40 REED ST
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Location
40 REED ST
Mblu
65/ / 30/ /
Acct#
Owner
CHEN JIN
Total Market Value
$1,480,000
PID
9084
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$761,000$719,000$1,480,000

Owner of Record
OwnerCHEN JIN
Co-OwnerWENG ZHANG
Address40 REED ST

LEXINGTON, MA 02421
Sale Price$1,480,000
Certificate
Book & Page 82710/0518
Sale Date04/29/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHEN JIN$1,480,000 82710/05180004/29/2024
CARAVANA, TRS ROBERTS B & CAROL V$1 77746/01501F05/11/2021
CARAVANA ROBERT B$1 77746/01261F05/11/2021
40 REED STREET NOMINEE TRUST$1 72641 204/00001A05/16/2019
CARAVANA ROBERT B &$273,500 21191/0520 05/31/1991

Building Information
Building 1 : Section 1
Year Built: 1927
Living Area: 2,874
Replacement Cost: $850,340
Building Percent Good: 89
Replacement Cost
Less Depreciation:
$757,000
Building Attributes
FieldDescription
Style:DUTCH COL.
ModelResidential
Grade:C-
Stories:2 STORIES
Occupancy1
Exterior Wall 1CED SHINGLES
Exterior Wall 2 
Roof Structure:DUTCH
Roof CoverASPH/FBGL/COMP
Interior Wall 1PLASTER
Interior Wall 2DRYWALL/SHTRK
Interior Flr 1HARDWOOD
Interior Flr 2 
Heat FuelOIL
Heat Type:HOT WATER
AC Type:CENTRAL
Total Bedrooms:3 Bedrooms
Total Bthrms:3
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:11
Bath Style: 
Kitchen Style: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,316 1,316
FUSUpper Story, Finished 852 852
DUTDUTCH COL 784 706
FBMBasement, Finished 286 0
FGRGarage, Finished 460 0
FSPPorch, Screen, Finished 144 0
UBMBasement, Unfinished 638 0
WDKDeck, Wood 154 0
   4,634 2,874

Extra Features
Extra Features
CodeDescriptionSizeBldg #
FPLFIREPLACE1.00 UNITS1

Land
Land Use
Use Code1010
DescriptionSingle Fam MDL-01  
ZoneRS
Neighborhood20
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)12325
Frontage75
Depth0
Total Market Land$719,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
SHD1SHED FRAME  240.00 S.F.1
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$761,000$719,000$1,480,000
2025$700,000$684,000$1,384,000
2024$722,000$652,000$1,374,000
2023$638,000$592,000$1,230,000

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