NOT LISTED FOR SALE

260 Tremont St Unit 21 Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $261,000 - $377,000

1 Bed
1 Bath
585 Sq Ft
1961 Built

Sale Details

Date Sold: August 16, 2021

Last sale price $288,500 $493 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,936 / mo

23 Days on Market

Highlights

  • Property is near public transit and schools
  • 2-minute walk to Melrose Highlands
  • Jogging Path
  • Roosevelt Elementary School Rated A-
  • Wood Flooring
  • Elevator

About This Home

As of August 2021

Beautiful condo unit with 1 parking in building of 260 Tremont St located in the heart of Melrose Highlands. This lovely spacious 1 bed unit features a sunlight-flooded living & dining area. Nice and clean recently updated bathroom. A fully applianced kitchen with great quality countertop, laminated hardwood floors, very opened layout, built-in wall AC, extra storage at the first floor, and 1 deeded off-street parking to complete this unit. Literally steps to the commuter rail and easy access to I-93, with the restaurants and stores nearby - Can't miss this gem!

Last Agent to Sell the Property

Jack Yang

Coldwell Banker Realty - Cambridge Listed on: 06/09/2021

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Katalist Group

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1961

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 585 Sq Ft Home
  • 4-Story Property
  • Intercom

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit and schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:C12 P:000821,659103

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash
  • 23 Units
  • Low-Rise Community
  • Plaza Condominium Community

Amenities

  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,090

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1961
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building, In Unit
  • Living Area: 585
  • Stories Total: 4
  • MAIN LO: AN6181
  • MAIN SO: AN2383

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Storage
  • Association Fee: 194
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Parcel Number: M:C12 P:000821,659103
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3090

Multi Family

  • Number Of Units Total: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 16, 2021
Sold by
Cheong Teng-Teng and Lau Tsz C
Bought by
Abbas Wadie
Seller's Agent
Jack Yang
Coldwell Banker Realty - Cambridge
Buyer's Agent
Katalist Group
Compass
List Price
$285,000
Sold Price
$288,500
Premium/Discount to List
$3,500
1.23%
Current Estimated Value
$322,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,455
Avg. Annual Appreciation
2.47%
Original Mortgage
$258,300
Outstanding Balance
$231,811
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,144

Purchase Details

Listed on
Jul 1, 2015
Closed on
Aug 28, 2015
Sold by
Rappaport Brenda
Bought by
Cheong Teng-Teng and Lau Tsz C
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Bigelow/ Irving
Compass
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$150,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Charles J Oleary and Charles Oleary
Bought by
Berry Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2004
Sold by
Oleary Charles
Bought by
Oleary Charles J and Oleary Charles J

Purchase Details

Closed on
Oct 31, 2000
Sold by
Labarbera Roberta
Bought by
Oleary Charles

Purchase Details

Closed on
Apr 14, 1989
Sold by
Lesaffre Robert
Bought by
Lee Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
10.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Abbas Wadie $288,500 None Available
Cheong Teng-Teng $200,000 --
Berry Brenda $167,000 --
Oleary Charles J -- --
Oleary Charles $107,000 --
Lee Roberta $93,500 --
Lee Roberta E $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbas Wadie $258,300
Previous Owner Cheong Teng-Teng $150,000
Previous Owner Berry Brenda $133,600
Previous Owner Lee Roberta E $62,400
Previous Owner Lee Roberta E $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $288,500 +1.2% $493 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $285,000 0.0% $487 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $285,000 +42.5% $487 / Sq Ft
08/28/2015 08/28/15 Sold $200,000 +0.1% $342 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $199,900 -- $342 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $32 $318,700 $0 $318,700
2024 $3,130 $315,200 $0 $315,200
2023 $3,081 $295,700 $0 $295,700
2022 $2,905 $274,800 $0 $274,800
2021 $3,090 $282,200 $0 $282,200
2020 $3,118 $282,200 $0 $282,200
2019 $2,703 $250,000 $0 $250,000
2018 $2,352 $207,600 $0 $207,600
2017 $2,259 $191,400 $0 $191,400
2016 $1,780 $144,400 $0 $144,400
2015 -- $130,400 $0 $130,400
2014 $1,677 $126,300 $0 $126,300
Source: Public Records

Agents Affiliated with this Home

  • Jack Yang

    Seller's Agent in 2021

    Jack Yang

    Coldwell Banker Realty - Cambridge

    (617) 642-8233

    1 in this area

    47 Total Sales

    Jack Yang
    Section Image

  • K

    Buyer's Agent in 2021

    Katalist Group

    Compass

    (617) 888-1588

    1 in this area

    17 Total Sales

    Katalist Group
    Section Image
  • Jason Saphire

    Seller's Agent in 2015

    Jason Saphire

    Saphire Hospitality, Inc.

    (877) 249-5478

    2,105 Total Sales

    Jason Saphire
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72846229

MLS Property Information Network (MLS PIN)

APN: MELR-000012C-000000-000008-000021

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

260 Tremont St Unit 21, Melrose, MA

Not Listed for Sale

Condos

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