NOT LISTED FOR SALE

388 Pleasant St Unit 390 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $1,049,000 - $1,268,597

7 Beds
4 Baths
3,835 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $790,000 $206 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,400/month

8 Days on Market

About This Home

As of June 2016

Desirable multi family in Melrose! Each unit offers HW floors, separate heat, electric. 5 off street parking spots! First floor unit offers 2BRs, second unit offers 4BRs and the lower level is a one bedroom. Excellent opportunity for investors or owner occupied with rental income! Close to downtown, T, major highways, restaurants and shopping! Don't wait!

Last Agent to Sell the Property

Julie Spadorcia

Century 21 North East Listed on: 04/14/2016

Century 21 North East

Last Buyer's Agent

Tyler Lecao

BA Property & Lifestyle Advisors

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$98

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Flooring: Wood
  • Basement: Partially Finished
  • Total Levels: 4

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • High School: Mhs

Lot Info

  • Zoning: Res

Multi Family

  • Sq Ft Incl Bsmt: Yes
  • Total Bedrooms: 7
  • Total Fireplaces: 1
  • Total Floors: 4
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 16
  • Total Rent_1: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 27, 2016
Sold by
Mccormack Elizabeth A
Bought by
Metcalf Joseph V and Buker-Hudson Julia
Seller's Agent
Julie Spadorcia
Century 21 North East
Buyer's Agent
Tyler Lecao
BA Property & Lifestyle Advisors
List Price
$750,000
Sold Price
$790,000
Premium/Discount to List
$40,000
5.33%
Current Estimated Value
$1,167,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,445
Avg. Annual Appreciation
3.80%
Original Mortgage
$609,600
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Clark Daniele C and Clark Michael A
Bought by
Mccormack Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Mckenna John F and Mckenna Noreen M
Bought by
Clark Daniele C and Clark Michael A

Purchase Details

Closed on
Dec 19, 1990
Sold by
Mortell Mary A
Bought by
Mckenna John F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Metcalf Joseph V $790,000 --
Mccormack Elizabeth A $375,000 --
Clark Daniele C $280,000 --
Mckenna John F $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metcalf Joseph $250,000
Open Metcalf Joseph $693,750
Closed Metcalf Joseph V $609,600
Closed Buker-Hudson Julia $76,123
Previous Owner Mccormack Elizabeth A $409,000
Previous Owner Mccormack Elizabeth $376,800
Previous Owner Mckenna John F $340,000
Previous Owner Mckenna John F $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $790,000 +5.3% $206 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $750,000 -- $196 / 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 $98 $986,100 $423,100 $563,000
2024 $9,209 $927,400 $395,800 $531,600
2023 $9,231 $885,900 $368,500 $517,400
2022 $9,039 $855,200 $354,900 $500,300
2021 $8,740 $798,200 $354,900 $443,300
2020 $8,448 $764,500 $327,600 $436,900
2019 $7,962 $736,500 $300,300 $436,200
2018 $7,607 $671,400 $249,100 $422,300
2017 $7,375 $625,000 $238,900 $386,100
2016 $6,770 $549,100 $204,700 $344,400
2015 $6,786 $523,600 $194,500 $329,100
2014 $6,327 $476,400 $177,400 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71988166

MLS Property Information Network (MLS PIN)

APN: MELR-000005B-000000-000097