Seller's Agent in 2024
Thais Collins
Compass
(978) 587-6198
1 in this area
29 Total Sales
1 Chipman Terrace Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $892,388 - $935,000
4
Beds
1.5
Baths
1,760
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- Golf Course Community
- 2-minute walk to Melrose Highlands
- City View
- Roosevelt Elementary School Rated A-
- Medical Services
- 5-minute walk to Dunton Park
About This Home
As of October 2024New England skyline, stylish updates, soaring ceilings & an outpour of natural light: welcome to 1 Chipman Terrace, in the heart of Melrose Highlands! Step onto the string-lit outdoor patio and enter this classy Colonial, and its open, well-rounded floor plan. Through the mudroom, you’ll find living and dining rooms that comfortably host guests, while the French doors to the bright sunroom offer privacy for a sitting area, playroom, or home office. The kitchen impresses with soaring ceilings, white cabinetry, modern appliances & spacious quartz counters. The large windows overlook the patio, where you’ll enjoy your gas-lined grill and private setting on Fall evenings. Classic wainscoting leads you to the 2nd floor, where airy bedrooms, extra closet space, city views and chic design meet your wishlist while touring this home. A serene spot just steps from the commuter rail, shops, parks and restaurants is a rare find - plan your visit this weekend and enjoy the views, inside and out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,892
Year Built
- Built in 1900
Lot Details
- 5,001 Sq Ft Lot
- Street terminates at a dead end
- Property is zoned URA
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,760 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- French Doors
- Entrance Foyer
- Living Room with Fireplace
- Sun or Florida Room
- City Views
- Attic
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
- Laundry in Basement
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Melrose Middle School
- Melrose High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:C12 P:0000029,658985
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2018
Closed on
Sep 24, 2018
Sold by
Lemay Joseph P and Lemay Miriam
Bought by
Fisher Taylor L and Colliton Michelle R
Seller's Agent
Michael Olin
Conway - West Roxbury
Buyer's Agent
Listing Group
Lamacchia Realty, Inc.
List Price
$549,000
Sold Price
$587,500
Premium/Discount to List
$38,500
7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,347
Avg. Annual Appreciation
6.10%
Original Mortgage
$499,375
Outstanding Balance
$434,588
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$482,259
Purchase Details
Closed on
Jul 31, 2007
Sold by
Starr Anne Rebecca and Norvig Marc
Bought by
Lemay Joseph P and Lemay Miriam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 1998
Sold by
Gati Robert S and Seidman Trudy A
Bought by
Norvig Marc and Starr Anne R
Purchase Details
Closed on
Jan 26, 1987
Sold by
Sullivan Donald P
Bought by
Gati Robert S
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fisher Taylor L | $587,500 | -- | |
| Lemay Joseph P | $360,000 | -- | |
| Lemay Joseph P | $360,000 | -- | |
| Norvig Marc | $217,500 | -- | |
| Gati Robert S | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fisher Taylor L | $499,375 | |
| Closed | Gati Robert S | $499,375 | |
| Previous Owner | Gati Robert S | $255,250 | |
| Previous Owner | Lemay Joseph P | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $875,000 | +8.0% | $497 / Sq Ft | |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- | |
| 09/11/2024 09/11/24 | For Sale | $810,000 | +37.9% | $460 / Sq Ft | |
| 09/24/2018 09/24/18 | Sold | $587,500 | +7.0% | $334 / Sq Ft | View Prior Sale |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- | |
| 08/01/2018 08/01/18 | For Sale | $549,000 | -- | $312 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $71 | $712,500 | $367,200 | $345,300 |
| 2024 | $6,892 | $694,100 | $356,400 | $337,700 |
| 2023 | $6,666 | $639,700 | $324,000 | $315,700 |
| 2022 | $6,641 | $628,300 | $324,000 | $304,300 |
| 2021 | $6,413 | $585,700 | $302,400 | $283,300 |
| 2020 | $6,114 | $553,300 | $270,000 | $283,300 |
| 2019 | $5,021 | $464,500 | $249,500 | $215,000 |
| 2018 | $4,948 | $436,700 | $226,800 | $209,900 |
| 2017 | $4,785 | $405,500 | $216,000 | $189,500 |
| 2016 | $5,054 | $409,900 | $210,600 | $199,300 |
| 2015 | $4,720 | $364,200 | $183,600 | $180,600 |
| 2014 | $4,550 | $342,600 | $162,000 | $180,600 |
Source: Public Records
Agents Affiliated with this Home
-
Thais Collins
-
Alan Nguyen
Buyer's Agent in 2024
Alan Nguyen
Choose Boston, LLC
(978) 809-1685
1 in this area
102 Total Sales
-
Michael Olin
Seller's Agent in 2018
Michael Olin
Conway - West Roxbury
(617) 504-1346
79 Total Sales
-
L
Buyer's Agent in 2018
Listing Group
Lamacchia Realty, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73288670
APN: MELR-000012C-000000-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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