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11 Cushing Street

11 Cushing Street, Lexington, MA 02420
Property in North Lexington
Sold Oct 15, 2020
$1,837,000
$570,000 by Sun Mortgage -new England Inc.
Mortgage Due Apr 01, 2037
Sold May 15, 2019
$752,000
$1,384,000 by Dedham Institution For Savings
Mortgage
11 Cushing Street has been categorized by the local assessors in Lexington, MA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 11 Cushing Street has 3,521 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Cushing Street sold most recently in Oct 7, 2020 for a total of $1,837,000. If you work out the math, that's approximately a cost of $521.73 per sqft. Before that, the property was also sold for $752,000 in May 15, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,920 in taxes each year. The initial year of tax delinquency occurred in 2023. 11 Cushing Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,840,000. If we break it down further, the land itself was valued at $705,000. Improvements to the property, however, were assessed at a total of $1,135,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,067
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,521
  • Gross Building Area: 5,104
  • Building Area: 3,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,521
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI XIANG Q
  • Current Owner 2: CHEN QIAO
  • Previous Owner : 11 CUSHING STREET LLC
  • Owner Before Previous Owner: FEDUS FT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358700

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0090 L:000012
  • Lot: 12
  • Municipality: LEXINGTON
  • Latitude: 42.4832
  • Longitude: -71.2508

    Address

  • Full Address: 11 Cushing St
  • Address - House Number: 11
  • Address - Street Name: Cushing
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C007
  • 4-Digit Zip Code: 1103
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,920
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,256,577
  • High Value: 2,657,193
  • Low Value: 1,855,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: SUN MORTGAGE -NEW ENGLAND INC.
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,840,000
  • Assessed Land Value: $705,000
  • Assessed Improvements Value: $1,135,000

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11793349670
  • Current Sale Price: $1,837,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 186915
  • Previous Sale Recording Date: May 15, 2019
  • Previous Sale Contract Date: May 15, 2019
  • Previous Sale Amount: $752,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $1,070,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DEDHAM INSTITUTION FOR SAVINGS
  • Previous Mortgage Transaction Date: May 15, 2019
  • Previous Mortgage Loan Amount: $1,384,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About North Lexington



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Frequently Asked Questions

What neighborhood is 11 Cushing Street located in?
The 11 Cushing Street is a located in the neighborhood of North Lexington in North Lexington, Lexington.
What is the average sales price for listings in 11 Cushing Street?
The average sales price for units in 11 Cushing Street is $0 currently.

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