G
Seller's Agent in 2022
GEM Properties Group
Compass
1 in this area
23 Total Sales
13 Botolph St Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $1,177,000 - $1,407,000
5
Beds
3
Baths
3,200
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- Corner Lot
- Roosevelt Elementary School Rated A
- 2 Fireplaces
- 4-minute walk to Warren Street Park
About This Home
As of June 2022Turn of the century Victorian 2-fam home boasting hardwood floors, spacious rooms w/tall ceilings and glorious woodwork in Melrose Highlands! Amazing neighborhood. Great rental income! Beautiful wrap around porch. Patio & yard provide ample space for both units use. Garage has electric. Units have large eat-in kitchens. Property offers 2 car garage w/storage above, lots of off-street parking. The basement has 2 sides - both with walk-out exterior access, laundry facilities for both units, ample storage; 1-side heated. Potential future uses will use your creativity. Prime Commuter Location! Blocks from Melrose Highlands Commuter Rail, Easy Access to Rtes 1, 93 & 95/128. Numerous updates 2012-2014 including all baths & kitchens. U-2 freshly painted & new LVP flooring on 2nd floor of unit. U-1 Monthly Tenants at will desire to stay. U-2 vacant as of 3/22. Rents includes water/sewer & snow/lawn care. Lots of remaining potential! Great opportunity for house-hack/investor/condo conversion!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,388
Year Built
- Built in 1890 | Remodeled
Lot Details
- 0.32 Acre Lot
- Fenced
- Corner Lot
- Level Lot
- Garden
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 3,200 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Window Screens
- Storm Doors
Kitchen
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- 3 Heating Zones
- Heating Available
- Separate Meters
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,850
- Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
- Assessor Parcel Number 658153
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Shops
- Coin Laundry
Recreation
- Community Pool
- Park
- Jogging Path
Building Details
- Insurance Expense $2,186
- Water Sewer Expense $8,800
- Operating Expense $15,026
- Net Operating Income $43,174
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2023
Sold by
Simons Shellie R
Bought by
Shellie R Simons Ret and Simons
Current Estimated Value
Purchase Details
Closed on
Jul 28, 2011
Sold by
Marchetti Mary E
Bought by
Hardy Kimberly and Palmer Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,282
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 22, 2010
Sold by
Marchetti Maria
Bought by
Marchetti Mary E
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shellie R Simons Ret | -- | None Available | |
| Hardy Kimberly | $442,500 | -- | |
| Marchetti Mary E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hardy Kimberly | $431,282 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2022 06/02/22 | Sold | $1,100,000 | +10.3% | $344 / Sq Ft |
| 04/05/2022 04/05/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $997,000 | -- | $312 / 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 | $115 | $1,158,000 | $490,400 | $667,600 |
| 2024 | $10,839 | $1,091,500 | $460,700 | $630,800 |
| 2023 | $8,395 | $805,700 | $445,900 | $359,800 |
| 2022 | $8,388 | $793,600 | $445,900 | $347,700 |
| 2021 | $7,965 | $727,400 | $416,100 | $311,300 |
| 2020 | $7,505 | $679,200 | $371,500 | $307,700 |
| 2019 | $6,928 | $640,900 | $343,300 | $297,600 |
| 2018 | $6,793 | $599,600 | $312,100 | $287,500 |
| 2017 | $6,589 | $558,400 | $297,200 | $261,200 |
| 2016 | $6,420 | $520,700 | $289,800 | $230,900 |
| 2015 | $6,344 | $489,500 | $260,100 | $229,400 |
| 2014 | $5,805 | $437,100 | $230,400 | $206,700 |
Source: Public Records
Agents Affiliated with this Home
-
GEM Properties Group
-
Michael Jewer
Seller Co-Listing Agent in 2022
Michael Jewer
Compass
(978) 983-1580
1 in this area
13 Total Sales
-
Cheryl Pendenza
Buyer's Agent in 2022
Cheryl Pendenza
RE/MAX
(617) 470-0652
1 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72960665
APN: MELR-000013A-000000-000068
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.
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