40 Highland Rd
Somerville, MA 02144
5 bd 4 ba 2,765 sqft Built 1920 Lot 3,440 sqft multi_family
Most recent sale
$1,200,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $1,200,000 | MLS #72969507 |
| Jun 2, 2022 | Relisted | $1,399,000 | MLS #72969507 |
| May 29, 2022 | Listing removed | $1,399,000 | MLSPIN |
| Apr 21, 2022 | Listed | $1,399,000 | MLS #72969507 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $813,000 | $694,100 | $1,507,100 | $16,442 |
| 2024 | $707,800 | $694,100 | $1,401,900 | $14,748 |
| 2023 | $479,800 | $694,100 | $1,173,900 | $12,138 |
| 2022 | $461,300 | $661,000 | $1,122,300 | $11,425 |
| 2021 | $435,700 | $656,200 | $1,091,900 | $11,126 |
| 2020 | $410,200 | $656,600 | $1,066,800 | $10,764 |
| 2019 | $352,200 | $597,700 | $949,900 | $10,221 |
| 2018 | $298,900 | $543,400 | $842,300 | $9,526 |
| 2017 | $287,400 | $512,700 | $800,100 | $9,337 |
| 2016 | $261,800 | $457,800 | $719,600 | $9,017 |
| 2015 | $259,500 | $422,800 | $682,300 | $8,604 |
| 2014 | $238,700 | $370,400 | $609,100 | $7,711 |
| 2006 | $271,400 | $342,800 | $614,200 | $6,468 |
| 2005 | $264,100 | $298,300 | $562,400 | $6,046 |
| 2004 | $242,900 | $284,800 | $527,700 | $5,894 |
| 2003 | $196,600 | $192,100 | $388,700 | $4,843 |
Property facts
Year built
1920
Property type
multi_family
Stories
3
Beds
5
Baths
4
Living area
2,765 sqft
Lot size
3,440 sqft
ZIP code
02144
City
Somerville
Street
Highland Rd
Coordinates
42.39606, -71.11315
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,019
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Highland Rd last sell?
40 Highland Rd most recently sold on Jun 24, 2022 for $1,200,000.
What is the current tax assessment for 40 Highland Rd?
The most recent total assessment for 40 Highland Rd (year 2025) is $1,507,100 with $16,442 in property tax.
How does 40 Highland Rd's assessment compare to its last sale price?
The current assessment is 25.6% above the last sale price of $1,200,000.
When was 40 Highland Rd built?
40 Highland Rd was built in 1920.
How does 40 Highland Rd compare to others on Highland Rd?
We track 8 other properties on Highland Rd. Browse the list under "Other properties on Highland Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Highland Rd?
40 Highland Rd is a 5 bed, 4 bath, 2,765 sqft, 3,440 sqft lot multi_family.
Is 40 Highland Rd a flip candidate?
No — 40 Highland Rd does not appear in our flips dataset.
Is 40 Highland Rd a tax-appeal candidate?
Yes — 40 Highland 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$1.15M
2026 Q4
$1.15M
ZIP 02144 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Highland Rd