NOT LISTED FOR SALE

Estimated Value: $912,493 - $1,004,000

6 Beds
2 Baths
2,128 Sq Ft
$458/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $915,000 $430 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,452/month

7 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Winthrop Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2023

Don’t miss out on this 2-family home, (5/7 rooms- 2/4BR, 2 bath) in a great neighborhood. This home has great character, style, ideally located close to commuter rail, city busses downtown Melrose and the Middlesex Fells hiking trails. This property has endless potential. Both units are very spacious with eat-in kitchens, ample cabinet space, dining areas, separate laundries, and plenty of storage. First floor unit offers 2 bedrooms and 1 bathroom with second floor unit offering 4 bedrooms and 1 bathroom. 2nd floor has sliding door leading to an oversized deck. Newly built deck off first floor (2022). 8 parking spaces for owners and tenants, partially fenced-in yard. Comes with detached 2 car garage. Great opportunity for owner occupancy, in-law or rental.

Last Agent to Sell the Property

Catherine Johnston

Boardwalk Real Estate Listed on: 06/29/2023

Last Buyer's Agent

Rebecca Ouimette

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1930

Lot Details

  • 6,325 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Partially Finished Basement
  • Block Basement Construction
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hoover Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Heating Available
  • 100 Amp Service
  • 60 Amp Service

Listing and Financial Details

  • Total Actual Rent $3,950
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 655658

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,631

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 2(Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Partially Finished, Concrete
  • Living Area: 2128
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: B30601
  • LIST PRICE PER Sq Ft: 398.45
  • PRICE PER Sq Ft: 429.98
  • MAIN SO: AN7396

Exterior Features

  • Exterior Features: Porch,Deck, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Radiators,Oil,Gas), Unit 2(Hot Water Radiators)
  • Electric: 60 Amps/Less, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 655658
  • Zoning: 2 Family
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6325
  • Lot Size Units: Acres
  • PAGE: 408
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7631
  • Tax Book Number: 28304

Multi Family

  • Gross Income: 47400
  • Net Operating Income: 47400
  • Number Of Units Total: 2
  • Total Actual Rent: 3950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Melrose High
  • Elementary School: Hoover
  • Middle Or Junior School: Melrose Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 1996
Sold by
Prendergast John R and Prendergast Noreen M
Bought by
Prendergast John P and Morahan Deborah
Total Days on Market
7
Current Estimated Value
$974,623
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 Buyer Sale Price Title Company
Prendergast John P $210,000 --
Prendergast John P $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 106-108 Whitman Hm Llc $966,000
Closed Prendergast Deborah M $470,000
Closed Prendergast Deborah M $425,000
Closed Prendergast John P $300,000
Closed Prendergast John P $80,000
Closed Prendergast John P $239,000
Closed Prendergast Deborah M $250,000
Closed Prendergast Deborah M $235,000
Closed Prendergast Deborah $40,000
Closed Prendergast Deborah M $220,000
Closed Prendergast Deborah M $193,000
Closed Prendergast John P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $915,000 +7.9% $430 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $847,900 -- $398 / 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 $82 $826,800 $479,500 $347,300
2024 $7,475 $752,800 $465,800 $287,000
2023 $7,631 $732,300 $452,100 $280,200
2022 $7,209 $682,000 $411,000 $271,000
2021 $6,847 $625,300 $383,600 $241,700
2020 $6,880 $622,600 $383,600 $239,000
2019 $6,203 $573,800 $342,500 $231,300
2018 $5,870 $518,100 $294,500 $223,600
2017 $5,690 $482,200 $274,000 $208,200
2016 $5,667 $459,600 $274,000 $185,600
2015 $5,579 $430,500 $260,300 $170,200
2014 $5,353 $403,100 $232,900 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73130702

MLS Property Information Network (MLS PIN)

APN: MELR-000006E-000000-000051