4 Summit Ave Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $1,235,000 - $1,475,000
5
Beds
4
Baths
2,485
Sq Ft
$527/Sq Ft
Est. Value
About This Home
This home is located at 4 Summit Ave, Melrose, MA 02176 and is currently estimated at $1,309,234, approximately $526 per square foot. 4 Summit Ave 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
Feb 27, 2002
Sold by
Stone Shirley A
Bought by
Barker James J and Barker Nancy A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$74,079
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,235,155
Purchase Details
Closed on
Dec 27, 2000
Sold by
Murphy William F and Murphy Donna O
Bought by
Stone Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barker James J | $525,000 | -- | |
| Stone Shirley A | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stone Shirley A | $180,000 | |
| Previous Owner | Stone Shirley A | $292,500 | |
| Previous Owner | Stone Shirley A | $135,000 |
Source: Public Records
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 | $106 | $1,067,200 | $455,700 | $611,500 |
| 2024 | $10,200 | $1,027,200 | $428,100 | $599,100 |
| 2023 | $10,122 | $971,400 | $414,200 | $557,200 |
| 2022 | $10,169 | $962,100 | $414,200 | $547,900 |
| 2021 | $9,747 | $890,100 | $386,600 | $503,500 |
| 2020 | $9,376 | $848,500 | $345,200 | $503,300 |
| 2019 | $8,464 | $783,000 | $319,000 | $464,000 |
| 2018 | $8,543 | $754,000 | $290,000 | $464,000 |
| 2017 | $8,226 | $697,100 | $276,200 | $420,900 |
| 2016 | $8,334 | $675,900 | $269,300 | $406,600 |
| 2015 | $7,698 | $594,000 | $241,600 | $352,400 |
| 2014 | $7,522 | $566,400 | $214,000 | $352,400 |
Source: Public Records
Map
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