M
Seller's Agent in 2024
Maryanne Randall
Barrett Sotheby's International Realty
1 in this area
45 Total Sales
40 Cutter St Melrose, MA 02176
Wyoming NeighborhoodEstimated Value: $829,000 - $943,000
5
Beds
2
Baths
2,031
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit and schools
- Corner Lot
- Lincoln Elementary School Rated A-
- Wood Flooring
- Jogging Path
About This Home
As of February 2024LOCATION, LOCATION, LOCATION - Well cared for turn-key 2-family, low maintenance and each unit is certified de-leaded. Ideal for owner occupied or investment. Top floor unit has 3 bedrooms, living, dining room and kitchen and large deck. The lower unit has 2 bedrooms, livingroom and kitchen. In the lower level there is storage/utility room and laundry for both units. Manageable yard with storage shed. Both tenants would like to stay if possible. All this in wonderful Melrose with good shopping and restaurants, close to Boston and highway.
Last Agent to Sell the Property
Barrett Sotheby's International Realty Listed on: 10/26/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,050
Year Built
- Built in 1970
Lot Details
- 4,700 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,031 Sq Ft Home
- Property has 1 Level
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 1 Heating Zone
- Heating Available
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $4,275
- Rent includes unit 1(heat water), unit 2(heat electric hot water)
- Legal Lot and Block 000051 / 0A7
- Assessor Parcel Number 652161
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $29,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 14, 1999
Sold by
Paquette Dara
Bought by
Callahan Colleen C and Cummings Brian T
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
$223,200
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 27, 1987
Sold by
Lilly Everett A
Bought by
Bartlett Walter E
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
Interest Rate
10.67%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Callahan Colleen C | $248,000 | -- | |
| Bartlett Walter E | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bartlett Walter E | $401,149 | |
| Closed | Bartlett Walter E | $223,200 | |
| Previous Owner | Bartlett Walter E | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2024 02/07/24 | Sold | $785,000 | +4.7% | $387 / Sq Ft | |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- | |
| 10/26/2023 10/26/23 | For Sale | $749,900 | +80.7% | $369 / Sq Ft | |
| 09/12/2012 09/12/12 | Sold | $415,000 | -2.4% | $191 / Sq Ft | View Prior Sale |
| 08/13/2012 08/13/12 | Pending | -- | -- | -- | |
| 07/11/2012 07/11/12 | For Sale | $425,000 | -- | $196 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $75 | $754,400 | $457,500 | $296,900 |
| 2024 | $7,186 | $723,700 | $444,000 | $279,700 |
| 2023 | $7,050 | $676,600 | $403,700 | $272,900 |
| 2022 | $7,053 | $667,300 | $403,700 | $263,600 |
| 2021 | $6,799 | $620,900 | $376,700 | $244,200 |
| 2020 | $6,380 | $577,400 | $336,400 | $241,000 |
| 2019 | $5,877 | $543,700 | $310,800 | $232,900 |
| 2018 | $5,748 | $507,300 | $282,600 | $224,700 |
| 2017 | $5,636 | $477,600 | $269,100 | $208,500 |
| 2016 | $5,566 | $451,400 | $262,400 | $189,000 |
| 2015 | $5,197 | $401,000 | $228,700 | $172,300 |
| 2014 | $4,968 | $374,100 | $201,800 | $172,300 |
Source: Public Records
Agents Affiliated with this Home
-
Maryanne Randall
-
Lisa May
Buyer's Agent in 2024
Lisa May
Gibson Sothebys International Realty
(617) 429-3188
1 in this area
124 Total Sales
-
Richard Hornblower
Seller's Agent in 2012
Richard Hornblower
Coldwell Banker Realty - Boston
(617) 694-0091
81 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73174438
APN: MELR-000007A-000000-000051
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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