Seller's Agent in 2025
Bill Aibel
Coldwell Banker Realty - Cambridge
(617) 840-6351
1 in this area
80 Total Sales
121 Myrtle St Melrose, MA 02176
Downtown Melrose Neighborhood
4
Beds
2
Baths
2,333
Sq Ft
6,808
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- Shops
- Lincoln Elementary School Rated A-
- Enclosed Patio or Porch
- Garden
About This Home
As of August 2025Rare Melrose Two-Family property in a prime downtown location close to Melrose Center, the Cedar Park Commuter rail and the Orange Line, schools, shops and restaurants. Great opportunity to break into the Melrose market- live in one unit and rent the other or house your extended family. A classic entry leads you to two spacious apartments with five rooms each. Both apartments have 2 generous bedrooms. The first floor has a separate dining room. The upstairs kitchen is "eat-in." The upper unit has additional space on the top floor. Kitchens and baths are older but very functional. A direct-entry garage and ample driveway parking. A large, fully fenced and private back yard with mature plantings, flowering plants and patio create an oasis surrounded by greenery and yet you are minutes from downtown. Newer roof (2023). The updated gas-fired, high efficiency heat/hot water system is common to both units. This home is ready for its next chapter and will be delivered vacant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,085
Year Built
- Built in 1850
Lot Details
- 6,808 Sq Ft Lot
- Fenced
- Level Lot
- Garden
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,333 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
- Block Basement Construction
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit
Utilities
- 1 Heating Zone
- Separate Meters
Community Details
- 2 Units
- Shops
Listing and Financial Details
- Assessor Parcel Number M:0C8 P:0000126,654264
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Aug 6, 2025
Sold by
Driscoll Kerry R and Oneil Kimberley J
Bought by
Gao Xi
Seller's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
Buyer's Agent
ZhiChao Chen
Space Realty
List Price
$875,000
Sold Price
$930,000
Premium/Discount to List
$55,000
6.29%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.73%
Original Mortgage
$744,000
Outstanding Balance
$744,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$128,276
Purchase Details
Listed on
Jun 25, 2025
Closed on
Aug 5, 2025
Sold by
Oneil Ft and Driscoll
Bought by
Driscoll Kerry R and Oneil Kimberley J
Seller's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
Buyer's Agent
ZhiChao Chen
Space Realty
List Price
$875,000
Sold Price
$930,000
Premium/Discount to List
$55,000
6.29%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Outstanding Balance
$744,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$128,276
Purchase Details
Closed on
Jun 20, 2016
Sold by
Driscoll Kerry R and Oneil Kimberley J
Bought by
Oneil Ft
Purchase Details
Closed on
Dec 3, 1993
Sold by
Libby Mary J and Macinnis Edward F
Bought by
Oneil Janis M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $930,000 | -- | |
| Deed | $930,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $170,000 | -- | |
| Deed | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $744,000 | New Conventional | |
| Closed | $744,000 | New Conventional | |
| Previous Owner | $70,000 | No Value Available | |
| Previous Owner | $136,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $930,000 | +6.3% | $399 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $875,000 | -- | $375 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,085 | $715,700 | $426,900 | $288,800 |
| 2024 | $6,662 | $670,900 | $399,400 | $271,500 |
| 2023 | $6,643 | $637,500 | $371,800 | $265,700 |
| 2022 | $6,494 | $614,400 | $358,100 | $256,300 |
| 2021 | $6,301 | $575,400 | $344,300 | $231,100 |
| 2020 | $6,020 | $544,800 | $316,700 | $228,100 |
| 2019 | $5,656 | $523,200 | $303,000 | $220,200 |
| 2018 | $5,253 | $463,600 | $251,300 | $212,300 |
| 2017 | $5,107 | $432,800 | $241,000 | $191,800 |
| 2016 | $4,706 | $381,700 | $213,500 | $168,200 |
| 2015 | $4,931 | $380,500 | $213,500 | $167,000 |
| 2014 | $4,588 | $345,500 | $196,200 | $149,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Aibel
-
ZhiChao Chen
Buyer's Agent in 2025
ZhiChao Chen
Space Realty
(917) 376-6662
2 in this area
164 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396346
APN: MELR-000008C-000000-000126
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.
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
- 16 Willow St Unit 207
- 16-18 Beacon Place
- 8 Crystal St Unit 3
- 8 Crystal St Unit 2
- 55-57 Tappan St
- 333 Main St
- 12 Mount Vernon St Unit 27
- 36 Waverly Place Unit 2
- 59 Sanford St
- 23 Waverly Place
- 46 Youle St
- 16 Baxter St
- 447 Pleasant St
- 407 Pleasant St Unit 1A
- 49 Melrose St Unit 7E
- 123 Linden Rd
- 218 Upham St
- 318 W Emerson St
- 50-52 Albion St
- 54 Brunswick Park