242 1st St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $796,919 - $1,081,000
4
Beds
2
Baths
1,645
Sq Ft
$550/Sq Ft
Est. Value
About This Home
This home is located at 242 1st St, Melrose, MA 02176 and is currently estimated at $904,230, approximately $549 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
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
$520,584
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$383,646
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
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Home Values in the Area
Average Home Value in this Area
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 | -- | |
| Codair David G | $350,000 | -- | |
| Sasso Michael J | $150,000 | -- | |
| 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 |
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
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