NOT LISTED FOR SALE

40 Melrose St Unit 40A Boston, MA 02116

Estimated Value: $2,294,906 - $2,542,000

2 Beds
3 Baths
1,675 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $1,650,000 $985 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $14,744/month

153 Days on Market

About This Home

As of April 2016

This New Construction single family was designed to offer a hybrid of modern and classic charm with 2+ beds/2.5 baths & 3 outdoor spaces (patio, deck off the master & roof deck); tucked away in one of Boston's recently rediscovered 19th century historic neighborhoods near the Public Garden. Bay Village, despite its “downtown” location, has managed to keep its distinctive residential identity. Gated vestibule enters into the living room with focal floor to ceiling window, fireplace and powder room. The fully equipped “state-of-the-art-kitchen” & designated dining area is on the garden level which overlooks the patio. The top floor offers 2 beds, a beautiful black/white tiled bath and a sun-lit staircase to a roof deck. Distinguishing features of this home include walnut stained hardwood floors, designer baths, custom iron railings, crown moldings, architecturally designed lighting placement, custom closets, radiant heat (garden level) and pre-wired for home audio & surround sound.

Last Agent to Sell the Property

Mark Doherty

Sprogis & Neale Real Estate Listed on: 09/29/2015

Last Buyer's Agent

Mark Doherty

Sprogis & Neale Real Estate Listed on: 09/29/2015

Townhouse Details

Home Type

Townhome

Year Built

1890

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Lot Description: City View(s), Other (See Remarks)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Refrigerator - Wine Storage
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School, T-Station, University
  • Flooring: Tile, Marble, Hardwood
  • Interior Amenities: Security System, Cable Available, Wired for Surround Sound
  • Basement: Finished
  • Bedroom 2: Second Floor, 10X15
  • Bathroom #1: Second Floor, 5X11
  • Bathroom #2: First Floor
  • Bathroom #3: Basement, 11X6
  • Kitchen: Basement, 9X12
  • Laundry Room: Basement
  • Living Room: First Floor, 26X17
  • Master Bedroom: Second Floor, 11X14
  • Master Bedroom Description: Closet, Flooring - Hardwood, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting
  • Dining Room: Basement, 12X12
  • Oth1 Room Name: Office
  • Oth1 Dimen: 7X7
  • Oth1 Dscrp: Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup

Exterior Features

  • Roof: Rubber
  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Deck, Deck - Roof, Patio
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, Rented
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Radiant, Gas, Hydro Air
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Tankless
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Apr 15, 2016
Sold by
40 & 40A Melrose Dev Llc
Bought by
Preotle Jane
Seller's Agent
Mark Doherty
Sprogis & Neale Real Estate
Buyer's Agent
Mark Doherty
Sprogis & Neale Real Estate
List Price
$1,875,000
Sold Price
$1,650,000
Premium/Discount to List
-$225,000
-12%
Current Estimated Value
$2,409,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,477
Avg. Annual Appreciation
3.89%
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2013
Sold by
Mclaughlin Sean M and Cross Richard L
Bought by
40 & 40A Melrose Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Preotle Jane $1,650,000 --
40 & 40A Melrose Dev Llc $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Preotle Jane $1,200,000
Previous Owner 40 & 40A Melrose Dev Llc $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $1,650,000 -8.1% $985 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
11/30/2015 11/30/15 Price Changed $1,795,000 -4.3% $1,072 / Sq Ft
09/29/2015 09/29/15 For Sale $1,875,000 -- $1,119 / 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 $26,496 $2,288,100 $627,500 $1,660,600
2024 $24,151 $2,215,700 $633,300 $1,582,400
2023 $22,883 $2,130,600 $609,000 $1,521,600
2022 $22,299 $2,049,500 $585,800 $1,463,700
2021 $20,629 $1,933,400 $552,600 $1,380,800
2020 $19,759 $1,871,100 $437,600 $1,433,500
2019 $19,153 $1,817,200 $362,200 $1,455,000
2018 $18,495 $1,764,800 $362,200 $1,402,600
2017 $17,081 $1,612,896 $347,712 $1,265,184
2016 $11,355 $1,032,252 $282,750 $749,502
2015 $9,293 $767,400 $326,600 $440,800
2014 $8,392 $667,100 $326,600 $340,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71912197

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-000760

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