$740,000
SOLD NOV 22, 2019
5 Beds
2 Baths
2,295 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Winthrop Elementary School Rated A
  • Porch

About This Home

As of July 2022

Just Listed! Classic Two Family property located in the desirable East Side of Melrose. You'll love the location, as this property is within walking distance of Trendy Shops & Restaurants of Downtown Melrose, Bus stops, Commuter Rail, Parks, Schools and Hospital. This home features a traditional layout with 2 bedrooms on the first-floor unit and 3 bedrooms on the second. Each unit features an Open Concept Living Room/Dining Room. There is plenty of parking in the paved driveway with two-car garage! Now is the time to make this home your own and stake your claim in one of America's Hottest Zip Codes!

Last Agent to Sell the Property

Daniel Morris

Barnard Real Estate Advisors, LLC Listed on: 10/03/2019

Last Buyer's Agent

Joseph Rodriguez

Thumbprint Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $89

Year Built

  • Built in 1930

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • Wood Flooring
  • Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0D7 P:0000165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$89

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 315.90
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor, Unfinished Basement
  • Main Lo: AN2311
  • Main So: AN0500
  • Estimated Sq Ft: 2295.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 2
  • Hot Water: Oil, Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Winthrop
  • Middle School: Melrose
  • High School: Melrose

Lot Info

  • Assessments: 565000.00
  • Acre: 0.12
  • Lot Size: 5400.00
  • Page: 70
  • Parcel Number: M:0D7 P:0000165
  • Zoning: URA
  • Lot Description: Paved Drive, Shared Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6108.00
  • Assessor Parcel Number: 654888

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
$1,061,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,631
Avg. Annual Appreciation
5.75%
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
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 Type Sale Price Title Company
Not Resolvable $740,000 --
Land Court Massachusetts $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $592,000 New Conventional
Closed $74,000 Balloon
Previous Owner $352,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $385,000 No Value Available
Previous Owner $195,000 No Value Available
Previous Owner $152,000 Purchase Money Mortgage
Previous Owner $42,000 No Value Available
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72574591

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000165