NOT LISTED FOR SALE

Estimated Value: $914,948 - $1,093,000

5 Beds
2.5 Baths
2,049 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $775,000 $378 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,117/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Screened Porch
  • Winthrop Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of August 2021

With your touches restore and own this Wonderful Melrose Colonial just a short distance to Historic Downtown Melrose and the Melrose-Wakefield Hospital. This Solidly built home (with great bones) is located on a quiet side street and ready for the Able Homeowner, the Contractor, the Handyman, or the investor. High ceilings, large rooms, fireplace, stain glass windows, Natural Wood Banisters, Central Air Conditioning and so much more. Enter the home from the Full length front screened porch. The first floor has a large Living Room, a Dining with a fireplace and large eat in kitchen, full 10 year old bath and 1st floor laundry. The 2nd floor boasts 4 full bedrooms and a second full bath. Walk up to the 3rd floor with possible 5th bedroom and large attic area. Master bedroom has a full length sunroom/balcony. Some big ticket items are done: Roof approximately 12 years old, Gas Heat approximately 10 years old; Central Air approximately 12 years old. Close to the train/major Hways.

Last Agent to Sell the Property

Craig Celli

Century 21 North East Listed on: 06/17/2021

Last Buyer's Agent

Gretchen Chingris

Metropolitan Boston Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,974

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned URB

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,049 Sq Ft Home
  • Dining Room with Fireplace
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0D8 P:0000058,654977

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,974

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Hardwood
  • Fireplace Features: Dining Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Third
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Balcony / Deck, Balcony - Interior
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Unfinished
  • Living Area: 2049
  • MAIN LO: AC1531
  • MAIN SO: AC2186

Exterior Features

  • Foundation Details: Other
  • Patio And Porch Features: Porch, Screened, Deck, Covered
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: M:0D8 P:0000058,654977
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 4574

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 13, 2021
Sold by
Decroteau Eugene F Est
Bought by
Madariaga Rachel and Saltz Adam R
Seller's Agent
Craig Celli
Century 21 North East
Buyer's Agent
Gretchen Chingris
Metropolitan Boston Real Estate, LLC
List Price
$749,900
Sold Price
$775,000
Premium/Discount to List
$25,100
3.35%
Current Estimated Value
$978,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,487
Avg. Annual Appreciation
5.44%
Original Mortgage
$684,000
Outstanding Balance
$621,968
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$356,519
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Madariaga Rachel $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madariaga Rachel $684,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $775,000 +3.3% $378 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $749,900 -- $366 / 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 $76 $765,800 $443,400 $322,400
2024 $7,269 $732,000 $416,500 $315,500
2023 $7,273 $698,000 $403,100 $294,900
2022 $7,193 $680,500 $403,100 $277,400
2021 $6,974 $636,900 $376,200 $260,700
2020 $6,595 $596,800 $335,900 $260,900
2019 $5,951 $550,500 $310,400 $240,100
2018 $5,918 $522,300 $282,200 $240,100
2017 $5,737 $486,200 $268,700 $217,500
2016 $5,810 $471,200 $262,000 $209,200
2015 $5,553 $428,500 $235,100 $193,400
2014 $5,335 $401,700 $208,300 $193,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851720

MLS Property Information Network (MLS PIN)

APN: MELR-000008D-000000-000058