NOT LISTED FOR SALE

Estimated Value: $465,000 - $544,000

1 Bed
1 Bath
805 Sq Ft
$200/mo HOA Fee

Last Sold July 20, 2018

Last sale price $362,000 $450 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,907/month

7 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Melrose/Cedar Park
  • 5-minute walk to Bowden Park
  • Lincoln Elementary School Rated A-
  • Intercom

About This Home

As of July 2018

Thoughtfully designed 1+ bedroom with two levels and two parking spaces in the heart of charming Melrose. This condo features gleaming hardwood floors, an upgraded kitchen with granite peninsula, and lower level with private entry-which the association recognizes as a second bedroom. With a Walk Score of 89, this unit is just a two-minute walk to the commuter rail into Boston, with easy access to Middlesex Fells Reservation, downtown shops, restaurants, farmers markets and more!

Last Agent to Sell the Property

Shane Small

Compass Listed on: 06/07/2018

Compass

Last Buyer's Agent

Luke Welling

Redfin Corp. License #449592150

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42

Year Built

  • Built in 1947

HOA Fees

  • $200 per month

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:0C8 P:000039B

Property Details

Home Type

Condominium

Est. Annual Taxes

$42

Year Built

Built in 1947

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Actual
  • List Price Per Sq Ft: 421.12
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1947
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1947

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Concrete, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: Flooring - Hardwood
  • Full Bathrooms: 1
  • No Rooms: 4
  • Family Room: Flooring - Hardwood
  • Kitchen: Flooring - Hardwood
  • Living Room: Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: NB3534
  • Main So: NB3534
  • Estimated Sq Ft: 805.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Exterior Unit Features: Sprinkler System

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Cooling Zones: 2
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Snow Removal
  • Condo Association: Yes

Schools

  • Elementary School: Lincoln
  • Middle School: Melrose
  • High School: Melrose

Lot Info

  • Assessments: 290300.00
  • Page: 421
  • Parcel Number: M:0C8 P:000039B
  • Zoning: URD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2676.00
  • Assessor Parcel Number: 3929903

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 20, 2018
Sold by
Maria-Sebastian Madhan K and Purvathi-Kumar Anu
Bought by
Odonohoe Shane T
Seller's Agent
Shane Small
Compass
Buyer's Agent
Luke Welling
Redfin Corp.
List Price
$339,000
Sold Price
$362,000
Premium/Discount to List
$23,000
6.78%
Current Estimated Value
$489,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,558
Avg. Annual Appreciation
4.53%
Original Mortgage
$289,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2017
Closed on
Mar 23, 2017
Sold by
Saccone Carl H
Bought by
Maria Madhan K and Kumar Anu P
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Eamon Kearney
Redfin Corp.
List Price
$289,000
Sold Price
$320,000
Premium/Discount to List
$31,000
10.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$256,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2013
Closed on
Dec 13, 2013
Sold by
Fox Jason V and Fox Judith E
Bought by
Saccone Carl H
Seller's Agent
Jason Fox
Jason V. Fox
Buyer's Agent
Michael Pierce
Mystic Properties Real Estate
List Price
$219,900
Sold Price
$213,500
Premium/Discount to List
-$6,400
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
Original Mortgage
$160,125
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Brown Gregory K
Bought by
Fox Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,700
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2000
Sold by
Donohue William P and Sexton Mary M
Bought by
Brown Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
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
Odonohoe Shane T $362,000 --
Maria Madhan K $320,000 --
Saccone Carl H $213,500 --
Saccone Carl H $213,500 --
Fox Jason $193,000 --
Brown Gregory K $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonohoe Shane T $280,000
Closed Odonohoe Shane T $289,600
Previous Owner Maria Madhan K $256,000
Previous Owner Saccone Carl H $160,125
Previous Owner Fox Jason $13,000
Previous Owner Fox Jason $173,700
Previous Owner Brown Gregory K $146,000
Previous Owner Brown Gregory K $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $362,000 +6.8% $450 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $339,000 +5.9% $421 / Sq Ft
03/23/2017 03/23/17 Sold $320,000 +10.7% $398 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $289,000 +35.4% $359 / Sq Ft
12/13/2013 12/13/13 Sold $213,500 0.0% $265 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/11/2013 10/11/13 Off Market $213,500 -- --
10/01/2013 10/01/13 For Sale $219,900 +3.0% $273 / Sq Ft
09/30/2013 09/30/13 Off Market $213,500 -- --
09/09/2013 09/09/13 Price Changed $219,900 0.0% $273 / Sq Ft
09/09/2013 09/09/13 For Sale $219,900 +3.0% $273 / Sq Ft
08/23/2013 08/23/13 Off Market $213,500 -- --
08/16/2013 08/16/13 For Sale $222,500 -- $276 / 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 $42 $425,000 $0 $425,000
2024 $4,176 $420,500 $0 $420,500
2023 $4,174 $400,600 $0 $400,600
2022 $4,072 $385,200 $0 $385,200
2021 $4,097 $374,200 $0 $374,200
2020 $3,864 $349,700 $0 $349,700
2019 $3,392 $313,800 $0 $313,800
2018 $3,289 $290,300 $0 $290,300
2017 $2,773 $235,000 $0 $235,000
2016 $2,952 $239,400 $0 $239,400
2015 $2,758 $212,800 $0 $212,800
2014 $2,765 $208,200 $0 $208,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72341873

MLS Property Information Network (MLS PIN)

APN: MELR-000008C-000000-000039B