40 Summer St
Lee, MA 01238
3 bd 2 ba 792 sqft Built 1880 Lot 42,689 sqft single_family
Most recent sale
$187,500
Sep 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 7, 2022 | Sold | $187,500 | MLS #237941 |
| Jun 15, 2022 | Listed | $199,000 | MLS #237941 |
| May 31, 2017 | Listing removed | $149,900 | BerkshireCounty |
| Oct 12, 2016 | Listed | $149,900 | MLS #217273 |
| Jul 14, 1978 | Sold | $22,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $148,000 | $120,000 | $268,000 | $3,015 |
| 2024 | $140,200 | $114,400 | $254,600 | $2,862 |
| 2023 | $133,900 | $110,000 | $243,900 | $2,885 |
| 2022 | $102,700 | $103,500 | $206,200 | $2,815 |
| 2021 | $96,400 | $93,100 | $189,500 | $2,782 |
| 2020 | $87,700 | $87,000 | $174,700 | $2,565 |
| 2018 | $89,100 | $89,200 | $178,300 | $2,609 |
| 2017 | $86,300 | $76,200 | $162,500 | $2,392 |
| 2016 | $89,200 | $74,000 | $163,200 | $2,376 |
| 2015 | $89,200 | $74,000 | $163,200 | $2,298 |
| 2013 | $87,400 | $74,000 | $161,400 | $2,274 |
| 2006 | $85,200 | $61,700 | $146,900 | $1,967 |
| 2005 | $75,700 | $61,700 | $137,400 | $1,940 |
| 2004 | $65,800 | $52,200 | $118,000 | $1,857 |
| 2002 | $60,500 | $52,300 | $112,800 | $1,748 |
Property facts
Year built
1880
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
792 sqft
Lot size
42,689 sqft
ZIP code
01238
City
Lee
Street
Summer St
Coordinates
42.31148, -73.25630
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,125
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Summer St last sell?
40 Summer St most recently sold on Sep 7, 2022 for $187,500.
What is the current tax assessment for 40 Summer St?
The most recent total assessment for 40 Summer St (year 2025) is $268,000 with $3,015 in property tax.
How does 40 Summer St's assessment compare to its last sale price?
The current assessment is 42.9% above the last sale price of $187,500.
When was 40 Summer St built?
40 Summer St was built in 1880.
How does 40 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 40 Summer St?
40 Summer St is a 3 bed, 2 bath, 792 sqft, 42,689 sqft lot single_family.
Is 40 Summer St a flip candidate?
No — 40 Summer St does not appear in our flips dataset.
Is 40 Summer St a tax-appeal candidate?
No — 40 Summer St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.2%
2026 Q1
$600.4K
2026 Q2
$621.5K
ZIP 01238 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summer St