NOT LISTED FOR SALE

Estimated Value: $1,017,907 - $1,119,000

6 Beds
2 Baths
3,420 Sq Ft
$315/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $925,000 $270 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,730/month

1 Day on Market

About This Home

As of December 2021

Charming 2-family on the Stoneham/Melrose line, Colonial Park School district. Both units have a wide open floor plan with a large living room, dining room and kitchen on the first floor. On the second floor, each unit has 3 bedrooms plus an office and a bathroom. There is beautiful natural woodwork, wainscoting and coffered ceilings throughout. Each unit has one garage and one outside parking spot. Great opportunity for a family to move right in and collect a nice rental income. A great commuter spot w/easy access to Routes 95 & 93, and a short ways to commuter rail at Melrose Highlands & Orange Line to Oak Grove. Enjoy the offerings that both the city of Melrose and town of Stoneham have to offer with Trader Joe’s on one end and Stop & Shop on the other, plus a variety of restaurants for eating out. Close to train, bus, schools & Whip Hill Park. Offers due Sunday at 5PM. Open houses Friday 5-7:30, Saturday 11:15-1:15, and Sunday 12:30-2:30. Offers due by Sunday at 5PM.

Last Agent to Sell the Property

Eric Glassoff

Coldwell Banker Realty - Brookline Listed on: 11/05/2021

Coldwell Banker Realty - Brookline

Last Buyer's Agent

Jeremy Xue

StartPoint Realty License #449587736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,748

Year Built

  • 1900

Lot Details

  • 6,970

Parking

  • 2

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,748

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Franklin Street on Melrose/Stoneham Line
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Utility Connections for Gas Range
  • Has Basement: Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 252.34
  • PRICE PER Sq Ft: 270.47
  • MAIN SO: H95120
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Hardwood
  • Stories: 4

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Concrete Perimeter
  • Fencing: Fenced
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station

Lot Info

  • LOT SIZE: 6855
  • PAGE: 82
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6969.6
  • Zoning: RA

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7196
  • Tax Book Number: 30843
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Zheng Ji and Cai Xinhui
Bought by
Commonrichma Llc
Current Estimated Value
$1,077,227
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
Commonrichma Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cugini Ft $38,000
Previous Owner Cugini Christine $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $925,000 +7.2% $270 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $863,000 -- $252 / 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 $8,748 $855,100 $350,100 $505,000
2024 $8,763 $827,500 $322,500 $505,000
2023 $8,641 $778,500 $294,800 $483,700
2022 $7,115 $683,500 $276,400 $407,100
2021 $7,196 $665,100 $258,000 $407,100
2020 $6,927 $642,000 $253,600 $388,400
2019 $6,484 $577,900 $243,600 $334,300
2018 $6,118 $522,500 $201,100 $321,400
2017 $5,803 $468,400 $201,100 $267,300
2016 $5,470 $430,700 $188,000 $242,700
2015 $5,395 $416,300 $188,000 $228,300
2014 $5,218 $386,800 $179,200 $207,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72916917

MLS Property Information Network (MLS PIN)

APN: STON-000003-000000-000100