NOT LISTED FOR SALE

24 Gibbons St Melrose, MA 02176

Oak Grove-Pine Banks Neighborhood

Estimated Value: $726,000 - $891,824

2 Beds
1 Bath
1,404 Sq Ft
$596/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $355,000 $253 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,009/month

7 Days on Market

About This Home

As of May 2015

Charming Cape on a quiet side street is looking for a new owner to move in and make it their own. Great opportunity to get into Melrose before spring arrives! There is a spacious front to back living room, formal dining room, and an original kitchen just waiting to be renovated. The second floor has two bedrooms with hardwood floors and a full bath. The lower level could be used for storage or as an additional room. This home has had some updates over the years which include 100 AMP electric, heating system and vinyl siding. There is a nice private yard along with a one car detached garage. Conveniently located near Oak Grove and Pine Bank's Park makes this an ideal commuter home.

Last Agent to Sell the Property

Kimberley Kaufman

Harbor View Real Estate Corp. Listed on: 03/11/2015

Last Buyer's Agent

Karen Laplante

Brad Hutchinson Real Estate License #448553778

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,546

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Public School, T-Station
  • Electric: 100 Amps
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full
  • Bedroom 2: Second Floor, 11X9
  • Bathroom #1: Second Floor
  • Kitchen: First Floor, 11X9
  • Laundry Room: Basement
  • Living Room: First Floor, 19X14
  • Master Bedroom: Second Floor, 14X14
  • Dining Room: First Floor, 11X11

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Concrete Block

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 6, 2015
Sold by
Jencks Cynthia A Est
Bought by
Raymond Brandon and Raymond Kara
Seller's Agent
Kimberley Kaufman
Harbor View Real Estate Corp.
Buyer's Agent
Karen Laplante
Brad Hutchinson Real Estate
List Price
$339,900
Sold Price
$355,000
Premium/Discount to List
$15,100
4.44%
Current Estimated Value
$836,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,706
Avg. Annual Appreciation
8.52%
Original Mortgage
$275,000
Outstanding Balance
$211,927
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$624,779

Purchase Details

Closed on
Nov 17, 1994
Sold by
Prodanas Archie
Bought by
Jencks Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Raymond Brandon $355,000 --
Jencks Cynthia A $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond Brandon $275,000
Previous Owner Jencks Cynthia A $110,600
Previous Owner Jencks Cynthia A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2015 05/06/15 Sold $355,000 +4.4% $253 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $339,900 -- $242 / 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 $7,546 $762,200 $414,900 $347,300
2024 $5,572 $561,100 $388,100 $173,000
2023 $5,468 $524,800 $361,400 $163,400
2022 $5,348 $506,000 $348,000 $158,000
2021 $5,395 $492,700 $348,000 $144,700
2020 $5,148 $465,900 $321,200 $144,700
2019 $4,573 $423,000 $294,400 $128,600
2018 $4,225 $372,900 $244,300 $128,600
2017 $4,155 $352,100 $234,200 $117,900
2016 $3,801 $308,300 $200,800 $107,500
2015 $3,739 $288,500 $190,700 $97,800
2014 $3,610 $271,800 $174,000 $97,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2015

    Karen Laplante

    Brad Hutchinson Real Estate

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71799992

MLS Property Information Network (MLS PIN)

APN: MELR-000005D-000000-000059

Massachusetts Middlesex County Melrose 02176 Oak Grove-Pine Banks

24 Gibbons St, Melrose, MA

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