Seller's Agent in 2022
Maryellen Russo
The Aland Realty Group LLC
(781) 486-3801
4 in this area
91 Total Sales
215 Laurel St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $934,000 - $1,044,000
4
Beds
2.5
Baths
2,379
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Colonial Architecture
- Winthrop Elementary School Rated A
- Custom Closet System
- Deck
About This Home
As of April 2022Treasured by one family for years, this spacious 4 bed, 2.5 bath Colonial offers potential galore! Bring your ideas and update to your liking! This diamond in the rough awaits! Hardwood floors are under all carpets in the first floor (with the exception of the family room), stairs and upstairs bedrooms. Eat in kitchen boasts updated cabinets, and tiled ceiling. Large, bright primary bedroom features a huge closet. Space for everyone with 3 additional bedrooms. Walk in storage, once used as a wine cellar, is just off the back of the lower level bonus rooms. Bonus rooms, with convenient half bath, would make great home gym or office spaces. 1 car garage and off street parking. Entertain in the warmer months on the partially covered patio with decorative stone wall overlooking the large lot. Great commuter location - close proximity to 3 commuter rail stations, bus route, Melrose Common, Route 1 and the amazing Melrose Center! Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,869
Year Built
- Built in 1940
Lot Details
- 8,276 Sq Ft Lot
- Stone Wall
- Level Lot
- Cleared Lot
- Property is zoned URA
Parking
- 1 Car Attached Garage
- Side Facing Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,379 Sq Ft Home
- Chair Railings
- Ceiling Fan
- Insulated Windows
- Bay Window
- Insulated Doors
- Living Room with Fireplace
- Bonus Room
- Basement Fills Entire Space Under The House
- Attic Access Panel
- Storm Doors
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Cedar Closet
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Separate Shower
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Utilities
- Central Air
- 1 Cooling Zone
- 3 Heating Zones
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Oil Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:0G7 P:0000113,657342
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2022
Closed on
Apr 15, 2022
Sold by
215 Laurel Street Ret and Foshage
Bought by
Srinivas Swaminath and Negi Soumya
Seller's Agent
Maryellen Russo
The Aland Realty Group LLC
Buyer's Agent
Wenjen Hwang
MA Properties
List Price
$699,900
Sold Price
$852,551
Premium/Discount to List
$152,651
21.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,118
Avg. Annual Appreciation
3.68%
Original Mortgage
$682,040
Outstanding Balance
$634,916
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,753
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Srinivas Swaminath | $852,551 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Srinivas Swaminath | $682,040 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2022 04/15/22 | Sold | $852,551 | +21.8% | $358 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $699,900 | -- | $294 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $77 | $781,400 | $462,200 | $319,200 |
| 2024 | $7,481 | $753,400 | $434,200 | $319,200 |
| 2023 | $7,067 | $678,200 | $420,200 | $258,000 |
| 2022 | $7,070 | $668,900 | $420,200 | $248,700 |
| 2021 | $6,869 | $627,300 | $392,200 | $235,100 |
| 2020 | $6,468 | $585,300 | $350,100 | $235,200 |
| 2019 | $5,838 | $540,100 | $323,500 | $216,600 |
| 2018 | $5,786 | $510,700 | $294,100 | $216,600 |
| 2017 | $5,678 | $481,200 | $280,100 | $201,100 |
| 2016 | $5,593 | $453,600 | $273,100 | $180,500 |
| 2015 | $5,209 | $401,900 | $245,100 | $156,800 |
| 2014 | $4,965 | $373,900 | $217,100 | $156,800 |
Source: Public Records
Agents Affiliated with this Home
-
Maryellen Russo
-
Wenjen Hwang
Buyer's Agent in 2022
Wenjen Hwang
MA Properties
(978) 810-5897
1 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72948503
APN: MELR-000007G-000000-000113
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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