F
Seller's Agent in 2022
Frank Mead
Brad Hutchinson Real Estate
(617) 759-5050
1 in this area
2 Total Sales
40 Fairmount St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $772,000 - $938,000
3
Beds
1.5
Baths
1,634
Sq Ft
$524/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit and schools
- Lincoln Elementary School Rated A-
- Colonial Architecture
- Wood Flooring
About This Home
As of December 2022This home is located in a great neighborhood. Near public transportation and the downtown area. Upon entering the home you are greeted by a large foyer. Go straight back to enter a spacious kitchen with a mudroom with access to the side of the home. Turn left and enter the dining room that features a walkout bay window that faces the south. Continue toward the front and enter the living room which then brings you back to the foyer. Go up the center staircase to 3 bedrooms. One features a walk in closet. The roomy main bathroom is located off the hallway. Upon returning to the first floor foyer you can follow the stairways down to the unfinished basement which has a walkout door to the rear of the home. Here you will find a newer heating system and hot water heater. The interior of this home has so many updates that will surprise you! Outside you will see driveway parking for five cars. The rear yard has been terraced to allow for a vegetable or flower cutting garden. See for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,216
Year Built
- Built in 1900 | Remodeled
Lot Details
- 4,034 Sq Ft Lot
- Garden
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,634 Sq Ft Home
- Bay Window
- Window Screens
- Mud Room
- Entrance Foyer
- Dining Area
Kitchen
- Range
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
- Laundry in Basement
Home Security
- Storm Windows
- Storm Doors
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Apply Elementary School
- Mmvms Middle School
- MHS High School
Utilities
- No Cooling
- Forced Air Heating System
- 1 Heating Zone
- Heating System Uses Natural Gas
- 220 Volts
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 655618
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2022
Closed on
Dec 9, 2022
Sold by
Dawson F Edward Est and Dawson
Bought by
Bates Michael A and Dios-Esponera Ana M
Seller's Agent
Frank Mead
Brad Hutchinson Real Estate
Buyer's Agent
Justin Blankenship
Fiv Realty Co
List Price
$679,000
Sold Price
$685,000
Premium/Discount to List
$6,000
0.88%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,692
Avg. Annual Appreciation
7.26%
Original Mortgage
$548,000
Outstanding Balance
$529,228
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,464
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bates Michael A | $685,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bates Michael A | $548,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $685,000 | +0.9% | $419 / Sq Ft |
| 11/01/2022 11/01/22 | Pending | -- | -- | -- |
| 10/28/2022 10/28/22 | For Sale | $679,000 | -- | $416 / 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 | $760,400 | $440,700 | $319,700 |
| 2024 | $7,212 | $726,300 | $414,000 | $312,300 |
| 2023 | $7,229 | $693,800 | $400,700 | $293,100 |
| 2022 | $7,216 | $682,700 | $400,700 | $282,000 |
| 2021 | $7,019 | $641,000 | $373,900 | $267,100 |
| 2020 | $6,641 | $601,000 | $333,900 | $267,100 |
| 2019 | $5,981 | $553,300 | $308,500 | $244,800 |
| 2018 | $5,952 | $525,300 | $280,500 | $244,800 |
| 2017 | $5,756 | $487,800 | $267,100 | $220,700 |
| 2016 | $5,566 | $451,400 | $260,400 | $191,000 |
| 2015 | $5,270 | $406,600 | $233,700 | $172,900 |
| 2014 | $5,045 | $379,900 | $207,000 | $172,900 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Mead
-
Justin Blankenship
Buyer's Agent in 2022
Justin Blankenship
Fiv Realty Co
(617) 918-7419
1 in this area
60 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73053019
APN: MELR-000006E-000000-000011
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.
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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