45 Bancroft Rd Melrose, MA 02176
Melrose East Side Neighborhood
3
Beds
1.5
Baths
2,502
Sq Ft
7,863
Sq Ft Lot
Highlights
- Golf Course Community
- Medical Services
- Colonial Architecture
- Winthrop Elementary School Rated A
- Custom Closet System
- Property is near public transit
About This Home
As of May 2025Eastside 3 bdrm Colonial lovingly cared for & cherished by the same family for 50+ years. HW floors, natural light & classic period details abound! Enter this warm home & to the left is the large front-to-back living room w/fireplace & to the right is the dining room offering great space for entertaining...w/both rooms boasting classic archways & crown moldings. The eat-in kitchen is bright & sunny & leads to the 1/2 ba, 3 season porch (which could double as a mudroom) & nice front patio...perfect for coffee & watching the world go by. Upstairs holds a full ba & 3 good-sized bdrms, including a large primary w/walk-in closet. The LL boasts a bonus room featuring a vintage built-in bar, perfect for a playroom, office or mancave! Out back, the big yard is mostly fenced-in offering abundant space for yard games, pets, entertaining & gardens! Streets are a bit wider w/ a bit more space in this neighborhood... a sweet little Melrose enclave for comfortable living & building equity!
Co-Listed By
Lorraine Gately
Compass
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,792
Year Built
- Built in 1948
Lot Details
- 7,863 Sq Ft Lot
- Near Conservation Area
- Fenced Yard
- Fenced
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Open Parking
Home Design
- Colonial Architecture
- Brick Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Crown Molding
- Light Fixtures
- Picture Window
- Arched Doorways
- Entryway
- Living Room with Fireplace
- Sun or Florida Room
Kitchen
- Breakfast Bar
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
- Laundry in Basement
Outdoor Features
- Bulkhead
- Enclosed patio or porch
Location
- Property is near public transit
- Property is near schools
Schools
- Lottery Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Oil
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 657531
Community Details
Overview
- No Home Owners Association
- Eastside/Bellevue Cc Subdivision
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2025
Closed on
May 6, 2025
Sold by
Richard C Kelley Lt and Katz
Bought by
Lococo Myla M and Lococo Jonathan N
Seller's Agent
Leeman & Gately
Compass
Buyer's Agent
Randall Horn
Entourage Realty LLC
List Price
$869,900
Sold Price
$952,250
Premium/Discount to List
$82,350
9.47%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.47%
Original Mortgage
$857,025
Outstanding Balance
$857,025
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,407
Purchase Details
Closed on
Jul 23, 2012
Sold by
Kelley Richard C
Bought by
Richard C Kelley Lt and Kelley
Purchase Details
Closed on
Mar 7, 2012
Sold by
Kelley Jacqueline F Es and Kelley K
Bought by
Kelley Richard C
Purchase Details
Closed on
Dec 30, 1968
Bought by
Lt Richard C Kelley
Similar Homes in the area
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 |
|---|---|---|---|
| Deed | $952,250 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $857,025 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $952,250 | +9.5% | $381 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $869,900 | -- | $348 / 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 | $88 | $888,100 | $515,400 | $372,700 |
| 2024 | $8,819 | $888,100 | $515,400 | $372,700 |
| 2023 | $8,333 | $799,700 | $459,700 | $340,000 |
| 2022 | $8,030 | $759,700 | $431,800 | $327,900 |
| 2021 | $7,629 | $696,700 | $390,000 | $306,700 |
| 2020 | $7,700 | $696,800 | $390,000 | $306,800 |
| 2019 | $6,864 | $635,000 | $352,400 | $282,600 |
| 2018 | $6,832 | $603,000 | $320,400 | $282,600 |
| 2017 | $6,712 | $568,800 | $306,400 | $262,400 |
| 2016 | $6,292 | $510,300 | $292,500 | $217,800 |
| 2015 | $6,060 | $467,600 | $278,600 | $189,000 |
| 2014 | $6,025 | $453,700 | $264,700 | $189,000 |
Source: Public Records
Agents Affiliated with this Home
-
Leeman & Gately
Seller's Agent in 2025
Leeman & Gately
Compass
(781) 844-5191
38 in this area
188 Total Sales
-
Seller Co-Listing Agent in 2025
Lorraine Gately
Compass
(781) 307-1243
-
Randall Horn
Buyer's Agent in 2025
Randall Horn
Entourage Realty LLC
(781) 367-1598
1 in this area
67 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73343952
APN: MELR-000009G-000000-000093
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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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