$172,000
SOLD AUG 29, 2022

340 Main St Unit 705 Melrose, MA 02176

Wyoming Neighborhood
-- Bed
1 Bath
302 Sq Ft
1970 Built

Recently Sold

$570 Per Sq Ft

9% Below List Price

5 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Wyoming Hill
  • Window Unit Cooling System
  • Lincoln Elementary School Rated A-
  • Elevator
  • Park

About This Home

As of May 2025

Bright and sunny top-floor studio condo in desirable downtown Melrose!! Step outside your unit to a shared deck space with great views of Melrose. This condo has been kept in meticulous condition over the years and recently had new floors installed and ample cabinet space in the kitchen. This unit has a deeded off-street parking space, additional storage, and in-building laundry. You are minutes away from Turners Seafood, Mexico Linda, shops, parks, and all downtown Melrose offers. This unit is a commuter's dream as it is close to Wyoming Hill commuter rail station and the 137 Bus to Oak Grove.

Last Agent to Sell the Property

Alex Walsh

Access Listed on: 08/03/2022

Co-Listed By

Lawrence Tracy

Access

Last Buyer's Agent

Alex Walsh

Access Listed on: 08/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1970

Interior Spaces

  • 1 Full Bathroom
  • 302 Sq Ft Home
  • 1-Story Property
  • Range

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:0C6 P:005867,653910

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, security, ground maintenance, snow removal, trash
  • 71 Units
  • High-Rise Condominium

Amenities

  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,589

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1970
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 7
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Refrigerator, Utility Connections for Electric Range
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 302
  • Stories Total: 1
  • MAIN LO: AN4691
  • LIST PRICE PER Sq Ft: 629.14
  • PRICE PER Sq Ft: 569.54
  • MAIN SO: AN4691

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Storage
  • Association Fee: 254.59
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, T-Station
  • UNIT BUILDING: 705
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:0C6 P:005867,653910
  • Zoning: BA1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 312
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1589
  • Tax Book Number: 31375

Multi Family

  • Number Of Units Total: 71
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

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
1.88%
Original Mortgage
$198,000
Outstanding Balance
$197,825
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,913

Purchase Details

Closed on
May 4, 2000
Sold by
Yurman Shane and Yurman Beth
Bought by
Melrose Condo 705 Rt and Sullivan James P
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 Type Sale Price Title Company
Deed $220,000 None Available
Deed $220,000 None Available
Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 Purchase Money Mortgage
Closed $198,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $220,000 +10.6% $728 / Sq Ft
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
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 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 $18 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73020982

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000067