Seller's Agent in 2019
Sabrina Carr
William Raveis R.E. & Home Services
(781) 775-2895
132 Total Sales
408 Lebanon St Unit 5 Melrose, MA 02176
Oak Grove-Pine Banks NeighborhoodEstimated Value: $723,537 - $828,000
2
Beds
3
Baths
2,001
Sq Ft
$385/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- 2-minute walk to Foss Park
- Lincoln Elementary School Rated A-
About This Home
As of November 2019Welcome to the perfect blend of timeless character & modern charm! This spacious, multi-level, end unit at Washington Estates has a 5 star location & all of the amenities you need. The building was converted from a school & has maintained its stunning historic architecture, which is reflected in the soaring 13' ceilings, gorgeous/oversized windows & flexible floor plan. The main level features an expansive & sundrenched living area with impressive, motorized window shades & hardwood floors. Also on this level, an inviting entryway, kitchen, dining room, ½ bath & laundry. The lower level offers a huge master bedroom w/en-suite bathroom & double closets, as well as an additional bedroom, sitting room, full bathroom & exceptional storage space. Bonus- 2 assigned parking spots, central A/C & newer hot water heater. Conveniently located w/ bus stops in front of the building and ½ mile to commuter rail, as well as downtown Melrose's top-notch dining, shops & more! Check out the video tour!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 10/08/2019
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $63
Year Built
- Built in 1896
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Individual Controls for Heating
- Electric Water Heater
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:0D6 P:00022-5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2019
Closed on
Nov 15, 2019
Sold by
Chestnut Wendell K and Bell Zane S
Bought by
Kovacevic Jelena and Trncic Igor
Seller's Agent
Sabrina Carr
William Raveis R.E. & Home Services
Buyer's Agent
Miyana Bovan
William Raveis R.E. & Home Services
List Price
$465,000
Sold Price
$500,500
Premium/Discount to List
$35,500
7.63%
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
$269,134
Avg. Annual Appreciation
7.54%
Original Mortgage
$375,375
Outstanding Balance
$330,233
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$439,401
Purchase Details
Closed on
Dec 3, 2001
Sold by
Sheridan Marc A and Sheridan Delphine
Bought by
Chestnut Wendell K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 24, 1999
Sold by
Silverstein Jay S and Thomsen Jocelyn A
Bought by
Sheridan Marc A and Sheridan Delphine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 1988
Sold by
Cedar Park Assn
Bought by
Silverstein Jay S
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 |
|---|---|---|---|
| Kovacevic Jelena | $500,500 | -- | |
| Chestnut Wendell K | $280,000 | -- | |
| Sheridan Marc A | $225,050 | -- | |
| Silverstein Jay S | $182,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kovacevic Jelena | $375,375 | |
| Previous Owner | Silverstein Jay S | $172,636 | |
| Previous Owner | Silverstein Jay S | $210,000 | |
| Previous Owner | Silverstein Jay S | $180,000 | |
| Previous Owner | Silverstein Jay S | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2019 11/27/19 | Sold | $500,500 | +7.6% | $250 / Sq Ft |
| 10/17/2019 10/17/19 | Pending | -- | -- | -- |
| 10/08/2019 10/08/19 | For Sale | $465,000 | -- | $232 / 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 | $63 | $636,900 | $0 | $636,900 |
| 2024 | $6,255 | $629,900 | $0 | $629,900 |
| 2023 | $6,185 | $593,600 | $0 | $593,600 |
| 2022 | $6,024 | $569,900 | $0 | $569,900 |
| 2021 | $5,478 | $500,300 | $0 | $500,300 |
| 2020 | $5,528 | $500,300 | $0 | $500,300 |
| 2019 | $5,256 | $486,200 | $0 | $486,200 |
| 2018 | $4,733 | $417,700 | $0 | $417,700 |
| 2017 | $4,928 | $417,600 | $0 | $417,600 |
| 2016 | $4,688 | $380,200 | $0 | $380,200 |
| 2015 | $4,575 | $353,000 | $0 | $353,000 |
| 2014 | $4,540 | $341,900 | $0 | $341,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sabrina Carr
-
Miyana Bovan
Buyer's Agent in 2019
Miyana Bovan
William Raveis R.E. & Home Services
(781) 698-9251
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72577196
APN: MELR-000006D-000000-000022-000005
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.
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