NOT LISTED FOR SALE

340 Main St Unit 412 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $328,000 - $352,000

1 Bed
1 Bath
586 Sq Ft
$451/mo HOA Fee

Last Sold May 17, 2024

Last sale price $330,000 $563 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,216/month

5 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Wyoming Hill
  • Corner Lot
  • Lincoln Elementary School Rated A-
  • Property is near public transit
  • Elevator

About This Home

As of May 2024

This sunny corner one-bedroom condo boasts a fantastic location close to public transportation and vibrant downtown Melrose. This condo offers the perfect blend of comfort and convenience. Prime location for easy access to everything you need. Bright and cheerful thanks to the southeast exposure. Great potential as a cozy home or income property. Eat-in kitchen with a charming window seat - perfect for morning coffee. Cable TV hookups already in place in the living room and bedroom. Shared balcony just outside your door - perfect for relaxing outdoors. Highly desirable deeded garage parking space! Affordable condo fees with a financially healthy association!

Last Agent to Sell the Property

Aditi Jain

Redfin Corp. Listed on: 03/26/2024

Redfin Corp.

Last Buyer's Agent

Keith Manning

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1970

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Deeded Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 586 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry on upper level

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on fourth floor
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Electric Baseboard Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:0C6 P:005838,653932

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 71 Units
  • Mid-Rise Condominium
  • Melrose Place Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,518

Year Built

Built in 1970

Lot Details

0

HOA Fees

$451 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1970
  • Dual Variable: Yes
  • Entry Level: 4
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Fourth Floor
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Flooring - Vinyl, Dining Area
  • Laundry Features: Fourth Floor, In Building
  • Room Living Room Level: Fourth Floor
  • Room Living Room Features: Flooring - Wall to Wall Carpet
  • Basement: N
  • Living Area: 586
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: NB3534
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: Corner
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Deeded

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: mwra

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 451.02
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Medical Facility
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:0C6 P:005838,653932
  • Zoning: BA1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2518

Multi Family

  • Number Of Units Total: 71
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2011
Sold by
Prentice Robin
Bought by
Zhang Lei
Current Estimated Value
$340,550

Purchase Details

Closed on
Apr 2, 1997
Sold by
Prentice Robin
Bought by
Moussa Mohamed S and Khodeir Maha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Zhang Lei $142,000 --
Zhang Lei $142,000 --
Moussa Mohamed S $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $330,000 +6.5% $563 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $310,000 0.0% $529 / Sq Ft
09/01/2017 09/01/17 Rented $1,375 0.0% --
08/28/2017 08/28/17 Under Contract -- -- --
08/16/2017 08/16/17 For Rent $1,375 +3.8% --
02/01/2016 02/01/16 Rented $1,325 0.0% --
01/23/2016 01/23/16 Under Contract -- -- --
12/28/2015 12/28/15 For Rent $1,325 -- --
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 $27 $275,300 $0 $275,300
2024 $2,518 $253,600 $0 $253,600
2023 $2,571 $246,700 $0 $246,700
2022 $2,443 $231,100 $0 $231,100
2021 $2,407 $219,800 $0 $219,800
2020 $2,558 $231,500 $0 $231,500
2019 $2,350 $217,400 $0 $217,400
2018 $1,988 $175,500 $0 $175,500
2017 $1,999 $169,400 $0 $169,400
2016 $1,888 $153,100 $0 $153,100
2015 $1,728 $133,300 $0 $133,300
2014 $1,714 $129,100 $0 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216359

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000038