NOT LISTED FOR SALE

Estimated Value: $954,000 - $1,034,479

5 Beds
2 Baths
2,592 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $745,000 $287 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,552/month

14 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Enclosed Patio or Porch
  • Winthrop Elementary School Rated A

About This Home

As of October 2018

Just Listed! Charming Multi Family Home lovingly owned and cared for by the same family for over 60 years! Unit 1 features a unique floor-plan including high ceilings, cozy wood fireplace in the living room, hardwood flooring, and a spacious country kitchen. The second floor unit is spread over two floors featuring lots of natural light, great view, spacious kitchen with tons of potential, remodeled full bath, & another cozy wood fireplace. What make this home unique is the desirable East Side location as you are close to the trendy downtown shops, restaurants, & everything wonderful that Melrose has to offer. Make this home your own by doing some upgrades or move right in as this home is super clean and has just been freshly painted. Now is the time stake your claim to one of America's Hottest Zip Codes! Live here and be happy!

Last Agent to Sell the Property

Team Barnard

Boston Local Properties, LLC Listed on: 08/22/2018

Co-Listed By

Chris Barnard

Barnard Real Estate Advisors, LLC

Last Buyer's Agent

Joanne Eustace

Harbor View Real Estate Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $87

Year Built

  • Built in 1920

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0D8 P:0000103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$87

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 292.82
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Rms Common: Laundry
  • Main Lo: AN2311
  • Main So: B13001
  • Estimated Sq Ft: 2592.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard
  • Foundation: Fieldstone, Brick, Irregular
  • Foundation Size: 9999999999

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: MWRA
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Apply
  • Middle School: MVMMS
  • High School: Melrose High

Lot Info

  • Assessments: 548200.00
  • Acre: 0.17
  • Lot Size: 7552.00
  • Parcel Number: M:0D8 P:0000103
  • Zoning: URA
  • Lot Description: Paved Drive, Gentle Slope

Green Features

  • Energy Features: Prog. Thermostat

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6211.00
  • Assessor Parcel Number: 655019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 25, 2018
Sold by
Mary C Fernandes 2017
Bought by
Mcdonald James and Mcdonald Elizabeth
Seller's Agent
Team Barnard
Boston Local Properties, LLC
Buyer's Agent
Joanne Eustace
Harbor View Real Estate Corp.
List Price
$759,000
Sold Price
$745,000
Premium/Discount to List
-$14,000
-1.84%
Current Estimated Value
$1,017,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,762
Avg. Annual Appreciation
4.09%
Original Mortgage
$425,000
Outstanding Balance
$374,405
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$604,716

Purchase Details

Closed on
Oct 3, 2017
Sold by
Fernandes Mary C
Bought by
Mary C Fernandes 2017
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
Mcdonald James $745,000 --
Mary C Fernandes 2017 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald James $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $745,000 -1.8% $287 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $759,000 -- $293 / 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 $87 $877,100 $472,000 $405,100
2024 $8,356 $841,500 $458,100 $383,400
2023 $8,229 $789,700 $416,500 $373,200
2022 $8,222 $777,900 $416,500 $361,400
2021 $7,752 $707,900 $388,700 $319,200
2020 $12,651 $662,500 $347,100 $315,400
2019 $6,338 $586,300 $320,700 $265,600
2018 $6,211 $548,200 $291,500 $256,700
2017 $11,891 $511,100 $277,700 $233,400
2016 $5,884 $477,200 $270,700 $206,500
2015 $5,718 $441,200 $236,000 $205,200
2014 $5,222 $393,200 $208,200 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72382466

MLS Property Information Network (MLS PIN)

APN: MELR-000008D-000000-000103