40 Marrett Rd
Lexington, MA 02421
3 bd 2 ba 1,919 sqft Built 1957 Lot 28,314 sqft single_family
Most recent sale
$915,012
Nov 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 4, 2025 | Listing removed | $5,000 | MLSPIN |
| Oct 27, 2025 | Listed for rent | $5,000 | MLSPIN |
| Jun 17, 2024 | Listing removed | $5,000 | MLSPIN |
| May 30, 2024 | Listed for rent | $5,000 | MLSPIN |
| Aug 1, 2023 | Listing removed | $4,800 | MLSPIN |
| Jun 8, 2023 | Listed for rent | $4,800 | MLSPIN |
| Feb 18, 2022 | Listing removed | $4,400 | MLSPIN |
| Feb 12, 2022 | Listing removed | $4,400 | MLSPIN |
| Jan 21, 2022 | Listed for rent | $4,400 | MLSPIN |
| Nov 15, 2021 | Sold | $915,012 | MLS #72908510 |
| Oct 14, 2021 | Listed | $650,000 | MLS #72908510 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $374,000 | $789,000 | $1,163,000 | $14,223 |
| 2024 | $373,000 | $751,000 | $1,124,000 | $13,769 |
| 2023 | $348,000 | $683,000 | $1,031,000 | $13,403 |
| 2022 | $302,000 | $621,000 | $923,000 | $12,737 |
| 2021 | $277,000 | $566,000 | $843,000 | $12,131 |
| 2020 | $264,000 | $566,000 | $830,000 | $11,662 |
| 2019 | $238,000 | $539,000 | $777,000 | $10,971 |
| 2018 | $231,000 | $513,000 | $744,000 | $10,639 |
| 2017 | $195,000 | $502,000 | $697,000 | $10,100 |
| 2016 | $182,000 | $452,000 | $634,000 | $9,256 |
| 2015 | $169,000 | $411,000 | $580,000 | $8,619 |
| 2014 | $166,000 | $373,000 | $539,000 | $8,360 |
| 2006 | $155,000 | $396,000 | $551,000 | $6,122 |
| 2005 | $165,000 | $350,000 | $515,000 | $5,840 |
| 2004 | $163,000 | $352,000 | $515,000 | $5,392 |
| 2003 | $141,000 | $299,000 | $440,000 | $4,818 |
Property facts
Year built
1957
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,919 sqft
Lot size
28,314 sqft
ZIP code
02421
City
Lexington
Street
Marrett Rd
Coordinates
42.43541, -71.21492
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,565
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Marrett Rd last sell?
40 Marrett Rd most recently sold on Nov 15, 2021 for $915,012.
What is the current tax assessment for 40 Marrett Rd?
The most recent total assessment for 40 Marrett Rd (year 2025) is $1,163,000 with $14,223 in property tax.
How does 40 Marrett Rd's assessment compare to its last sale price?
The current assessment is 27.1% above the last sale price of $915,012.
When was 40 Marrett Rd built?
40 Marrett Rd was built in 1957.
How does 40 Marrett Rd compare to others on Marrett Rd?
We track 8 other properties on Marrett Rd. Browse the list under "Other properties on Marrett Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Marrett Rd?
40 Marrett Rd is a 3 bed, 2 bath, 1,919 sqft, 28,314 sqft lot single_family.
Is 40 Marrett Rd a flip candidate?
No — 40 Marrett Rd does not appear in our flips dataset.
Is 40 Marrett Rd a tax-appeal candidate?
Yes — 40 Marrett Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q1
$2.69M
2026 Q2
$2.76M
ZIP 02421 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Marrett Rd