NOT LISTED FOR SALE

Estimated Value: $855,471 - $904,000

4 Beds
3 Baths
2,172 Sq Ft
$403/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $675,000 $311 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,923/month

15 Days on Market

About This Home

As of December 2020

Don't miss this superb and uncommon two-family tucked away in this highly sought after residential Melrose neighborhood! First floor unit features a tenant occupied one bedroom, one-bathroom unit with off street parking. Upstairs unit features three bedrooms on two floors with one and a half baths. Two bedrooms are located on the third floor with a half bath are currently being used a private master suite. The large living room has a fireplace and loads of sun light. Gleaming hardwood floors, soaring ceilings and eat in Kitchen features stainless steel appliances, granite counter tops and in unit washer/dryer that make this home an extraordinary value. Enjoy the benefit of Melrose downtown restaurants & shops less than a mile away! Close to Middlesex Fells Reservation & the Stoneham Zoo. Only 1/2 mile to Wyoming Station commuter rail. Easy access to Orange Line & highways & a quick drive to Boston!

Last Agent to Sell the Property

Jay Noble

Compass Listed on: 10/05/2020

Compass

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $73

Year Built

  • Built in 1900

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile

Schools

  • Melrose High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0A7 P:0000099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$73

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 331.45
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: AN4870
  • Main So: H11111
  • Estimated Sq Ft: 2172.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Highway Access, Public School, University

Schools

  • Middle School: MVMMS
  • High School: Melrose HS

Lot Info

  • Assessments: 520800.00
  • Acre: 0.07
  • Lot Size: 3193.00
  • Page: 473
  • Parcel Number: M:0A7 P:0000099
  • Zoning: URA
  • Lot Description: Corner, Paved Drive, Easements, Shared Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1500
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5755.00
  • Assessor Parcel Number: 652206
  • Tax Year: 2020

MLS Schools

  • High School: Melrose HS
  • Middle School: MVMMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2021
Sold by
King Marilyn L
Bought by
Marilyn L King Ft
Total Days on Market
15
Current Estimated Value
$875,868

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 15, 2020
Sold by
Shpirt Gene L
Bought by
King Marilyn L
Seller's Agent
Jay Noble
Compass
Buyer's Agent
Non Member
Non Member Office
List Price
$719,900
Sold Price
$675,000
Premium/Discount to List
-$44,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$438,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Musto Steven R
Bought by
Shpirt Gene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,620
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2009
Sold by
Martens Annette and Brown Annette L
Bought by
Musto Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,091
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1989
Sold by
Oconnell Michael L
Bought by
Brown Ronald O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
9.93%
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
Marilyn L King Ft -- None Available
King Marilyn L $675,000 None Available
Shpirt Gene L $370,000 --
Musto Steven R $355,000 --
Brown Ronald O $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Marilyn L $438,750
Previous Owner Shpirt Gene L $430,000
Previous Owner Shpirt Gene L $302,000
Previous Owner Shpirt Gene L $360,620
Previous Owner Musto Steven R $325,091
Previous Owner Brown Annette L $180,000
Previous Owner Brown Ronald O $100,000
Previous Owner Brown Ronald O $46,000
Previous Owner Brown Ronald O $135,000
Previous Owner Brown Ronald O $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $675,000 0.0% $311 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/20/2020 10/20/20 Off Market $675,000 -- --
10/05/2020 10/05/20 For Sale $719,900 -- $331 / 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 $73 $736,200 $380,000 $356,200
2024 $7,016 $706,500 $368,800 $337,700
2023 $6,883 $660,600 $335,300 $325,300
2022 $6,876 $650,500 $335,300 $315,200
2021 $6,102 $557,300 $312,900 $244,400
2020 $5,755 $520,800 $279,400 $241,400
2019 $5,320 $492,100 $258,200 $233,900
2018 $5,223 $461,000 $234,700 $226,300
2017 $5,129 $434,700 $223,500 $211,200
2016 $5,012 $406,500 $217,900 $188,600
2015 $4,711 $363,500 $190,000 $173,500
2014 $4,530 $341,100 $167,600 $173,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72737641

MLS Property Information Network (MLS PIN)

APN: MELR-000007A-000000-000099