140 Grove St Melrose, MA 02176
Downtown Melrose NeighborhoodEstimated Value: $622,000 - $740,000
2
Beds
1.5
Baths
1,204
Sq Ft
$569/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- Corner Lot
- Lincoln Elementary School Rated A-
- Wood Flooring
- 4-minute walk to Lynde Park
About This Home
As of August 2018Wonderful opportunity to get into the heart of Melrose at a great price! Set back on a, level 7,005 sq.ft. corner lot, this picturesque colonial is just steps from the historic downtown area (0.2 miles), parks and schools AND the Commuter Rail (0.5 miles), with a walkability score of 85 (very walkable!) as well as being on the MBTA bus line. Great condo alternative, but with privacy and a huge yard, plus tremendous expansion potential. Many updates have been made by the current owners, including new gas heating system and efficient indirect hot water tank in 2017, all-new gutters in 2016, restored hardwood floors, fully fenced yard and outdoor patio, and fresh paint in relaxing neutral shades throughout the home. Also features newer windows and insulation (2010), recessed lighting, first floor laundry, and off-street parking for 3 to 4 cars. Refrigerator, washer and dryer to remain as gifts. Subject to Seller finding suitable housing.
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,156
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Fenced
- Corner Lot
- Property is zoned URB
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,204 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Insulated Windows
- Dining Area
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Dressing Area
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Patio
- Porch
Location
- Property is near public transit
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:0D6 P:0000165,654694
Community Details
Recreation
- Park
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2018
Closed on
Aug 27, 2018
Sold by
Shattuck Thomas and Shattuck Alice
Bought by
Hilbert Nathaniel and Hilbert Noah
Seller's Agent
The Beaton Team
Leading Edge Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,020
Avg. Annual Appreciation
8.92%
Original Mortgage
$320,000
Outstanding Balance
$281,337
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$431,252
Purchase Details
Closed on
Aug 26, 2011
Sold by
Worthylake Ruth P
Bought by
Shattuck Thomas and Shattuck Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Melrose, MA
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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 |
|---|---|---|---|
| Hilbert Nathaniel | $400,000 | -- | |
| Shattuck Thomas | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hilbert Nathaniel | $320,000 | |
| Previous Owner | Shattuck Thomas | $219,100 | |
| Previous Owner | Shattuck Thomas | $209,549 | |
| Previous Owner | Worthylake Ruth P | $25,000 | |
| Previous Owner | Worthylake James W | $20,000 | |
| Previous Owner | Worthlake James W | $10,000 | |
| Previous Owner | Worthylake Ruth P | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2018 08/27/18 | Sold | $400,000 | 0.0% | $332 / Sq Ft |
| 07/23/2018 07/23/18 | Pending | -- | -- | -- |
| 07/09/2018 07/09/18 | Price Changed | $399,900 | -7.0% | $332 / Sq Ft |
| 06/25/2018 06/25/18 | Price Changed | $429,900 | -4.4% | $357 / Sq Ft |
| 05/31/2018 05/31/18 | For Sale | $449,900 | -- | $374 / 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 | $56 | $566,600 | $365,800 | $200,800 |
| 2024 | $5,348 | $538,600 | $342,200 | $196,400 |
| 2023 | $5,232 | $502,100 | $318,600 | $183,500 |
| 2022 | $5,113 | $483,700 | $306,800 | $176,900 |
| 2021 | $5,163 | $471,500 | $306,800 | $164,700 |
| 2020 | $4,950 | $448,000 | $283,200 | $164,800 |
| 2019 | $4,444 | $411,100 | $259,600 | $151,500 |
| 2018 | $4,156 | $366,800 | $215,300 | $151,500 |
| 2017 | $4,056 | $343,700 | $206,500 | $137,200 |
| 2016 | $3,648 | $295,900 | $177,000 | $118,900 |
| 2015 | $3,634 | $280,400 | $168,100 | $112,300 |
| 2014 | $3,528 | $265,700 | $153,400 | $112,300 |
Source: Public Records
Agents Affiliated with this Home
-
The Beaton Team
T
Seller's Agent in 2018
The Beaton Team
Leading Edge Real Estate
(781) 944-6060
27 Total Sales
-
N
Buyer's Agent in 2018
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72337552
APN: MELR-000006D-000000-000165
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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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