340 Main St Unit 705 Melrose, MA 02176
Wyoming NeighborhoodEstimated payment $1,356/month
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
Welcome 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 653904
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
- 71 Units
- Mid-Rise Condominium
Amenities
- Laundry Facilities
- Elevator
- Community Storage Space
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,000 | Purchase Money Mortgage | |
| Closed | $198,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73457552
APN: MELR-000006C-000000-000058-000067
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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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