1 Otis St Melrose, MA 02176
Cedar Park NeighborhoodEstimated Value: $1,007,189 - $1,141,000
4
Beds
3
Baths
1,980
Sq Ft
$545/Sq Ft
Est. Value
About This Home
As of March 2013Don't miss Sat/Sun OH for this impressive 4 bed, 2.5 bath 2X6 constructed Colonial is energy efficient & well built. Close to downtown, train & parks. Owners have gone above & beyond to care for this inviting home. Renovated kitchen, baths, added mudroom, freshly painted, 4 y/o roof, new 3x pane Pella windows, full insul, 2 driveways, efficient soft heat, & central air. Great Master w/custom walk-in & full bath, 4 true beds w/custom closets. Spacious living room w/fireplace perf for entertaining
Last Listed By
Susan McLaren
Compass Listed on: 12/09/2012
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,764
Year Built
1985
Lot Details
0
Listing Details
- Lot Description: Corner, Paved Drive, Level
- Special Features: None
- Property Sub Type: Detached
- Year Built: 1985
Interior Features
- Has Basement: Yes
- Fireplaces: 1
- Primary Bathroom: Yes
- Number of Rooms: 8
- Amenities: Public Transportation, Park, Public School
- Electric: 200 Amps
- Energy: Insulated Windows, Storm Windows, Storm Doors, Prog. Thermostat
- Flooring: Wall to Wall Carpet, Hardwood
- Insulation: Full, Foam, Spray Foam
- Interior Amenities: Cable Available
- Basement: Full, Concrete Floor
- Bedroom 2: Second Floor
- Bedroom 3: Second Floor
- Bedroom 4: Second Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: Second Floor
- Master Bedroom Description: Flooring - Hardwood, Closet - Walk-in, Bathroom - Full, Closet/Cabinets - Custom Built
- Dining Room: First Floor
Exterior Features
- Construction: Conventional (2x4-2x6)
- Exterior: Clapboard, Shingles
- Exterior Features: Porch, Patio, Gutters, Storage Shed, Sprinkler System
- Foundation: Poured Concrete
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Cooling Zones: 1
- Heat Zones: 4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2012
Closed on
Mar 19, 2013
Sold by
Applegate Richard L and Applegate Lauren M
Bought by
Norton Bretta L
Seller's Agent
Susan McLaren
Compass
Buyer's Agent
Lisa Howitt
Compass
List Price
$509,900
Sold Price
$512,000
Premium/Discount to List
$2,100
0.41%
Total Days on Market
22
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
$567,297
Avg. Annual Appreciation
6.18%
Original Mortgage
$335,000
Outstanding Balance
$242,830
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$821,571
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norton Bretta L | $515,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Norton Bretta L | $150,000 | |
| Open | Norton Bretta L | $335,000 | |
| Previous Owner | Applegate Lauren M | $190,000 | |
| Previous Owner | Applegate Richard L | $50,000 | |
| Previous Owner | Applegate Richard L | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2013 03/19/13 | Sold | $512,000 | +0.4% | $259 / Sq Ft |
| 12/31/2012 12/31/12 | Pending | -- | -- | -- |
| 12/09/2012 12/09/12 | For Sale | $509,900 | -- | $258 / 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 | $8,764 | $885,300 | $450,100 | $435,200 |
| 2024 | $8,520 | $858,000 | $422,800 | $435,200 |
| 2023 | $8,370 | $803,300 | $409,200 | $394,100 |
| 2022 | $8,352 | $790,200 | $409,200 | $381,000 |
| 2021 | $8,069 | $736,900 | $381,900 | $355,000 |
| 2020 | $7,679 | $694,900 | $341,000 | $353,900 |
| 2019 | $6,943 | $642,300 | $315,100 | $327,200 |
| 2018 | $6,952 | $613,600 | $286,400 | $327,200 |
| 2017 | $6,818 | $577,800 | $272,800 | $305,000 |
| 2016 | $6,851 | $555,600 | $266,000 | $289,600 |
| 2015 | $6,318 | $487,500 | $238,700 | $248,800 |
| 2014 | $6,111 | $460,200 | $211,400 | $248,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2013
Susan McLaren
Compass
(617) 605-8348
-
Lisa Howitt
Buyer's Agent in 2013
Lisa Howitt
Compass
(617) 957-0521
1 in this area
97 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71463626
APN: MELR-000009B-000000-000078
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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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