NOT LISTED FOR SALE

Estimated Value: $645,000 - $717,870

2 Beds
1 Bath
1,128 Sq Ft
$613/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $420,000 $372 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,677/month

5 Days on Market

About This Home

As of August 2017

This charming Bungalow is the perfect way to get into the Melrose housing market -- named one of the country's hottest zip codes by Boston Magazine. Period details include hardwood floors, natural woodwork and high ceilings. The house is in good condition, but ready for your updates or expansion. The unheated second floor is roughly finished, but with a 7 year old, 3-zone high efficiency gas boiler, there is room for expansion. The 3-season front and back porches add to the usable space, but are not included in the total square footage. A finished lower level room is the perfect “Wo[Man]” cave! The solar panel system keeps the electric bill low. Bird lover's garden area is compact but totally private and tranquil. Just a short distance from downtown with shops and restaurants. Become part of this vibrant community.

Last Agent to Sell the Property

Julie Duncan, Broker

Barrett Sotheby's International Realty Listed on: 07/05/2017

Last Buyer's Agent

Kristin Weekley

Leading Edge Real Estate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 22, 2017
Sold by
Hussey Harry M and Kander Tami L
Bought by
Ordman Justin H and Petersen Jeremy R
Seller's Agent
Julie Duncan, Broker
Barrett Sotheby's International Realty
Buyer's Agent
Kristin Weekley
Leading Edge Real Estate
List Price
$398,000
Sold Price
$420,000
Premium/Discount to List
$22,000
5.53%
Total Days on Market
5
Current Estimated Value
$691,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,968
Avg. Annual Appreciation
6.63%
Original Mortgage
$405,982
Outstanding Balance
$343,571
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$348,397

Purchase Details

Closed on
Jan 15, 2003
Sold by
Salie William E
Bought by
Hussey Harry M and Kander Tami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ordman Justin H $420,000 --
Hussey Harry M $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordman Justin H $405,982
Previous Owner Hussey Harry M $225,000
Previous Owner Hussey Harry M $210,000
Previous Owner Hussey Harry M $238,400
Previous Owner Salie William E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $420,000 +5.5% $372 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $398,000 -- $353 / 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 $57 $571,600 $396,100 $175,500
2024 $5,369 $540,700 $370,500 $170,200
2023 $5,193 $498,400 $345,000 $153,400
2022 $5,133 $485,600 $332,200 $153,400
2021 $5,074 $463,400 $319,400 $144,000
2020 $4,840 $438,000 $293,900 $144,100
2019 $4,482 $414,600 $281,100 $133,500
2018 $4,080 $360,100 $233,200 $126,900
2017 $4,136 $350,500 $223,600 $126,900
2016 $4,029 $326,800 $198,000 $128,800
2015 $4,173 $322,000 $198,000 $124,000
2014 $4,065 $306,100 $182,100 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72193441

MLS Property Information Network (MLS PIN)

APN: MELR-000004C-000000-000025