NOT LISTED FOR SALE

116 Sylvan St Melrose, MA 02176

Oak Grove-Pine Banks Neighborhood

Estimated Value: $681,000 - $792,673

2 Beds
2 Baths
1,821 Sq Ft
2003 Built

Last Sold June 26, 2014

Last sale price $417,000 $229 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,394/month

6 Days on Market

About This Home

As of June 2014

You will love coming home to this meticulously maintained townhouse. The light filled rooms of the first two levels of living space feature gleaming hardwood floors that continue to the second floor. The kitchen offers corian countertops and stainless steel appliances.The second floor features two large bedrooms and a spacious full bath. The master bedroom stretches the width of the property and has double closets. A spacious, much desired family room with gas fireplace & laundry complete the lower level of this home. There is no shortage of storage space as unit has full attic access, plenty of closets & storage in basement. Convenient to public transportation & downtown with fine restaurants & shops. Central air, sprinkler system, security and low condo fee make this property a must see!

Last Agent to Sell the Property

Marjorie Youngren

Coldwell Banker Realty - Lynnfield Listed on: 05/07/2014

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Deborah Heald

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,556

Year Built

2003

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Park, Walk/Jog Trails, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available
  • Bedroom 2: Second Floor, 14X12
  • Bathroom #1: First Floor, 5X8
  • Bathroom #2: Second Floor, 5X9
  • Kitchen: First Floor, 8X9
  • Laundry Room: Basement
  • Living Room: First Floor, 13X16
  • Master Bedroom: Second Floor, 21X12
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Dining Room: First Floor, 14X11
  • Family Room: Basement, 22X21

Exterior Features

  • Exterior: Vinyl
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Condominium Name: Sylvan Heights
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 5
  • Unit Building: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jun 26, 2014
Sold by
Bibby Patricia
Bought by
Ricci Kenneth and Ricci Elizabeth A
Seller's Agent
Marjorie Youngren
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Deborah Heald
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$415,000
Sold Price
$417,000
Premium/Discount to List
$2,000
0.48%
Current Estimated Value
$737,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,918
Avg. Annual Appreciation
5.76%
Original Mortgage
$100,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Herrick Karen A and Herrick Walter R
Bought by
Bibby Patricia M

Purchase Details

Closed on
Apr 5, 2003
Sold by
Sylvan Hts Llc
Bought by
Herrick Walter R and Herrick Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ricci Kenneth $417,500 --
Bibby Patricia M $379,000 --
Herrick Walter R $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ricci Kenneth $100,000
Previous Owner Bibby Patricia M $80,000
Previous Owner Herrick Karen A $100,000
Previous Owner Herrick Walter R $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $417,000 +0.5% $229 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $415,000 -- $228 / 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 $5,556 $561,200 $0 $561,200
2024 $5,514 $555,300 $0 $555,300
2023 $5,633 $540,600 $0 $540,600
2022 $5,496 $520,000 $0 $520,000
2021 $5,727 $523,000 $0 $523,000
2020 $5,778 $522,900 $0 $522,900
2019 $5,324 $492,500 $0 $492,500
2018 $5,166 $456,000 $0 $456,000
2017 $4,839 $410,100 $0 $410,100
2016 $4,805 $389,700 $0 $389,700
2015 $4,495 $346,800 $0 $346,800
2014 $4,470 $336,600 $0 $336,600
Source: Public Records

Agents Affiliated with this Home

  • Marjorie Youngren

    Seller's Agent in 2014

    Marjorie Youngren

    Coldwell Banker Realty - Lynnfield

    (781) 580-9357

    170 Total Sales

    Marjorie Youngren
    Section Image
  • Deborah Heald

    Buyer's Agent in 2014

    Deborah Heald

    Coldwell Banker Realty - Andovers/Readings Regional

    (617) 413-9084

    1 in this area

    19 Total Sales

    Deborah Heald
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71676364

MLS Property Information Network (MLS PIN)

APN: MELR-000004D-000000-006116A

Massachusetts Middlesex County Melrose 02176 Oak Grove-Pine Banks

116 Sylvan St, Melrose, MA

This home is located at 116 Sylvan St, Melrose, MA 02176 since 07 May 2014 and is currently estimated at $737,918, approximately $405 per square foot. This property was built in 2003. 116 Sylvan St is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Hoover 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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