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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
Sold in 74 days
24 Colony Rd
Lexington, MA 02420
3 Beds
4 Baths
3,466 ft2
Sold for
$1,245,000 Estimate:
Estimated Payment:$4,694/mo

ENJOY PEACE OF MIND AND LOCATION from this lovely, renovated and updated Meriam Hill Colonial! Boasting new (er) Gourmet Kitchen with Cathedral Ceilings, Skylights, pantry style Custom Cabinetry & Granite Countertops

The Granite Breakfast Bar and Large Kitchen Dining Area lead directly to the rear Bluestone Patio and yard. The Family Room with Custom Shelves and Storage also connects to the patio and back yard. Upstairs, expect to be impressed by the Cathedral Ceilinged Master; complete with large Walk-in Closet, Dressing Room / Office and luxurious Master Bath w tiled shower and Quartz Double Vanity. Hardwood throughout most of 1st and 2nd floors with replacement windows, surround sound speakers in Living Room and Kitchen and newer Domestic Hot Water Tank. A short walk to Fiske Elementary, Diamond Middle, Conservation and Town Center... this home is truly special!

Property type
Single Family Home
Year built
5Driveway - Pavers, Off Street
Lot Size
10890 sqft
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My Home Features


Bedrooms: 3 | Room Types: Family Room - Closet/Cabinets - Custom Built, Hardwood Floors in Family Room, Family Room - French Doors, Family Room - Exterior Access, Family Room - Recessed Lighting, Family Room - Remodeled, Study / Office | Basement: true, Full, Finished - Partial, Interior Access, Bulkhead, Concrete Floor


# of Full Bathrooms: 3
# of Half Bathrooms: 1


Features: Sump Pump, Screens, Living Room - Fireplace


Features: Patio, Gutters, Stone Wall


Property Types: Single Family Home | Year Built: 1947 | Architecture: Colonial | Construction: Frame | Roof: Asphalt/Fiberglass Shingles | Siding: Clapboard, Wood | Foundation: Concrete Block | Floors: Tile, Laminate, Hardwood | Windows: Insulated

Garage & Parking

Parking: Driveway - Pavers, Off Street, 5 | Garage: Garage Door Opener


Lot size: 0.25 acres | Lot size: 10890 sqft | Zoning: RO


County: Middlesex | Neighborhood: Merriam Hill | Directions: Grant St to Colony Rd. 24 is on the right. | MLS #: 72492494


Appliances: Range, Wall Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washing Machine, Dryer, Water Heater - Tank

Heating & Cooling

Air Conditioning: Central Air | Heating: Steam or Hot Water Heating, Oil | Fireplaces: 1

Utilities & Security

Utilities: Electricity - 200 Amps, Cable - Available / In Street, Connection for Gas Range, Connection for Electric Oven, Connection for Electric Dryer, Connection for Washer Hookup, Connection for Icemaker Connection | Sewer Service: City/Town Sewer | Water Source: Public Supply


Elementary School: TBD | Middle School: TBD | High School: LHS Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Amie Pettengill 

Listing courtesy of: Coldwell Banker Residential Brokerage - Lexington |  (781) 862-2600 

MLS Property Information Network

Tools for buyers

Data provided by: MLS Property Information Network
Last detected update: July 15, 2019 08:49AM EST ~ Verified on November 15, 2019 06:19AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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