NOT LISTED FOR SALE

Estimated Value: $815,000 - $1,007,000

3 Beds
2 Baths
1,632 Sq Ft
$538/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $492,500 $302 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,612/month

29 Days on Market

Highlights

  • 0.51 Acre Lot
  • Cape Cod Architecture
  • 2 Fireplaces
  • Lincoln Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Lebanon St Playground

About This Home

As of August 2018

Located on what might be the prettiest street in Melrose, this modified Cape offers loads of features for the buyer. The large lot is comprised of a fair amount of granite ledge, providing tremendous natural privacy. The yard dotted by many old growth trees that further enhance the feeling of privacy, though you are only a mile to the town center, and just over a mile from the Orange Line T at Oak Grove. Inside, you will find a well-proportioned home with a functional eat-in kitchen, relaxing sun porch, three full bedrooms, large adjacent living/family rooms and more. The house boasts garage parking and a clean and well lit work and utility space in the basement. It's possible to live here in comfort while making updates, if desired.

Last Agent to Sell the Property

Harry Silverstein

Keller Williams Realty Boston Northwest Listed on: 06/29/2018

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Jumantro Sianturi

Jumantro Sianturi

Jumantro Sianturi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1965

Lot Details

  • 0.51 Acre Lot
  • Property is zoned SRA

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Garage Access
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement

Schools

  • School Choice Elementary School
  • MMS Middle School
  • MHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • 3 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number M:0E4 P:007879,655376

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,002

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1965
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Basement: Partially Finished, Interior Entry, Garage Access, Sump Pump, Concrete
  • Living Area: 1632
  • Window Features: Insulated Windows
  • MAIN LO: BB5474
  • LIST PRICE PER Sq Ft: 306.31
  • PRICE PER Sq Ft: 301.78
  • MAIN SO: AN4372

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Parcel Number: M:0E4 P:007879,655376
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Sq Ft: 22215.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 22166
  • PAGE: 193

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5002
  • Tax Book Number: 938

MLS Schools

  • High School: Mhs
  • Elementary School: School Choice
  • Middle Or Junior School: Mms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Alagesan Arun and Alagesan Arun Lakshmi
Bought by
Arun Alagesan Ret
Current Estimated Value
$878,326

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 27, 2018
Sold by
Alfred Cancelli T
Bought by
Alagesan Arun and Alagesan Arun Lakshmi
Seller's Agent
Harry Silverstein
Keller Williams Realty Boston Northwest
Buyer's Agent
Jumantro Sianturi
Jumantro Sianturi
List Price
$524,900
Sold Price
$492,500
Premium/Discount to List
-$32,400
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Cancelli Alfred
Bought by
Alfred Cancelli T

Purchase Details

Closed on
Oct 1, 1980
Bought by
Alfred Cancelli T
Source: Public Records

Range of Values:

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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
Arun Alagesan Ret -- None Available
Alagesan Arun $492,500 --
Alfred Cancelli T -- --
Alfred Cancelli T $68,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alagesan Arun $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $492,500 -1.5% $302 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $499,900 -4.8% $306 / Sq Ft
06/27/2018 06/27/18 For Sale $524,900 -- $322 / 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 $68 $689,900 $445,400 $244,500
2024 $6,478 $652,400 $416,900 $235,500
2023 $6,356 $610,000 $388,100 $221,900
2022 $6,217 $588,200 $373,800 $214,400
2021 $6,133 $560,100 $359,600 $200,500
2020 $5,875 $531,700 $331,100 $200,600
2019 $5,350 $494,900 $316,800 $178,100
2018 $5,002 $441,500 $263,400 $178,100
2017 $4,906 $415,800 $252,700 $163,100
2016 $4,733 $383,900 $224,200 $159,700
2015 $4,796 $370,100 $224,200 $145,900
2014 $4,679 $352,300 $206,400 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72354743

MLS Property Information Network (MLS PIN)

APN: MELR-000004E-000000-000078-000079