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15 Hayes Lane

15 Hayes Lane, Lexington, MA 02420
Sold Jun 23, 2017
$781,000
$300,500 by Stearns Lending Inc
Mortgage Due Jun 23, 2047
15 Hayes Lane 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 1981 and is 43 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15 Hayes Lane has 1,132 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 12,530 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15 Hayes Lane was last sold in Jan 1, 1970 for $781,000. According to our calculations, that's $689.93 per sqft. Current property owners are expected to pay $11,466 in taxes per year. The property on 15 Hayes Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $882,000. To break that down further, the land itself was valued at $576,000. While improvements to the property were assessed at a total of $306,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Driveway

Driveway

Condition

Sloped Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Split foyer
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 352
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,530
  • Total Building Area: 1,132
  • Gross Building Area: 2,554
  • Building Area: 1,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,132
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MERO ALTIN
  • Previous Owner : JOY WONG T 2008
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358500

Zoning

  • Zoning: RO

Geography

  • Parcel: LEXI M:0048 L:00216D
  • Lot: 216D
  • Municipality: LEXINGTON
  • Latitude: 42.4476
  • Longitude: -71.2204

    Address

  • Full Address: 15 Hayes Ln
  • Address - House Number: 15
  • Address - Street Name: Hayes
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lexington
  • Carrier Code: C016
  • 4-Digit Zip Code: 3703
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,466

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,148,129
  • High Value: 1,351,959
  • Low Value: 944,298

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $582,500
  • First Open Lien Mortgage Lender: STEARNS LENDING INC
  • First Open Lien Mortgage Recording Date: Jun 23, 2017
  • First Open Lien Mortgage Loan Amount: $300,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 23, 2047
  • Second Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • Second Open Lien Mortgage Recording Date: Sep 16, 2020
  • Second Open Lien Mortgage Loan Amount: $282,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $882,000
  • Assessed Land Value: $576,000
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Transaction ID: 1589191015
  • Current Sale Price: $781,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 95979

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING INC
  • First Mortgage Transaction Date: Jun 23, 2017
  • First Mortgage Loan Amount: $300,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 23, 2047

About Lexington Town Center



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Frequently Asked Questions

What neighborhood is 15 Hayes Lane located in?
The 15 Hayes Lane is a located in the neighborhood of Lexington Town Center in Lexington Town Center, Lexington.
What is the average sales price for listings in 15 Hayes Lane?
The average sales price for units in 15 Hayes Lane is $0 currently.

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