85 Marrett Rd Lexington, MA 02421
Follen Heights NeighborhoodEstimated Value: $2,973,000 - $4,007,000
7
Beds
6
Baths
4,857
Sq Ft
$706/Sq Ft
Est. Value
About This Home
This home is located at 85 Marrett Rd, Lexington, MA 02421 and is currently estimated at $3,427,105, approximately $705 per square foot. 85 Marrett Rd is a home located in Middlesex County with nearby schools including Bowman Elementary School, Jonas Clarke Middle School, and Lexington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2017
Sold by
Penumella Srinivas and Penumella Judit M
Bought by
Lincoln Street 219 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,000
Outstanding Balance
$1,123,554
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,187,453
Purchase Details
Closed on
Mar 1, 2016
Sold by
Lincoln Street 219 Llc
Bought by
Penumella Srinivas and Penumella Judit M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 17, 2014
Sold by
Greene Paul M and Greene Anna S
Bought by
219 Lincoln Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,270,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lincoln Street 219 Llc | -- | -- | |
| Penumella Srinivas | $1,715,000 | -- | |
| 219 Lincoln Street Llc | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Penumella Srinivas | $1,372,000 | |
| Previous Owner | Penumella Srinivas | $1,372,000 | |
| Previous Owner | 219 Lincoln Street Llc | $2,270,000 | |
| Previous Owner | Greene Anna S | $550,000 |
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 | $31,138 | $2,546,000 | $763,000 | $1,783,000 |
| 2024 | $30,000 | $2,449,000 | $727,000 | $1,722,000 |
| 2023 | $28,067 | $2,159,000 | $661,000 | $1,498,000 |
| 2022 | $27,324 | $1,980,000 | $601,000 | $1,379,000 |
| 2021 | $27,586 | $1,917,000 | $548,000 | $1,369,000 |
| 2020 | $25,459 | $1,812,000 | $548,000 | $1,264,000 |
| 2019 | $24,964 | $1,768,000 | $522,000 | $1,246,000 |
| 2018 | $5,827 | $1,686,000 | $497,000 | $1,189,000 |
| 2017 | $23,445 | $1,618,000 | $486,000 | $1,132,000 |
| 2016 | $17,681 | $1,211,000 | $437,000 | $774,000 |
| 2015 | $20,343 | $1,369,000 | $480,000 | $889,000 |
| 2014 | $12,749 | $822,000 | $386,000 | $436,000 |
Source: Public Records
Map
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