NOT LISTED FOR SALE

1 Colby Terrace Melrose, MA 02176

Cedar Park Neighborhood

Estimated Value: $917,869 - $1,183,000

3 Beds
2 Baths
2,097 Sq Ft
$485/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $690,000 $329 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,164/month

7 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • 4-minute walk to Gooch Park
  • Lincoln Elementary School Rated A-

About This Home

As of December 2019

This beautiful dutch Colonial home in Melrose features three bedrooms, 1.5 baths, hardwood floors, an eat-in kitchen and family room in the lower level. But what makes this home so special are the period details, the private setting and the proximity to everything Melrose. The love that has infiltrated this home is obvious once you step in. Don't miss the built-in bookcases and fireplace in the front-to-back living room or the sleeping porch upstairs. Come and see for yourself. Join us on the enclosed front porch and you'll never want to leave.

Last Agent to Sell the Property

Juliet & Co. Team

Compass Listed on: 10/02/2019

Compass

Co-Listed By

Juliet Leydon

Real Broker MA, LLC

Last Buyer's Agent

James Gulden

Redfin Corp.

Redfin Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,465

Year Built

  • Built in 1925

Lot Details

  • 9,148

Parking

  • 1 Car Garage

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Enclosed Patio or Porch
  • Property is zoned URA
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0B8 P:0033-34

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,465

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 305.20
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Fireplaces: 1
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 24X12, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 13X12, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 11X9, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 12X12, Flooring - Hardwood, French Doors
  • Family Room: On Level: Basement, Dimension: 20X10, Flooring - Wall to Wall Carpet
  • Kitchen: On Level: First Floor, Dimension: 19X12, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 24X13, Flooring - Hardwood, French Doors, Slider
  • Basement: Y
  • Basement Features: Partially Finished
  • Other Room 1: Name: Bonus Room, On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Main Lo: AN2383
  • Main So: NB3534
  • Estimated Sq Ft: 2097.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch - Enclosed, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Ductless Mini-Split System
  • Heating: Steam, Gas

Schools

  • Elementary School: Apply
  • Middle School: MVMMS
  • High School: MHS

Lot Info

  • Assessments: 539000.00
  • Acre: 0.21
  • Lot Size: 9200.00
  • Page: 471
  • Parcel Number: M:0B8 P:0033-34
  • Zoning: URA
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 5827.00
  • Assessor Parcel Number: 653227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Mensing George and Mensing Kathryn
Bought by
Kathryn Mensing Ret and Mensing
Current Estimated Value
$1,017,217

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 5, 2019
Sold by
Gautreau Margaret R
Bought by
Mensing George and Mensing Kathryn
Seller's Agent
Juliet & Co. Team
Compass
Buyer's Agent
James Gulden
Redfin Corp.
List Price
$640,000
Sold Price
$690,000
Premium/Discount to List
$50,000
7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$517,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1970
Bought by
Gautreau Donald and Gautreau Margaret A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kathryn Mensing Ret -- None Available
Kathryn Mensing Ret -- None Available
Mensing George $690,000 None Available
Gautreau Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mensing Gregory $515,400
Previous Owner Mensing George $517,500
Previous Owner Gautreau Donald J $50,000
Previous Owner Gautreau Donald J $10,045
Previous Owner Gautreau Donald J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $690,000 +7.8% $329 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $640,000 -- $305 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,465 $754,000 $456,400 $297,600
2024 $7,354 $740,600 $443,000 $297,600
2023 $7,027 $674,400 $402,700 $271,700
2022 $7,022 $664,300 $402,700 $261,600
2021 $6,843 $624,900 $375,900 $249,000
2020 $6,460 $584,600 $335,600 $249,000
2019 $2,948 $539,000 $310,100 $228,900
2018 $5,787 $510,800 $281,900 $228,900
2017 $5,671 $480,600 $268,500 $212,100
2016 $5,625 $456,200 $261,800 $194,400
2015 $5,130 $395,800 $228,200 $167,600
2014 $4,900 $369,000 $201,400 $167,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Juliet & Co. Team

    Compass

    (781) 219-0313

    42 Total Sales

    Juliet & Co. Team
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Juliet Leydon

    Real Broker MA, LLC

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72574123

MLS Property Information Network (MLS PIN)

APN: MELR-000008B-000000-000033-000034

Massachusetts Middlesex County Melrose 02176 Cedar Park

1 Colby Terrace, Melrose, MA

This home is located at 1 Colby Terrace, Melrose, MA 02176 since 02 October 2019 and is currently estimated at $1,017,217, approximately $485 per square foot. This property was built in 1925. 1 Colby Terrace is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Roosevelt Elementary School, and Winthrop Elementary School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes