40 Upland Rd Melrose, MA 02176
Melrose Highlands Neighborhood
5
Beds
4.5
Baths
4,748
Sq Ft
0.35
Acres
Highlights
- Medical Services
- 0.35 Acre Lot
- Deck
- Roosevelt Elementary School Rated A
- Colonial Architecture
- 5-minute walk to Melrose Dog Park
About This Home
As of August 2025Welcome to this exquisite 5-bedroom, 4-1/2 bath residence nestled in one of Melrose most sought after neighborhoods. This completely rebuilt, expanded & tastefully renovated home is one of a kind, offering a perfect blend of elegance & modern sophistication for a lifestyle of luxury & comfort. Step inside to discover a beautifully designed interior that exudes charm & style at every turn. The stunning chef's kitchen features a dining area, top-of-the-line appliances, custom cabinetry & a spacious island w adjacent family room. The expansive, beautiful living spaces have great flow & are bathed in natural light. The primary bedroom features a large walk In closet & a spa-like bath. 4 add'l beds offer space for all. Walk up attic offers 2 additional guest bedrooms / home office and playroom area. Lower level w/ fabulous gym space, full bathroom & wet bar. Fabulous rear patio & private yard perfect for family enjoyment. All new systems, 2 car garage detached with EV charging.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,423
Year Built
- Built in 1898
Lot Details
- 0.35 Acre Lot
- Irregular Lot
- Wooded Lot
Parking
- 2 Car Detached Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Foam Insulation
- Shingle Roof
Interior Spaces
- 1 Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
Bedrooms and Bathrooms
- 5 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- 4 Cooling Zones
- 4 Heating Zones
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 658408
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2024
Sold by
Adams Stephen M and U S Bank Na Tr
Bought by
Jcg Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,281,600
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1990
Sold by
Schneider Daniel M
Bought by
Adams Stephen M
Similar Homes in Melrose, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $834,000 | None Available | |
| Foreclosure Deed | $834,000 | None Available | |
| Deed | $280,000 | -- | |
| Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,687,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $300,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $1,281,600 | Purchase Money Mortgage | |
| Previous Owner | $560,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $151,899 | No Value Available | |
| Previous Owner | $120,747 | No Value Available | |
| Previous Owner | $506,000 | No Value Available | |
| Previous Owner | $445,000 | No Value Available | |
| Previous Owner | $65,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $1,915,000 | -4.2% | $403 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $1,999,900 | -- | $421 / 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 | $114 | $1,153,800 | $470,400 | $683,400 |
| 2024 | $11,174 | $1,125,300 | $441,900 | $683,400 |
| 2023 | $12,336 | $1,183,900 | $427,600 | $756,300 |
| 2022 | $12,222 | $1,156,300 | $427,600 | $728,700 |
| 2021 | $11,881 | $1,085,000 | $399,100 | $685,900 |
| 2020 | $11,515 | $1,042,100 | $356,400 | $685,700 |
| 2019 | $10,377 | $959,900 | $329,300 | $630,600 |
| 2018 | $10,537 | $930,000 | $299,400 | $630,600 |
| 2017 | $10,264 | $869,800 | $285,100 | $584,700 |
| 2016 | $10,127 | $821,300 | $278,000 | $543,300 |
| 2015 | $9,091 | $701,500 | $249,500 | $452,000 |
| 2014 | $8,937 | $673,000 | $221,000 | $452,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Gattuso
J
Seller's Agent in 2025
James Gattuso
Mayflower Realty Group
(617) 670-0272
1 in this area
50 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73401741
APN: MELR-000011B-000000-000065
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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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