NOT LISTED FOR SALE

198 E Foster St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $1,395,000 - $1,489,000

5 Beds
2 Baths
2,512 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $605,000 $241 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $7,515/month

7 Days on Market

About This Home

As of August 2012

From the styishly restored 1880's gingerbread porch to the tastefully designed high-end granite kitchen that opens to the ever-desirable 1st fl FR, this QA Victorian boasts the space, open floor plan & updates sought by today's buyer. Chelsea tile FP in DR. Two finished heated rooms on 3rd floor. 10 rms, 5 brs, 2 full baths with level lot, walking distance to our "pre-Wal Mart" downtown, shops, restaurants, bus, parks and train. Hard-to-find combination of amenities, condition & location for $.

Last Agent to Sell the Property

Alison Socha

Leading Edge Real Estate Listed on: 06/13/2012

Leading Edge Real Estate

Last Buyer's Agent

Annette Gregorio

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: No
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Conservation Area, House of Worship, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet
  • Insulation: Partial
  • Basement: Full
  • Bedroom 2: Second Floor, 13X12
  • Bedroom 3: Second Floor, 14X11
  • Bedroom 4: Second Floor, 11X10
  • Bedroom 5: Third Floor, 14X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 23X16
  • Laundry Room: First Floor
  • Living Room: First Floor, 12X12
  • Master Bedroom: Second Floor, 12X12
  • Master Bedroom Description: Closet, Wall to Wall Carpet
  • Dining Room: First Floor, 12X12
  • Family Room: First Floor, 17X14

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2012
Closed on
Aug 29, 2012
Sold by
Apollo Hastings Llc
Bought by
Laspina Andrew and Larcano Elizabeth
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Annette Gregorio
Leading Edge Real Estate
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Current Estimated Value
$1,436,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,770
Avg. Annual Appreciation
6.73%
Original Mortgage
$465,000
Outstanding Balance
$321,609
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,123,541

Purchase Details

Closed on
Sep 2, 2009
Sold by
Lynch Seema A and Lynch Brian Pa
Bought by
Apollo Hastings Llc

Purchase Details

Closed on
Nov 1, 1996
Sold by
Bennett William F and Bennett Mary T
Bought by
Lynch Seema A and Lynch Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laspina Andrew $605,000 --
Apollo Hastings Llc -- --
Lynch Seema A $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laspina Andrew $465,000
Previous Owner Lynch Seema A $50,000
Previous Owner Lynch Seema A $29,000
Previous Owner Lynch Seema A $178,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2012 08/29/12 Sold $605,000 +0.9% $241 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $599,900 -- $239 / 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 $112 $1,131,500 $462,800 $668,700
2024 $10,380 $1,045,300 $434,800 $610,500
2023 $10,322 $990,600 $420,800 $569,800
2022 $10,369 $981,000 $420,800 $560,200
2021 $9,940 $907,800 $392,700 $515,100
2020 $9,565 $865,600 $350,600 $515,000
2019 $8,720 $806,700 $324,000 $482,700
2018 $8,806 $777,200 $294,500 $482,700
2017 $8,435 $714,800 $280,500 $434,300
2016 $8,457 $685,900 $273,500 $412,400
2015 $7,754 $598,300 $245,400 $352,900
2014 $7,574 $570,300 $217,400 $352,900
Source: Public Records

Agents Affiliated with this Home

  • Alison Socha

    Seller's Agent in 2012

    Alison Socha

    Leading Edge Real Estate

    (781) 983-9326

    26 in this area

    235 Total Sales

    Alison Socha
    Section Image
  • Annette Gregorio

    Buyer's Agent in 2012

    Annette Gregorio

    Leading Edge Real Estate

    (617) 548-3180

    3 in this area

    43 Total Sales

    Annette Gregorio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71396228

MLS Property Information Network (MLS PIN)

APN: MELR-000007E-000000-000038

Massachusetts Middlesex County Melrose 02176 Melrose East Side

198 E Foster St, Melrose, MA

Not Listed for Sale

Detached

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