NOT LISTED FOR SALE

40 Spear St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $894,000 - $999,000

5 Beds
2 Baths
2,410 Sq Ft
$389/Sq Ft Est. Value

About This Home

This home is located at 40 Spear St, Melrose, MA 02176 and is currently estimated at $938,177, approximately $389 per square foot. 40 Spear St is a home located in Middlesex County with nearby schools including Hoover Elementary School, Winthrop Elementary School, and Lincoln Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Brown Mark T and Mccarthy Claire
Bought by
Brown Mccarthy Ft
Current Estimated Value
$938,177

Purchase Details

Closed on
Sep 23, 1994
Sold by
Garrity Winifred
Bought by
Brown Mark T and Mccarthy Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Mccarthy Ft -- None Available
Brown Mark T $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Mark T $75,000
Previous Owner Brown Mark T $60,000
Previous Owner Brown Mark T $199,500
Previous Owner Brown Mark T $199,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $78 $791,600 $468,400 $323,200
2024 $7,563 $761,600 $438,400 $323,200
2023 $7,323 $702,800 $408,100 $294,700
2022 $7,157 $677,100 $393,100 $284,000
2021 $7,062 $644,900 $378,100 $266,800
2020 $6,794 $614,800 $348,100 $266,700
2019 $6,250 $578,200 $333,100 $245,100
2018 $5,914 $522,000 $276,900 $245,100
2017 $5,709 $483,800 $265,600 $218,200
2016 $5,277 $428,000 $235,600 $192,400
2015 $5,547 $428,000 $235,600 $192,400
2014 $5,436 $409,300 $216,900 $192,400
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose East Side

40 Spear St, Melrose, MA

Not Listed for Sale

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