1475 Massachusetts Ave # 463, Lexington MA 02420

Lexington, MA 02420
$590,000
Est. $4,103/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
1,138
Sq Ft
$518
Price/Sq Ft
1985
Year Built
2
Parking
90
Days on Market
For Sale Listed Jun 11, 2026 • MLS# 73534693 Copied! • Updated Sep 9, 2026

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About this home

LIMITED TIME OFFER: Seller Concession available on this Moderate Income Unit for allowable costs such as an interest rate buy-down, closing costs, or prepaids. CONVENIENCE: This prime location is just steps from Lexington Center, with its shops, restaurants, library, seasonal farmers’ market, and historic Battle Green. Getting around is easy thanks to the Lexpress shuttle with stops at or near Wilson Farm, Stop & Shop, Market Basket, Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs. Two MBTA bus routes, with stops conveniently located near the front of the building, go to Alewife Station on the Red Line for a seamless commute to Boston and Cambridge. The Minuteman Bikeway is close by for cycling, walking, or jogging, as well as access to the Across Lexington trail system. FEATURES: Take the elevator from the main entry for easy access to your top-floor retreat and step into this sun-filled 2-bedroom condo in one of Lexington's iconic schoolhouse conversions featuring a spiral staircase to a loft bedroom, an eat-in kitchen, and a glass slider that opens to a private deck. Families will also appreciate access to Lexington's renowned schools with year-round central enrollment. This turnkey home offers an exceptional value with a moderate $418 per month HOA fee in a solid, well-maintained building and one permanent parking space. Plenty of additional parking for a second car or guests has always been available. An on-site laundry room and bike storage add further convenience. PROGRAM DETAILS: Muzzey High Condominiums was developed by LexHAB and is administered by Regional Housing Service Office. RHSO limits the resale amount and buyer income ceilings. Resale value increases 5% annually based on the most recent sale price and closing date. The maximum resale value for 9/15/2026 is approximately $590,00. Household income ceilings increase annually, on 5/31/2026 they were $339,050 for one person, $387,901 for two people, and $402,440 for three people. The unit cannot be used as an investment property.

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Property History

Market Insights

1
Price Changes
0.7%
Price Range

Property Timeline

Price Increased
Sep 4, 2026
$590,000 +$4,000 (+0.68%)
From $586,000 to $590,000 (+0.7%)
🏠
Listed for Sale
Jun 11, 2026
$590,000
Original listing
Agent: Andrew Dixon Office: MA Properties
🏠
Listed for Sale
Jun 11, 2026
$586,000
Original listing
Agent: Andrew Dixon Office: MA Properties

Tax History

Year Taxes Assessment
2025 $6,020 $492,265

Financial Details

Annual Property Tax
$6,020
Tax Year 2025
HOA Fee
$418
Monthly
Assessed Value
$492,265

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,138 sq ft
Stories 2
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,020
Assessed Value $492,265

HOA & Community

HOA Fee $418 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Elevator(s)
Optional Fee Includes None
Pets No
Lead Paint None
Seller Disclosures Rhso To Determine Maximum Resale Value Based On Sale Date. Household Income Restrictions As Of 5/31/2026: (1 Person) $339, 050, (2) $387, 901 (3) $402, 440. Rhso Will Calculate This When Appropriate.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 463
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 42 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
1
Living Area
1,138 sq ft
Total Rooms
4
Stories
2
Entry Level
4

Floor Layout

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Mid-Rise
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $502
Homeowners Insurance $200
HOA Fee $418/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1475 Massachusetts Ave # 463, Lexington MA 02420

Lexington, MA 02420

Listing Information

Listing Agent Andrew Dixon
Listing Office MA Properties
Office Phone 844-962-7767
Agent MLS ID BB804203
Office MLS ID AN6342
Listing Data Updated Sep 9, 2026 5:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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