Designed by and for Bauhaus architect and historian, H. Morse Payne, The Architects Collaborative of Cambridge (TAC), this modernist Five Fields classic has been lovingly updated. Four bedrooms; Two-and-a-half baths; walls of double-paned glass overlooking lush 27,000 square foot lot backing up to common area with pool and skating pond; partially finished walk-out basement; sited discreetly on lot. Central air. Open floor plan living with separate bedroom wing.
Single-familyProperty Type
1957Year Built
0.63 acresLot Size
$790Est. Price/Sq.Ft.
5 spacesParking
Listed by The Janovitz-Tse Team• Hammond Residential
Bought with Christine Pomer• Coldwell Banker Residential Brokerage - Lexington
COUNTRY LIVING IN FIVE FIELDS STYLISH CONTEMPORARY HOME, DE- SIGNED & BUILT BY ARCH. MORSE PAYNE FOR HIMSELF. THE HOUSE IS UNIQUELY SITED, AWAY FROM THE ST., & OPENS ONTO COMMON LAND W/WALKING PATHS, POOL & PONDS. NEWER KITCHEN & BATHS.
Public Records
Aug 1, 1976
Sold
$88,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$16,471 (+2.3%)
$709,000 + $629,000
$1,338,000
2025
$16,095 (+6.3%)
$675,000 + $641,000
$1,316,000
2024
$15,141 (+4.9%)
$643,000 + $593,000
$1,236,000
2023
$14,430 (+8.8%)
$584,000 + $526,000
$1,110,000
2022
$13,262 (−0.3%)
$531,000 + $430,000
$961,000
2021
$13,296 (+0.5%)
$506,000 + $418,000
$924,000
2020
$13,235 (+3.9%)
$506,000 + $436,000
$942,000
2019
$12,736 (+2.4%)
$482,000 + $420,000
$902,000
2018
$12,441 (+8.1%)
$459,000 + $411,000
$870,000
2017
$11,505 (+4.0%)
$423,000 + $371,000
$794,000
2016
$11,067 (+11.1%)
$403,000 + $355,000
$758,000
2014
$9,957 (+3.5%)
$326,000 + $316,000
$642,000
2013
$9,622 (+6.4%)
$326,000 + $307,000
$633,000
2012
$9,042 (+4.0%)
$308,000 + $296,000
$604,000
2011
$8,698 (+3.9%)
$296,000 + $308,000
$604,000
2010
$8,371 (+4.1%)
$296,000 + $308,000
$604,000
2009
$8,041
$312,000 + $308,000
$620,000
Tax history for 502 Concord Ave
Year
Property tax
Land + Additions
Assessment*
2026
$16,471 (+2.3%)
$709,000 + $629,000
$1,338,000
2025
$16,095 (+6.3%)
$675,000 + $641,000
$1,316,000
2024
$15,141 (+4.9%)
$643,000 + $593,000
$1,236,000
2023
$14,430 (+8.8%)
$584,000 + $526,000
$1,110,000
2022
$13,262 (−0.3%)
$531,000 + $430,000
$961,000
2021
$13,296 (+0.5%)
$506,000 + $418,000
$924,000
2020
$13,235 (+3.9%)
$506,000 + $436,000
$942,000
2019
$12,736 (+2.4%)
$482,000 + $420,000
$902,000
2018
$12,441 (+8.1%)
$459,000 + $411,000
$870,000
2017
$11,505 (+4.0%)
$423,000 + $371,000
$794,000
2016
$11,067 (+11.1%)
$403,000 + $355,000
$758,000
2014
$9,957 (+3.5%)
$326,000 + $316,000
$642,000
2013
$9,622 (+6.4%)
$326,000 + $307,000
$633,000
2012
$9,042 (+4.0%)
$308,000 + $296,000
$604,000
2011
$8,698 (+3.9%)
$296,000 + $308,000
$604,000
2010
$8,371 (+4.1%)
$296,000 + $308,000
$604,000
2009
$8,041
$312,000 + $308,000
$620,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Lexington continues to be a competitive Seller's market driven by its historic appeal & location. With buildable land exhausted, true inventory growth is very constrained; development mostly replaces existing homes. New zoning laws will eventually...