$651,000
SOLD JUN 5, 2017
5 Beds
3 Baths
3,360 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

16% Above List Price

10 Days on Market

About This Home

As of October 2019

CONTRACTOR/INVESTOR ALERT! Rare opportunity to reclaim this vacant multi-family property previously used as a 3-family. Perfectly located just a short stroll to Melrose's charming Main St shops & restaurants, less than 1 block to bus & commuter rail, this side-by-side style property features one townhouse style unit with 6 rms, 3 bdrms & 1 ba; & two 4 rm, 1 bdrm, 1 ba units on the other side. All separate utilities, fully fenced divided back yard & parking galore (2 driveways) at least 4-6 cars each side. There is water damage to both 1 bedroom units from a broken water pipe in the second floor unit as well as extensive damage to the staircase/hallway giving 2nd egress to the second floor unit. There is no water damage to the 3-bedroom unit. See disclosure for City Inspector requirements for issuance of CO. Property is being offered as is, where is, and buyers should conduct their own diligence. Delivered vacant. Buyer to remove remaining contents.

Last Agent to Sell the Property

Michele Goodwin

Leading Edge Real Estate Listed on: 03/08/2017

Leading Edge Real Estate

Last Buyer's Agent

Joe Roman

Thread Real Estate, LLC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 11, 2019
Sold by
Brown Dog Properties Llc
Bought by
Allured Ryan and Allured Arti
Seller's Agent
Joe Roman
Thread Real Estate, LLC
Buyer's Agent
Kendall Green Luce Team
Compass
List Price
$749,000
Sold Price
$760,000
Premium/Discount to List
$11,000
1.47%
Total Days on Market
10
Current Estimated Value
$883,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,469
Avg. Annual Appreciation
2.38%
Original Mortgage
$260,000
Outstanding Balance
$231,255
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$636,873
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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 Type Sale Price Title Company
Condominium Deed $749,000 --
Condominium Deed $760,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Open $636,650 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $760,000 +1.5% $402 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $749,000 +15.1% $397 / Sq Ft
06/05/2017 06/05/17 Sold $651,000 +16.5% $194 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $559,000 -- $166 / 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 $76 $766,200 $0 $766,200
2024 $7,537 $759,000 $0 $759,000
2023 $7,715 $740,400 $0 $740,400
2022 $7,559 $715,100 $0 $715,100
2021 $7,656 $699,200 $0 $699,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72128575

MLS Property Information Network (MLS PIN)

APN: MELR M:0B6 P:00046-1