NOT LISTED FOR SALE

Estimated Value: $545,000 - $608,000

2 Beds
2 Baths
1,168 Sq Ft
$351/mo HOA Fee

Last Sold May 06, 2021

Last sale price $468,000 $401 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,406/month

5 Days on Market

Highlights

  • Intercom
  • 4-minute walk to Wyoming Hill
  • Laundry Facilities
  • Lincoln Elementary School Rated A-
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of May 2021

Easy living in Melrose is here! Enjoy the perfect layout of this beautifully refreshed home with two large bedrooms, updated baths, new flooring, and modern colors. The spacious living and dining rooms are perfect for entertaining while the large kitchen inspires creativity. The primary bedroom with its own bathroom and giant walk in closet is a wonderful surprise. The rest of the building is just as delightful with each floor having its own laundry area, secure garage parking, and package delivery. The well-managed association is undertaking a major renovation project that is bound to please. Imagine relaxing on your covered porch with lovely views of main street, hiking in the nearby Fells, hopping into downtown Melrose for a quick coffee, or having an easy commute into Boston via nearby Oak Grove or the Wyoming Commuter Rail station. Live the life you want! Join us at one of the open houses Saturday 11-12:30 or Monday 5:30-6:30. Offers due 4/6 at noon.

Last Agent to Sell the Property

Kristin Weekley

Leading Edge Real Estate Listed on: 04/02/2021

Last Buyer's Agent

Wayne Terrio

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44

Year Built

  • Built in 1980

Lot Details

  • Year Round Access

HOA Fees

  • $351 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$44

Year Built

Built in 1980

Lot Details

0

HOA Fees

$351 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 380.99
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Year Round: Yes
  • Unit Building: 38
  • Unit Level: 3
  • Unit Placement: Upper, Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Vinyl, Laminate
  • Interior Amenities: Intercom
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 12'0X17'4, Closet - Walk-in, Flooring - Laminate
  • Bedroom 2: On Level: First Floor, Dimension: 11'8X13'5, Closet/Cabinets - Custom Built, Flooring - Laminate
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 4'6X8'5, Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl
  • Bathroom 2: On Level: First Floor, Dimension: 10X5, Bathroom - With Shower Stall, Closet - Linen, Flooring - Vinyl
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 13'2X13'2, Flooring - Laminate, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 12'4X9, Flooring - Stone/Ceramic Tile
  • Laundry Features: In Building
  • Living Room: On Level: First Floor, Dimension: 21'4X16'4, Flooring - Laminate, Balcony / Deck, Balcony - Exterior, Main Level, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: AN4643
  • Main So: AN6181
  • Estimated Sq Ft: 1168.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame, Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Exterior Unit Features: Covered Patio/Deck

Garage/Parking

  • Garage Parking: Under, Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship
  • HOA Fees: 351.36
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Mount Vernon Condominium

Lot Info

  • Assessments: 330000.00
  • Page: 36
  • Zoning: URC

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3646.50
  • Assessor Parcel Number: 653736
  • Tax Year: 2020

Multi Family

  • No Units: 30
  • No Units Owner Occ: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 6, 2021
Sold by
Wayshville Peter M and Wayshville Jennifer M
Bought by
Lee Chris
Seller's Agent
Kristin Weekley
Leading Edge Real Estate
Buyer's Agent
Wayne Terrio
Coldwell Banker Realty - Cambridge
List Price
$445,000
Sold Price
$468,000
Premium/Discount to List
$23,000
5.17%
Total Days on Market
5
Current Estimated Value
$574,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,864
Avg. Annual Appreciation
5.15%
Original Mortgage
$361,600
Outstanding Balance
$332,533
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,517

Purchase Details

Closed on
Dec 17, 2018
Sold by
Hickey George S
Bought by
Wayshville Jennifer M and Wayshville Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,862
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Dow Charles M
Bought by
Hickey George S

Purchase Details

Closed on
Jun 14, 1996
Sold by
Cefalo Stephen R
Bought by
Dow Charles M

Purchase Details

Closed on
Oct 1, 1992
Sold by
Cefalo Norma
Bought by
Cefalo Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Lee Chris $468,000 None Available
Wayshville Jennifer M $335,000 --
Hickey George S $325,000 --
Dow Charles M $131,000 --
Cefalo Stephen R $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Chris $361,600
Previous Owner Wayshville Jennifer M $340,862
Previous Owner Cefalo Stephen R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $468,000 +5.2% $401 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $445,000 -- $381 / 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 $44 $447,800 $0 $447,800
2024 $4,314 $434,400 $0 $434,400
2023 $4,402 $422,500 $0 $422,500
2022 $4,290 $405,900 $0 $405,900
2021 $3,614 $330,000 $0 $330,000
2020 $3,647 $330,000 $0 $330,000
2019 $3,679 $340,300 $0 $340,300
2018 $3,796 $335,000 $0 $335,000
2017 $3,974 $336,800 $0 $336,800
2016 $3,632 $294,600 $0 $294,600
2015 $3,319 $256,100 $0 $256,100
2014 $2,967 $223,400 $0 $223,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72807738

MLS Property Information Network (MLS PIN)

APN: MELR-000005C-000000-000039-000038