340 Main St Unit 206 Melrose, MA 02176
Wyoming NeighborhoodEstimated payment $1,554/month
Highlights
- Golf Course Community
- 4-minute walk to Wyoming Hill
- Property is near public transit and schools
- Lincoln Elementary School Rated A-
- Medical Services
- Community Pool
About This Home
Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 block to Wyoming Hill Commuter Rail Purple Line. Just over 1 mile to Oak Grove T Station/Orange Line, and a bus stop at the front door! Lowest priced property for sale in Melrose & surrounding area. STOP PAYING RENT & COLLEGE ROOM & BOARD! Invest and build equity in one of the HOTTEST LOCATIONS NORTH OF BOSTON! Near great restaurants, eateries, amenities, shopping, YMCA and public transportation. This is a STUDIO, which is 1 room with combined living/sleeping/kitchenet area. Well maintained building with common laundry room and one assigned parking space. Convenient, desirable location in walking distance to everything! No car needed! Pets allowed w/consent by Trustees :)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,737
Year Built
- Built in 1970
HOA Fees
- $348 Monthly HOA Fees
Home Design
- Garden Home
- Entry on the 2nd floor
Interior Spaces
- 294 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Range
- Basement
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Utilities
- No Cooling
- Hot Water Heating System
Additional Features
- Balcony
- Two or More Common Walls
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 653916
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 71 Units
- Melrose Place Condominium Community
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
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 | $17 | $175,500 | $0 | $175,500 |
| 2024 | $1,606 | $161,700 | $0 | $161,700 |
| 2023 | $1,645 | $157,900 | $0 | $157,900 |
| 2022 | $1,496 | $141,500 | $0 | $141,500 |
| 2021 | $1,477 | $134,900 | $0 | $134,900 |
| 2020 | $1,571 | $142,200 | $0 | $142,200 |
| 2019 | $1,453 | $134,400 | $0 | $134,400 |
| 2018 | $1,235 | $109,000 | $0 | $109,000 |
| 2017 | $958 | $81,200 | $0 | $81,200 |
| 2016 | $933 | $75,700 | $0 | $75,700 |
| 2015 | $776 | $59,900 | $0 | $59,900 |
| 2014 | $777 | $58,500 | $0 | $58,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | For Sale | $199,900 | -- | $680 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,000 | Purchase Money Mortgage | |
| Previous Owner | $44,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73474632
APN: MELR-000006C-000000-000058-000009
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