NOT LISTED FOR SALE

Estimated Value: $796,000 - $846,000

4 Beds
2 Baths
1,800 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $725,000 $403 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,581/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • No HOA
  • Roosevelt Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Dunton Park

About This Home

As of December 2023

Welcome to 12 Albion St, Melrose MA. This fully renovated modern home offers a beautiful condominium alternative with convenient access to various amenities. The main living level boasts refined details, including smooth plastered walls and ceilings, enhanced by recessed lighting, and a fully renovated bathroom. The stunning kitchen is equipped with gleaming stainless steel appliances, quartz countertop, and high-end cabinets while the spacious living room is ideally suited for gatherings and maintains an open, inviting atmosphere. Enhanced by brand-new hardwood flooring throughout, this house exudes a sense of timeless elegance and contemporary allure. Additionally, the first-floor bedroom/office provides versatile space to meet your specific needs. Upstairs, you'll find three additional bedrooms, alongside another fully renovated bathroom. With everything already taken care of, all that's left is moving in and creating cherished memories.

Last Agent to Sell the Property

Suraj Tamrakar

GR8 Real Estate LLC Listed on: 10/20/2023

Co-Listed By

Sandeep Basnet

GR8 Real Estate LLC

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,773

Year Built

  • Built in 1880

Lot Details

  • 2,396 Sq Ft Lot
  • Near Conservation Area
  • Property is zoned URB

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Flooring
  • Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Basement

  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction
  • Laundry in Basement

Parking

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

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Apply Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 220 Volts
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 658700

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,773

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Kitchen Level: First
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Basement: Interior Entry, Dirt Floor, Concrete
  • Living Area: 1800
  • Spa YN: No
  • MAIN LO: AN7892
  • LIST PRICE PER Sq Ft: 388.33
  • PRICE PER Sq Ft: 402.78
  • MAIN SO: G62122

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Conservation Area, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 658700
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2396
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 414
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4773
  • Tax Book Number: 81180

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 13, 2023
Sold by
Manandhar Suraj and Basnet Sandeep
Bought by
Sathi Properties Llc
Seller's Agent
Suraj Tamrakar
GR8 Real Estate LLC
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Total Days on Market
5
Views
553
Current Estimated Value
$818,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,785
Avg. Annual Appreciation
8.39%
Original Mortgage
$500,000
Outstanding Balance
$494,083
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,702

Purchase Details

Closed on
Jul 10, 2014
Sold by
Chadsey Clinton J and Chadsey Carolyn J
Bought by
Chadsey Derek M and Soucy Jill E

Purchase Details

Closed on
May 6, 1977
Bought by
Chadsey Clinton J and Chadsey Carolyn J
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
Sathi Properties Llc -- None Available
Chadsey Derek M -- --
Chadsey Clinton J $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Yong I $500,000
Previous Owner Manandhar Suraj $489,250
Previous Owner Chadsey Clinton J $95,000
Previous Owner Chadsey Clinton J $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $725,000 +3.7% $403 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $699,000 +35.7% $388 / Sq Ft
01/20/2023 01/20/23 Sold $515,000 +5.1% $376 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $489,900 -- $358 / 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 $72 $727,900 $285,100 $442,800
2024 $4,937 $497,200 $276,700 $220,500
2023 $4,773 $458,100 $251,600 $206,500
2022 $4,762 $450,500 $251,600 $198,900
2021 $4,615 $421,500 $234,800 $186,700
2020 $4,381 $396,500 $209,700 $186,800
2019 $3,949 $365,300 $193,700 $171,600
2018 $3,939 $347,700 $176,100 $171,600
2017 $3,809 $322,800 $167,700 $155,100
2016 $3,672 $297,800 $163,500 $134,300
2015 $3,490 $269,300 $142,600 $126,700
2014 $3,353 $252,500 $125,800 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73172488

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000038