Seller's Agent in 2021
Leeman & Gately
Compass
(781) 844-5191
20 in this area
199 Total Sales
303 Franklin St Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $1,086,000 - $1,681,000
7
Beds
6
Baths
4,378
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- 3-minute walk to Melrose Highlands
- Wood Flooring
- Roosevelt Elementary School Rated A
- Deck
- 2-minute walk to Dunton Park
About This Home
As of January 2021"The Kimball House, Couturier" Melrose Victorian 3-family! Amazing historical home sited on a large corner lot in the heart of Franklin Square & Melrose Highlands. High ceilings, natural light & striking architectural details frame this modernized, energy efficient beauty! Each unit has a separate entrance, separate utilities & parking. Main house consists of 8 rooms, 2.5 baths, FP, 3 Mitsubishi min split AC units & a 3.5 car heated garage! Townhouse offers 2 bdrms, 1.5 ba, laundry & a FP. Studio boasts a cathedral ceiling, Mitsubishi mini split heat/ac system & a large bdrm. This is not your average 3 family, the possibilities are endless…Single family living with amazing income? Possible condo conversion? Extended-family/in-law compound? Nice back yard & abundant parking too! (8 spaces & 3.5 car heated garage) & an unfinished attic offering future expansion. Great location for commuting to Boston, only 7 miles away! Commuter rail, MBTA bus, shopping & restaurants at your doorstep!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $113
Year Built
- Built in 1846
Lot Details
- Landscaped Professionally
- Sprinkler System
Parking
- 3 Car Garage
Interior Spaces
- Decorative Lighting
- Basement
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Outdoor Features
- Deck
- Storage Shed
Schools
- Melrose High School
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2020
Closed on
Dec 16, 2020
Sold by
Martone Patrick J
Bought by
Zhu Yijie
Seller's Agent
Leeman & Gately
Compass
Buyer's Agent
Leeman & Gately
Compass
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,559
Avg. Annual Appreciation
3.65%
Original Mortgage
$920,000
Outstanding Balance
$829,128
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$524,222
Purchase Details
Closed on
Apr 30, 1987
Sold by
Greaves David L
Bought by
Martone Patrick J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhu Yijie | $1,150,000 | None Available | |
| Martone Patrick J | $344,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhu Yijie | $920,000 | |
| Previous Owner | Martone Patrick J | $500,000 | |
| Previous Owner | Martone Patrick J | $338,000 | |
| Previous Owner | Martone Patrick J | $200,000 | |
| Previous Owner | Martone Patrick J | $287,000 | |
| Previous Owner | Martone Patrick J | $94,321 | |
| Previous Owner | Martone Patrick J | $145,000 | |
| Previous Owner | Martone Patrick J | $100,000 | |
| Previous Owner | Martone Patrick J | $227,500 | |
| Previous Owner | Martone Patrick J | $32,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2021 01/21/21 | Sold | $1,150,000 | -11.5% | $263 / Sq Ft |
| 11/19/2020 11/19/20 | Pending | -- | -- | -- |
| 11/10/2020 11/10/20 | For Sale | $1,300,000 | -- | $297 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $113 | $1,144,300 | $467,000 | $677,300 |
| 2024 | $10,881 | $1,095,800 | $453,200 | $642,600 |
| 2023 | $10,771 | $1,033,700 | $412,000 | $621,700 |
| 2022 | $10,314 | $975,800 | $412,000 | $563,800 |
| 2021 | $9,666 | $882,700 | $384,600 | $498,100 |
| 2020 | $9,231 | $835,400 | $343,400 | $492,000 |
| 2019 | $8,579 | $793,600 | $317,300 | $476,300 |
| 2018 | $8,485 | $748,900 | $288,400 | $460,500 |
| 2017 | $8,193 | $694,300 | $274,700 | $419,600 |
| 2016 | $7,043 | $571,200 | $267,800 | $303,400 |
| 2015 | $6,934 | $535,000 | $233,500 | $301,500 |
| 2014 | $6,356 | $478,600 | $206,000 | $272,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72755340
APN: MELR-000012C-000000-000137
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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