NOT LISTED FOR SALE

131 Bay State Rd Melrose, MA 02176

Horace Mann Neighborhood

Estimated Value: $1,031,000 - $1,317,000

3 Beds
4 Baths
2,200 Sq Ft
$526/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $659,800 $300 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,941/month

36 Days on Market

About This Home

As of June 2016

Rare New construction in Melrose, just move in and relax. Thoughtfully designed to maximize usable space. Sit back and watch the deer and turkey roam from the comfort of your living room. The open lay out on first floor has 9' ceilings, beautiful 2 piece crown moldings, craftsman style doors and trim and tons of natural light. The designer kitchen with large peninsula, high end appliances and formal dining room are ideal for entertaining. The master suite boasts an elegant marble shower and a walk-in closet. There is also a giant family room with 1/2 bath in the basement, 3 Zone heat and AC plus Laundry on second floor. Pervious asphalt driveway to be completed soon. OFFERS DUE TUE MAY 3RD @ 1:00

Last Agent to Sell the Property

Neal Ryan

Thread Real Estate, LLC Listed on: 03/30/2016

Last Buyer's Agent

The Ternullo Real Estate Team

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

Listing Details

  • Lot Description: Cleared
  • Property Type: Single Family
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass, Blown In
  • Interior Amenities: Cable Available, Finish - Sheetrock
  • Basement: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
  • Dining Room: First Floor
  • Family Room: Basement
  • Oth1 Room Name: Bathroom
  • Oth1 Dscrp: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Exterior Features

  • Roof: Asphalt/Composition Shingles
  • Frontage: 40.00
  • Construction: Frame, Conventional (2x4-2x6)
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Composite
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Permeable Pavement
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Electric, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Lot Info

  • Zoning: res

Multi Family

  • Foundation: 48'x19'8"
  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Ratke Andrew P and Ratke Jill M
Bought by
Andrew P Ratke Ret
Current Estimated Value
$1,146,044

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 23, 2016
Sold by
Zeal Properties Llc
Bought by
Ratke Andrew P and Ratke Jill M
Seller's Agent
Neal Ryan
Thread Real Estate, LLC
Buyer's Agent
The Ternullo Real Estate Team
Leading Edge Real Estate
List Price
$659,800
Sold Price
$659,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Shea Mary G and Shea Robert C
Bought by
Zeal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Riess Karl and Riess Mark
Bought by
Shea John D Est
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Andrew P Ratke Ret -- None Available
Ratke Andrew P $659,800 --
Zeal Properties Llc $100,700 --
Shea John D Est $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratke Andrew P $417,000
Previous Owner Zeal Properties Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $659,800 0.0% $300 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $659,800 0.0% $300 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/08/2016 04/08/16 Price Changed $659,800 0.0% $300 / Sq Ft
03/30/2016 03/30/16 For Sale $659,900 -- $300 / 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 $97 $975,000 $390,600 $584,400
2024 $9,432 $949,800 $365,400 $584,400
2023 $9,071 $870,500 $340,200 $530,300
2022 $8,860 $838,200 $327,600 $510,600
2021 $8,965 $818,700 $327,600 $491,100
2020 $8,762 $792,900 $302,400 $490,500
2019 $7,863 $727,400 $277,200 $450,200
2018 $7,707 $680,200 $230,000 $450,200
2017 $7,558 $640,500 $220,500 $420,000
2016 $233 $18,900 $18,900 $0
2015 $233 $18,000 $18,000 $0
2014 $218 $16,400 $16,400 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Neal Ryan

    Thread Real Estate, LLC

    (617) 216-8975

    2 Total Sales

    Neal Ryan
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71979148

MLS Property Information Network (MLS PIN)

APN: MELR-000014E-000000-000070

Massachusetts Middlesex County Melrose 02176 Horace Mann

131 Bay State Rd, Melrose, MA

Not Listed for Sale

Detached

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