NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,162,093

5 Beds
2.5 Baths
2,772 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $836,265 $302 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,775/month

20 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 3 Fireplaces
  • Winthrop Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of September 2023

First time on market since 1949!! This charming, historical side-by-side 2-family home, the Jesse Upham home, is a great opportunity for investors or owner-occupants alike! Even convert to condos or back to a single family. These units are spacious and have a formal dining room, quaint fireplaces, large living rooms and bedrooms, newer windows and roof, in-unit laundry, off street parking and full basement. Enjoy activities outdoor with this extra large flat lot and a three-car garage with plenty of additional storage in loft. With the proximity to Boston, excellent public transportation, and great shopping and restaurants you don't want to miss out on this great opportunity to buy in Melrose!!

Last Agent to Sell the Property

Lisa Yeastedt

RE/MAX Bentley's Listed on: 07/02/2023

RE/MAX Bentley's

Last Buyer's Agent

Anthony Rosso

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 1840

Lot Details

  • 0.25 Acre Lot
  • Property fronts an easement
  • Level Lot

Parking

  • 3 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Property has 2 Levels
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Melrose Vet Mem Middle School
  • Melrose High School

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,600
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0F8 P:0000136,656917

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,948

Year Built

Built in 1840

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1840
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Wall Oven,Dishwasher,Countertop Range,Refrigerator,Washer,Vent Hood), Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Unfinished
  • Living Area: 2772
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN2888
  • LIST PRICE PER Sq Ft: 306.28
  • PRICE PER Sq Ft: 301.68
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 1(Window AC), Unit 2(None)
  • Heating: Unit 1(Oil), Unit 2(Oil)
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0F8 P:0000136,656917
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10842
  • Lot Size Units: Acres
  • PAGE: 486
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7948
  • Tax Book Number: 57037

Multi Family

  • Gross Income: 19200
  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 1600
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Melrose
  • Middle Or Junior School: Melrose Vet Mem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2011
Sold by
Pothier Elizabeth M
Bought by
T2011 Emp
Current Estimated Value
$1,044,360

Purchase Details

Closed on
Nov 14, 2006
Sold by
Maldonado Orlando
Bought by
Maldonado Augustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
T2011 Emp -- --
Maldonado Augustin $462,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Augustin $369,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $836,265 -1.5% $302 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $849,000 -5.7% $306 / Sq Ft
07/02/2023 07/02/23 For Sale $899,900 -- $325 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $88 $892,000 $450,700 $441,300
2024 $7,789 $784,400 $423,400 $361,000
2023 $7,948 $762,800 $409,700 $353,100
2022 $7,934 $750,600 $409,700 $340,900
2021 $7,582 $692,400 $382,400 $310,000
2020 $7,154 $647,400 $341,400 $306,000
2019 $6,609 $611,400 $315,500 $295,900
2018 $6,486 $572,500 $286,800 $285,700
2017 $6,281 $532,300 $273,100 $259,200
2016 $6,103 $495,000 $266,300 $228,700
2015 $6,181 $476,900 $239,000 $237,900
2014 $5,667 $426,700 $211,700 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73124105

MLS Property Information Network (MLS PIN)

APN: MELR-000008F-000000-000136