NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,156,248

5 Beds
2 Baths
3,116 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2013

Last sale price $495,000 $159 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,674 / mo

13 Days on Market

About This Home

As of October 2013

Wow. What an opportunity! Multifamily home that used to be a grand Victorian single family when it was first built. Perfect for an extended family wanting a 1+ BR unit, with a separate 4+ BR unit for that growing family. Or if the space is too big for your needs, then rent out the other unit and earn an income while living in your home and have help toward paying the mortgage. Or revert it back to a grand Victorian single family home. Move in ready, but ample opportunity to customize the home to your needs/desires. First floor unit has 1+ bedrooms, fireplaced dining room and has central air! Second floor unit comprises 2 floors, with living room, dining room, fabulous turret room with soaring ceilings, and 4+ bedrooms. Located in fabulous historic Russell Park neighborhood, steps to Lincoln Elementary school, close to Oak Grove T station (orange line), Wyoming Hill commuter rail and downtown Melrose, a quintessential New England town with everything that you could possibly want?

Last Agent to Sell the Property

Danielle Fleming

MA Properties Listed on: 09/18/2013

Last Buyer's Agent

Kathryn Early

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

Multi-Family

Year Built

1895

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Park, Public School, T-Station
  • Energy: Insulated Windows
  • Basement: Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2

Lot Info

  • Assessor Parcel Number: M:0B5 P:0000089

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 31, 2013
Sold by
Bought by
Seller's Agent
Danielle Fleming
MA Properties
Buyer's Agent
Kathryn Early
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$450,000
Sold Price
$495,000
Premium/Discount to List
$45,000
10%
Current Estimated Value
$1,050,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,062
Avg. Annual Appreciation
6.16%
Original Mortgage
$505,642
Outstanding Balance
$373,367
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$676,695

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 --
$495,000 --
$495,000 --
$348,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $505,642
Closed $505,642
Previous Owner $351,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $495,000 +10.0% $159 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $450,000 -- $144 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $85 $856,400 $470,200 $386,200
2024 $8,141 $819,800 $456,400 $363,400
2023 $8,038 $771,400 $414,900 $356,500
2022 $8,022 $758,900 $414,900 $344,000
2021 $7,657 $699,300 $387,200 $312,100
2020 $7,222 $653,600 $345,700 $307,900
2019 $6,742 $623,700 $319,500 $304,200
2018 $6,614 $583,800 $290,400 $293,400
2017 $6,398 $542,200 $276,600 $265,600
2016 $6,206 $503,300 $269,700 $233,600
2015 $6,054 $467,100 $235,100 $232,000
2014 $5,515 $415,300 $207,400 $207,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71585314

MLS Property Information Network (MLS PIN)

APN: MELR-000005B-000000-000089

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