NOT LISTED FOR SALE

1117 Main St Unit 1119 Melrose, MA 02176

Horace Mann Neighborhood

Estimated Value: $954,000 - $1,037,394

5 Beds
2 Baths
2,530 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $725,000 $287 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,520/month

23 Days on Market

About This Home

As of November 2019

Owner occupant or Investors, here is an opportunity to move into Melrose. Perfect for Condo conversion. New roof installed in 2017, Two brand new High Efficiency Gas Heating systems and Water Heaters. Both units have Hard wood floors throughout. First floor unit was totally renovated in 2006 and is rented for $1,850, Lease ends 07/31/20. Second floor Unit has just been updated with a new Bathroom, New Kitchen with Ceramic tiles, Granite counter tops and Stainless Steel appliances. Both Units have built in china Cabinets and separate Laundry rooms off the kitchens. This is a commuters dream as its located right on the Malden Reading Bus stop. A short bus ride to Oak grove Station and Wakefield Center. Corner lot and comes two Car Garage and up to six off street parking spaces.

Last Listed By

Sam Kiwanuka

Cameron Real Estate Group Listed on: 09/25/2019

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $85

Year Built

  • Built in 1900

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:D14 P:0000029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$85

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 296.40
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AC0756
  • Main So: AN4456
  • Estimated Sq Ft: 2530.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, Public School
  • Hea Common: Gas

Schools

  • Elementary School: Horace Mann Ele
  • Middle School: Melrose Middle
  • High School: Melrose High

Lot Info

  • Assessments: 548000.00
  • Acre: 0.13
  • Lot Size: 5853.00
  • Page: 409
  • Parcel Number: M:D14 P:0000029
  • Zoning: URA
  • Lot Description: Corner

Multi Family

  • Total Levels: 3
  • Total Rent: 1850
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5924.00
  • Assessor Parcel Number: 659899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Nov 26, 2019
Sold by
Kiwanuka Samuel
Bought by
Zhan Han B
Seller's Agent
Sam Kiwanuka
Cameron Real Estate Group
Buyer's Agent
Joseph Guilderson
Advise Realty
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%
Total Days on Market
23
Current Estimated Value
$984,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,849
Avg. Annual Appreciation
4.56%
Original Mortgage
$580,000
Outstanding Balance
$522,408
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$404,674

Purchase Details

Closed on
Oct 23, 2012
Sold by
Servideo Paul A
Bought by
Kiwanuka Samuel

Purchase Details

Closed on
Feb 14, 2006
Sold by
Mahoney Anna Marie and Mahoney Arthur W
Bought by
Kiwanuka Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2001
Sold by
Spagnuolo Gerardo
Bought by
Mahoney Arthur W and Mahoney Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1995
Sold by
Williams William J
Bought by
Spagnuolo Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1990
Sold by
Carroll 3D Walter J
Bought by
Williams Wm J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,375
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Zhan Han B $725,000 --
Kiwanuka Samuel -- --
Kiwanuka Samuel $440,000 --
Mahoney Arthur W $309,000 --
Spagnuolo Gerardo $172,000 --
Williams Wm J $203,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhan Han B $580,000
Previous Owner Servideo Paul A $411,688
Previous Owner Servideo Paul A $77,192
Previous Owner Kiwanuka Samuel $352,000
Previous Owner Kiwanukar Samuel $88,000
Previous Owner Mahoney Arthur W $300,000
Previous Owner Mahoney Arthur W $300,000
Previous Owner Williams Wm J $293,550
Previous Owner Williams Wm J $137,600
Previous Owner Williams Wm J $183,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $725,000 -3.3% $287 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $749,900 -- $296 / 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 $85 $859,400 $401,300 $458,100
2024 $8,031 $808,800 $375,500 $433,300
2023 $8,039 $771,500 $349,600 $421,900
2022 $7,875 $745,000 $336,600 $408,400
2021 $7,467 $681,900 $323,700 $358,200
2020 $6,293 $569,500 $297,800 $271,700
2019 $5,924 $548,000 $284,800 $263,200
2018 $5,505 $485,900 $236,300 $249,600
2017 $5,358 $454,100 $226,600 $227,500
2016 $4,967 $402,800 $200,700 $202,100
2015 $5,203 $401,500 $200,700 $200,800
2014 $4,864 $366,300 $184,500 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72570763

MLS Property Information Network (MLS PIN)

APN: MELR-000014D-000000-000029