NOT LISTED FOR SALE

1008 Main St Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $944,070 - $1,093,000

5 Beds
2 Baths
2,556 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $388,000 $152 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,433/month

71 Days on Market

About This Home

As of September 2012

Substantial 2 family in need of some minor updating but with MAJOR upside rental potential! Excellent parking situation with two driveways, one off each Main and W Highland plus huge tri-level garage. Upstairs unit has major floorplan flexibility to work anywhere from 2 BR up to 5 BR if desired! Full basement provides plenty of storage. Possible conversion to single fam. A little imagination and elbow grease and this will be a great income property for years to come! Wooded lot provides privacy

Last Agent to Sell the Property

Rob Viola

Brad Hutchinson Real Estate License #448553540 Listed on: 06/19/2012

Last Buyer's Agent

David Nuccio

Birchwood Eight Realty License #448510715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$77

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Public School
  • Flooring: Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Schools

  • Middle School: Mvmms
  • High School: Melrose High

Lot Info

  • Assessor Parcel Number: M:D12 P:0000143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Machado Matthew J and Jhennae Nydia M
Bought by
Machado Matthew J
Current Estimated Value
$996,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Outstanding Balance
$503,247
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$375,011
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Machado Matthew J -- None Available
Machado Matthew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Matthew J $545,000
Previous Owner Machado Matthew J $290,000
Previous Owner Machado Matthew J $205,000
Previous Owner Machado Matthew J $116,000
Previous Owner Machado Matthew J $50,000
Previous Owner Tremberth Douglas C $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $388,000 -10.8% $152 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $435,000 -- $170 / 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 $77 $773,200 $401,300 $371,900
2024 $7,211 $726,200 $375,400 $350,800
2023 $7,215 $692,400 $349,500 $342,900
2022 $7,062 $668,100 $336,600 $331,500
2021 $6,802 $621,200 $323,600 $297,600
2020 $6,536 $591,500 $297,700 $293,800
2019 $6,152 $569,100 $284,800 $284,300
2018 $5,788 $510,900 $236,200 $274,700
2017 $5,620 $476,300 $226,500 $249,800
2016 $5,218 $423,200 $200,600 $222,600
2015 $5,467 $421,800 $200,600 $221,200
2014 $5,101 $384,100 $184,500 $199,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rob Viola

    Brad Hutchinson Real Estate

  • D

    Buyer's Agent in 2012

    David Nuccio

    Birchwood Eight Realty

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71398896

MLS Property Information Network (MLS PIN)

APN: MELR-000012D-000000-000143

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

1008 Main St, Melrose, MA

This home is located at 1008 Main St, Melrose, MA 02176 since 19 June 2012 and is currently estimated at $996,018, approximately $389 per square foot. This property was built in 1900. 1008 Main St is a home located in Middlesex County with nearby schools including Horace Mann Elementary School, Roosevelt Elementary School, and Winthrop Elementary School.

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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.

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