NOT LISTED FOR SALE

21 Lake Ave Melrose, MA 02176

Downtown Melrose Neighborhood

Estimated Value: $1,338,000 - $1,601,000

5 Beds
3 Baths
3,120 Sq Ft
$467/Sq Ft Est. Value

About This Home

This home is located at 21 Lake Ave, Melrose, MA 02176 and is currently estimated at $1,458,082, approximately $467 per square foot. 21 Lake Ave is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Lincoln Elementary School, and Horace Mann Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Mcaree John J and Mcaree Elke
Bought by
Mcaree Elke
Current Estimated Value
$1,354,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$171,522
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,188,410

Purchase Details

Closed on
Apr 16, 2008
Sold by
Peterson Leonard J and Peterson Rosemary E
Bought by
Mcaree Elke and Mcaree John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcaree Elke -- --
Mcaree Elke $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcaree Elke $195,000
Previous Owner Mcaree John J $394,000
Previous Owner Mcaree John J $417,000
Previous Owner Mcaree Elke $434,000
Previous Owner Peterson Leonard J $38,000
Source: Public Records

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 $115 $1,164,000 $579,200 $584,800
2024 $11,559 $1,164,000 $579,200 $584,800
2023 $10,952 $1,051,100 $516,600 $534,500
2022 $10,588 $1,001,700 $485,300 $516,400
2021 $10,095 $921,900 $438,300 $483,600
2020 $10,179 $921,200 $438,300 $482,900
2019 $9,112 $842,900 $396,100 $446,800
2018 $9,141 $806,800 $360,000 $446,800
2017 $8,804 $746,100 $344,400 $401,700
2016 $8,134 $659,700 $328,700 $331,000
2015 $8,187 $631,700 $313,100 $318,600
2014 $8,180 $616,000 $297,400 $318,600
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

21 Lake Ave, Melrose, MA

This home is located at 21 Lake Ave, Melrose, MA 02176 and is currently estimated at $1,458,082, approximately $467 per square foot. 21 Lake Ave is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Lincoln Elementary School, and Horace Mann Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes