NOT LISTED FOR SALE

12 Chestnut Park Unit 14 Melrose, MA 02176

Oak Grove-Pine Banks Neighborhood

Estimated Value: $1,018,000 - $1,121,265

4 Beds
3 Baths
2,890 Sq Ft
$370/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $680,000 $235 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,001/month

7 Days on Market

About This Home

As of December 2017

Located in the heart of suburban Melrose, this two-family Victorian exudes character and pride of ownership. The first-floor unit features 1,720 sf of living space with two bedrooms and two baths. The living room is equipped with pocket doors that lead into the dining room, where french doors and a fireplace add to the ambiance. You’ll also find a large eat-in kitchen, family room with recessed lighting, and a master bedroom with great closet space and a private bath. Beyond the two bedrooms, the convenient bonus room could be used as an office or even a third bedroom. The second-floor unit is 1,170 sf with two bedrooms and one bath. The bright, sunny living room opens to the dining room with built-in cabinetry. One of the appealing features of this unit is the unlimited potential of the walk-up attic, with its 1,185 sf of unfinished space. Both units offer ceiling fans and hardwood floors. This home is close to downtown restaurants, shops, public transportation, and major highways.

Last Listed By

Terri Maffeo

LAER Realty Partners Listed on: 09/27/2017

LAER Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$93

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • Electric: Circuit Breakers
  • Basement: Full
  • Full Bathrooms: 3
  • Total Levels: 2
  • Main Lo: AC0959
  • Main So: BB5817
  • Estimated Sq Ft: 2890.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Apply

Lot Info

  • Zoning: URA
  • Acre: 0.18
  • Lot Size: 7707.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 12
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Lin Siqi and Chen Jingquan
Bought by
Js Legend Llc
Total Days on Market
7
Current Estimated Value
$1,070,566

Purchase Details

Listed on
Sep 27, 2017
Closed on
Dec 22, 2017
Sold by
Bonaiuto Ft
Bought by
Lin Si Q and Chen Jinquan
Seller's Agent
Terri Maffeo
LAER Realty Partners
Buyer's Agent
Karen Regan
Lyv Realty
List Price
$679,900
Sold Price
$680,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$487,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Bonaiuto Dorothy M
Bought by
Bonaiuto Ft

Purchase Details

Closed on
Jul 15, 1968
Bought by
Bonaiuto Rudolph and Bonaiuto Dorothy M

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
Js Legend Llc -- --
Lin Si Q $680,000 --
Bonaiuto Ft -- --
Bonaiuto Rudolph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Si Q $487,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $680,000 0.0% $235 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $679,900 -- $235 / 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 $93 $943,800 $486,700 $457,100
2024 $8,967 $903,000 $472,800 $430,200
2023 $9,175 $880,500 $458,900 $421,600
2022 $8,710 $824,000 $417,200 $406,800
2021 $8,260 $754,300 $389,400 $364,900
2020 $8,283 $749,600 $389,400 $360,200
2019 $7,519 $695,600 $347,700 $347,900
2018 $6,696 $591,000 $299,000 $292,000
2017 $6,396 $542,000 $278,100 $263,900
2016 $6,283 $509,600 $278,100 $231,500
2015 $6,402 $494,000 $264,200 $229,800
2014 $5,868 $441,900 $236,400 $205,500
Source: Public Records

Agents Affiliated with this Home

  • Terri Maffeo

    Seller's Agent in 2017

    Terri Maffeo

    Laer Realty

    (781) 801-3455

    23 Total Sales

    Terri Maffeo
    Section Image
  • Karen Regan

    Buyer's Agent in 2017

    Karen Regan

    Lyv Realty

    (781) 475-0500

    40 Total Sales

    Karen Regan
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72234968

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000130

Massachusetts Middlesex County Melrose 02176 Oak Grove-Pine Banks

12 Chestnut Park Unit 14, Melrose, MA

Homes for Sale in Melrose, MA

This home is located at 12 Chestnut Park Unit 14, Melrose, MA 02176 since 27 September 2017 and is currently estimated at $1,070,566, approximately $370 per square foot. This property was built in 1900. 12 Chestnut Park Unit 14 is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Winthrop Elementary School, and Hoover Elementary School.

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