$588,000
SOLD JUL 24, 2024
2 Beds
1 Bath
1,230 Sq Ft
$483/mo HOA Fee

Recently Sold

$478 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Medical Services
  • No Units Above
  • Wood Flooring
  • Lincoln Elementary School Rated A-
  • Property is near public transit
  • 5-minute walk to Ell Pond

About This Home

As of July 2024

Fantastic top floor 2 bedroom + office condo in the heart of Melrose Center! This loft like unit features a huge open concept living and dining space terrific for entertaining. The owners have tastefully renovated the kitchen with cherry shaker style cabinets, stone countertops, stainless steel appliances and lovely views of Melrose out of the windows. Directly off of the kitchen is a charming breakfast nook. The main bedroom easily accommodates a king sized bed and features a spacious closet fully built out with a storage system. The second bedroom is great for a guest room or nursery. At the front of the home is a terrific separate home office space. This home has southern exposure with terrific natural light, hardwood floors, central air, recessed lighting and a sound system. Two car parking, a beautiful common patio and huge private storage complete this great home. Terrific location close to restaurants, shops, MBTA and all that Melrose has to offer. Come see for yourself!

Last Agent to Sell the Property

Andrew McKinney

Donnelly + Co. Listed on: 06/12/2024

Co-Listed By

Dimitrios Makos

Donnelly + Co.

Last Buyer's Agent

Michael Richards

ListMyHouse.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1960

HOA Fees

  • $483 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring
  • Intercom
  • Attic

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Patio
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number M:0D8 P:000086,655055

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 6 Units
  • Low-Rise Condominium
  • Chesterton Mill Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,561

Year Built

Built in 1960

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1960
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Interior Amenities: Walk-up Attic
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
  • Basement: N
  • Accessibility Features: No
  • Living Area: 1230
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 462.6
  • PRICE PER Sq Ft: 478.05
  • MAIN SO: NB2119

Exterior Features

  • Exterior Features: Patio
  • Common Walls: No One Above, Corner
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 482.75
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 6
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0D8 P:000086,655055
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 255
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4561
  • Tax Book Number: 72260

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 24, 2024
Sold by
Hall Zachary T and Andreeva Vivian
Bought by
Richards Mikaila C
Seller's Agent
Andrew McKinney
Donnelly + Co.
Buyer's Agent
Michael Richards
ListMyHouse.com
List Price
$569,000
Sold Price
$588,000
Premium/Discount to List
$19,000
3.34%
Views
34
Current Estimated Value
$623,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,212
Avg. Annual Appreciation
1.53%
Original Mortgage
$435,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 6, 2018
Closed on
Feb 22, 2019
Sold by
Lundgren Chris A
Bought by
Hall Zachary T and Andreeva Vivian
Seller's Agent
EdVantage Home Group
RE/MAX Encore
Buyer's Agent
Andrew McKinney
Donnelly + Co.
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$356,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $588,000 None Available
Condominium Deed $588,000 None Available
Not Resolvable $445,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,000 Stand Alone Refi Refinance Of Original Loan
Closed $435,000 Purchase Money Mortgage
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $356,000 New Conventional
Previous Owner $30,000 No Value Available
Previous Owner $56,315 No Value Available
Previous Owner $76,700 No Value Available
Previous Owner $7,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $588,000 +3.3% $478 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $569,000 +27.9% $463 / Sq Ft
02/25/2019 02/25/19 Sold $445,000 -6.3% $362 / Sq Ft
12/24/2018 12/24/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $475,000 -- $386 / 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 $4,600 $464,600 $0 $464,600
2024 $4,561 $459,300 $0 $459,300
2023 $4,645 $445,800 $0 $445,800
2022 $4,514 $427,100 $0 $427,100
2021 $4,530 $413,700 $0 $413,700
2020 $3,982 $360,400 $0 $360,400
2019 $3,280 $303,400 $0 $303,400
2018 $3,153 $278,300 $0 $278,300
2017 $3,161 $267,900 $0 $267,900
2016 $3,046 $247,000 $0 $247,000
2015 $3,201 $247,000 $0 $247,000
2014 $3,239 $243,900 $0 $243,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251321

MLS Property Information Network (MLS PIN)

APN: MELR-000008D-000000-000008-000006