NOT LISTED FOR SALE

Estimated Value: $982,000 - $1,112,000

4 Beds
1 Bath
1,800 Sq Ft
$575/Sq Ft Est. Value

Highlights

  • Medical Services
  • Property is near public transit
  • No HOA
  • Horace Mann Elementary School Rated A-
  • Wood Flooring
  • Park

About This Home

As of April 2022

Amazing opportunity on a 5 bedroom apartment in Melrose. 2 family home sitting in a quit street. Short distance to Melrose center, close to Melrose Highlands Commuter Rail and Bus stop around the corner from apartment. Within walking distance to Whole foods, Wakefield/ Melrose Hospital, Melrose high school and houses of worship. A 5 minute drive to 93 north and south. The unit consists of 2 floors featuring a renovated kitchen, new doors and windows, hardwood floors throughout the apartment. Off-street parking with driveway parking exclusive to the unit. Tenant to pay first months rent/ last month and 1/2 months broker fee. Good references, good credit.

Last Agent to Rent the Property

Maria Ledo

Pena Realty Corporation Listed on: 02/09/2022

Last Renter's Agent

Maria Ledo

Pena Realty Corporation Listed on: 02/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,092

Year Built

  • 1909

Lot Details

  • 5,663

Parking

  • 2 Car Parking Spaces

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Beebe Elementary School
  • Montessori Middle School
  • Melrose High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 3/1/22
  • Rent includes laundry facilities, parking
  • Assessor Parcel Number 660073

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,092

Year Built

1909

Lot Details

0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Available Date: 2022-03-01
  • Lease Term: Lease Terms(12),Term of Rental(Months)
  • Available Now: No
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 2
  • Year Round: Yes
  • CoOp Comp: yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built (Public Record): 1909

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer/Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Third
  • Room Bedroom4 Level: Fourth Floor
  • Room Bedroom4 Features: Flooring - Hardwood
  • Room Bedroom5 Level: Fourth Floor
  • Room Bedroom5 Features: Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Room Kitchen Level: Second
  • Laundry Features: In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood
  • Accessibility Features: No
  • Living Area: 1800
  • MAIN LO: AN3959
  • LIST PRICE PER Sq Ft: 1.78
  • PRICE PER Sq Ft: 1.78
  • MAIN SO: AN3959

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Parcel Number: 660073
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 1800

MLS Schools

  • High School: Melrose High
  • Elementary School: Beebe
  • Middle Or Junior School: Montessori

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Regis Alain and Stleger Patrick
Bought by
Regis Alain
Current Estimated Value
$1,034,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2019
Sold by
Ring Michael J
Bought by
Regis Alain and Stleger Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Interest Rate
4%
Mortgage Type
New Conventional
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
Regis Alain -- --
Regis Alain $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regis Alain $518,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2022 04/30/22 Rented $3,200 0.0% --
04/18/2022 04/18/22 Under Contract -- -- --
04/12/2022 04/12/22 For Rent $3,200 0.0% --
04/08/2022 04/08/22 Off Market $3,200 -- --
03/18/2022 03/18/22 Price Changed $3,200 -8.6% $2 / Sq Ft
03/14/2022 03/14/22 For Rent $3,500 0.0% --
03/04/2022 03/04/22 Off Market -- -- --
02/24/2022 02/24/22 For Rent -- -- --
02/23/2022 02/23/22 Off Market -- -- --
02/09/2022 02/09/22 For Rent $3,500 -- --
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 $8,092 $817,400 $439,300 $378,100
2024 $7,772 $782,700 $426,400 $356,300
2023 $7,495 $719,300 $387,600 $331,700
2022 $7,483 $707,900 $387,600 $320,300
2021 $7,098 $648,200 $361,800 $286,400
2020 $6,692 $605,600 $323,000 $282,600
2019 $6,177 $571,400 $298,400 $273,000
2018 $6,059 $534,800 $271,300 $263,500
2017 $5,933 $502,800 $258,400 $244,400
2016 $5,758 $467,000 $251,900 $215,100
2015 $5,385 $415,500 $219,600 $195,900
2014 $5,175 $389,700 $193,800 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72941189

MLS Property Information Network (MLS PIN)

APN: MELR-000010E-000000-000123