NOT LISTED FOR SALE

Estimated Value: $649,000 - $779,000

2 Beds
2 Baths
1,704 Sq Ft
$350/mo HOA Fee

Last Sold December 13, 2021

Last sale price $560,000 $329 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,103/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Skylights
  • Lincoln Elementary School Rated A-
  • Solid Surface Countertops
  • 2-minute walk to Foss Park

About This Home

As of December 2021

408 Lebanon Street is more than just a condo, it's a lifestyle. This multi-level penthouse unit is anything but cookie cutter with 1700 square feet of living space including a cathedral ceiling living room with skylights and a cozy pellet stove. The updated kitchen is well appointed with granite counter tops, an inviting breakfast nook and amazing storage in the walk in pantry. The vaulted ceiling master bedroom is an oasis with gorgeous hardwood floors, double closets and updated bathroom with oversized marble vanity. A second full bath and generous loft style bedroom with double closets complete the space. Affordable condo fee, two deeded parking spaces, in unit laundry and central air are just a few of the features that set this unit apart. Located minutes to Oak Grove, downtown Melrose shops and restaurants, welcome home! No showings until Tuesday Nov 2nd.Photos are from when it was staged.

Last Agent to Sell the Property

Cheryl Petitpas

RE/MAX Platinum Listed on: 11/01/2021

RE/MAX Platinum

Last Buyer's Agent

Jacqueline Vienneau

Berkshire Hathaway HomeServices Warren Residential

Berkshire Hathaway HomeServices Warren Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57

Year Built

  • 1896

HOA Fees

  • $350 per month

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Lighting
  • Storage Room

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Separate Shower

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone
  • Pellet Stove burns compressed wood to generate heat

Property Details

Home Type

Condominium

Est. Annual Taxes

$57

Year Built

1896

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Intersection of Lynde & Lebanon St. Park on Lynde for open house and showings. Not in lot.
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1896

Interior Features

  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Storage
  • Room Living Room Level: First
  • Room Living Room Features: Wood / Coal / Pellet Stove, Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Lighting - Sconce
  • MAIN LO: AN2701
  • MAIN SO: AN2213
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: Pantry
  • Other Equipment: Intercom
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Common Walls: No One Above
  • Construction Type: Brick
  • Disclosures: Two Windows Need Springs Tightened. Pellet Stove Vent Needs To Be Adjusted Per Association. Seller Leaving Brand New Washer/Dryer As Gifts Photos Are From When It Was Staged.
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Deeded
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating Yn: Yes
  • Laundry Features: Flooring - Laminate, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Icemaker Connection
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Owner Association
  • Amenities: Elevator(s)
  • Association Fee: 349.5
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Schools

  • Middle Or Junior School: Melrose Middle

Lot Info

  • Farm Land Area Units: Square Feet
  • Zoning: URB

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 5581
  • Tax Book Number: 67811
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 13, 2021
Sold by
Tsoi Lei W and Shum Kim
Bought by
Gong Yunyi
Seller's Agent
Cheryl Petitpas
RE/MAX Platinum
Buyer's Agent
Jacqueline Vienneau
Berkshire Hathaway HomeServices Warren Residential
List Price
$539,900
Sold Price
$560,000
Premium/Discount to List
$20,100
3.72%
Current Estimated Value
$716,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,120
Avg. Annual Appreciation
6.56%
Original Mortgage
$448,000
Outstanding Balance
$412,208
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,912

Purchase Details

Listed on
Jul 4, 2016
Closed on
Aug 15, 2016
Sold by
Miranda Margie
Bought by
Tsoi Lei W
Seller's Agent
Cheryl Petitpas
RE/MAX Platinum
Buyer's Agent
Rollins Sales Team
Commonwealth Properties Residential, LLC
List Price
$405,500
Sold Price
$417,000
Premium/Discount to List
$11,500
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Macdonnell Alejandra and Macdonnell Vincent T
Bought by
Miranda Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Schuebler Peter G
Bought by
Macdonnell Vincent T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1996
Sold by
Cicatelli Thomas and Cicatelli Holly
Bought by
Schuebler Peter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gong Yunyi $560,000 None Available
Tsoi Lei W $417,000 --
Miranda Margie $377,500 --
Macdonnell Vincent T $320,000 --
Schuebler Peter G $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Yunyi $448,000
Previous Owner Schuebler Peter G $271,000
Previous Owner Miranda Margie $277,000
Previous Owner Macdonnell Vincent T $256,000
Previous Owner Schuebler Peter G $160,000
Previous Owner Schuebler Peter G $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2021 12/13/21 Sold $560,000 +3.7% $329 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $539,900 0.0% $317 / Sq Ft
08/01/2021 08/01/21 Rented $2,600 0.0% --
07/31/2021 07/31/21 Under Contract -- -- --
07/14/2021 07/14/21 For Rent $2,600 0.0% --
08/15/2016 08/15/16 Sold $417,000 +2.8% $245 / Sq Ft View Prior Sale
07/13/2016 07/13/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $405,500 -- $239 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $57 $572,500 $0 $572,500
2024 $5,621 $566,100 $0 $566,100
2023 $5,555 $533,100 $0 $533,100
2022 $6,080 $575,200 $0 $575,200
2021 $5,531 $505,100 $0 $505,100
2020 $5,581 $505,100 $0 $505,100
2019 $5,309 $491,100 $0 $491,100
2018 $4,785 $422,300 $0 $422,300
2017 $4,859 $411,800 $0 $411,800
2016 $4,618 $374,500 $0 $374,500
2015 $4,506 $347,700 $0 $347,700
2014 $4,470 $336,600 $0 $336,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72914674

MLS Property Information Network (MLS PIN)

APN: MELR-000006D-000000-000022-000018