NOT LISTED FOR SALE

340 Main St Unit 505 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $330,000 - $359,000

1 Bed
1 Bath
611 Sq Ft
$571/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $290,000 $475 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,342/month

42 Days on Market

Highlights

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

About This Home

As of June 2023

Well maintained spacious unit waiting on a new owner who's looking to live in a top town for under 300k. Nice open space with a large bedroom. Great complex and located in downtown Melrose. Walk to some of the top restaurants in the area. Enjoy the cozy shops, parks, and much more. On the bus line, and just over a mile to The Oak Grove T, this is a commuter's dream location. Seller willing to buy down the mortgage rate on this home. PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME

Last Agent to Sell the Property

Tyler Scaglione

Cameron Real Estate Group Listed on: 03/30/2023

Cameron Real Estate Group

Last Buyer's Agent

Diane Reynolds

Century 21 North East

Century 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1970

Lot Details

  • Corner Lot
  • Property is zoned BA2

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 5th floor
  • Frame Construction

Interior Spaces

  • 611 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0C6 P:005843,653920

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • High-Rise Condominium
  • Melrose Place Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1970

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached, Garden, High-Rise
  • Year Built: 1970
  • Entry Level: 5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Upper,Back)
  • Fireplace YN: No
  • Appliances: Range,Microwave,Refrigerator, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Basement: N
  • Living Area: 611
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AC0756
  • MAIN SO: AN4339

Exterior Features

  • Common Walls: End Unit, Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: Yes
  • Carport Y N: No
  • Garage YN: Yes
  • Parking Features: Under, Storage, Off Street, Assigned, Deeded, Exclusive Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: No
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s)
  • Association Fee: 515.18
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0C6 P:005843,653920
  • Zoning: BA2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2757

Multi Family

  • Number Of Units Total: 68
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2008
Sold by
Hurley Scott M
Bought by
Gaudette Christopher and Gaudette Chrstopher
Current Estimated Value
$348,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Hurley Virginia E
Bought by
Hurley Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gaudette Christopher $153,000 --
Hurley Scott M $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Scott M $144,366
Closed Gaudette Christopher $143,000
Previous Owner Hurley Scott M $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Sold $290,000 0.0% $475 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $289,900 +48.7% $474 / Sq Ft
03/23/2016 03/23/16 Sold $195,000 -4.9% $319 / Sq Ft View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
02/23/2016 02/23/16 Price Changed $205,000 -4.7% $336 / Sq Ft
02/02/2016 02/02/16 For Sale $215,000 -- $352 / 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 $29 $296,100 $0 $296,100
2024 $2,705 $272,400 $0 $272,400
2023 $2,757 $264,600 $0 $264,600
2022 $2,615 $247,400 $0 $247,400
2021 $2,573 $235,000 $0 $235,000
2020 $2,737 $247,700 $0 $247,700
2019 $2,509 $232,100 $0 $232,100
2018 $2,107 $186,000 $0 $186,000
2017 $2,115 $179,200 $0 $179,200
2016 $1,840 $149,200 $0 $149,200
2015 $1,676 $129,300 $0 $129,300
2014 $1,661 $125,100 $0 $125,100
Source: Public Records

Agents Affiliated with this Home

  • Tyler Scaglione

    Seller's Agent in 2023

    Tyler Scaglione

    Cameron Real Estate Group

    (781) 412-1980

    2 in this area

    512 Total Sales

    Tyler Scaglione
    Section Image
  • Diane Reynolds

    Buyer's Agent in 2023

    Diane Reynolds

    Century 21 North East

    (978) 210-9697

    1 in this area

    12 Total Sales

    Diane Reynolds
    Section Image
  • Patricia LeBlanc

    Seller's Agent in 2016

    Patricia LeBlanc

    Century 21 North East

    (978) 766-6388

    40 Total Sales

    Patricia LeBlanc
    Section Image

  • B

    Buyer's Agent in 2016

    Brian Hrono

    Coldwell Banker Realty

    (617) 455-5536

    34 Total Sales

    Brian Hrono
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093519

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000043

Massachusetts Middlesex County Melrose 02176 Wyoming

340 Main St Unit 505, Melrose, MA

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