NOT LISTED FOR SALE

340 Main St Unit 701 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $367,000 - $379,000

1 Bed
1 Bath
698 Sq Ft
1970 Built

Last Sold March 21, 2016

Last sale price $245,000 $351 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,265/month

7 Days on Market

About This Home

As of March 2016

Move to Melrose, the nation's #1 zip code! This updated, newly painted one bedroom condo is close to everything Melrose center has to offer including easy shopping, the YMCA, great dining, bus stop out front, Oak Grove T Station and the Wyoming commuter rail around the corner. The extra large windows in this corner, penthouse unit offer amazingly spectacular views of the city and beyond. The open kitchen, dining/living room floor plan makes a wonderful home for entertaining or enjoying your morning coffee. A deeded, heated garage space, common front and rear balcony areas and an updated common laundry facility with new washer/dryers complete this ideal Melrose home.

Last Agent to Sell the Property

Mary Tow

Commonwealth Properties Residential, LLC Listed on: 01/20/2016

Last Buyer's Agent

Mary Tow

Commonwealth Properties Residential, LLC Listed on: 01/20/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,400

Year Built

1970

Lot Details

0

Listing Details

  • Unit Level: 7
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Range - ENERGY STAR
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Flooring: Tile, Wood Laminate
  • Interior Amenities: Cable Available, Intercom
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor

Exterior Features

  • Roof: Tar & Gravel
  • Exterior Unit Features: City View(s)

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Electric Baseboard
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Pool: No
  • Association Security: Intercom
  • Management: Professional - Off Site
  • No Units: 68
  • Unit Building: 701

Schools

  • Elementary School: Lincoln
  • Middle School: Melrose Middle
  • High School: Melrose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Mensing George
Bought by
Kathryn Mensing Ret and Mensing
Current Estimated Value
$372,430

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 21, 2016
Sold by
Dominguez Roberto
Bought by
Mensing George
Seller's Agent
Mary Tow
Commonwealth Properties Residential, LLC
Buyer's Agent
Mary Tow
Commonwealth Properties Residential, LLC
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$145,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2007
Sold by
Pina Louis A and Lanzetta Keri
Bought by
Dominguez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,025
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2000
Sold by
Graham Catherine
Bought by
Pina Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1988
Sold by
Eringis Joseph E
Bought by
Graham Catherine

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
10.18%
Mortgage Type
Purchase Money Mortgage
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
Kathryn Mensing Ret -- None Available
Kathryn Mensing Ret -- None Available
Mensing George $245,000 --
Mensing George $245,000 --
Dominguez Roberto $189,500 --
Dominguez Roberto $189,500 --
Pina Louis A $105,000 --
Graham Catherine $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mensing George $145,000
Previous Owner Dominguez Roberto $180,025
Previous Owner Graham Catherine $94,500
Previous Owner Graham Catherine $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $245,000 +2.1% $351 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $240,000 -- $344 / 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 $3,400 $343,400 $0 $343,400
2024 $3,142 $316,400 $0 $316,400
2023 $3,209 $308,000 $0 $308,000
2022 $3,054 $288,900 $0 $288,900
2021 $3,011 $275,000 $0 $275,000
2020 $3,201 $289,700 $0 $289,700
2019 $2,948 $272,700 $0 $272,700
2018 $2,499 $220,600 $0 $220,600
2017 $2,516 $213,200 $0 $213,200
2016 $2,212 $179,400 $0 $179,400
2015 $2,024 $156,200 $0 $156,200
2014 $2,013 $151,600 $0 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71950744

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000063