283 Melrose St Auburndale, MA 02466
Auburndale NeighborhoodEstimated payment $89,144/month
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit
- C.C. Burr Rated A
- 1.01 Acre Lot
- No HOA
About This Lot
Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.
Property Details
Property Type
- Land
Est. Annual Taxes
- $26,165
Lot Details
- 1.01 Acre Lot
- Level Lot
- Cleared Lot
- Rough Grade
- Property is zoned VC2 or MR1
Location
- Property is near public transit
- Property is near schools
Schools
- Williams Elementary School
- Brown Middle School
- South High School
Utilities
- Electricity To Lot Line
Listing and Financial Details
- Assessor Parcel Number 690440
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
- Electricity Available at Street
Map
Home Values in the Area
Average Home Value in this Area
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 | $26,165 | $2,669,900 | $1,569,200 | $1,100,700 |
| 2024 | $44,989 | $3,588,800 | $1,569,200 | $2,019,600 |
| 2023 | $0 | $3,484,200 | $1,508,800 | $1,975,400 |
| 2022 | $44,989 | $2,255,100 | $1,335,400 | $919,700 |
| 2021 | $45,373 | $2,255,100 | $1,335,400 | $919,700 |
| 2020 | $11,160 | $2,255,100 | $1,335,400 | $919,700 |
| 2019 | $11,402 | $2,255,100 | $1,335,400 | $919,700 |
| 2018 | $41,910 | $2,032,500 | $1,214,100 | $818,400 |
| 2017 | $8,679 | $1,974,700 | $1,156,300 | $818,400 |
| 2016 | $32,307 | $1,472,500 | $578,400 | $894,100 |
| 2015 | $32,955 | $1,472,500 | $578,400 | $894,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $16,500,000 | -- | $165,000 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,430,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73451395
APN: NEWT-000041-000014-000010
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