18 Otis St Melrose, MA 02176
Cedar Park NeighborhoodEstimated Value: $899,000 - $955,000
2
Beds
1.5
Baths
1,400
Sq Ft
$658/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Property is near public transit
- No HOA
- Roosevelt Elementary School Rated A
- 1 Fireplace
- 5-minute walk to Melrose Dog Park
About This Home
As of May 2023Exquisitely renovated home in a private neighborhood of Melrose. Features include a chef's kitchen with an oversized Wolf oven, marble counters, custom cabinetry, and large marble counter top island. This home boasts beautiful dental molding, recessed lighting throughout, gas fireplace in living room, built in china cabinet, and abundant natural light. Enjoy your morning coffee from your screened in back porch while overlooking a beautifully manicured yard. Very convenient location to the commuter rail and Melrose's many shops and delicious restaurants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,826
Year Built
- Built in 1940
Lot Details
- 7,462 Sq Ft Lot
- Property fronts a private road
- Fenced
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,400 Sq Ft Home
- 1 Fireplace
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry on upper level
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Outdoor Features
- Enclosed patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 653369
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2001
Sold by
Est Glynn W Sylvia and Bennett Marie R
Bought by
Shirley Charles E and Shirley Deana M
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shirley Charles E | $291,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gluck Matthew J | $500,000 | |
| Closed | Shirley Charles E | $215,000 | |
| Closed | Shirley Charles E | $236,000 | |
| Closed | Shirley Charles E | $242,000 | |
| Closed | Shirley Charles E | $80,000 | |
| Closed | Shirley Charles E | $232,800 | |
| Closed | Shirley Charles E | $43,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $860,000 | +7.5% | $614 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $799,900 | -- | $571 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $75 | $762,300 | $411,900 | $350,400 |
| 2024 | $6,822 | $687,000 | $387,000 | $300,000 |
| 2023 | $6,826 | $655,100 | $374,500 | $280,600 |
| 2022 | $6,835 | $646,600 | $374,500 | $272,100 |
| 2021 | $6,396 | $584,100 | $349,500 | $234,600 |
| 2020 | $5,505 | $498,200 | $312,100 | $186,100 |
| 2019 | $4,910 | $454,200 | $288,300 | $165,900 |
| 2018 | $4,849 | $428,000 | $262,100 | $165,900 |
| 2017 | $4,744 | $402,000 | $249,600 | $152,400 |
| 2016 | $4,590 | $372,300 | $243,400 | $128,900 |
| 2015 | $4,360 | $336,400 | $218,400 | $118,000 |
| 2014 | $4,137 | $311,500 | $193,500 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Polino
Seller's Agent in 2023
James Polino
Compass
(617) 515-2472
1 in this area
89 Total Sales
-
Jonathan Polino
Seller Co-Listing Agent in 2023
Jonathan Polino
Compass
(617) 212-9071
1 in this area
31 Total Sales
-
Collin Sullivan
Buyer's Agent in 2023
Collin Sullivan
William Raveis R.E. & Home Services
(617) 529-6622
1 in this area
81 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73104194
APN: MELR-000009B-000000-000049
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