$270,000
SOLD DEC 19, 2014

12 Melrose St Unit 1 Boston, MA 02116

1 Bed
1 Bath
406 Sq Ft
436 Sq Ft Lot

Recently Sold

$665 Per Sq Ft

8% Above List Price

7 Days on Market

About This Home

As of May 2018

Attention investors, first-time and pied-a-terre home buyers. Now here's a deal! A sweet 1 bed in coveted Bay Village/South End of Boston. And with its own private patio! Here's your chance to buy in a hidden neighborhood of classic row houses where the average sale price is $932,000. Bay Village is nestled behind Park Square. An oasis in the heart of the city. Steps to South End, Back Bay, Theater District, restaurants and transportation. Wide open floor plan. Kitchen with new dishwasher and breakfast bar overlooking living/dining with decorative fireplace. Full white tile bath. Gleaming hardwoods. Common washer/dryer outside your door. And sliders opening to large private patio. Pet friendly. Discounted rates on rental garage parking 2 blocks away. Just $250 per month at the Revere Hotel. Recently this home rented for $1,350 per month plus utilities. Now vacant. Minimum 20% to 25% down payment required. Offers due by 11 AM Weds 11/19/14. Contact agent for offer instructions

Last Agent to Sell the Property

Lucas Garofalo

Keller Williams Realty Boston-Metro | Back Bay Listed on: 11/13/2014

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Lucas Garofalo

Keller Williams Realty Boston-Metro | Back Bay Listed on: 11/13/2014

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,283

Year Built

1837

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1837

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station, University
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available

Exterior Features

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

Garage/Parking

  • Parking: Rented
  • Parking Spaces: 1

Utilities

  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 5
  • Unit Building: 1

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
2.86%
Original Mortgage
$400,000
Outstanding Balance
$346,618
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$275,608

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:

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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 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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71768314

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-000177-000002