NOT LISTED FOR SALE

340 Main St Unit 609 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $258,000 - $332,000

1 Bed
1 Bath
413 Sq Ft
1970 Built

Last Sold November 16, 2017

Last sale price $173,500 $420 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,495/month

Highlights

  • Cooling Available
  • 4-minute walk to Wyoming Hill
  • Heating Available
  • Lincoln Elementary School Rated A-
  • Laundry Facilities

About This Home

As of April 2023

Beautiful studio condo with SKYLINE VIEWS OF BOSTON! This lovely unit is located in downtown Melrose, literally steps to Award Winning Restaurants, shopping, 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. This unit is recently renovated with high end materials and appliances. There are many storage closets. One deeded parking spot is included. This unit won't last!

Last Agent to Rent the Property

Jessica (Lin) Wu

JW Real Estate Services, LLC Listed on: 02/06/2023

Last Renter's Agent

Doug Andrade

eXp Realty

eXp Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23

Year Built

  • 1970

Parking

  • 1 Car Parking Space

Home Design

  • 413 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 4/1/23
  • Rent includes water, sewer, trash collection, snow removal, parking
  • Assessor Parcel Number 653916

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$23

Year Built

1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-04-01
  • Lease Term: Lease Terms(Lease),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: No
  • SEC DEPOSIT: 1800

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 6
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Fireplace YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 413
  • MAIN LO: AN4158
  • LIST PRICE PER Sq Ft: 4.36
  • PRICE PER Sq Ft: 4.36
  • MAIN SO: AN1689

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Parking
  • UNIT BUILDING: 609

Lot Info

  • Parcel Number: 653916
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 16, 2017
Sold by
Scarpa John A
Bought by
Chen Jiaxian
Seller's Agent
Scott Jones
RE/MAX Platinum
Buyer's Agent
Shell Yu
JT Fleming & Company
List Price
$179,000
Sold Price
$173,500
Premium/Discount to List
-$5,500
-3.07%
Current Estimated Value
$280,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,690
Avg. Annual Appreciation
6.09%
Original Mortgage
$138,800
Outstanding Balance
$80,094
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$195,776

Purchase Details

Closed on
Apr 4, 2014
Sold by
Agarwal Ayush and Anand Kumud
Bought by
Scarpa John A

Purchase Details

Closed on
Jun 15, 2004
Sold by
Fowke Eric
Bought by
Agarwal Ayush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1996
Sold by
Rockower Land T and Rockower Bertram
Bought by
Fowke Eric
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Jiaxian $173,500 --
Scarpa John A $120,000 --
Agarwal Ayush $110,000 --
Fowke Eric $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jiaxian $138,800
Previous Owner Fowke Eric $57,193
Previous Owner Fowke Eric $61,000
Previous Owner Agarwal Ayush $88,000
Previous Owner Fowle Eric $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2023 04/01/23 Rented $1,800 0.0% --
02/20/2023 02/20/23 Under Contract -- -- --
02/06/2023 02/06/23 For Rent $1,800 0.0% --
03/21/2022 03/21/22 Rented $1,800 0.0% --
03/21/2022 03/21/22 Under Contract -- -- --
03/17/2022 03/17/22 For Rent $1,800 +20.0% --
08/15/2020 08/15/20 Rented $1,500 0.0% --
06/29/2020 06/29/20 Under Contract -- -- --
06/19/2020 06/19/20 Price Changed $1,500 -6.3% $4 / Sq Ft
06/13/2020 06/13/20 Price Changed $1,600 +6.7% $4 / Sq Ft
06/08/2020 06/08/20 For Rent $1,500 0.0% --
11/16/2017 11/16/17 Sold $173,500 -3.1% $420 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $179,000 -- $433 / 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 $23 $229,400 $0 $229,400
2024 $2,096 $211,100 $0 $211,100
2023 $2,139 $205,300 $0 $205,300
2022 $2,034 $192,400 $0 $192,400
2021 $2,004 $183,000 $0 $183,000
2020 $2,132 $192,900 $0 $192,900
2019 $1,960 $181,300 $0 $181,300
2018 $1,654 $146,000 $0 $146,000
2017 $1,664 $141,000 $0 $141,000
2016 $1,397 $113,300 $0 $113,300
2015 $958 $73,900 $0 $73,900
2014 $955 $71,900 $0 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Jessica (Lin) Wu

    Landlord's Agent in 2023

    Jessica (Lin) Wu

    JW Real Estate Services, LLC

    (508) 615-1207

    139 Total Sales

    Jessica (Lin) Wu
    Section Image
  • Doug Andrade

    Tenant's Agent in 2023

    Doug Andrade

    eXp Realty

    (561) 504-2047

    9 Total Sales

    Doug Andrade
    Section Image
  • Scott Jones

    Seller's Agent in 2017

    Scott Jones

    RE/MAX

    (781) 844-5070

    34 Total Sales

    Scott Jones
    Section Image
  • Shell Yu

    Buyer's Agent in 2017

    Shell Yu

    JT Fleming & Company

    (781) 526-2416

    62 Total Sales

    Shell Yu
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73076740

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000059

Massachusetts Middlesex County Melrose 02176 Wyoming

340 Main St Unit 609, Melrose, MA

This home is located at 340 Main St Unit 609, Melrose, MA 02176 since 06 February 2023 and is currently priced at $280,190. This property was built in 1970. 340 Main St Unit 609 is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Winthrop Elementary School, and Horace Mann Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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