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Single Family ResidenceResidential
$1,620,781$564 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $1,480,000 on Apr 29, 2024

40 REED ST

LEXINGTON, MA 02421
3
Beds
3.5
Baths
2,874 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1927
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
11
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.6M
$1.6M low$1.7M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,480,000 · Apr 29, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$16,926 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,384,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$684,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$700,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,383,675

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMIDDLESEX
Lot (acres)The size of the land the home sits on, from county records.0.28
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(15)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
William Diamond Middle SchoolA+
Middle · Grades 6–8 · 0.7 mi
H
Lexingon High SchoolA+
High · Grades 9–12 · 1.2 mi
E
Joseph Estabrook Elementary SchoolA+
Elementary · Grades KG–5 · 1.3 mi

District: Lexington School District

Neighborhood · ZIP 02421These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.59
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.80

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.18,851
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,009 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$178,785
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$233,901
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Reed St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 90% of homes in Middlesex County
  • Costs less per square foot than 84% of homes in Lexington 02421
  • Bigger than 83% of homes in Middlesex County
  • Has a smaller lot than 66% of homes in Lexington 02421
  • Older than 84% of homes in Lexington 02421

What homes are worth in Lexington 02421

Each bar is how many homes fall in that price range. The marker is this home.

This home
$783K$3.3M

This home is worth more than 57% of homes in Lexington 02421.

How it measures up in Lexington 02421

The dot is this home. The mark in the middle is the typical home in Lexington 02421.

Estimated value$1,620,781
CheaperTypical $1,506,643Pricier

Pricier than 57% of homes nearby

Price per ft²$564
CheaperTypical $676Pricier

Pricier than 16% of homes nearby

Living area2,874 ft²
SmallerTypical 2,213 ft²Bigger

Bigger than 70% of homes nearby

Lot size0.28 ac
SmallerTypical 0.36 acBigger

Bigger than 34% of homes nearby

Year built1927
OlderTypical 1958Newer

Newer than 16% of homes nearby

How 40 Reed St ranks against every home in each area.
MeasureThis homeLexington 02421Middlesex County
Estimated valuepricier than$1,620,78157% of homes90% of homes
Price per ft²pricier than$56416% of homes71% of homes
Living areabigger than2,874 ft²70% of homes83% of homes
Lot sizebigger than0.28 ac34% of homes48% of homes
Year builtnewer than192716% of homes29% of homes

About 40 Reed St

How much is 40 Reed St, Lexington, MA worth?

The TopHap Estimate for 40 Reed St, Lexington, MA is $1,620,781 as of Sep 24, 2026. The likely range is $1,562,790 to $1,678,772. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Reed St, Lexington, MA last sell?

40 Reed St, Lexington, MA last sold on Apr 29, 2024 for $1,480,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 40 Reed St, Lexington, MA?

40 Reed St, Lexington, MA has 3 bedrooms, 3.5 bathrooms, 2,874 square feet of living space and a 0.28-acre lot.

When was 40 Reed St, Lexington, MA built?

40 Reed St, Lexington, MA was built in 1927, making it 99 years old. It is a colonial home. The building has 2 stories.

What schools serve 40 Reed St, Lexington, MA?

40 Reed St, Lexington, MA is assigned to William Diamond Middle School (middle), rated A+; Lexingon High School (high), rated A+; Joseph Estabrook Elementary School (elementary), rated A+. All sit in Lexington School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Reed St, Lexington, MA compare to other homes in Lexington 02421?

Among the 5,257 homes in Lexington 02421, it is worth more than 57% of them ($1,620,781 against a typical $1,506,643), its price per square foot is higher than 16% of them ($564 against a typical $676), it is bigger than 70% of them (2,874 ft² against a typical 2,213 ft²), its lot is bigger than 34% of them (0.28 ac against a typical 0.36 ac) and it is newer than 16% of them (1927 against a typical 1958). Measured against all of Middlesex County, it is worth more than 90% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Reed St, Lexington, MA?

The 2025 property tax bill for 40 Reed St, Lexington, MA was $16,926. The county assessed it at $1,384,000.

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