NOT LISTED FOR SALE

Estimated Value: $865,000 - $1,280,000

5 Beds
2 Baths
2,272 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $615,000 $271 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,564/month

10 Days on Market

About This Home

As of December 2016

Much Sought After ZIP CODE ~ 02176 ~ Eclectic MELROSE! Two family Victorian built 1888 situated on a level 8,510 sq.ft. lot with fenced in yard. Located in a pedestrian friendly East Side neighborhood ~ Walk Score 72. First floor unit with living room, dining room, kitchen, BR, optional den/office or 2nd BR, sun room. Second floor owner's unit has a nice flow into good size living room with fire place that leads into sun room, dining room & space efficient eat/in kitchen. One bedroom on this level and 2 bedrooms on 3rd level. Enjoy golfing, walking and sledding at nearby Mount Hood, ice skating on Ell Pond. Convenient to downtown Melrose with many delightful unique shops, trendy restaurants, Fitness Studios, buses to Oak Grove/ Malden Station, Commuter Rail, YMCA, walk or bike to Cedar Park Farmers' Market. Not to be forgotten gems are the Melrose Symphony Concerts and Spring POP Concerts at Melrose Memorial Hall! This home has stoically withstood the hands of time! Welcome Home!

Last Agent to Sell the Property

Carol & Carolyn

Excelsior Realty Group Listed on: 10/04/2016

Last Buyer's Agent

Mary Sexton

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$77

Year Built

1888

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888

Interior Features

  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Fuses, Circuit Breakers, Individually Metered
  • Energy: Storm Windows
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Walk Out, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Gutters, Screens, Fenced Yard, Garden Area
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Winthrop
  • Middle School: Veterans Mem.
  • High School: Melrose High

Lot Info

  • Assessor Parcel Number: M:0D7 P:0000132
  • Zoning: URA

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Fireplaces: 3
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 20, 2016
Sold by
Magnuson Corrine P and Kent Pamela
Bought by
Devine Julia C and Devine Jeffrey J
Seller's Agent
Carol & Carolyn
Excelsior Realty Group
Buyer's Agent
Mary Sexton
William Raveis R.E. & Home Services
List Price
$647,000
Sold Price
$615,000
Premium/Discount to List
-$32,000
-4.95%
Current Estimated Value
$1,015,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,279
Avg. Annual Appreciation
7.64%
Original Mortgage
$492,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Magnuson Corinne P
Bought by
Magnuson Corinne P and Kent Pamela
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
Devine Julia C $615,000 --
Magnuson Corinne P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devine Julia C $464,500
Closed Devine Julia C $492,000
Previous Owner Magnuson Corinne P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $615,000 -4.9% $271 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $647,000 -- $285 / 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 $77 $779,000 $462,900 $316,100
2024 $7,275 $732,600 $434,800 $297,800
2023 $7,417 $711,800 $420,800 $291,000
2022 $7,419 $701,900 $420,800 $281,100
2021 $7,045 $643,400 $392,700 $250,700
2020 $6,610 $598,200 $350,700 $247,500
2019 $6,089 $563,300 $324,000 $239,300
2018 $5,955 $525,600 $294,600 $231,000
2017 $5,781 $489,900 $280,500 $209,400
2016 $5,648 $458,100 $273,500 $184,600
2015 $5,559 $428,900 $245,500 $183,400
2014 $5,074 $382,100 $217,400 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72076978

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000132