740,000 | $1,492,000 |
| 2020 | $29,730 | $2,116,000 | $740,000 | $1,376,000 |
| 2019 | $29,087 | $2,060,000 | $705,000 | $1,355,000 |
| 2018 | $27,814 | $1,945,000 | $653,000 | $1,292,000 |
| 2017 | $27,343 | $1,887,000 | $623,000 | $1,264,000 |
| 2016 | $27,010 | $1,850,000 | $565,000 | $1,285,000 |
| 2015 | $27,298 | $1,837,000 | $514,000 | $1,323,000 |
| 2014 | $9,616 | $620,000 | $432,000 | $188,000 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Crampton
Seller's Agent in 2021
Elizabeth Crampton
Coldwell Banker Realty - Lexington
(781) 389-4400
21 in this area
129 Total Sales
-
Abhishek Jain
A
Buyer's Agent in 2021
Abhishek Jain
(310) 890-3514
1 in this area
2 Total Sales
-
S
Seller's Agent in 2014
Steve Hamilton
Cornerstone Concepts, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72848907
APN: LEXI-000047-000000-000065A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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