11

27 Independence Ave, Lexington

$1,150,000

About 27 Independence Ave, Lexington A Follen Hill beauty, this meticulously maintained and updated center-entrance Colonial is guaranteed to check off all the boxes for your family with a warm, inviting feel and an easy flow floor plan for comfortable living and entertaining. Enjoy a prime location only steps to public transportation, the Minuteman Bike Trail, and a short stroll to popular Wilson Farm. With so many recent updates, there is nothing to do but move right in. The entry foyer welcomes you with the traditional styling of a Colonial, offering the formal living room to the left and the dining room on the right. Decorative columns define the front-to-back living room, a wonderful place to entertain or simply hang out with the family while gathered around the wood burning fireplace. A coffered ceiling, recessed lighting, a wall of built-in shelving, and hardwood flooring add lots of charm to this inviting space. A French door opens to the versatile sunroom with walls of windows to let in lots of natural light. The sunroom works well as an office, playroom, exercise space, or use as desired. The heart of the home begins to unfold with the beautifully updated, open concept kitchen featuring quartz countertops, newer stainless-steel appliances, a farmhouse sink, tile backsplash, recessed and pendant lighting, newly refinished hardwood flooring, and lots of stylish white cabinetry for all your culinary supplies. A skylight, a large window above the sink, and double accent windows fill the kitchen with abundant natural light. The dining room opens seamlessly beneath a decorative arch, allowing the chef to put the finishing touches on dinner while interacting with guests. Share special meals in the formal dining room while admiring its gracious details including hardwood floors, crown molding, wainscoting, and a built-in corner cabinet. The kitchen and sunroom both offer easy access to the yard, an outdoor haven nestled by mature trees and plantings, featuring a deck and patio area with a built-in firepit for summertime entertainment. A half bathroom with beadboard wainscoting and a pedestal sink adds the finishing touch to the main level. The second level continues with the primary bedroom and two more generously sized family bedrooms, all full of natural light. The primary bedroom offers a walk-in closet, an additional double closet, hardwood floors, a ceiling fan, and easy access to the full bathroom. Comfort and style define the family bedrooms with hardwood floors and ample closet space. The second level bathroom offers a tiled tub with a shower, a pedestal sink, and a ceramic tile floor. The lower level was recently finished, adding more living space with an inviting family room, office, laundry room, and an additional full bathroom. Enjoy movie night cozied up in the family room or work from home in the private office. The full bathroom is beautifully done with a quartz-topped vanity and an oversized, tiled shower with a frameless glass door. The laundry room has a convenient sink and built-in cabinets, offering lots of additional storage. The lower level provides access to the single-car garage, which is best suited for storage. A true delight set in a highly sought-after neighborhood, this move-in ready home offers an ideal location for commuters with easy access to highway routes. A short stroll takes you to the bike path, conservation lands, Tower Park, and Wilson Farm, or take a longer walk to the town center to enjoy shopping and dining. I N FO R M AT IO N

Total Rooms: 9 Bedrooms: 3 Bathrooms: 2 Full, 1 Half Parking: 1 Car Garage, 4 Off Street Fireplaces: 1 Wood Burning Living Area: 2,002 Square Feet (Includes Finished Lower Level)

Year Built: 1948 Lot Size: 0.18 Acres Heat/Cool: Gas Fueled Forced Air/Central Air Taxes: $14,021 (2022) Grade School: School Board Middle School: Clarke MS High School: Lexington HS

FE AT U R ES

• • • • • • • • • •

Immaculately Maintained and Updated Colonial Desirable Follen Hill Neighborhood Kitchen Floor Refinished (2023) Kitchen Renovation (2021) Finished Lower Level and Added Bathroom (2021) Central Air (2021) Hardwood Floors Throughout Front-to-Back Living Room with Fireplace and Built-Ins Versatile Sunroom w/Walls of Windows/Exterior Access Private Yard with Deck and Patio with Built-In Firepit

• Beautifully Updated, Open Concept Kitchen with Quartz Counters, SS Appliances,Skylight, Farmer’s Sink, White Cabinetry, and Glass Paneled Door to Deck/Patio/Yard • Formal Dining Room w/Crown Molding and Cabinet • Recently Finished Lower Level with Family Room, Office, Laundry Room, & Additional Full Bathroom Featuring a Quartz Vanity & Tiled Shower with Frameless Glass Door • Short Stroll to Public Transportation and Bike Path • Walk to Popular Wilson Farm • Easy Access to Highway Routes

Floor Plan

Dimensions are Approximate. Actual May Vary.

Lexington Market Summary This is an analysis of the real estate market in Lexington. I N V ENTO RY

Inventory levels can be used to show us the ‘health’ of the real estate market in a town. If an inventory level graph shows seasonal fluctuations, then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

AV E R AG E H O M E P R IC E S

High demand leads to appreciating prices, and average home prices in many towns in Massachusetts are higher than we saw in the prior peak of the market in 2005-2006.

S A L ES D IS T R IB U T IO N

By reviewing the price distribution data for a given town you can get an overview of the price characteristics within that town. For example, if you had 1 million dollars to spend, and the price band data showed you that only 3% of homes sold each year were in the million-dollar price band then that tells you a totally different story than one where you can see that 60% of the homes sold were in this price range. Average prices can tell you a certain amount, but to see the spread of how many homes within a given price band compared to other price bands within the town tells you a significant story.

S A L E P R IC E TO LIS T PRIC E R AT IO

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town.

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period Jan 2001 through Dec 2022.

Property

School

Hospital

Swimming

Library

© Mapbox, © OpenStreetMap, Information on schools provided by greatschools.org 2023.

www.27Independence.com