Seller's Agent in 2015
Alison Socha
Leading Edge Real Estate
(781) 983-9326
9 in this area
259 Total Sales
11 Grove St Unit 11A Melrose, MA 02176
Wyoming NeighborhoodEstimated Value: $762,000 - $906,000
4
Beds
2
Baths
1,816
Sq Ft
$471/Sq Ft
Est. Value
About This Home
As of December 2015Location and updates make this two family property a score for the savvy investor. Each unit hosts a living room, kitchen, two bedrooms and full bath, with kitchens and baths updated in both units. Ample parking plus nice outdoor space for recreation and respite. Steps to Wyoming commuter rail stop and bus to Oak Grove, plus a short jaunt to Melrose's thriving downtown, YMCA, Public Library, Fells and more. Separate forced hot air gas heating systems and gas hot water tanks. Property is being delivered vacant.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$72
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Easements, Shared Drive
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 8
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Electric: Circuit Breakers
- Flooring: Tile, Vinyl, Hardwood, Other (See Remarks)
- Basement: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Tandem
- Parking Spaces: 4
Utilities
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Schools
- Elementary School: Apply
- Middle School: Mvmms
- High School: Mhs
Lot Info
- Zoning: BA1
Multi Family
- Foundation: 27x26+13x1
- Heat Units: 2
- Total Bedrooms: 4
- Total Floors: 3
- Total Full Baths: 2
- Total Levels: 2
- Total Rms: 8
- Total Rent_1: 2400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2015
Closed on
Dec 31, 2015
Sold by
Amar Rt
Bought by
Chau Lauren Y and Diep Dao
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Shawn Hansen
Century 21 North East
List Price
$385,000
Sold Price
$407,000
Premium/Discount to List
$22,000
5.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,195
Avg. Annual Appreciation
8.10%
Original Mortgage
$250,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2007
Sold by
Nuytkens Margaret
Bought by
Amar Rt and Nuytkens Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chau Lauren Y | $407,000 | -- | |
| Amar Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diep Dao | $230,000 | |
| Closed | Chau Lauren Y | $250,000 | |
| Previous Owner | Amar Rt | $61,800 | |
| Previous Owner | Amar Rt | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2015 12/31/15 | Sold | $407,000 | +5.7% | $224 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | For Sale | $385,000 | -- | $212 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $72 | $724,000 | $410,200 | $313,800 |
| 2024 | $6,759 | $680,700 | $383,700 | $297,000 |
| 2023 | $6,728 | $645,700 | $357,200 | $288,500 |
| 2022 | $6,589 | $623,400 | $344,000 | $279,400 |
| 2021 | $6,428 | $587,000 | $344,000 | $243,000 |
| 2020 | $6,160 | $557,500 | $317,500 | $240,000 |
| 2019 | $5,658 | $523,400 | $291,100 | $232,300 |
| 2018 | $5,282 | $466,200 | $241,500 | $224,700 |
| 2017 | $5,150 | $436,400 | $231,500 | $204,900 |
| 2016 | $4,703 | $381,400 | $198,500 | $182,900 |
| 2015 | $4,798 | $370,200 | $188,500 | $181,700 |
| 2014 | $4,470 | $336,600 | $172,000 | $164,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2015
Shawn Hansen
Century 21 North East
(781) 395-2121
1 in this area
42 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71930809
APN: MELR-000006C-000000-000023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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