Seller's Agent in 2021
Michelle Oates
Gibson Sotheby's International Realty
(978) 821-2626
1 in this area
25 Total Sales
41 Spear St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $688,000 - $745,000
4
Beds
1
Bath
1,238
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit and schools
- Winthrop Elementary School Rated A
- Cape Cod Architecture
- Wood Flooring
About This Home
As of December 2021This solid cape home in a desirable Melrose neighborhood has been lovingly maintained by a single owner. Many updates were made along the way including windows, roof, boiler, and siding. Original hardwood flooring throughout is in great condition. First floor features a sun-drenched living room and office/bedroom, full bath, eat-in kitchen, and a bedroom or dining room. Upstairs you'll find 2 additional bedrooms. Need more living area? The spacious basement has good height, and the ceilings have already been finished for you. This home has so many possibilities for remodeling and expansion. Bring your ideas! Fantastic level lot with an ample, mostly-fenced backyard featuring flower and vegetable gardens. All this in a perfect commuter location just a mile to Wyoming & Cedar Park T Stations, 1.5 miles to Oak Grove, and a mile from downtown restaurants and shopping. Outdoor enthusiasts will love hiking, biking, and boating nearby at the Middlesex Fells Reservation. Don't wait!
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 10/20/2021
Last Buyer's Agent
Andrea Rizzitano
Century 21 Marella Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,391
Year Built
- Built in 1952
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
- Property is zoned URA
Home Design
- Cape Cod Architecture
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,238 Sq Ft Home
- Light Fixtures
- Dining Area
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
- Linen Closet In Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
- Laundry in Basement
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Patio
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 117
- Assessor Parcel Number 655410
Community Details
Overview
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Dec 1, 2021
Sold by
Oliver Janet M and Oliver Richard D
Bought by
Erickson Courtney L and Erickson Deven J
Seller's Agent
Michelle Oates
Gibson Sotheby's International Realty
Buyer's Agent
Andrea Rizzitano
Century 21 Marella Realty
List Price
$499,900
Sold Price
$570,000
Premium/Discount to List
$70,100
14.02%
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
$149,235
Avg. Annual Appreciation
5.68%
Original Mortgage
$530,000
Outstanding Balance
$487,330
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,905
Purchase Details
Closed on
Jan 20, 2010
Sold by
Hynes James E
Bought by
Hynes James E and Oliver Janet M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erickson Courtney L | $570,000 | None Available | |
| Hynes James E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erickson Courtney L | $530,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $570,000 | +14.0% | $460 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $499,900 | -- | $404 / 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 | $61 | $613,200 | $423,300 | $189,900 |
| 2024 | $5,745 | $578,600 | $396,000 | $182,600 |
| 2023 | $5,637 | $541,000 | $368,700 | $172,300 |
| 2022 | $5,455 | $516,100 | $355,000 | $161,100 |
| 2021 | $5,391 | $492,300 | $341,400 | $150,900 |
| 2020 | $5,138 | $465,000 | $314,100 | $150,900 |
| 2019 | $4,682 | $433,100 | $300,400 | $132,700 |
| 2018 | $4,327 | $381,900 | $249,200 | $132,700 |
| 2017 | $4,242 | $359,500 | $239,000 | $120,500 |
| 2016 | $4,023 | $326,300 | $211,700 | $114,600 |
| 2015 | $4,086 | $315,300 | $211,700 | $103,600 |
| 2014 | $3,960 | $298,200 | $194,600 | $103,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Oates
-
A
Buyer's Agent in 2021
Andrea Rizzitano
Century 21 Marella Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72910499
APN: MELR-000004E-000000-000117
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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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