NOT LISTED FOR SALE

340 Main St Unit 706 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $328,108 - $389,000

1 Bed
1 Bath
584 Sq Ft
1970 Built

Last Sold June 28, 2017

Last sale price $234,900 $402 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,843/month

5 Days on Market

About This Home

As of June 2017

Completely renovated Penthouse condo, in one of Melrose's finest locations! Walk to Melrose Downtown to enjoy local shops and restaurants! Commuter rail 2 minutes walk, Bus stop right in-front of the building so you can wait in the temperature controlled cozy building. Multiple shared balconies, as well as on-site laundry. Close to everything!

Last Agent to Sell the Property

Lisa Berry

Simply Sell Realty Listed on: 05/04/2017

Last Buyer's Agent

Dez Decarlo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 28, 2017
Sold by
Agarwal Archit and Aegawal Faith A
Bought by
Kwok King Y
Seller's Agent
Lisa Berry
Simply Sell Realty
Buyer's Agent
Dez Decarlo
List Price
$229,900
Sold Price
$234,900
Premium/Discount to List
$5,000
2.17%
Total Days on Market
5
Current Estimated Value
$347,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,127
Avg. Annual Appreciation
4.46%
Original Mortgage
$233,155
Outstanding Balance
$196,701
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$135,439

Purchase Details

Closed on
May 13, 2011
Sold by
Rood Roberta C and Macrae Rood L
Bought by
Agarwal Archit and Agarwal Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Cordova Jason M
Bought by
Rood Macrae and Rood Roberta C

Purchase Details

Closed on
Apr 17, 2001
Sold by
Houlihan Austin
Bought by
Cordova Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Quinn Alan J
Bought by
Houlihan Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1995
Sold by
Homeowners Sb
Bought by
Quinn Alan J

Purchase Details

Closed on
Mar 9, 1994
Sold by
Mclaughlin Joseph E and Resolution Tr Corp
Bought by
Rtc
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
Kwok King Y $234,900 --
Agarwal Archit $105,000 --
Rood Macrae $170,000 --
Cordova Jason M $90,000 --
Houlihan Austin $53,000 --
Quinn Alan J $32,000 --
Rtc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwok King Y $233,155
Previous Owner Agarwal Archit $70,000
Previous Owner Mclaughlin Joseph E $81,000
Previous Owner Mclaughlin Joseph E $47,700
Previous Owner Mclaughlin Joseph E $39,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $234,900 +2.2% $402 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $229,900 -- $394 / 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 $28 $281,700 $0 $281,700
2024 $2,573 $259,100 $0 $259,100
2023 $2,624 $251,800 $0 $251,800
2022 $2,490 $235,600 $0 $235,600
2021 $2,451 $223,800 $0 $223,800
2020 $2,607 $235,900 $0 $235,900
2019 $2,390 $221,100 $0 $221,100
2018 $2,010 $177,400 $0 $177,400
2017 $1,880 $159,300 $0 $159,300
2016 $1,777 $144,100 $0 $144,100
2015 $1,619 $124,900 $0 $124,900
2014 $1,604 $120,800 $0 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72158898

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000068