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53 Ledgelawn Avenue

53 Ledgelawn Avenue, Lexington, MA 02420
Property in North Lexington
Sold Dec 11, 2020
$1,125,000
$690,000 by Leader Bank Na
Mortgage Due Dec 11, 2050
Sold Nov 06, 1992
$292,000
$200,000 by Independence One Mtg
Mortgage
53 Ledgelawn Avenue 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 1948 and is 76 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 53 Ledgelawn Avenue has 2,256 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 7,630 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. The inside of the home is being cooled with air conditioning at the moment. 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, 53 Ledgelawn Avenue was last sold in Dec 2, 2020 for $1,125,000. According to our calculations, that's $498.67 per sqft. Prior to that sales transaction, the property was sold for $292,000 in Jan 1, 1970. Current property owners are expected to pay $13,325 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 53 Ledgelawn Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,025,000. To break that down further, the land itself was valued at $582,000. While improvements to the property were assessed at a total of $443,000. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Outdoor Space

Garden

Parking

Attached Garage
Off Street Parking
Tandem Parking

Facilities

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

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Cape Cod
  • 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: 768
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,630
  • Total Building Area: 2,256
  • Gross Building Area: 3,924
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,256
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROLNICK ITAI J
  • Current Owner 2: ROLNICK LIAT
  • Previous Owner : NEWMARK AMY J
  • Previous Owner 2: HEINGARTNER ROBERT W
  • Owner Before Previous Owner: DESPO NICHOLAS
  • Owner Before Previous Owner 2: OSHEA CHRISTINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358600

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0071 L:000004
  • Lot: 4
  • Municipality: LEXINGTON
  • Latitude: 42.4612
  • Longitude: -71.2335

    Address

  • Full Address: 53 Ledgelawn Ave
  • Address - House Number: 53
  • Address - Street Name: Ledgelawn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lexington
  • Carrier Code: C026
  • 4-Digit Zip Code: 3448
  • Zip Code: 02420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,325
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,539,246
  • High Value: 1,888,413
  • Low Value: 1,190,080

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Loan Amount: $690,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 11, 2050
  • Second Open Lien Mortgage Lender: LEADER BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 11, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $185,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 11, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,025,000
  • Assessed Land Value: $582,000
  • Assessed Improvements Value: $443,000

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11807645225
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 236239
  • Previous Sale Recording Date: Nov 06, 1992
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $690,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENCE ONE MTG
  • Previous Mortgage Transaction Date: Nov 06, 1992
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About North Lexington



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Frequently Asked Questions

What neighborhood is 53 Ledgelawn Avenue located in?
The 53 Ledgelawn Avenue is a located in the neighborhood of North Lexington in North Lexington, Lexington.
What is the average sales price for listings in 53 Ledgelawn Avenue?
The average sales price for units in 53 Ledgelawn Avenue is $0 currently.

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