$459,000
SOLD NOV 7, 2016

12 Melrose St Unit 1 Boston, MA 02116

1 Bed
1 Bath
406 Sq Ft
436 Sq Ft Lot

Recently Sold

$1,131 Per Sq Ft

2% Above List Price

12 Days on Market

About This Home

As of May 2018

Brand new completely rebuilt and renovated chic one bedroom condo on charming Melrose Street in the heart of Boston's Historic Bay Village. This pristine, pet friendly hidden gem has granite counter tops, brand new appliances, hardwood floors, a modern bath with walk in shower, fire place, and custom bedroom closet with built in drawers. Both the sunny private patio, perfect for relaxation and unwinding, and LOW condo fees are rare finds in the city. Centrally located steps from the Public Gardens, theaters, restaurants, Back Bay, Beacon Hill, South End, universities, hospitals, public transportation & routes I90 & I93. A walk score of 98% & transit score of 100%.

Last Agent to Sell the Property

William Raye

William Raveis R.E. & Home Services Listed on: 09/15/2016

William Raveis R.E. & Home Services

Last Buyer's Agent

Frank Celeste

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,283

Year Built

1837

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Ground
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1837

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Insulation: Full
  • Interior Amenities: Cable Available, Intercom
  • No Living Levels: 1

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Patio - Enclosed

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heating: Electric Baseboard
  • Heat Zones: 3
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: City

Condo/Co-op/Association

  • Condominium Name: 12 Melrose Street Condominium
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance
  • Association Security: Intercom
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 5
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: 0500177000
  • Zoning: Residental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 17, 2018
Sold by
Smith Thomas
Bought by
Morrissey James L
Seller's Agent
Ryan Glass
Gibson Sotheby's International Realty
Buyer's Agent
Mike Preston
Aura Realty Advisors
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%
Current Estimated Value
$648,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,087
Avg. Annual Appreciation
3.04%
Original Mortgage
$400,000
Outstanding Balance
$346,618
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$283,691

Purchase Details

Listed on
Sep 15, 2016
Closed on
Nov 7, 2016
Sold by
Catlin Sherry
Bought by
Smith Thomas
Seller's Agent
William Raye
William Raveis R.E. & Home Services
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$449,000
Sold Price
$459,000
Premium/Discount to List
$10,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
Nov 13, 2014
Closed on
Dec 19, 2014
Sold by
Duclion Jeannette T and Duclion Jean L
Bought by
Catlin Sherry
Seller's Agent
Lucas Garofalo
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Lucas Garofalo
Keller Williams Realty Boston-Metro | Back Bay
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.41%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Roseman Mark K
Bought by
Louis-Duclion Jean and Duclion Jeannette T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1988
Sold by
Llewellyn James
Bought by
Roseman Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
10.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $506,000 --
Not Resolvable $459,000 --
Not Resolvable $270,000 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $88,000 --
Deed $93,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $45,000 Purchase Money Mortgage
Previous Owner $74,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $506,000 +1.4% $1,246 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $499,000 +8.7% $1,229 / Sq Ft
11/07/2016 11/07/16 Sold $459,000 +2.2% $1,131 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $449,000 +66.3% $1,106 / Sq Ft
12/19/2014 12/19/14 Sold $270,000 +8.0% $665 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $250,000 -- $616 / 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 $5,283 $456,200 $0 $456,200
2024 $4,804 $440,700 $0 $440,700
2023 $4,593 $427,700 $0 $427,700
2022 $4,431 $407,300 $0 $407,300
2021 $4,346 $407,300 $0 $407,300
2020 $4,080 $386,400 $0 $386,400
2019 $3,956 $375,300 $0 $375,300
2018 $3,711 $354,100 $0 $354,100
2017 $800 $334,200 $0 $334,200
2016 $3,199 $290,800 $0 $290,800
2015 $3,288 $271,500 $0 $271,500
2014 $3,135 $249,200 $0 $249,200
Source: Public Records

Agents Affiliated with this Home

  • Ryan Glass

    Seller's Agent in 2018

    Ryan Glass

    Gibson Sothebys International Realty

    (617) 721-2143

    153 Total Sales

    Ryan Glass
    Section Image
  • Mike Preston

    Buyer's Agent in 2018

    Mike Preston

    Aura Realty Advisors

    (617) 590-0448

    24 Total Sales

    Mike Preston
    Section Image
  • William Raye

    Seller's Agent in 2016

    William Raye

    William Raveis R.E. & Home Services

    (617) 953-7959

    21 Total Sales

    William Raye
    Section Image
  • Frank Celeste

    Buyer's Agent in 2016

    Frank Celeste

    Gibson Sothebys International Realty

    (617) 872-3227

    481 Total Sales

    Frank Celeste
    Section Image
  • Lucas Garofalo

    Seller's Agent in 2014

    Lucas Garofalo

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 542-0012

    31 Total Sales

    Lucas Garofalo
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72067698

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-000177-000002

Massachusetts Suffolk County Boston 02116

12 Melrose St Unit 1, Boston, MA

This home is located at 12 Melrose St Unit 1, Boston, MA 02116 and is currently priced at $459,000, approximately $1,130 per square foot. This property was built in 1837. 12 Melrose St Unit 1 is a home located in Suffolk County with nearby schools including Park Street School, Advent School, and Kingsley Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes