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40 Cedar St # 1L, Somerville MA 02143

Somerville, MA 02143
$4,450
Est. $223/month
3
Beds
2
Baths
1,200
Sq Ft
$4
Price/Sq Ft
4,792
Lot Sq Ft
90
Days on Market
Active Price Drop -$50 Listed Mar 9, 2026 • MLS# 73484118 Copied!

About this home

Only 2 months due up front. Available for lease beginning 9/1/2026 This nearly 1,200 SqFt 3 bedroom, 2 bathroom unit has been renovated. Updates include a newer kitchen with white shaker cabinets, granite countertops, and stainless appliances, beautiful, modern bathrooms, gleaming hardwood floors throughout, high quality lighting, and in-unit laundry. Each of the three bedrooms are large and all have great sized closets. This apartment really has it all and the building is just a few minutes walk to Porter Square. No dogs. First Month’s rent deposit due with application. Security Deposit due within 3 business days if approved.

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Public Records

Current Owner

Owner RCG CEDAR SMITH LLC
Mailing Address 17 IVALOO ST #100, SOMERVILLE, MA, 02143

Land Use

Use Code 1110
Description N/A
Zoning NR
Style 3-Decker-Apts

Tax Information

Assessed Value $3,086,100
Tax Rate $10.52 per $1,000
Base Tax $32,466
CPA Surcharge 1.5% ($471)
Estimated Annual Tax $32,937

Assessment History

Year Land Building Total Change
FY2025 $780,100 $2,306,000 $3,086,100

Sale History

Date Price Book/Page
Dec 28, 2012 $3,093,633 60841/0550

Building Permit History

Issued Type / Work Status Value
Sep 21, 2021 Electrical Permit
Residential
Service Reinspection
By Nikolas Mantalvanos
#9070163
Open $60
Apr 1, 2019 Gas Fitting
Residential - Existing
Gas company red tagged appliance
#5131216
Open $60
Oct 2, 2016 Certificate of Inspection
Residential
Certificate of inspection
#3057240
Open $100
May 4, 2016 Gas Fitting
Residential - Existing
replace kit stove
#2779531
Open $60
May 4, 2016 Plumbing Permit
Residential - Existing
renovate kit and bath with new laundry and new bath
#2779528
Open $130
May 4, 2016 Electrical Permit
Residential
Wire Kitchen Bath and Laundry add Bedroom Lights misc.plugs and smokes and carbons
By Nikolas Mantalvanos
#2778280
Closed $198
Apr 27, 2016 Building Permit
Residential Repair
add new bath room in front of house as it shows on plan build a new wall between kitchen and room to create smaller kitchen make new…
By Frank Barbosa
#2730654
Closed $1,226
Apr 25, 2016 Electrical Permit
Residential
Upgrade Service from 200 to 400
By Nikolas Mantalvanos
#2762645
Closed $375
Dec 27, 2015 Electrical Permit
Residential
wire new kitchen, bathroom, study, and install 60 amp 20 circuit sub panel
By Danny Resendes
#2526337
Closed $172
Dec 22, 2015 Plumbing Permit
Residential - Existing
bathroom, laundry, kitchen
#2524980
Open $110
Dec 21, 2015 Gas Fitting
Residential - Existing
gas stove replacement
#2525057
Open $60
Dec 16, 2015 Building Permit
Commercial Alteration
build new bathroom in front of house. build wall between existing kitchen to make a smaller kitchen and to make a study beside it new…
By Frank Barbosa
#2485616
Closed $962
Data: City of Somerville Open Data (data.somervillema.gov)

Municipal Context: SOMERVILLE

Median Home Value $785,000
Avg SF Tax Bill $6,700
Residential Tax Rate $10.52/1000
CPA Surcharge 1.5%
County Middlesex

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 11,066 1,200
Match: address_exact (90.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Apartment
Listing Type
For Rent
Bedrooms
3
Full Bathrooms
2
Living Area
1,200 sq ft
Total Rooms
7
Entry Level
1

Facts & Features

Home Facts

Type Residential Lease
Style Apartment
Living Area 1,200 sq ft
Lot Size 4,792 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 7

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

No financial details available

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry: In Unit
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

40 Cedar St # 1L, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
< 0.1 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
0.3 mi
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.1 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.1 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.4 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.4 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.5 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
0.9 mi
Grades PK-K
Capuano Early Childhood Center
1.5 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.0 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
1.0 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.0 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2
Price Changes
1.1%
Price Range

Property Timeline

Price Reduced
May 29, 2026
$4,450 $25 (-0.56%)
From $4,475 to $4,450 (-0.6%)
Price Reduced
May 18, 2026
$4,475 $25 (-0.56%)
From $4,500 to $4,475 (-0.6%)
🏠
Listed for Sale
Mar 9, 2026
$4,500
Original listing
Agent: Obadiah Arthur Office: Thomas N. Margulis

Price & Status History

Date Event Price Change
May 29, 2026 Price Changed $4,450 -$25
May 18, 2026 Price Changed $4,475 -$25
Mar 9, 2026 New Listing Added $4,500

Market Statistics

Days on Market
90 days
Price per Sq Ft
$4
Total Price Drop
-$50

Tax History

Year Taxes Assessment
Tax history not available

Listing Information

Listing Agent Obadiah Arthur
Listing Office Thomas N. Margulis
Agent MLS ID CN211560
Office MLS ID AN8219
Listing Data Updated Jun 2, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

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40 Cedar St # 1L, Somerville MA 02143 - Photo 1 40 Cedar St # 1L, Somerville MA 02143 - Photo 2 40 Cedar St # 1L, Somerville MA 02143 - Photo 3 40 Cedar St # 1L, Somerville MA 02143 - Photo 4 40 Cedar St # 1L, Somerville MA 02143 - Photo 5 40 Cedar St # 1L, Somerville MA 02143 - Photo 6 40 Cedar St # 1L, Somerville MA 02143 - Photo 7
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