$314,000 - $494,639
RENTED APR 4, 2025

340 Main St Unit 703 Melrose, MA 02176

Wyoming Neighborhood
2 Beds
1 Bath
738 Sq Ft
1970 Built

Last Sold December 30, 2024

Last sale price $305,000 $413 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,016/month

Highlights

  • No Units Above
  • 4-minute walk to Wyoming Hill
  • No HOA
  • Lincoln Elementary School Rated A-
  • Property is near public transit
  • Balcony

About This Home

As of April 2025

Penthouse Condo in the Heart of Melrose Square (downtown).This bright and airy penthouse-level 2-bedroom condo offers stunning skyline and city views from panoramic windows in both the living area and bedrooms. Commuting is effortless with the commuter rail (Purple Line) just two blocks away, the Orange Line bus at your doorstep, and Route 93 nearby for easy access to Boston and beyond. The unit has been entirely renovated including new kitchen, new floor, freshly painted, and much more. Each floor includes a common balcony, perfect for morning coffee or unwinding after a long day. Enjoy the vibrant Melrose lifestyle, with restaurants, cafés, boutiques, gyms, a brewery, and Shaw's supermarket all within close proximity. Outdoor enthusiasts will love the proximity to Fells Reservation, Pine Banks Park, hiking trails, and a nearby dog park. With unbeatable convenience, modern comforts, and a prime location, this condo is the perfect place to live!

Last Agent to Rent the Property

Jason Choi

Barrett Sotheby's International Realty Listed on: 03/05/2025

Barrett Sotheby's International Realty

Last Renter's Agent

Non Member

Non Member Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30

Year Built

  • Built in 1970

Parking

  • 1 Car Parking Space

Home Design

  • 738 Sq Ft Home

Kitchen

  • Oven
  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lincoln Elem. Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • No Units Above

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes heat, hot water, water, sewer, snow removal, gardener, extra storage, laundry facilities, parking, security
  • 12 Month Lease Term
  • Assessor Parcel Number M:0C6 P:005865,653908

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$30

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1970
  • Entry Level: 7
  • Year Built Details: Approximate
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator
  • Fireplace YN: No
  • Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range Hood, Range, Rangetop - ENERGY STAR, Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: Yes
  • Laundry Features: In Building
  • Above Grade Finished Sq Ft: 738
  • Living Area: 738
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AN0538
  • LIST PRICE PER Sq Ft: 3.39
  • PRICE PER Sq Ft: 3.39
  • MAIN SO: H11111

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Public School, T-Station, Other
  • Rent Includes: Heat, Hot Water, Water, Sewer, Snow Removal, Gardener, Extra Storage, Laundry Facilities, Parking, Security
  • Senior Community YN: No
  • UNIT BUILDING: 703

Lot Info

  • Parcel Number: M:0C6 P:005865,653908
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 738
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 0

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Melrose High
  • Elementary School: Lincoln Elem.
  • Middle Or Junior School: Melrose Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 30, 2024
Sold by
Oneill Daniel A
Bought by
Access Properties Llc
Seller's Agent
Leeman & Gately
Compass
Buyer's Agent
Dionysios Kaskarelis
Barrett Sotheby's International Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
71
Current Estimated Value
$372,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,354
Avg. Annual Appreciation
33.68%
Original Mortgage
$200,000
Outstanding Balance
$198,805
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,605

Purchase Details

Closed on
Sep 11, 1991
Sold by
First Eastern Mtg
Bought by
Oneill Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
9.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1991
Sold by
Mcwhorter Alexandra
Bought by
First Estn Mtg Corp
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
Access Properties Llc $305,000 None Available
Access Properties Llc $305,000 None Available
Access Properties Llc $305,000 None Available
Oneill Daniel A $58,000 --
First Estn Mtg Corp $56,600 --
First Estn Mtg Corp $56,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Access Properties Llc $200,000
Closed Access Properties Llc $200,000
Previous Owner Oneill Daniel A $100,000
Previous Owner First Estn Mtg Corp $50,000
Previous Owner Oneill Daniel A $39,000
Previous Owner First Estn Mtg Corp $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Under Contract -- -- --
04/01/2025 04/01/25 Rented $2,500 0.0% --
03/24/2025 03/24/25 Price Changed $2,500 -3.8% $3 / Sq Ft
03/05/2025 03/05/25 For Rent $2,600 0.0% --
12/30/2024 12/30/24 Sold $305,000 +1.7% $413 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $299,900 -- $406 / 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 $30 $303,500 $0 $303,500
2024 $2,771 $279,100 $0 $279,100
2023 $2,825 $271,100 $0 $271,100
2022 $2,679 $253,500 $0 $253,500
2021 $2,636 $240,700 $0 $240,700
2020 $2,803 $253,700 $0 $253,700
2019 $2,570 $237,700 $0 $237,700
2018 $2,157 $190,400 $0 $190,400
2017 $2,164 $183,400 $0 $183,400
2016 $1,882 $152,600 $0 $152,600
2015 $1,715 $132,300 $0 $132,300
2014 $1,699 $127,900 $0 $127,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73341242

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000065