Toggle Side Panel

40 Reed St, Lexington MA 02421

Lexington, MA 02421
$1,480,000
Est. $7,877/month
3
Beds
2.5
Baths
3,127
Sq Ft
$473
Price/Sq Ft
0.28
Acres
1927
Year Built
Single Family Residence
Type
3
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73212289

About this home

Welcome home to this charming, classic Colonial perfectly situated in a popular neighborhood close to the Lexington Golf Club, only a short stroll to the Minuteman Bike Path, and within walking distance to the town center. Cozy up around the gas fireplace in the light filled formal living room, an inviting space with a great vibe perfect for hanging out or entertaining. A French door opens to the versatile sunroom with walls of windows to welcome the sunshine. The updated, open concept kitchen is a chef’s delight with granite counters, SS appliances, a center island, beverage fridge and white cabinetry, opening seamlessly to the large informal dining area and family room. Glass sliders connect to the deck or on the screened porch overlooking the private backyard. Double French doors open to a spacious room above the garage which offers lots of flexibility to fit your family’s needs, perfect as a recreation room and more. Commuters will love easy highway access and the nearby bus stops.

Sale Statistics

Sale Overview
Original List Price: $1,450,000
Final Sale Price: $1,480,000
Difference: +$30,000 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $464
Sale $/sq ft: $473
This property sold for $473 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1927
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,127 sq ft
Total Rooms
11

Interior Features

Flooring
Tile, Vinyl, Hardwood, Flooring - Vinyl, Flooring - Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Tankless Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Range Hood
Interior Features
Lighting - Overhead, Ceiling Fan(s), Recessed Lighting, Sun Room, Game Room, Office, Walk-up Attic
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement
Basement Details
Full, Partially Finished, Interior Entry, Concrete
Window Features
Insulated Windows
Door Features
French Doors, Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Screened, Deck, Patio, Rain Gutters, Professional Landscaping
Patio/Porch Features
Screened, Deck, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.28 acres
Lot Size
12,325 sq ft
Lot Size Area
0.2800
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Attached, Garage Door Opener, Oversized, Off Street, Driveway
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$15,990
Tax Year
2023
Tax Assessed Value
$1,230,000
Parcel Number
M:0065 L:000030,556045
Zoning
RS

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Attached Property
No
Disclosures
Freshly painted interior (March 2024), New flooring in foyer and sunroom (March 2024), Gas heating system (2022), Kitchen renovation (2018). Central air in the majority of the home - not in the sunroom adjacent to living room, master suite, nor bonus room over garage.

Location

Loading map...

Neighborhood

40 Reed St, Lexington MA 02421

Lexington, MA 02421

Walkability

Loading Walk Score...

Schools

Elementary School
School Board
Rating information coming soon
Middle School
Diamond Ms
Rating information coming soon
High School
Lexington Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,333
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2%
Price Range
4
Total Days on Market

Property Timeline

✓
Sold
Apr 29, 2024
$1,480,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Mar 14, 2024
$1,450,000
Original listing
Agent: Danielle Fleming Office: MA Properties

Price & Status History

Date Event Price Change
Mar 14, 2024 New Listing Added $1,450,000 —

Market Statistics

Days on Market
3 days
Price per Sq Ft
$473

Tax History

Year Taxes Assessment
2023 $15,990 $1,230,000

Financial Details

Annual Property Tax
$15,990
Tax Year 2023
Assessed Value
$1,230,000

Listing Information

Listing Agent Danielle Fleming
Listing Office MA Properties
Agent MLS ID BB810475
Office MLS ID AN6342

Similar Homes

40 Reed St, Lexington MA 02421 - Photo 1

Contact Agent

Schedule a Tour