$3,000,000
PENDING

Estimated payment $16,637/month

Total Views 11,080
0.43 Acre
$6,976,744 Price per Acre
18,731 Sq Ft Lot

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Lincoln Elementary School Rated A-
  • 0.43 Acre Lot
  • No HOA

About This Lot

REDEVELOPMENT OPPORTUNITY! This home is being offered in connection with the sale of 236-238 Main Street. Combining both lots will create a 31,737sqft lot. Under special permitting by the city that would allow the possibility for 9 units to be built, if not more. Seller makes no representations as to the cities willingness to grant such special permit and makes no warranties about the potential highest and best use. All due diligence is the buyer's/buyer's agents responsibility. On the MBTA bus line, Commuter Rail a short walk, as well as Downtown Melrose. Lot boundaries drawn in photos are approximate and for reference only.

Listing Agent

Kevin Sexton

William Raveis R.E. & Home Services Listed on: 10/13/2025

William Raveis R.E. & Home Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,088

Lot Details

  • 0.43 Acre Lot
  • Sloped Lot
  • Property is zoned URB

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 653619

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$10,088

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: M59500

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer, On-Site
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public, On-Site

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 653619
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18539
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10088

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $101 $1,019,000 $443,600 $575,400
2024 $9,526 $959,300 $415,100 $544,200
2023 $9,527 $914,300 $386,400 $527,900
2022 $9,333 $883,000 $372,100 $510,900
2021 $8,874 $810,400 $357,900 $452,500
2020 $8,575 $776,000 $329,400 $446,600
2019 $8,080 $747,500 $315,100 $432,400
2018 $7,703 $679,900 $261,700 $418,200
2017 $7,462 $632,400 $251,000 $381,400
2016 $6,915 $560,800 $222,500 $338,300
2015 $7,241 $558,700 $222,500 $336,200
2014 $6,760 $509,000 $204,700 $304,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Pending -- -- --
10/13/2025 10/13/25 For Sale $3,000,000 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $127,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73443403

MLS Property Information Network (MLS PIN)

APN: MELR-000005C-000000-000024