166 Spring Street, Lexington MA 02421
Lexington, MA 02421
$1,310,000
Est. $6,972/month
About this home
Builders, Contractors, Investors and Developers take notice of this Lexington opportunity. The lot is 49,602 SF, and the property has two structures. The house, built in 1961, is over 3,400 SF (4 bedrooms and 3.5 baths) and has a two-story brick barn. This might yield an extensive renovation or tear-down using the current footprint or taking advantage of re-positioning the house on this large lot. The barn is in good condition and has endless opportunities for the next property owner. The property is in “as-is” condition. The house is occupied - please do not walk the property.
Sale Statistics
Sale Overview
Original List Price:
$899,000
Final Sale Price:
$1,310,000
Difference:
+$411,000 (+45.7%)
Performance Metrics
145.7%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$262
Sale $/sq ft:
$382
This property sold for $382 per square foot
Sale Summary
This property sold for 45.7% above the original asking price, indicating strong buyer demand.
With only 22 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1961
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,430 sq ft
Total Rooms
9
Interior Features
Flooring
Vinyl, Carpet, Hardwood, Flooring - Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Kitchen, Living Room
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Interior Features
Closet, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Entrance Foyer, Library, Bathroom
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement
Basement Details
Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
Window Features
Storm Window(s)
Door Features
Storm Door(s)
Accessibility Features
No
Exterior & Structure
Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle, Rubber
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Patio, Barn/Stable, Stone Wall
Patio/Porch Features
Porch - Enclosed, Patio
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
1.14 acres
Lot Size
49,602 sq ft
Lot Size Area
1.1400
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Attached, Paved Drive, Off Street, Paved
Covered Parking Spaces
2
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Security Features
Security System
Community & HOA
Community Features
Public Transportation, Shopping, Conservation Area, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$17,493
Tax Year
2024
Tax Assessed Value
$1,428,000
Parcel Number
548049
Zoning
RO
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
The property is in "As Is" Condition. Property is on Town Sewer (town card notes septic). Detached barn has electricity. Buyer's broker is responsible for their own due diligence.
Exclusions
No Exclusions.
Listing Terms
Contract
Location
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Neighborhood
166 Spring Street, Lexington MA 02421
Lexington, MA 02421
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$1,458
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
31.4%
Price Range
23
Total Days on Market
Property Timeline
Sold
Jun 17, 2024
$1,310,000
Property sold
Days on Market: 23
Listed for Sale
May 1, 2024
$899,000
Original listing
Agent: Bob Champey
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/17/2024 | ✓ Sold | $1,310,000 | - | - | Property sold |
| 05/01/2024 | 🏠 Listed for Sale | $899,000 | - | - | Original listing |