NOT LISTED FOR SALE

386 Franklin St Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $932,000 - $1,106,000

4 Beds
2 Baths
2,677 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 386 Franklin St, Melrose, MA 02176 and is currently estimated at $1,033,556, approximately $386 per square foot. 386 Franklin St is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2004
Sold by
Desmarais Nicole H and Desmarais Scott P
Bought by
Nims Gary J
Current Estimated Value
$1,033,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Outstanding Balance
$171,549
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$862,007

Purchase Details

Closed on
Feb 1, 1999
Sold by
Fnma
Bought by
Desmarais Scott P and Desmarais Nicole H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,280
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Hirtle Frank W and Hirtle Diane M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 5, 1988
Sold by
Reil Ellen J
Bought by
Hirtle Frank W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
10.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nims Gary J $380,000 --
Desmarais Scott P $176,000 --
Federal National Mortgage Association $174,318 --
Hirtle Frank W $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nims Gary J $364,800
Previous Owner Hirtle Frank W $238,000
Previous Owner Hirtle Frank W $181,280
Previous Owner Hirtle Frank W $166,400
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 $86 $869,400 $381,500 $487,900
2024 $8,252 $831,000 $370,300 $460,700
2023 $8,193 $786,300 $336,700 $449,600
2022 $8,155 $771,500 $336,700 $434,800
2021 $7,777 $710,200 $314,200 $396,000
2020 $7,420 $671,500 $280,500 $391,000
2019 $6,892 $637,600 $259,200 $378,400
2018 $6,815 $601,500 $235,700 $365,800
2017 $6,577 $557,400 $224,400 $333,000
2016 $6,334 $513,700 $218,800 $294,900
2015 $6,270 $483,800 $190,800 $293,000
2014 $5,749 $432,900 $168,300 $264,600
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

386 Franklin St, Melrose, MA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.