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27 Summer Street

27 Summer Street, Lexington, MA 02420
Property in East Lexington
Sold Sep 28, 2017
$1,200,000
$700,000 by Wells Fargo Bank Na
Mortgage Due Sep 28, 2047
Sold Mar 01, 2010
$860,000
$688,000 by Bank Of America
Mortgage
Local assessors in Lexington, MA have categorized 27 Summer Street as a residential type of property. The home was built in 2006 and is 18 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 27 Summer Street has a total of 3,179 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a shed style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 27 Summer Street sold most recently in Jan 1, 1970 for a total of $1,200,000. If you work out the math, that's approximately a cost of $377.48 per sqft. Before that, the property was also sold for $860,000 in Jan 1, 1970. 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 $18,239 in taxes each year. 27 Summer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,403,000. Improvements to the property, however, were assessed at a total of $1,403,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Shed
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 992
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 3,179
  • Gross Building Area: 5,790
  • Building Area: 3,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,179
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOTTISH GLEN CONDO
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : FAN TAO
  • Current Owner 2: DENG LI
  • Previous Owner : YU XIAO XIANNGGUANG
  • Previous Owner 2: YU WEI
  • Owner Before Previous Owner: RYDING NEIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0028 L:0080-4
  • Lot: 80-4
  • Municipality: LEXINGTON
  • Latitude: 42.4346
  • Longitude: -71.1875

    Address

  • Full Address: 27 Summer St
  • Address - House Number: 27
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lexington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2813
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,239

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,606,908
  • High Value: 1,894,590
  • Low Value: 1,319,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 28, 2017
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,403,000
  • Assessed Improvements Value: $1,403,000

    Sales

  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Transaction ID: 1736731957
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 157278
  • Previous Sale Recording Date: Mar 01, 2010
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 28, 2017
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 28, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Mar 01, 2010
  • Previous Mortgage Loan Amount: $688,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Lexington



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Frequently Asked Questions

What neighborhood is 27 Summer Street located in?
The 27 Summer Street is a located in the neighborhood of East Lexington in East Lexington, Lexington.
What is the average sales price for listings in 27 Summer Street?
The average sales price for units in 27 Summer Street is $0 currently.

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