NOT LISTED FOR SALE

Estimated Value: $836,000 - $881,000

4 Beds
1 Bath
1,500 Sq Ft
$577/Sq Ft Est. Value

About This Home

*ALL SHOWINGS TUESDAY, AUGUST 8TH AT 6PM.* Welcome to 10 Ravine Terrace! Available mid August or September 1st! Ideal two upstairs bedrooms and two adjacent office spaces! Nestled on a quiet dead end street and conveniently located near the Wyoming T Station and Oak Grove MBTA and steps from the 132 bus. A quick stroll will lead you to illustrious downtown Melrose with endless amenities and a throwstone to the Fells reservation and spot pond great for hiking, kayaking and vast outdoor activities. Easy access to I 93, I 95 and route 1! Previously owner occupied this unit has been cared for and freshly painted. Hardwood flooring throughout the living room and bedroom spaces with tile in the kitchen and bathroom. Exclusive use washer and dryer in basement which includes additional storage space. Shared common space backyard ready summer and Fall grilling. Off-street parking included along with plenty of on-street parking for guests. $25/pet per month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Mcdonald Elaine L Est
Bought by
Hong Yihua
Current Estimated Value
$866,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,800
Outstanding Balance
$501,092
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$364,938

Purchase Details

Closed on
Sep 24, 2015
Sold by
Mcdonald Eugene J and Mcdonald Elaine L
Bought by
Mcdonald Elaine L

Purchase Details

Closed on
Aug 29, 1972
Bought by
Mcdonald Elaine L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Hong Yihua $696,000 None Available
Mcdonald Elaine L -- --
Mcdonald Elaine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Yihua $556,800
Previous Owner Mcdonald Elaine L $50,000
Previous Owner Mcdonald Elaine L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2023 08/20/23 Rented $2,800 0.0% --
08/16/2023 08/16/23 Under Contract -- -- --
08/04/2023 08/04/23 Price Changed $2,800 -12.5% $2 / Sq Ft
07/19/2023 07/19/23 For Rent $3,200 -- --

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 $77 $774,400 $437,100 $337,300
2024 $7,369 $742,100 $424,300 $317,800
2023 $7,141 $685,300 $385,700 $299,600
2022 $7,095 $671,200 $385,700 $285,500
2021 $6,821 $622,900 $360,000 $262,900
2020 $6,458 $584,400 $321,400 $263,000
2019 $5,957 $551,100 $297,000 $254,100
2018 $5,838 $515,300 $270,000 $245,300
2017 $5,719 $484,700 $257,100 $227,600
2016 $5,562 $451,100 $250,700 $200,400
2015 $5,086 $392,400 $218,600 $173,800
2014 $4,868 $366,600 $192,800 $173,800
Source: Public Records

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