Seller's Agent in 2025
Alex Walsh
Access
(781) 556-1703
2 in this area
510 Total Sales
340 Main St Unit 705 Melrose, MA 02176
Wyoming Neighborhood
--
Bed
1
Bath
302
Sq Ft
1970
Built
Highlights
- Elevator
- 4-minute walk to Wyoming Hill
- Forced Air Heating System
- Lincoln Elementary School Rated A-
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
About This Home
As of December 2025Welcome to Melrose! This penthouse-level studio offers the perfect blend of convenience, functionality, ideal for first-time buyers, downsizers, or investors looking to break into this highly sought-after market. Flooded with natural light, the unit features updated flooring, well-maintained appliances, ample kitchen cabinetry, and a spacious, well-designed bathroom. Residents of the 7th floor enjoy exclusive access to a common balcony with sweeping views, perfect for relaxing or entertaining.The building offers multiple washers and dryers, extra storage located in the building, and professional management in a pet-friendly community. Commuting is effortless with the Wyoming Hill Commuter Rail just around the corner, a bus stop to Oak Grove (Orange Line) right outside the building, and quick access to Route 93 only minutes away. Step outside and enjoy everything vibrant downtown Melrose has to offer,restaurants, cafés, gyms, boutiques, and Supermarket all within walking distance.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,766
Year Built
- Built in 1970
Parking
- 1 Car Parking Space
Home Design
- Entry on the 7th floor
Interior Spaces
- 1 Full Bathroom
- 302 Sq Ft Home
- 1-Story Property
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 653974
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
- 71 Units
- Mid-Rise Condominium
Amenities
- Laundry Facilities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2025
Closed on
Dec 16, 2025
Sold by
Tan Nirosha
Bought by
Mcdonough Stephen and Mcdonough Patricia
Seller's Agent
Alex Walsh
Access
Buyer's Agent
Kate Cote
Leading Edge Real Estate
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.66%
Purchase Details
Listed on
Mar 31, 2025
Closed on
May 22, 2025
Sold by
Lang Yu
Bought by
Perera Nirosha
Seller's Agent
Dionysios Kaskarelis
Barrett Sotheby's International Realty
Buyer's Agent
Yasira Fernandez
Access
List Price
$199,000
Sold Price
$220,000
Premium/Discount to List
$21,000
10.55%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$198,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 3, 2022
Closed on
Aug 29, 2022
Sold by
Melrose Condo No 705 Rt and Sullivan
Bought by
Lang Yu
Seller's Agent
Alex Walsh
Access
Buyer's Agent
Alex Walsh
Access
List Price
$189,999
Sold Price
$172,000
Premium/Discount to List
-$17,999
-9.47%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Purchase Details
Closed on
May 4, 2000
Sold by
Yurman Shane and Yurman Beth
Bought by
Melrose Condo 705 Rt and Sullivan James P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $235,000 | -- | |
| Quit Claim Deed | $220,000 | None Available | |
| Quit Claim Deed | $220,000 | None Available | |
| Quit Claim Deed | $172,000 | None Available | |
| Quit Claim Deed | $172,000 | None Available | |
| Deed | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $198,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/23/2025 12/23/25 | Sold | $235,000 | +2.6% | $778 / Sq Ft | |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- | |
| 11/24/2025 11/24/25 | For Sale | $229,000 | +4.1% | $758 / Sq Ft | |
| 05/22/2025 05/22/25 | Sold | $220,000 | +10.6% | $728 / Sq Ft | View Prior Sale |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- | |
| 03/31/2025 03/31/25 | For Sale | $199,000 | +15.7% | $659 / Sq Ft | |
| 08/29/2022 08/29/22 | Sold | $172,000 | -9.5% | $570 / Sq Ft | View Prior Sale |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- | |
| 08/03/2022 08/03/22 | For Sale | $189,999 | -- | $629 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $1,766 | $178,400 | $0 | $178,400 |
| 2024 | $1,631 | $164,300 | $0 | $164,300 |
| 2023 | $1,668 | $160,100 | $0 | $160,100 |
| 2022 | $1,589 | $150,300 | $0 | $150,300 |
| 2021 | $1,569 | $143,300 | $0 | $143,300 |
| 2020 | $1,669 | $151,000 | $0 | $151,000 |
| 2019 | $1,542 | $142,600 | $0 | $142,600 |
| 2018 | $1,309 | $115,500 | $0 | $115,500 |
| 2017 | $1,319 | $111,800 | $0 | $111,800 |
| 2016 | $1,118 | $90,700 | $0 | $90,700 |
| 2015 | $788 | $60,800 | $0 | $60,800 |
| 2014 | $789 | $59,400 | $0 | $59,400 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Walsh
-
Dionysios Kaskarelis
D
Seller's Agent in 2025
Dionysios Kaskarelis
Barrett Sotheby's International Realty
2 in this area
3 Total Sales
-
Yasira Fernandez
Seller Co-Listing Agent in 2025
Yasira Fernandez
Access
(617) 921-9374
2 in this area
40 Total Sales
-
Kate Cote
Buyer's Agent in 2025
Kate Cote
Leading Edge Real Estate
(781) 454-5588
3 in this area
41 Total Sales
-
Lawrence Tracy
Seller Co-Listing Agent in 2022
Lawrence Tracy
Access
(781) 472-9707
1 in this area
42 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73457552
APN: MELR-000006C-000000-000058-000067
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.
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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