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197 Cedar St

Lexington, MA 02421

6 bd 6 ba 6,000 sqft Built 2022 Lot 13,068 sqft single_family
Most recent sale
$2,730,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $2,730,000 MLS #72934029
Jan 14, 2022 Listed $2,779,000 MLS #72934029

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,230,000 $850,000 $3,080,000 $37,668
2024 $2,176,000 $809,000 $2,985,000 $36,566
2023 $1,892,000 $736,000 $2,628,000 $34,164
2022 $134,000 $543,000 $677,000 $9,343
2021 $251,000 $517,000 $768,000 $11,052
2020 $239,000 $517,000 $756,000 $10,622
2019 $222,000 $492,000 $714,000 $10,082
2018 $208,000 $469,000 $677,000 $9,681
2017 $236,000 $433,000 $669,000 $9,694
2016 $242,000 $412,000 $654,000 $9,548
2015 $218,000 $375,000 $593,000 $8,812
2014 $173,000 $333,000 $506,000 $7,848
2006 $152,000 $352,000 $504,000 $5,599
2005 $157,000 $314,000 $471,000 $5,341
2004 $176,000 $285,000 $461,000 $4,827
2003 $153,000 $248,000 $401,000 $4,391

Property facts

Year built
2022
Property type
single_family
Stories
Beds
6
Baths
6
Living area
6,000 sqft
Lot size
13,068 sqft
ZIP code
02421
City
Lexington
Street
Cedar St
Coordinates
42.45664, -71.25028

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,400
Gross rental yield
7.65%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 197 Cedar St last sell?
197 Cedar St most recently sold on Mar 15, 2022 for $2,730,000.
What is the current tax assessment for 197 Cedar St?
The most recent total assessment for 197 Cedar St (year 2025) is $3,080,000 with $37,668 in property tax.
How does 197 Cedar St's assessment compare to its last sale price?
The current assessment is 12.8% above the last sale price of $2,730,000.
When was 197 Cedar St built?
197 Cedar St was built in 2022.
How does 197 Cedar St compare to others on Cedar St?
We track 8 other properties on Cedar St. Browse the list under "Other properties on Cedar St" to compare beds, baths, and sale history.
What are the property facts for 197 Cedar St?
197 Cedar St is a 6 bed, 6 bath, 6,000 sqft, 13,068 sqft lot single_family.
Is 197 Cedar St a flip candidate?
No — 197 Cedar St does not appear in our flips dataset.
Is 197 Cedar St a tax-appeal candidate?
No — 197 Cedar St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q1
$2.69M
2026 Q2
$2.76M
ZIP 02421 — Median Price History + Forecast

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