NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,136,000

4 Beds
2 Baths
2,068 Sq Ft
$491/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2024

Last sale price $976,000 $472 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,576 / mo

5 Days on Market

Highlights

  • Medical Services
  • Property is near golf course, public transit, and schools
  • Community Pool
  • Lincoln Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Lynde Park

About This Home

As of January 2024

GREAT OPPORTUNITY TO OWN an updated 2-FAMILY IN MELROSE!! Move right into one of the units or rent out both to start collecting rents. Conveniently located, this home is on a quiet street with 2 blocks from town center shops & restaurants, close to commuter rail stops, making this location a commuter's dream. New 2023 higher grade vinyl siding, an updated list including newer electrical, and plumbing with new sewer waste pipes, beautiful good sized Kitchens, bathrooms with master en-suites, trims, casings and baseboards, windows, recessed lightings, and new hardwood flooring throughout. Each unit has 2 bedrooms plus 1 extra room that could be used as a bedroom or study room. The second-floor unit has two full baths including a master ensuite bath. Unit 1 has forced hot air and unit 2 offers steam heat. Laundry room in each unit. Great size fenced-in backyard and ample parking spaces. Don't miss out on this one!

Last Agent to Sell the Property

Anita Lin

Coldwell Banker Realty - Lexington Listed on: 01/04/2024

Coldwell Banker Realty - Lexington

Co-Listed By

John Huang

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Janet Wu Cook

Keller Williams Elite

Keller Williams Elite

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 5,140 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,068 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near golf course, public transit, and schools

Schools

  • Apply Elementary School
  • Mvmms Middle School
  • MHS High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M:0D7 P:0000069,654796

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,106

Year Built

Built in 1900 | Remodeled

Lot Details

5,140 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1900
  • 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: 3

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters,Bathroom with Shower Stall), Unit 2(Stone/Granite/Solid Counters,Bathroom with Shower Stall), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2068
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN4893

Exterior Features

  • Exterior Features: Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0D7 P:0000069,654796
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5140
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7106

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Mhs
  • Elementary School: Apply
  • Middle Or Junior School: Mvmms

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
Jan 4, 2024
Closed on
Jan 30, 2024
Sold by
Bought by
Seller's Agent
Anita Lin
Coldwell Banker Realty - Lexington
Buyer's Agent
Janet Wu Cook
Keller Williams Elite
List Price
$899,000
Sold Price
$976,000
Premium/Discount to List
$77,000
8.57%
Views
96
Current Estimated Value
$1,015,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,456
Avg. Annual Appreciation
1.55%
Original Mortgage
$780,800
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 9, 2018
Sold by
Bought by
Seller's Agent
Kim Perrotti
Leading Edge Real Estate
Buyer's Agent
Dan Wu
MLJ Real Estate Service LLC
List Price
$575,000
Sold Price
$640,000
Premium/Discount to List
$65,000
11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Melrose, MA

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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
$976,000 None Available
$640,000 --
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 $763,837
Closed $780,800
Previous Owner $600,000
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 Prior Sale
01/30/2024 01/30/24 Sold $976,000 +8.6% $472 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $899,000 +40.5% $435 / Sq Ft
07/09/2018 07/09/18 Sold $640,000 +11.3% $304 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $575,000 -- $273 / 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 $76 $765,300 $419,200 $346,100
2024 $7,159 $720,900 $392,100 $328,800
2023 $7,106 $682,000 $365,100 $316,900
2022 $6,966 $659,000 $351,600 $307,400
2021 $6,591 $601,900 $338,000 $263,900
2020 $6,323 $572,200 $311,000 $261,200
2019 $5,595 $517,600 $297,500 $220,100
2018 $5,199 $458,900 $246,800 $212,100
2017 $5,107 $432,800 $236,600 $196,200
2016 $4,725 $383,200 $209,600 $173,600
2015 $4,759 $367,200 $209,600 $157,600
2014 $4,652 $350,300 $192,700 $157,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73190973

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000069

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