7 Locust Ave, Lexington, MA, 02421 | $2,450,000

Just imagine waking up on Follen Hill. Custom built in 2005 to evoke a turn-of-century Boston brownstone - turned bannister, oversized windows, exquisite molding around every window, door, and ceiling. Five bedrooms, four and a half baths, three finished floors. Double pocket doors open the formal living and dining rooms to a fireplaced family room. A chef's kitchen with oversized island, walk-in pantry, double ovens, built-in refrigerator, gas range with griddle. French doors and sliders open to a covered bluestone patio - the room you entertain in doubles when the weather agrees. The primary suite has a fireplace, walk-in closet, and spa bath. The second floor adds an en-suite second bedroom as well. The third floor has a play room, a large office, and a fifth bedroom. Moments from Lexington Center, Battle Green, and the Minuteman Bikeway. Bowman Elementary. Now imagine the dining room set for ten, pocket doors open, fire lit. This is not a starter home. This is the home you stop at.

Features

  • Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Second Floor
  • Style: Colonial
  • Year Built: 2005
  • Basement: Full, Interior Entry, Sump Pump, Radon Remediation System, Concrete
  • Approx Sq. Feet: 4,234
  • Acreage: 0.18
  • Est. Taxes: $28,582
  • Lot Desc: Other
  • Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood
  • MLS#: 73529274
  • Website: https://www.raveis.com
    /eprop/73529274/7locustave_lexington_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Eric Rollo courtesy of The Agency Boston   Phone: 617-420-9033

Room Information

Type Level
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 Second
Dining Room First
Kitchen First
Living Room First
Master Bedroom Second

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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7 Locust Ave, Lexington, MA, 02421

$2,450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,960,000 $1,960,000 $1,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $2,382 $2,382 $2,382
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,129 $12,068 $16,540
Total Monthly Payment $13,636 $14,575 $19,047

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.