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40 Reed St

Lexington, MA 02421

3 bd 3 ba 3,127 sqft Built 1927 Lot 12,197 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $700,000 $684,000 $1,384,000 $16,926
2024 $722,000 $652,000 $1,374,000 $16,832
2023 $638,000 $592,000 $1,230,000 $15,990
2022 $645,000 $539,000 $1,184,000 $16,339
2021 $577,000 $513,000 $1,090,000 $15,685
2020 $565,000 $513,000 $1,078,000 $15,146
2019 $541,000 $488,000 $1,029,000 $14,529
2018 $531,000 $465,000 $996,000 $14,243
2017 $465,000 $429,000 $894,000 $12,954
2016 $388,000 $409,000 $797,000 $11,636
2015 $384,000 $372,000 $756,000 $11,234
2014 $370,000 $330,000 $700,000 $10,857
2006 $363,000 $340,000 $703,000 $7,810
2005 $348,000 $302,000 $650,000 $7,371
2004 $346,000 $273,000 $619,000 $6,481
2003 $263,000 $239,000 $502,000 $5,497

Property facts

Year built
1927
Property type
single_family
Stories
Beds
3
Baths
3
Living area
3,127 sqft
Lot size
12,197 sqft
ZIP code
02421
City
Lexington
Street
Reed St
Coordinates
42.45983, -71.24103

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 40 Reed St last sell?
No public-record sale is on file for 40 Reed St.
What is the current tax assessment for 40 Reed St?
The most recent total assessment for 40 Reed St (year 2025) is $1,384,000 with $16,926 in property tax.
When was 40 Reed St built?
40 Reed St was built in 1927.
How does 40 Reed St compare to others on Reed St?
We track 8 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 40 Reed St?
40 Reed St is a 3 bed, 3 bath, 3,127 sqft, 12,197 sqft lot single_family.
Is 40 Reed St a flip candidate?
No — 40 Reed St does not appear in our flips dataset.
Is 40 Reed St a tax-appeal candidate?
No — 40 Reed 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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