J
Seller's Agent in 2022
Joseph Rodriguez
Thumbprint Realty, LLC
1 in this area
7 Total Sales
31 1st St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $1,001,000 - $1,147,945
5
Beds
2
Baths
2,295
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Wood Flooring
- Winthrop Elementary School Rated A
- Property is near public transit
- Jogging Path
About This Home
As of July 2022Welcome to 31 First St in Melrose! Situated in a perfect location, this TWO family home is less than half a mile from downtown Melrose (restaurants, coffee shops, shopping), approx. 1 mile from commuter rails Wyoming Hill and Melrose Highlands, two miles from Oak Grove T station and close to local bus stops. Make your way down the driveway and have the option to park in your 2 car garage or 4 off street parking spots. Ideal for an owner occupant, investor or even extended family, this home features similar layouts on both floors with separated utilities. Unit 1/ First Floor includes two bedrooms, one full bathroom, living room, dining room and eat-in kitchen. Unit 2/ Second Floor features three bedrooms, one full bathroom, living room, dining room and eat-in kitchen. Recent upgrades include refinished hardwood floors, kitchen cabinets & counters, and paint throughout. High ceiling height in the basement make it possible to finish for added space or keep as laundry and workshop area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,515
Year Built
- Built in 1930
Lot Details
- 5,401
Parking
- 2 Car Garage
- Shared Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,295 Sq Ft Home
- Property has 1 Level
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Location
- Property is near public transit
- Property is near schools
Schools
- Winthrop Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating Available
- 100 Amp Service
- Gas Water Heater
- Oil Water Heater
Additional Features
- Porch
- 5,401 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number M:0D7 P:0000165,654888
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2019
Closed on
Nov 22, 2019
Sold by
Barretto Julianne
Bought by
Varsell Eric and Bradrick Amy
Seller's Agent
Daniel Morris
Barnard Real Estate Advisors, LLC
Buyer's Agent
Joseph Rodriguez
Thumbprint Realty, LLC
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
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
$316,712
Avg. Annual Appreciation
5.89%
Original Mortgage
$592,000
Outstanding Balance
$523,171
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$502,255
Purchase Details
Closed on
Jun 1, 1998
Sold by
Petto Claire Est
Bought by
Barretto Julianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Varsell Eric | $740,000 | -- | |
| Barretto Julianne | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varsell Eric | $592,000 | |
| Closed | Varsell Eric | $74,000 | |
| Previous Owner | Barretto Julianne | $352,000 | |
| Previous Owner | Barretto Julianne | $385,000 | |
| Previous Owner | Barretto Julianne | $195,000 | |
| Previous Owner | Petto Claire J | $152,000 | |
| Previous Owner | Petto Claire J | $42,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $950,000 | +1.1% | $414 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $939,900 | +27.0% | $410 / Sq Ft |
| 11/22/2019 11/22/19 | Sold | $740,000 | +2.1% | $322 / Sq Ft |
| 10/10/2019 10/10/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $725,000 | -- | $316 / 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 | $89 | $897,900 | $313,200 | $584,700 |
| 2024 | $8,403 | $846,200 | $294,300 | $551,900 |
| 2023 | $7,558 | $725,300 | $284,800 | $440,500 |
| 2022 | $7,515 | $711,000 | $284,800 | $426,200 |
| 2021 | $7,030 | $642,000 | $265,800 | $376,200 |
| 2020 | $6,567 | $594,300 | $237,300 | $357,000 |
| 2019 | $6,108 | $565,000 | $219,300 | $345,700 |
| 2018 | $6,046 | $533,600 | $199,300 | $334,300 |
| 2017 | $5,836 | $494,600 | $189,800 | $304,800 |
| 2016 | $5,673 | $460,100 | $185,100 | $275,000 |
| 2015 | $5,299 | $408,900 | $166,100 | $242,800 |
| 2014 | $5,178 | $389,900 | $147,100 | $242,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Annemarie Torcivia
Trinity Real Estate
(781) 983-5266
1 in this area
27 Total Sales
-
Seller's Agent in 2019
Daniel Morris
Barnard Real Estate Advisors, LLC
(617) 870-6880
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72978613
APN: MELR-000007D-000000-000165
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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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