Seller's Agent in 2020
chad Erenhouse
Classified Realty Group
(781) 944-1901
3 in this area
30 Total Sales
371 E Foster St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $1,021,000 - $1,169,000
4
Beds
3
Baths
2,118
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Garden
- Winthrop Elementary School Rated A
- Enclosed patio or porch
- 5-minute walk to Melrose Common
About This Home
As of December 2020Wonderful home, in the Melrose Common neighborhood. Needs a face lift but has great bones. Unique floor plan with open living and great potential for reconfiguration. SPACIOUS is the theme - inside and out. Over 2100 sq ft of living space (not including basement). HUGE LOT at .31 ACRES with over 100 ft of frontage. Enormous yard ready for transformation. Envision: level, green lawn, large swimming pool, paver-block patio, deck off the back, and space for whatever else you think of. See beyond the dated wallpaper. Build out your dream Kitchen. Create your master spa-bath. This rock solid house can go in so many directions. Large basement with tall ceilings, potting room, laundry room, full bath, and access to the attached garage. Newer replacement windows throughout. Newer GAS HEATING system. DEVELOPERS: property is zoned URA with lot dimensions to support a multifamily build-out for condo conversion. Private showings begin Friday. OH SAT/SUN at 11:00AM to 12:30PM. MLS#72728668.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $100
Year Built
- Built in 1930
Lot Details
- Year Round Access
- Fenced Yard
- Garden
- Property is zoned URA
Parking
- 1 Car Garage
Kitchen
- Range with Range Hood
- Freezer
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed patio or porch
- Storage Shed
- Rain Gutters
Schools
- MHS High School
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0F8 P:0000062
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2020
Closed on
Dec 7, 2020
Sold by
Webber Natalie L Est
Bought by
Lang Timothy M and Lang Anna V
Seller's Agent
chad Erenhouse
Classified Realty Group
Buyer's Agent
chad Erenhouse
Classified Realty Group
List Price
$690,000
Sold Price
$724,000
Premium/Discount to List
$34,000
4.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,536
Avg. Annual Appreciation
9.08%
Original Mortgage
$579,200
Outstanding Balance
$527,029
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$559,649
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lang Timothy M | $724,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lang Timothy M | $25,000 | |
| Open | Lang Timothy M | $579,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $724,000 | +4.9% | $342 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | For Sale | $690,000 | -- | $326 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $100 | $1,013,400 | $487,800 | $525,600 |
| 2024 | $9,671 | $973,900 | $458,200 | $515,700 |
| 2023 | $9,349 | $897,200 | $443,400 | $453,800 |
| 2022 | $6,903 | $653,100 | $443,400 | $209,700 |
| 2021 | $7,217 | $659,100 | $413,900 | $245,200 |
| 2020 | $6,794 | $614,800 | $369,500 | $245,300 |
| 2019 | $6,096 | $563,900 | $341,400 | $222,500 |
| 2018 | $6,038 | $532,900 | $310,400 | $222,500 |
| 2017 | $5,869 | $497,400 | $295,600 | $201,800 |
| 2016 | $5,724 | $464,200 | $288,200 | $176,000 |
| 2015 | $5,509 | $425,100 | $258,700 | $166,400 |
| 2014 | $5,252 | $395,500 | $229,100 | $166,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72728668
APN: MELR-000008F-000000-000062
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