Seller's Agent in 2021
Kate Cote
Leading Edge Real Estate
(781) 454-5588
4 in this area
42 Total Sales
1 Franklin Terrace Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $880,000 - $965,000
4
Beds
2
Baths
1,726
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Kitchen Island
- 3-minute walk to Warren Street Park
- Roosevelt Elementary School Rated A
About This Home
As of December 2021You really can have it all! Beautiful Highlands Colonial/Victorian on a quiet dead-end street less than a 1/2 mile from the Commuter Rail. With La Qchara, Tapas 529 and Ernie's Lunch just a short stroll away, your toughest choice will be whether to create a home-cooked meal in the expansive kitchen or enjoy some of Melrose's favorite eateries. The grand foyer greets your family and friends with warmth and openness. The spacious living room flows into a lovely formal dining room and on to the bright kitchen with its massive island. Four large and attractive bedrooms and a full bath complete the second floor. Need more space? The attic is waiting to be finished as a primary suite or game room/home gym or office. Location and charm - it just doesn't get any better than this!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $79
Year Built
- 1900
Lot Details
- 4,792
Parking
- 1
Additional Features
- Kitchen Island
- Wood Flooring
- Primary bedroom located on second floor
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Dec 10, 2021
Sold by
Solie John E and Plato Priscilla
Bought by
Fernandez Casey and Avelar Danny
Seller's Agent
Kate Cote
Leading Edge Real Estate
Buyer's Agent
Leeman & Gately
Compass
List Price
$690,000
Sold Price
$750,000
Premium/Discount to List
$60,000
8.7%
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
$154,921
Avg. Annual Appreciation
4.88%
Original Mortgage
$560,000
Outstanding Balance
$520,495
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,774
Purchase Details
Closed on
Mar 6, 2020
Sold by
Plato Priscilla and Solie John E
Bought by
Plato Priscilla and Solie John E
Purchase Details
Closed on
May 20, 1988
Sold by
Corbett Timothy
Bought by
Plato Priscilla
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fernandez Casey | $750,000 | None Available | |
| Plato Priscilla | -- | None Available | |
| Plato Priscilla | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avelar Danny | $100,000 | |
| Open | Fernandez Casey | $560,000 | |
| Previous Owner | Solie John E | $450,000 | |
| Previous Owner | Solie John E | $450,000 | |
| Previous Owner | Plato Priscilla D | $250,000 | |
| Previous Owner | Solie John E | $100,000 | |
| Previous Owner | Solie John E | $104,500 | |
| Previous Owner | Solie John E | $100,000 | |
| Previous Owner | Corbett Timothy | $130,000 | |
| Previous Owner | Corbett Timothy | $18,600 | |
| Previous Owner | Corbett Timothy | $154,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2021 12/13/21 | Sold | $750,000 | +8.7% | $435 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $690,000 | -- | $400 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $79 | $800,600 | $400,800 | $399,800 |
| 2024 | $7,619 | $767,300 | $376,500 | $390,800 |
| 2023 | $7,607 | $730,000 | $364,400 | $365,600 |
| 2022 | $6,715 | $635,300 | $364,400 | $270,900 |
| 2021 | $6,502 | $593,800 | $340,100 | $253,700 |
| 2020 | $6,160 | $557,500 | $303,700 | $253,800 |
| 2019 | $5,555 | $513,900 | $280,600 | $233,300 |
| 2018 | $5,534 | $488,400 | $255,100 | $233,300 |
| 2017 | $5,357 | $454,000 | $242,900 | $211,100 |
| 2016 | $5,187 | $420,700 | $236,900 | $183,800 |
| 2015 | $5,004 | $386,100 | $212,600 | $173,500 |
| 2014 | $4,805 | $361,800 | $188,300 | $173,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Leeman & Gately
Compass
(781) 844-5191
21 in this area
200 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72910508
APN: MELR-000012A-000000-000090
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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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