40 Emerson Gardens Road # 40, Lexington MA 02420

Lexington, MA 02420
$550,000
Est. $2,927/month
2
Beds
1
Baths
988
Sq Ft
$557
Price/Sq Ft
1965
Year Built
Condominium
Type
56
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73178678

About this home

Prime location to access so much of what Lexington has to offer. Step onto the paths of the Great Meadow, take the bike path to town, Emerson Garden is located to take advantage of it all. Don't want to go anywhere, lounge in the pool onsite. Need to commute to work, access is direct. This unit has great placement with front door access to street parking on Emerson. Open living and dining area with a petite kitchen. Upstairs two good size bedrooms and full bath. Finished basement with laundry. All of this at an unbeatable price for Lexington. All utilities paid for in the HOA. Stop by this weekend and check it out!

Sale Statistics

Sale Overview
Original List Price: $579,000
Final Sale Price: $550,000
Difference: $29,000 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
56
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $586
Sale $/sq ft: $557
This property sold for $557 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

The property spent 56 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1965
Bedrooms
2
Full Bathrooms
1
Living Area
988 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Interior Features

Heating
Oil
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Laundry Features
In Basement
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA Fee
$540
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,617
Tax Year
2023
Tax Assessed Value
$509,000
Parcel Number
551650
Zoning
RM

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Parking space #62. Heat for each unit is controlled by unit owner, but is turned on in late October/November and off April/May by Condo association.

Location

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Neighborhood

40 Emerson Gardens Road # 40, Lexington MA 02420

Lexington, MA 02420

Walkability

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Schools

Elementary School
Harrington
Rating information coming soon
Middle School
Clarke
Rating information coming soon
High School
Lhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $551
Homeowners Insurance $200
HOA Fee $540
PMI $0

Property History

Market Insights

5%
Price Range
57
Total Days on Market

Property Timeline

Sold
Jan 12, 2024
$550,000
Property sold
Days on Market: 57
🏠
Listed for Sale
Nov 8, 2023
$579,000
Original listing
Agent: Beth Sager Group Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Nov 8, 2023 New Listing Added $579,000

Market Statistics

Days on Market
56 days
Price per Sq Ft
$557

Tax History

Year Taxes Assessment
2023 $6,617 $509,000

Financial Details

Annual Property Tax
$6,617
Tax Year 2023
HOA Fee
$540
Monthly
Assessed Value
$509,000

Listing Information

Listing Agent Beth Sager Group
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM325032
Office MLS ID AN2627

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