NOT LISTED FOR SALE

36-38 Melrose St Unit 38 Boston, MA 02116

Estimated Value: $2,731,729

2 Beds
2.5 Baths
1,552 Sq Ft
$1,760/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $1,695,000 $1,092 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $14,916/month

2 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Arlington Station
  • Wood Flooring
  • Deck
  • Property is near public transit
  • 1-minute walk to Bay Village Park

About This Home

As of August 2024

Single family living in the former Paramount News Building! Private entrance 2+ beds / 2.5 baths townhouse style condo with 16’ x 11’ deck & finished basement (great room); tucked away in one of Boston’s recently rediscovered 19th century historic neighborhoods near the Public Garden. Bay Village, despite its “downtown” location, has managed to keep its distinctive residential identity. Distinguishing features of this renovated condo are a sun-filled living/dining room with fireplace & 11' - 7" ceilings, “State-of-the-Art-Kitchen” with stainless appliances and granite counters, hardwood floors, central a/c, washer/dryer and sun-filled primary bedroom. Currently garage parking at the Revere Hotel is available for $285 per month which is a special rate for Bay Village residents.

Last Agent to Sell the Property

Sprogis Neale Doherty Team

Sprogis & Neale Real Estate Listed on: 07/16/2024

Last Buyer's Agent

Vineburgh DiMella Team

Charlesgate Realty Group, llc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,819

Year Built

  • Built in 1927

Lot Details

  • 1,130

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,552 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Living Room with Fireplace
  • Basement
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking
  • Rented or Permit Required

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 1,130 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number W:05 P:00759 S:004,3358075

Community Details

Overview

  • Association fees include water, sewer, insurance, snow removal
  • 2 Units
  • 36 38 Melrose Street Condo Trust Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,819

Year Built

Built in 1927

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1927
  • Buyer Agency: 2.50
  • Dual Variable: Yes
  • Entry Level: 1
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Bathroom - Full, Closet, Recessed Lighting
  • Entry Location: Unit Placement(Street,Upper,Partially Below Grade)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting
  • Room Bedroom2 Area: 99
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bathrooms: 1
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 165
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half, Flooring - Hardwood, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Overhead
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Recessed Lighting, Lighting - Pendant
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Lighting - Pendant
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Bathroom - Half, Flooring - Hardwood, Exterior Access, Recessed Lighting
  • Room Dining Room Level: First
  • Room Dining Room Area: 156
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
  • Room Kitchen Area: 100
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Area: 182
  • Room Living Room Features: Bathroom - Half, Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
  • Basement: Y
  • Living Area: 1552
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB1524
  • LIST PRICE PER Sq Ft: 1092.14
  • PRICE PER Sq Ft: 1092.14
  • MAIN SO: NB1520

Exterior Features

  • Exterior Features: Deck
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Rented, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 147.2
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Highway Access, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 38
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Snow Removal

Lot Info

  • Parcel Number: W:05 P:00759 S:004,3358075
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1130
  • Lot Size Units: Acres
  • PAGE: 154
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13819.26
  • Tax Book Number: 63459

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2017
Sold by
Pellegrino Francine P
Bought by
Liu Shaojie and Cole Matthew J
Current Estimated Value
$2,731,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$949,462
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,782,267

Purchase Details

Closed on
Sep 30, 2004
Sold by
Executive Suites Lp
Bought by
Pellegrino Francine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2002
Sold by
Iandolfi Richard L and Gilmore Ann M
Bought by
Executive Suites Lp

Purchase Details

Closed on
Apr 21, 1987
Sold by
J H R Realty Tr
Bought by
Iandoli Richard L
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Liu Shaojie $1,528,000 --
Pellegrino Francine P $1,125,000 --
Pellegrino Francine P $1,125,000 --
Executive Suites Lp $800,000 --
Executive Suites Lp $800,000 --
Iandoli Richard L $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Shaojie $1,170,000
Closed Iandoli Richard L $1,170,000
Previous Owner Pellegrino Francine $929,000
Previous Owner Iandoli Richard L $787,500
Previous Owner Iandoli Richard L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,695,000 0.0% $1,092 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $1,695,000 -- $1,092 / 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 $0 $0 $0 $0
2024 $0 $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $20,041 $1,912,300 $582,600 $1,329,700
2017 $18,755 $1,771,000 $582,600 $1,188,400
2016 $17,875 $1,625,000 $582,600 $1,042,400
2015 $16,457 $1,359,000 $530,900 $828,100
2014 $14,861 $1,181,300 $530,900 $650,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73265122

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-000759