NOT LISTED FOR SALE

Estimated Value: $557,000 - $593,000

2 Beds
2 Baths
960 Sq Ft
$603/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $517,000 $539 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,256/month

About This Home

As of February 2021

Private and convenient one level living 2 bedrooms, 1.5 baths condo renovated in 2017. First floor, end unit in the middle of downtown Melrose! Bright and sunny eat-in kitchen w/ white cabinetry, stainless steel appliances, and granite countertops. Access private deck from living room through French doors, perfect for entertaining guests. This exceptional space is constructed wisely with high ceilings, central heat and AC, in-unit laundry, spacious closets w/ built-in shelving, and additional storage space in the basement. Enjoy the fenced-in common yard with a patio and fire pit or enjoy a night out on the town at Melrose’s lively downtown boutiques, restaurants & dynamic cultural activities. Close to I-93, Route 1, as well as buses and trains, and easily get to the Middlesex Fells Reservation. Overnight parking available in municipal lots within walking distance. No pets or smoking. Available June 1st.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Feb 5, 2021
Sold by
Sandlin Timothy and Sandlin Rebecca
Bought by
Reese Sherri
Seller's Agent
Nikki Martin
Compass
Buyer's Agent
Andersen Group Realty
Keller Williams Realty Boston Northwest
List Price
$489,900
Sold Price
$517,000
Premium/Discount to List
$27,100
5.53%
Current Estimated Value
$579,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,217
Avg. Annual Appreciation
2.67%
Original Mortgage
$258,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Reese Sherri $517,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reese Sherri $258,500
Previous Owner Sandlin Rebecca $342,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2024 05/04/24 Rented $2,600 +4.0% --
04/29/2024 04/29/24 For Rent $2,500 +8.7% --
06/15/2021 06/15/21 Rented $2,300 0.0% --
06/10/2021 06/10/21 Under Contract -- -- --
06/01/2021 06/01/21 For Rent $2,300 0.0% --
02/11/2021 02/11/21 Sold $517,000 +5.5% $539 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/12/2020 12/12/20 For Sale $489,900 +34.4% $510 / Sq Ft
07/07/2017 07/07/17 Sold $364,500 +5.7% $380 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $344,900 -- $359 / Sq Ft

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 $50 $501,100 $0 $501,100
2024 $4,926 $496,100 $0 $496,100
2023 $5,018 $481,600 $0 $481,600
2022 $4,431 $419,200 $0 $419,200
2021 $4,468 $408,000 $0 $408,000
2020 $4,508 $408,000 $0 $408,000
2019 $4,167 $385,500 $0 $385,500
2018 $4,080 $360,100 $0 $360,100
Source: Public Records

Agents Affiliated with this Home

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