NOT LISTED FOR SALE

340 Main St Unit 704 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $332,000 - $442,000

2 Beds
1 Bath
653 Sq Ft
$551/mo HOA Fee

Last Sold January 20, 2021

Last sale price $319,000 $489 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,569/month

3 Days on Market

Highlights

  • Intercom
  • 4-minute walk to Wyoming Hill
  • High Speed Internet
  • Lincoln Elementary School Rated A-
  • Laundry Facilities

About This Home

As of January 2021

Now available: PENTHOUSE CORNER UNIT!! Avoid all inclement weather with your DEEDED indoor GARAGE PARKING. A choice unit - quiet and low maintenance. No neighbors above. Gorgeous, high efficiency, CUSTOM MAHOGANY windows throughout generate a uniquely spacious feel. This unit offers tremendous PANORAMIC VIEWS of surrounding downtown Melrose and Middlesex Fells Woods. Just beside this unit is the large, west facing, penthouse level balcony - a great common space option for expanded outdoor entertaining or relaxation. This unit has a cozy kitchen opening to the living room. The tidy configuration designed to maximize the unit’s living space. It's not flashy, but it has everything you need. Here is a great opportunity to add YOUR personal touch at a minimal cost. Upgrade the kitchen with quartz countertops. Swap in new appliances. Dress the window boxes with matching quartz sill. Unbeatable DOWNTOWN MELROSE location. Bus stop right out front. Close to the commuter rail and Orange Line T.

Last Agent to Sell the Property

chad Erenhouse

Classified Realty Group Listed on: 11/05/2020

Last Buyer's Agent

Julie D'Arcangelo

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30

Year Built

  • Built in 1970

HOA Fees

  • $551 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Schools

  • Melrose High School

Utilities

  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Laminate Flooring
  • Year Round Access

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number M:0C6 P:0058-66

Property Details

Home Type

Condominium

Est. Annual Taxes

$30

Year Built

Built in 1970

Lot Details

0

HOA Fees

$551 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 488.51
  • Comp Based On: Net Sale Price
  • Year Built: 1970
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 704
  • Unit Level: 7
  • Unit Placement: Top/Penthouse, Corner, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Flooring: Wood Laminate
  • Interior Amenities: Cable Available, Intercom, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 11X10, Flooring - Laminate, Window(s) - Bay/Bow/Box, Closet - Double
  • Bedroom 2: On Level: First Floor, Dimension: 12X11, Flooring - Laminate, Window(s) - Bay/Bow/Box, Slider, Closet - Double
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 6X5, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 10X8, Flooring - Laminate, Open Floor Plan
  • Laundry Features: Common, In Building
  • Living Room: On Level: First Floor, Dimension: 14X13, Flooring - Laminate, Window(s) - Bay/Bow/Box, Cable Hookup, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: B11101
  • Main So: AN6181
  • Estimated Sq Ft: 653.00

Exterior Features

  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Deeded
  • Garage Parking: Under, Garage Door Opener, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA
  • Heating: Electric
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • HOA Fees: 551.12
  • Association Fee Includes: Hot Water, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: Melrose Place Condominium

Schools

  • Elementary School: Apply
  • Middle School: Melrose Middle
  • High School: Melrose High

Lot Info

  • Assessments: 256200.00
  • Page: 508
  • Parcel Number: M:0C6 P:0058-66
  • Zoning: BA1

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Tax Info

  • Taxes: 2831.00
  • Assessor Parcel Number: 653926
  • Tax Year: 2020

Multi Family

  • No Units: 68
  • No Units Owner Occ: 41

MLS Schools

  • Grade School: Apply
  • High School: Melrose High
  • Middle School: Melrose Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Costello Cathy J
Bought by
340 Main Street Irt and Dambrosio
Total Days on Market
3
Current Estimated Value
$379,721

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 22, 2020
Sold by
Clegg James A
Bought by
Costello Cathy J
Seller's Agent
chad Erenhouse
Classified Realty Group
Buyer's Agent
Julie D'Arcangelo
Coldwell Banker Realty
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$159,500
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2000
Sold by
Berg Philip D Est and Keefe
Bought by
Clegg James A
Source: Public Records

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Range of Values:

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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
340 Main Street Irt -- None Available
340 Main Street Irt -- None Available
Costello Cathy J $317,000 None Available
Costello Cathy J $317,000 None Available
Clegg James A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costello Cathy J $159,500
Previous Owner Clegg James A $30,000
Previous Owner Clegg James A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $319,000 0.0% $489 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $319,000 0.0% $489 / Sq Ft
12/12/2011 12/12/11 Rented $1,000 0.0% --
12/12/2011 12/12/11 For Rent $1,000 -- --
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 $305,500 $0 $305,500
2024 $2,794 $281,400 $0 $281,400
2023 $2,850 $273,500 $0 $273,500
2022 $2,706 $256,000 $0 $256,000
2021 $2,665 $243,400 $0 $243,400
2020 $2,831 $256,200 $0 $256,200
2019 $2,919 $240,400 $0 $240,400
2018 $2,193 $193,600 $0 $193,600
2017 $2,203 $186,700 $0 $186,700
2016 $1,928 $156,400 $0 $156,400
2015 $1,765 $136,200 $0 $136,200
2014 $1,752 $131,900 $0 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72753466

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000066