Location

Nearby schools

School ratings (A+ to F) from HJN community data.

Peirce Elementary School
KG-5 · Regular · Arlington School District
318 students · 13.2:1 student–teacher
Peirce Elementary School school rating: A- 0.5 mi
Lexington Christian Academy
6-12 · Regular
281 students · 8.1:1 student–teacher
0.5 mi
New Covenant School
PK-5 · Regular
55 students · 7.3:1 student–teacher
0.6 mi
Cns/Pathways Academy
4-12 · Special Education
31 students · 3.9:1 student–teacher
0.8 mi
Stratton Elementary School
KG-5 · Regular · Arlington School District
448 students · 12.2:1 student–teacher
Stratton Elementary School school rating: A- 0.9 mi
Ottoson Middle School
7-8 · Regular · Arlington School District
963 students · 11.4:1 student–teacher
Ottoson Middle School school rating: A 1.0 mi
Harrington Elementary School
KG-5 · Regular · Lexington School District
374 students · 10.0:1 student–teacher
Harrington Elementary School school rating: A+ 1.1 mi
Van - Owen Elementary School
KG-5 · Regular · Winchester School District
441 students · 12.5:1 student–teacher
Van - Owen Elementary School school rating: A 1.2 mi

Nearby places

Within 2 miles of this home: 38+ restaurants and cafés, 5 grocery stores, 38+ parks and green spaces, and 37+ transit stops.

Place data from OpenStreetMap.

Food & drink

Starbucks
Massachusetts Avenue
0.7 mi
Thai Sticky Rice
Thai restaurant · Massachusetts Avenue
0.7 mi
Cookie Time
Massachusetts Avenue
0.7 mi
Prep Neighborhood Kitchen
Massachusetts Avenue
0.7 mi
Northender Italian Kitchen
Massachusetts Avenue
0.7 mi
Arlington Cafe
Summer Street
0.7 mi
Jersey Mike's Subs
Massachusetts Avenue
0.7 mi
Boston Pizza & Gyro
Massachusetts Avenue
0.7 mi

Groceries

Trader Joe's
Massachusetts Avenue
0.7 mi
Maruichi Japanese Food and Deli
Massachusetts Avenue
0.7 mi
Wilson Farm
Pleasant Street
1.3 mi
Stop & Shop
Massachusetts Avenue
1.5 mi
Whole Foods Market
Massachusetts Avenue
1.8 mi

Parks & recreation

Reed Brook
0.1 mi
McClennen Park
Summer Street
0.2 mi
McClennen Park Playground
0.2 mi
Whipple Hill
0.4 mi
Mt. Gilboa
0.4 mi
Arlington Reservoir Area
0.4 mi
Arlington Reservoir
0.4 mi
Locke Pond
0.5 mi

Transit

Forest St @ Thomas St
0.4 mi
Forest St @ Hancock St
0.4 mi
Forest St @ Heard Rd
0.4 mi
Whipple Road @ Wheeler Road
0.5 mi
Whipple Road @ Lowell Street
0.5 mi
Whipple Road @ Locke Lane
0.5 mi
Bow Street @ Rawson Avenue
0.5 mi
Russell Road @ Whipple Road
0.5 mi

Surveillance cameras near 40 Reed Street, Arlington

This home
CCTV camera
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Arlington camera map

28 CCTV cameras mapped within 1 mile of this home. None within ½ mile. Nearest: 0.6 mi southwest.

Mapped devices by type and distance from this home
Device type	Within ½ mi	Within 1 mi
CCTV cameras	0	28

Community-reported via OpenStreetMap; may be incomplete. Data as of Oct 21, 2026. © OpenStreetMap contributors (ODbL)

About these devices

CCTV cameras are fixed video cameras that record a street, building or other area.

The 02474 market

Homes for sale: 45
Median list price: $995,000

Similar homes nearby

See all in 02474

Sources for the nearby listings shown on this page

MLS Property Information Network (MLS PIN): The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing information ©2026 MLS Property Information Network, Inc®. All Rights Reserved. Last Updated: 2026-10-21 18:13:00 UTC

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

No listing photos

40 Reed Street, Arlington MA 02474

3

Beds

2

Baths

1,744

Sqft

1950

Year built

Estimated value: $916,994

Range $869,483 – $964,505 · as of August 30, 2026

How this estimate has moved

ATTOM automated valuation model · 54 published estimates over 6.7 years · shaded band is the model's own published low-to-high range

$771,104 January 2020$916,994 August 2026

Highest reading $1,132,327 in July 2025; lowest $743,770 in April 2020. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.

Public records

3 beds
2 baths
1,744 sqft
5,589 sqft lot
Built 1950
Stories: 2
Use: RESIDENTIAL
APN ARLI M:109.0 B:0001 L:0001

Estimate your monthly payment

Home price

Down payment (20%)

$183,399

Loan term

Interest rate (%)

Property tax (%/yr)

Home insurance ($/yr)

HOA ($/mo)

Estimated monthly payment

$6,037/mo

Principal & interest$5,079

Property tax$841

Home insurance$117

Loan amount $733,595. Estimate only — your actual rate and payment depend on credit, location, and lender.

Tax history

2025 roll

Land: $470,100
Structure: $412,500
Assessed total: $882,600
County market value: $887,015
Property tax billed: $9,506

Sale & deed history

September 26, 2016Arm's-length—
August 18, 2016Arm's-length$575,100
April 15, 2011Arm's-length$416,000
November 1, 2010Not an arm's-length transfer—
January 30, 2007Arm's-length$394,200
January 30, 2007Not an arm's-length transfer—
July 5, 1994

Not an arm's-length transferCash$1,632