NOT LISTED FOR SALE

Estimated Value: $621,000 - $870,376

0.2 Acre
$3,586,720 Price per Acre
8,821 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $600,000 $365 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,899/month

18 Days on Market

Highlights

  • Golf Course Community
  • 3-minute walk to Wyoming Hill
  • Property is near public transit
  • Lincoln Elementary School Rated A-
  • Medical Services
  • No HOA

About This Lot

As of April 2024

Discover your chance in Melrose! Attention, developers - seize the opportunity in this commuter's dream location, just 0.1 mile from the Wyoming Hill train station. This prime spot offers easy access to shopping, dining, excellent shops, and major commuter routes with a 97 'walk score'. The 8,821 sq. ft. fenced flat/level lot comes with city water/sewer, electric on-site, and gas as well as two curb cuts. See 11 Waverly Place as a comparable sale that sold for $650,000 in 2021. Although the existing house is uninhabitable, this property holds immense potential in one of Massachusetts' most sought-after cities. Act now, as this fantastic opportunity won't be available for long. Lot is URB zoned, check with city on development potential. *Please do not walk the property without the list agent.*

Last Agent to Sell the Property

Bill Butler

Leading Edge Real Estate Listed on: 02/29/2024

Leading Edge Real Estate

Last Buyer's Agent

Faina Snitkovsky

Core Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,256

Lot Details

  • 8,821 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Development of the land is complete
  • Property is zoned URB

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:0B5 P:0000145,652874

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$6,256

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2
  • Transaction Broker: 2
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN4643
  • MAIN SO: AN0388

Exterior Features

  • Fencing: Fenced/Enclosed
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer, On-Site
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public, On-Site

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0B5 P:0000145,652874
  • Zoning: URB
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Sidewalks
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8821
  • Lot Size Units: Acres
  • PAGE: 581
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6256
  • Tax Book Number: 15886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 1984
Bought by
Oconnor Joseph P and Oconnor Theresa M
Current Estimated Value
$711,421
Source: Public Records

Range of Values:

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Average Value
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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
Oconnor Joseph P $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Oconnor Joseph P $34,650
Closed Oconnor Joseph P $33,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $600,000 -7.7% $365 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $650,000 -- $395 / 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 $44 $447,500 $414,500 $33,000
2024 $6,256 $630,000 $387,700 $242,300
2023 $6,142 $589,400 $361,000 $228,400
2022 $5,605 $530,300 $311,000 $219,300
2021 $5,695 $520,100 $311,000 $209,100
2020 $5,483 $496,200 $287,100 $209,100
2019 $4,911 $454,300 $263,200 $191,100
2018 $4,467 $394,300 $218,300 $176,000
2017 $4,547 $385,300 $209,300 $176,000
2016 $4,171 $338,300 $179,400 $158,900
2015 $4,075 $314,400 $170,500 $143,900
2014 $3,976 $299,400 $155,500 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73207149

MLS Property Information Network (MLS PIN)

APN: MELR-000005B-000000-000145