NOT LISTED FOR SALE

Estimated Value: $1,056,000 - $1,326,848

4 Beds
3 Baths
2,160 Sq Ft
$542/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,110,000 $514 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,392/month

12 Days on Market

Highlights

  • Deck
  • 5-minute walk to Melrose/Cedar Park
  • 1 Fireplace
  • Lincoln Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Gooch Park

About This Home

As of May 2022

Must see desirable 2 Family in great Melrose location. Great neighborhood! Great schools! Close to Boston! Close to everything, commuter rail, shopping, restaurants, etc..Perfect for owner occupied or full rental income property. First floor unit completely renovated down to the studs. Open floor concept perfect for entertaining. Custom hardwood floors throughout first floor. Newer chef's kitchen with shaker cabinets, granite counters and island with premium Bosch appliances and an induction cooktop. Second Unit has separate entry with spacious bedroom with walk-in closet, hardwood floors, sunroom and back deck. Fenced in yard. Move in ready. Home will be sold vacant with no tenants.

Last Agent to Sell the Property

Ferdinand Kral

Kral Realty Listed on: 03/22/2022

Last Buyer's Agent

Ferdinand Kral

Kral Realty Listed on: 03/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,122

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Utilities

  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $21,600

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number M:0B7 P:0000091,653150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,122

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 1.0
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Carpet,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 2160
  • Stories Total: 4
  • MAIN LO: NB1841
  • LIST PRICE PER Sq Ft: 406.94
  • PRICE PER Sq Ft: 513.89
  • MAIN SO: NB1841

Exterior Features

  • Construction Materials: Frame, Conventional (2x4-2x6)
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service
  • Water Source: Public

Lot Info

  • Parcel Number: M:0B7 P:0000091,653150
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4208
  • PAGE: 263

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7122
  • Tax Book Number: 62380

Multi Family

  • Gross Income: 21600
  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2017
Sold by
Mulcahey Michael and Mulcahey Alison
Bought by
181 Trenton Street Rt
Current Estimated Value
$1,171,462

Purchase Details

Closed on
Aug 2, 2013
Sold by
Loconzolo Michael
Bought by
Mulcahey Michael and Mulcahey Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2002
Sold by
Loconzolo William J and Loconzolo Michele T
Bought by
Loconzolo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,490
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1995
Sold by
Thompson Richard F
Bought by
Loconzolo William J and Loconzolo Michele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
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
181 Trenton Street Rt -- --
Mulcahey Michael $441,250 --
Loconzolo Michael $317,000 --
Loconzolo William J $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Elizabeth J $880,000
Previous Owner Mulcahey Michael P $92,800
Previous Owner Mulcahey Michael $344,000
Previous Owner Mulcahey Michael $43,000
Previous Owner Loconzolo William J $307,490
Previous Owner Loconzolo William J $40,000
Previous Owner Loconzolo William J $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $1,110,000 +26.3% $514 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $879,000 -- $407 / 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 $106 $1,072,500 $455,000 $617,500
2024 $10,204 $1,027,600 $441,600 $586,000
2023 $7,121 $683,400 $401,400 $282,000
2022 $7,122 $673,800 $401,400 $272,400
2021 $6,758 $617,200 $374,700 $242,500
2020 $6,345 $574,200 $334,500 $239,700
2019 $5,846 $540,800 $309,100 $231,700
2018 $5,719 $504,800 $281,000 $223,800
2017 $5,554 $470,700 $267,600 $203,100
2016 $5,423 $439,800 $260,900 $178,900
2015 $5,251 $405,200 $227,500 $177,700
2014 $4,789 $360,600 $200,700 $159,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956021

MLS Property Information Network (MLS PIN)

APN: MELR-000007B-000000-000091