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68 Lexington Avenue

68 Lexington Avenue, Cambridge, MA 02138
Property in Huron Village
Sold Nov 10, 2022
$2,700,000
$2,160,000 by Members Mortgage Company Inc
Mortgage Due Nov 10, 2052
Sold May 04, 2022
$2,450,000
$3,240,000 by Silicon Valley Bank
Mortgage
68 Lexington Avenue has been categorized by the local assessors in Cambridge, MA as a residential type of property. The building on the property was first built in 1916 and is 108 years old. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 68 Lexington Avenue has 3,589 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 5,306 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 covered garage for those who require parking. According to our sources, there are a total of 4 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with stone control joints. The building has a gambrel style roof made of slate. 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 gas. 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, 68 Lexington Avenue sold most recently in Nov 10, 2022 for a total of $2,700,000. If you work out the math, that's approximately a cost of $752.30 per sqft. Before that, the property was also sold for $2,450,000 in May 3, 2022. 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 $15,705 in taxes each year. 68 Lexington Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $2,652,900. If we break it down further, the land itself was valued at $1,083,600. Improvements to the property, however, were assessed at a total of $1,569,300. The property's total assessed value has been marked as more than the total market value 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. 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

Detached Garage
Off Street Parking

Outdoor Space

Garden

Condition

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

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Stone
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,116
  • Garage Type: Covered
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 5,306
  • Total Building Area: 3,589
  • Gross Building Area: 5,166
  • Building Area: 3,589
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,589
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.122
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : APP ZACHARY
  • Previous Owner : 68 LEXINGTON AVENUE LLC
  • Owner Before Previous Owner: BURD GREGORY S
  • Owner Before Previous Owner 2: BURD GINO FRANCESCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cambridge School District
  • Census Tract: 354200

Zoning

  • Zoning: B

Geography

  • Parcel: CAMB M:00247 L:00108
  • Lot: 108
  • Municipality: CAMBRIDGE
  • Latitude: 42.3779
  • Longitude: -71.1405

    Address

  • Full Address: 68 Lexington Ave
  • Address - House Number: 68
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Cambridge
  • Carrier Code: C029
  • 4-Digit Zip Code: 3337
  • Zip Code: 02138

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,705

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 1,895,000
  • High Value: 2,344,175
  • Low Value: 1,445,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,160,000
  • First Open Lien Mortgage Lender: MEMBERS MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Nov 10, 2022
  • First Open Lien Mortgage Loan Amount: $2,160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 10, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,652,900
  • Assessed Land Value: $1,083,600
  • Assessed Improvements Value: $1,569,300

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Transaction ID: 11898794905
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1926909
  • Previous Sale Recording Date: May 04, 2022
  • Previous Sale Contract Date: May 03, 2022
  • Previous Sale Amount: $2,450,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: MEMBERS MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Nov 10, 2022
  • First Mortgage Loan Amount: $2,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: SILICON VALLEY BANK
  • Previous Mortgage Transaction Date: May 04, 2022
  • Previous Mortgage Loan Amount: $3,240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About West Cambridge



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Frequently Asked Questions

What neighborhood is 68 Lexington Avenue located in?
The 68 Lexington Avenue is a located in the neighborhood of Huron Village in West Cambridge, Cambridge.
What is the average sales price for listings in 68 Lexington Avenue?
The average sales price for units in 68 Lexington Avenue is $0 currently.

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