NOT LISTED FOR SALE

Estimated Value: $762,350 - $903,000

4 Beds
2 Baths
1,914 Sq Ft
$438/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $424,000 $222 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,715/month

22 Days on Market

About This Home

As of May 2015

Duplex style two family in the heart of the downtown area! Separate everything makes this an ideal condominium conversion or owner occupy and lower your monthly mortgage payment with the rental income! It is rare to find a side by side multi-family property in Melrose that is so close to everything that makes this city so desirable. The commuter rail and bus to Oak Grove is literally at the end of the street. Stop into one of the wonderful restaurants downtown or pick up a bottle of wine on your way home from work… it's is all within walking distance as are the many shops, Shaws Supermarket and the Melrose YMCA! Opportunities like this do not come along often so do not miss this one! Newer boiler in unit #106. Group showings by appointment only 4/2 and 4/4. Please email listing agent to schedule appointment.

Last Agent to Sell the Property

Lisa Howitt

Compass Listed on: 03/31/2015

Compass

Last Buyer's Agent

Darryln Leikauskas

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
May 22, 2015
Sold by
Matthews Patricia F and Matthews Sean G
Bought by
Loizides Anthony C and Loizides Tina S
Seller's Agent
Lisa Howitt
Compass
Buyer's Agent
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$425,000
Sold Price
$424,000
Premium/Discount to List
-$1,000
-0.24%
Total Days on Market
22
Current Estimated Value
$839,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,088
Avg. Annual Appreciation
7.13%
Original Mortgage
$296,800
Outstanding Balance
$233,707
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$613,056

Purchase Details

Closed on
Feb 6, 2004
Sold by
Matthews Patricia F A
Bought by
Matthews Patricia F A and Matthews Sean G

Purchase Details

Closed on
Jul 9, 2003
Sold by
Matthews Patricia F A and Matthews Sean G
Bought by
Matthews Patricia F A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
5.45%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Matthews Patricia F A
Bought by
Matthews Sean G and Matthews Patricia Fa

Purchase Details

Closed on
Jun 29, 2001
Sold by
Blackstock James H and Blackstock Susan R
Bought by
Ahern Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,800
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1999
Sold by
Cerulli Marlena L
Bought by
Blackstock James H and Blackstock Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,876
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1992
Sold by
Fredericks George P and Fredericks A
Bought by
Cerulli Marlena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Loizides Anthony C $424,000 --
Matthews Patricia F A -- --
Matthews Patricia F A -- --
Matthews Sean G -- --
Ahern Patricia F $308,500 --
Blackstock James H $199,000 --
Cerulli Marlena L $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loizides Anthony C $296,800
Previous Owner Matthews Patricia F $65,000
Previous Owner Matthews Patricia F A $269,000
Previous Owner Matthews Patricia F A $246,000
Previous Owner Matthews Patricia F $246,000
Previous Owner Cerulli Marlena L $246,800
Previous Owner Cerulli Marlena L $39,000
Previous Owner Cerulli Marlena L $198,876
Previous Owner Cerulli Marlena L $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $424,000 -0.2% $222 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $425,000 -- $222 / 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 $64 $646,300 $352,700 $293,600
2024 $6,024 $606,600 $330,000 $276,600
2023 $5,916 $567,800 $307,200 $260,600
2022 $5,751 $544,100 $295,800 $248,300
2021 $5,735 $523,700 $295,800 $227,900
2020 $5,537 $501,100 $273,100 $228,000
2019 $5,087 $470,600 $250,300 $220,300
2018 $4,762 $420,300 $207,700 $212,600
2017 $4,676 $396,300 $199,100 $197,200
2016 $4,253 $344,900 $170,700 $174,200
2015 $4,099 $316,300 $162,100 $154,200
2014 -- $302,100 $147,900 $154,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71809098

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000090