48 Valley Rd, Lexington MA 02421

Lexington, MA 02421
$700,000
2
Beds
1
Baths
1,080
Sq Ft
$648
Price/Sq Ft
0.51
Acres
1930
Year Built
3
Parking
1
Days on Market
Closed Listed May 17, 2023 • MLS# 73112764 Copied! • Updated Jun 23, 2023

Sale Statistics

Sale Overview
Original List Price: $675,000
Final Sale Price: $700,000
Difference: +$25,000 (+3.7%)
Performance Metrics
103.7%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $625
Sale $/sq ft: $648
This property sold for $648 per square foot
Sale Summary

This property sold for 3.7% above the original asking price, indicating strong buyer demand.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$648/sq ft
Area Average
$273/sq ft
Difference
+137.1%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

48 Valley Rd is a hip little house that brings a bit of a Cambridge vibe to Lexington! Appealing to those starting out, downsizing, or just anyone who appreciates the idea that good things come in small packages. With everything stylishly updated, you can move right in & enjoy efficient living. The white kitchen has stainless appliances and granite counters. The flexible dining and living room area lends itself to both cozy nights watching a movie and enjoying a quiet meal, or hosting friends and family for game night. We love the beautiful bathroom, with gorgeous unique stone tile and an oversized custom shower. The 7x16 mudroom is extremely useful and functional, especially in winter months! Other important updates include newer roof, exterior paint, electrical panel, and Weil-McLain heating system. Quiet yet convenient location, adjacent to the Minuteman Bike Way and easy access to downtown Lexington, plus routes 95/128 and 2. Yes, you CAN live in Lexington with top ranked schools!

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Recently Sold Nearby

Property History

Market Insights

40.1%
Price Range
2
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73560240
Full transaction history available when tracking began
🏡
Currently Listed
Aug 6, 2026
$969,000
MLS #73560240 - Active
Sold
Jun 23, 2023
$700,000
Property sold
Days on Market: 2
🏠
Listed for Sale
May 17, 2023
$675,000
Original listing
Agent: Team Suzanne and Company Office: Compass
Previous Transaction - MLS #72269832
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 23, 2018
$580,000
MLS #72269832

Tax History

Year Taxes Assessment
2023 $9,039 $655,000

Financial Details

Annual Property Tax
$9,039
Tax Year 2023
Assessed Value
$655,000

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1930
Living Area 1,080 sq ft
Lot Size 0.51 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Oil
Cooling None
Flooring Tile, Hardwood
Appliances Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Mud Room, Sun Room, High Speed Internet

Exterior

Construction Frame
Architecture Bungalow
Roof Shingle
Features Porch - Enclosed
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed
Features Paved Drive, Paved
Total Spaces 3
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $9,039
Assessed Value $655,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Decided To Review And Accept Offers Exclusively Through The Final Offer Platform. Photos Are From Previous Listing. Sewer Pump Under Front Yard, Holding Tank Pumps To Town Sewer Line. Lexington Registration Will Confirm Schools, Depends On Many Factors.
Exclusions None.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 2 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1930
Bedrooms
2
Full Bathrooms
1
Living Area
1,080 sq ft
Total Rooms
5

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Mud Room, Sun Room, High Speed Internet
Windows: Insulated Windows
Basement: Full, Interior Entry, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security: Security System

Construction & Materials

Style: Bungalow
Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Other

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed
Patio & Porch: Porch - Enclosed
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Paved
School District
Lexington School District local
A+
School Safety 2024-25
0.3% Low
0.3% Suspensions 0.6% In-School
5.2% below state avg
E

Elementary Schools

10 schools
Community Therapeutic School
3.1 mi
Grades PK-08
Cotting School
3.2 mi
Grades PK-12
Waldorf School
3.3 mi
Grades PK-08
Lexington Montessori School
3.7 mi
Grades PK-06
FUSE School
0.8 mi
Grades PK-03
A+
Joseph Estabrook School
1.0 mi | #9 of 824 | Score: 66.6
Improved 5 spots from last year
+8.4 above state avg
490 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
A+
Fiske School
1.4 mi | #37 of 824 | Score: 63.3
Improved 209 spots from last year
+5.1 above state avg
324 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A+
Maria Hastings School
1.5 mi | #5 of 824 | Score: 67.2
Improved 44 spots from last year
+9 above state avg
579 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A+
Bridge School
1.9 mi | #21 of 824 | Score: 64.5
Improved 86 spots from last year
+6.3 above state avg
345 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
Lexington Children's Place
2.5 mi
70 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

2 schools
A+
William Diamond Middle School
1.0 mi | #9 of 352 | Score: 63.9
Same rank as last year
+5.7 above state avg
936 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
A+
Jonas Clarke Middle School
2.6 mi | #1 of 352 | Score: 67.5
Improved 4 spots from last year
+9.3 above state avg
796 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

4 schools
JRI Meadowridge Pelham Academy School
2.4 mi
Grades 07-12
Lexington Christian Academy
3.4 mi
Grades 06-12
A+
Lexington High School
1.6 mi | #2 of 346 | Score: 82.3
Improved 3 spots from last year
+24.1 above state avg
2,405 students Diverse
20 sports • 2,520 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
A
Minuteman Regional High School
1.9 mi | #71 of 346 | Score: 63.9
Dropped 23 spots from last year
+5.7 above state avg
669 students Moderate
12 sports • 700 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

48 Valley Rd, Lexington MA 02421

Lexington, MA 02421

Listing Information

Listing Agent Team Suzanne and Company
Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID TM003664
Office MLS ID AN2383
Listing Data Updated Jun 23, 2023 3:25 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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