NOT LISTED FOR SALE

242 1st St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $802,013 - $961,000

4 Beds
2 Baths
1,645 Sq Ft
$535/Sq Ft Est. Value

About This Home

This home is located at 242 1st St, Melrose, MA 02176 and is currently estimated at $879,253, approximately $534 per square foot. 242 1st St is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Horace Mann Elementary School, and Hoover Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Codair David G
Bought by
Codair Kelly G
Current Estimated Value
$879,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Outstanding Balance
$522,886
Interest Rate
6.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$356,367

Purchase Details

Closed on
Jun 28, 2007
Sold by
Sasso Ilene M and Sasso Michael J
Bought by
Codair David G and Codair Kelly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1989
Sold by
Broderick Art W Est
Bought by
Sasso Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Codair Kelly G -- None Available
Codair Kelly G -- None Available
Codair David G $350,000 --
Codair David G $350,000 --
Sasso Michael J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Codair Kelly G $526,000
Closed Codair Kelly G $526,000
Previous Owner Sasso Michael J $309,500
Previous Owner Codair David G $315,000
Previous Owner Sasso Michael J $107,900
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 $6,606 $667,300 $415,800 $251,500
2024 $6,317 $636,200 $390,600 $245,600
2023 $6,355 $609,900 $378,000 $231,900
2022 $6,353 $601,000 $378,000 $223,000
2021 $18,589 $565,600 $352,800 $212,800
2020 $18,214 $528,000 $315,000 $213,000
2019 $5,257 $486,300 $291,100 $195,200
2018 $17,297 $459,800 $264,600 $195,200
2017 $5,052 $428,100 $252,000 $176,100
2016 $4,909 $398,100 $245,700 $152,400
2015 $4,717 $364,000 $220,500 $143,500
2014 $4,499 $338,800 $195,300 $143,500
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose East Side

242 1st St, Melrose, MA

Not Listed for Sale

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