NOT LISTED FOR SALE

15 E Emerson St Unit 17 Melrose, MA 02176

Downtown Melrose Neighborhood

Estimated Value: $788,000 - $1,552,000

7 Beds
4 Baths
4,108 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $560,999 $137 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,504/month

46 Days on Market

Highlights

  • Wood Flooring
  • Winthrop Elementary School Rated A
  • 4-minute walk to Ell Pond

About This Home

As of October 2018

Attention investors and contractors. Huge 3 family in a coveted location directly off Main Street located in a business (BD zone) close to the commuter rail. Unit 1 is an 8 room 3 or 4 bed (potential of 5 depending on use)/2 bath, unit 2 is an 6 room 3 bed 1 bath bi-level, unit 3 is a basement unit with 1 bath. Basement unit is currently not inhabitable and has only been used as storage for many years, fixtures removed, and requires extensive renovation . 4 parking spaces via two tandem spaces. New roof in 2018. Substantial repairs and updates needed, endless options for alterations with this amount of space. Solid potential for mixed use. Property sold as-is, seller has never occupied the property. Buyers and buyers agent to perform own due diligence and verify all property information including zoning use and rely on results of same. See showing instructions and firm remarks.

Last Agent to Sell the Property

Anthony Norton

Vylla Home Listed on: 07/18/2018

Co-Listed By

Jim Cotter

William Raveis R.E. & Home Services

Last Buyer's Agent

qi zhong

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $73

Year Built

  • Built in 1920

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$73

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 133.64
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 4
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Partially Finished, Walk Out
  • Main Lo: M59500
  • Main So: AN3164
  • Estimated Sq Ft: 4108.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station

Lot Info

  • Assessments: 491200.00
  • Acre: 0.07
  • Lot Size: 3212.00
  • Page: 455
  • Zoning: BD
  • Lot Description: Shared Drive, Level

Multi Family

  • Total Levels: 4
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 5565.00
  • Assessor Parcel Number: 654938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 24, 2018
Sold by
Calamonici Michael
Bought by
Chan Chun F and Cheng Mei L
Seller's Agent
Anthony Norton
Vylla Home
Buyer's Agent
qi zhong
eXp Realty
List Price
$679,000
Sold Price
$560,999
Premium/Discount to List
-$118,001
-17.38%
Total Days on Market
46
Current Estimated Value
$1,035,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,961
Avg. Annual Appreciation
8.80%
Original Mortgage
$336,000
Outstanding Balance
$219,854
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$758,713

Purchase Details

Closed on
Sep 23, 2013
Sold by
Angelo Caruso Est
Bought by
Calamonici Michael

Purchase Details

Closed on
Nov 19, 1971
Bought by
Calamonici Michael
Source: Public Records

Range of Values:

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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
Chan Chun F $560,999 --
Calamonici Michael -- --
Calamonici Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chun F $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $560,999 +2.2% $137 / Sq Ft
09/02/2018 09/02/18 Pending -- -- --
08/17/2018 08/17/18 Price Changed $549,000 -9.9% $134 / Sq Ft
07/25/2018 07/25/18 Price Changed $609,000 -10.3% $148 / Sq Ft
07/18/2018 07/18/18 For Sale $679,000 -- $165 / 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 $73 $738,900 $314,500 $424,400
2024 $6,897 $694,600 $294,200 $400,400
2023 $6,920 $664,100 $273,900 $390,200
2022 $6,774 $640,900 $263,800 $377,100
2021 $6,428 $587,000 $253,600 $333,400
2020 $6,202 $561,300 $233,400 $327,900
2019 $5,838 $540,100 $223,200 $316,900
2018 $5,565 $491,200 $185,200 $306,000
2017 $5,373 $455,300 $177,600 $277,700
2016 $4,987 $404,500 $157,300 $247,200
2015 $5,222 $402,900 $157,300 $245,600
2014 $4,855 $365,600 $144,600 $221,000
Source: Public Records

Agents Affiliated with this Home

  • Anthony Norton

    Seller's Agent in 2018

    Anthony Norton

    Vylla Home

    (949) 306-3239

    11 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jim Cotter

    William Raveis R.E. & Home Services

    (617) 519-5199

    26 Total Sales

    Jim Cotter
    Section Image

  • q

    Buyer's Agent in 2018

    qi zhong

    eXp Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72364914

MLS Property Information Network (MLS PIN)

APN: MELR-000008D-000000-000019

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

15 E Emerson St Unit 17, Melrose, MA

This home is located at 15 E Emerson St Unit 17, Melrose, MA 02176 since 18 July 2018 and is currently estimated at $1,035,960, approximately $252 per square foot. This property was built in 1920. 15 E Emerson St Unit 17 is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Lincoln Elementary School, and Horace Mann Elementary School.

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