1475 Massachusetts Ave # 463, Lexington MA 02420

Lexington, MA 02420
$586,000
$560,000
Est. $3,951/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.

Adjust the payment calculator
2
Beds
1
Baths
1,138
Sq Ft
$492
Price/Sq Ft
1985
Year Built
2
Parking
130
Days on Market
For Sale Price Drop -$26,000 Listed Jun 11, 2026 • MLS# 73534693 Copied! • Updated Oct 19, 2026

Track this home for price, status, and open-house alerts.

About this home

One of the very few ever available affordable and moderate-income Lexington condominiums puts you in a prime Lexington Center location, one of the area’s most desirable places to live. The owner will consider allowable seller concessions for an interest rate buy-down, closing costs, or prepaids to help make homeownership more affordable.   CONVENIENCE: Everything you need is right outside your door. Stroll to Lexington Center for shops, restaurants, the library, the seasonal farmers’ market, and the historic Battle Green. The Lexpress shuttle, stoping directly across the street, takes you to Wilson Farm, Stop & Shop, Market Basket, the Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs, while two MBTA commuter bus routes also with stops directly across from building link you directly to Alewife Station and the Red Line for an easy ride into Boston and Cambridge. Prefer to stay active? The Minuteman Bikeway and the Across Lexington trail system are close by for biking, walking, and jogging.   FEATURES: Ride the elevator up to your top-floor corner unit retreat in one of Lexington’s most iconic schoolhouse conversions. This sun-filled 2-bedroom condo features a spiral staircase to a loft bedroom, an eat-in kitchen, large bath and a glass slider to your private outdoor deck. Move right in and enjoy exceptional value in a well-maintained building with one permanent parking space, with extra spots for a second car or guests always available. On-site laundry and bike storage make daily life easier, and families can look forward to Lexington’s renowned schools with year-round central enrollment.  DETAILS: Muzzey High Condominiums, developed by LexHAB offers one of the only affordable path to home ownership in Lexington. To keep affordable LexHab limits both the resale price and buyer household income, increased annually. The resale value grows 5% per year from the most recent sale price and today this would be approximately $600,000 and as of 5/31/2026 income ceilings are high at $339,050 (1 person), $387,901 (2 people), and $402,440 (3 people). These are owner-occupied condominiums with short approved exceptions to the rental prohibition for approved reasons; a residential, not investment condo, good for families, singles, retirees and those who want a residential lifestyle.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

2
Price Changes
5.1%
Price Range

Property Timeline

↓
Price Reduced
Oct 15, 2026
$560,000 $30,000 (-5.08%)
From $590,000 to $560,000 (-5.1%)
↑
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
Down Payment Resource Eligible
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) 82 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

Utilities & Systems

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
$0
After down payment
Total Interest
$0
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
$0/mo
+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

Loading map...

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 Oct 19, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lexington, MA

Real-time market trends and pricing data for this area

Loading market insights for Lexington.