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40 Mount Vernon Street # 1, Cambridge MA 02140

Cambridge, MA 02140
$2,250,000
Est. $12,529/month
3
Beds
3
Baths
2,730
Sq Ft
$824
Price/Sq Ft
1889
Year Built
10
Days on Market
Closed Listed Feb 4, 2022 • MLS# 72939690 Copied!

About this home

Desirable Avon Hill - Spectacular Victorian condo has the feel of a single family nestled on a tree-lined street near restaurants, shops, park, the T Red Line & is centrally located between Porter Sq. & Harvard Sq. Elegant & sophisticated renovation in 2006 w/exquisite custom millwork, moldings and high-end finishes. First floor 10' ceilings, bay windows, original pocket & French doors, built-in dry bar in DR. Spectacular Chef’s kitchen w/floor-to-ceiling cabinetry, marble island w/seating, top-of-the-line appliances including Thermador range and Sub-Zero refrigerator, & a separate pantry. 3 bedrooms (2 ensuite primary BR's with custom-built closets) 3 gorgeous full marble baths feature premium fixtures including primary bath w/steam shower & radiant heat floor. Wonderful family rm walk-out to the exclusive use patio surrounded by a stone wall, lots of storage, central AC, surround sound/intercom & parking for 2 cars. Rarely found this gem will surely capture your heart!

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Public Records

Current Owner

Owner ARSHAD, SHEHIME
Mailing Address 40 MOUNT VERNON ST UNIT 2, CAMBRIDGE, MA, 02140

Land Use

Use Code 102
Description Condominium
Style TWO-FLOORS

Tax Information

Assessed Value $2,117,500
Tax Rate $5.86 per $1,000
Base Tax $12,409
CPA Surcharge 3% ($355)
Estimated Annual Tax $12,763

Assessment History

Year Land Building Total Change
FY2026 $0 $2,117,500 $2,117,500

Sale History

Date Price Book/Page
Jul 31, 2024 $10 83070/0092
Mar 24, 2022 $2,250,000 79873/0344

Building Permit History

No building permits on record since 2018.

Data: City of Cambridge Open Data (data.cambridgema.gov)

Municipal Context: CAMBRIDGE

Median Home Value $925,000
Avg SF Tax Bill $8,175
Residential Tax Rate $5.86/1000
CPA Surcharge 3%
County Middlesex
Match: geocode_proximity (87.4% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1889
Bedrooms
3
Full Bathrooms
3
Living Area
2,730 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $2,199,000
Final Sale Price: $2,250,000
Difference: +$51,000 (+2.3%)
Performance Metrics
102.3%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $805
Sale $/sq ft: $824
This property sold for $824 per square foot
Sale Summary

This property sold for 2.3% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 32 similar properties sold within 0.5 miles in the last 90 days

This Property
$824/sq ft
Area Average
$337/sq ft
Difference
+144.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1889
Living Area 2,730 sq ft
Bedrooms 3
Full Baths 3
Total Rooms 7

Interior

Heating Forced Air, Natural Gas, Fireplace
Cooling Central Air
Flooring Wood, Tile, Laminate, Flooring - Stone/ceramic Tile
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker
Fireplace Family Room
Fireplaces 2
Basement N
Laundry Gas Dryer Hookup, Washer Hookup, In Unit
Features Walk-in Closet(s), Closet/cabinets - Custom Built, Lighting - Pendant, Bathroom - Full, Recessed Lighting, Crown Molding, Entrance Foyer, Vestibule, Sauna/steam/hot Tub, Wired For Sound, Internet Available - Unknown, Other

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Patio, Screens, Sprinkler System, Stone Wall
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio

Parking

Features Deeded, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Gas Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $11,419
Assessed Value $1,928,900

Interior Features

Flooring: Wood, Tile, Laminate, Flooring - Stone/Ceramic Tile
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker
Interior Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, Lighting - Pendant, Bathroom - Full, Recessed Lighting, Crown Molding, Entrance Foyer, Vestibule, Sauna/Steam/Hot Tub, Wired for Sound, Internet Available - Unknown, Other
Windows: Window(s) - Bay/Bow/Box, Screens
Basement: N
Laundry: Gas Dryer Hookup, Washer Hookup, In Unit
Security: Security System

Construction & Materials

Year Built: 1889
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Fireplace
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Patio, Screens, Sprinkler System, Stone Wall
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded, Paved

Special Features

Fireplaces: 2
Fireplace Type: Family Room
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

40 Mount Vernon Street # 1, Cambridge MA 02140

Cambridge, MA 02140

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

10 schools
Cambridge Friends School
0.5 mi
Grades PK-08
Cambridge Montessori School
0.6 mi
Grades PK-06
St. Peter Elementary School
0.6 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
0.7 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
1.2 mi
Grades 01-12
Shady Hill School
1.5 mi
Grades PK-08
C
Prospect Hill Academy Charter School
1.7 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
Fayerweather Street School
1.7 mi
Grades PK-08
A
Amigos School
1.8 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
A-
Graham and Parks School
0.3 mi | #242 of 824 | Score: 52.7
Improved 3 spots from last year
-5.5 below state avg
367 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
0.6 mi
Grades 01-06
A
Rindge Avenue Upper School
0.5 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
1.5 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
1.8 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
2.1 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
1.9 mi
Grades 07-12
NuVu Innovation School
1.9 mi
Grades 08-12
B-
Community Charter School of Cambridge
2.3 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $952
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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

2.4%
Price Range
11
Total Days on Market

Property Timeline

Current Active Listing - MLS #73529807
Full transaction history available when tracking began
🏡
Currently Listed
Jun 4, 2026
$2,195,000
MLS #73529807 - Active
Sold
Mar 24, 2022
$2,250,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Feb 4, 2022
$2,199,000
Original listing
Agent: Gilda Lutz Office: Coldwell Banker Realty - Lexington

Price & Status History

Date Event Price Change
Jun 4, 2026 Sold $2,195,000
Feb 4, 2022 New Listing Added $2,199,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$824

Tax History

Year Taxes Assessment
2022 $11,419 $1,928,900

Financial Details

Annual Property Tax
$11,419
Tax Year 2022
Assessed Value
$1,928,900

Listing Information

Listing Office Coldwell Banker Realty - Lexington
Agent MLS ID BB910282
Office MLS ID AN6216
Listing Data Updated Mar 25, 2022 9:08 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 Cambridge, MA

Real-time market trends and pricing data for this area

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