NOT LISTED FOR SALE

16 Beacon Place Unit 18 Melrose, MA 02176

Downtown Melrose Neighborhood

Estimated Value: $1,000,000 - $1,175,000

5 Beds
3 Baths
2,857 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $670,000 $235 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,158/month

8 Days on Market

About This Home

As of November 2016

Spectacular & rare downtown side by side 2 family home on private street perfect for single family buyer, investors or owner occupant looking for rental income help! Absolutely incredible location with a "Very Walkable" walk score of 89! Super short walk to Commuter Train to Boston, Main St for numerous shops & dining (OVER 30 restaurants, bars & coffee shops in Downtown), YMCA, town library, grocery stores, Dr.'s, parks, pond, schools, banks, etc! Owner's unit is completely updated w/ 8 rooms, 4 bedrms (3rd floor master suite), 2 baths & brand NEW 2016 kitchen, granite, stainless, cabinets, wood floor! Handy lead paint compliant attached rental unit has liv, kit, bdrm & extra unheated 3rd floor room. A driveway for 3-4 cars, lovely paver stone patio, storage shed & gorgeous yard round out this special offering! Open House Sat & Sun 11:30-1pm, offers due Tues 9/27 by 5pm! !

Last Agent to Sell the Property

The Shorey Sheehan Team

Listed on: 09/20/2016

Last Buyer's Agent

Ralph Saraceni

Coldwell Banker Realty - Lexington License #449588840

Coldwell Banker Realty - Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2019
Sold by
Nguyen Man M and Tran Phuong T
Bought by
Nguyen-Tran Ft
Total Days on Market
8
Current Estimated Value
$1,095,672

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 7, 2016
Sold by
Won Dongjun J
Bought by
Nguyen Man M and Tran Phuong T
Seller's Agent
The Shorey Sheehan Team
Buyer's Agent
Ralph Saraceni
Coldwell Banker Realty - Lexington
List Price
$599,900
Sold Price
$670,000
Premium/Discount to List
$70,100
11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$533,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Manchester William F
Bought by
Won Dongiun Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Nguyen-Tran Ft -- --
Nguyen Man M $670,000 --
Won Dongiun Joseph $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen-Tran Ft $502,600
Previous Owner Nguyen Man M $533,000
Previous Owner Won Dongiun Joseph $405,000
Previous Owner Manchester William F $279,500
Previous Owner Manchester William F $60,500
Previous Owner Manchester William $266,650
Previous Owner Manchester St William $40,200
Previous Owner Manchesterjr William F $183,000
Previous Owner Manchester William $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $670,000 +11.7% $235 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $599,900 -- $210 / 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 $95 $954,500 $426,300 $528,200
2024 $8,938 $900,100 $398,800 $501,300
2023 $8,738 $838,600 $371,300 $467,300
2022 $8,512 $805,300 $357,600 $447,700
2021 $8,302 $758,200 $357,600 $400,600
2020 $8,063 $729,700 $330,000 $399,700
2019 $7,458 $689,900 $302,500 $387,400
2018 $7,095 $626,200 $251,000 $375,200
2017 $6,189 $524,500 $240,700 $283,800
2016 $5,672 $460,000 $206,300 $253,700
2015 $5,435 $419,400 $196,000 $223,400
2014 $5,341 $402,200 $178,800 $223,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    The Shorey Sheehan Team

    Section Image
  • Ralph Saraceni

    Buyer's Agent in 2016

    Ralph Saraceni

    Coldwell Banker Realty - Lexington

    (781) 929-9221

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72070096

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000043

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

16 Beacon Place Unit 18, Melrose, MA

This home is located at 16 Beacon Place Unit 18, Melrose, MA 02176 since 20 September 2016 and is currently estimated at $1,095,672, approximately $383 per square foot. This property was built in 1900. 16 Beacon Place Unit 18 is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Winthrop Elementary School, and Hoover Elementary School.

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