Seller's Agent in 2019
David Hayes
Coldwell Banker Realty - Lexington
(617) 817-1189
88 Total Sales
40 Ferdinand St Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $524,000 - $859,000
1
Bed
1
Bath
550
Sq Ft
$1,133/Sq Ft
Est. Value
Highlights
- Deck
- Roosevelt Elementary School Rated A
- Wood Flooring
About This Home
As of November 2019Builders, contractors, flippers & end users take Notice of this Great Investment Opportunity. This charming 4 room, 1 bedroom, 1 bath Bungalow sits on almost .25 acres in the Highlands neighborhood of red hot Melrose. Though the home is small, the lot is HUGE! This freshly painted home features tree top views, gleaming hardwood floors throughout, updated boiler & hot water heater 2011, all new light fixtures, low maintenance siding, wall AC, washer/dryer, rear deck over looking large private yard, large one car GARAGE w/additional storage. There is gas in the home for cooking, heat & hot water. Window in the kitchen. Great Condo alternative! Steps to Melrose Highlands Commuter Rail. Why rent when you can own a single family home? Or rent it out while you research expansion possibilities and/or build an entire new home! Buyer & Buyer's agent to perform their own due diligence. Seller & Seller's agent make no Representation of what can be done with the land. Offers Due 10/15 at 1 PM
Last Agent to Sell the Property
Coldwell Banker Realty - Lexington Listed on: 10/03/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36
Year Built
- Built in 1951
Lot Details
- Year Round Access
- Property is zoned URA
Parking
- 1 Car Garage
Flooring
- Wood
- Vinyl
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Range
- Deck
Listing and Financial Details
- Assessor Parcel Number M:A13 P:0000093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2019
Closed on
Nov 13, 2019
Sold by
Yonder Hill Rt
Bought by
Knowles Evan
Seller's Agent
David Hayes
Coldwell Banker Realty - Lexington
Buyer's Agent
Domingo Medina
Coldwell Banker Realty - Lexington
List Price
$319,900
Sold Price
$350,000
Premium/Discount to List
$30,100
9.41%
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
$273,328
Avg. Annual Appreciation
6.99%
Original Mortgage
$315,000
Outstanding Balance
$279,577
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$239,268
Purchase Details
Closed on
Oct 11, 2018
Sold by
Apple Barn Rt
Bought by
Yonder Hill Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2010
Sold by
40 Ferdinand St T
Bought by
Calson Tr William E
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 |
|---|---|---|---|
| Knowles Evan | $350,000 | -- | |
| Yonder Hill Rt | $200,000 | -- | |
| Calson Tr William E | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knowles Evan | $315,000 | |
| Previous Owner | Yonder Hill Rt | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2019 11/21/19 | Sold | $350,000 | +9.4% | $636 / Sq Ft |
| 10/15/2019 10/15/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $319,900 | -- | $582 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $36 | $361,500 | $321,300 | $40,200 |
| 2024 | $3,388 | $341,200 | $301,900 | $39,300 |
| 2023 | $3,409 | $327,200 | $292,100 | $35,100 |
| 2022 | $3,459 | $327,200 | $292,100 | $35,100 |
| 2021 | $3,317 | $302,900 | $272,600 | $30,300 |
| 2020 | $3,024 | $273,700 | $243,400 | $30,300 |
| 2019 | $2,737 | $253,200 | $224,900 | $28,300 |
| 2018 | $2,624 | $231,600 | $204,500 | $27,100 |
| 2017 | $2,617 | $221,800 | $194,700 | $27,100 |
| 2016 | $2,535 | $205,600 | $189,900 | $15,700 |
| 2015 | $2,412 | $186,100 | $170,400 | $15,700 |
| 2014 | $2,212 | $166,600 | $150,900 | $15,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Hayes
-
Domingo Medina
Buyer's Agent in 2019
Domingo Medina
Coldwell Banker Realty - Lexington
(617) 610-0050
88 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72575106
APN: MELR-000013A-000000-000093
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.
Nearby Homes
- 34 Rockland St
- 109 Orris St
- 9 Rustic Rd
- 58 Spring St
- 569 Franklin St Unit 3
- 36 Stevens Rd
- 159 Franklin St Unit C2
- 54 Brunswick Park
- 260 Tremont St Unit 1
- 119 W Highland Ave Unit 1
- 17 Franklin St
- 6 Gavin Cir
- 16 Cricklewood Dr
- 3 Gladstone St
- 12 Cricklewood Dr
- 6 Lovis Ave
- 46 Youle St
- 50-52 Albion St
- 32 Dapper Darby Dr
- 318 W Emerson St
- 30 Ferdinand St
- 46 Ferdinand St
- 54 Ferdinand St
- 54 Ferdinand St Unit 1
- 54 Ferdinand St Unit 2
- 24 Ferdinand St
- 31 Ferdinand St
- 35 Ferdinand St
- 25 Ferdinand St
- 37 Ferdinand St
- 58 Ferdinand St
- 19 Ferdinand St
- 47 Ferdinand St
- 1105 Franklin St
- 53 Ferdinand St
- 16 Ferdinand St
- 15 Ferdinand St
- 64 Ferdinand St
- 59 Ferdinand St
- 16 Ferdinand St