Seller's Agent in 2025
Leeman & Gately
Compass
(781) 844-5191
44 in this area
222 Total Sales
45 Bancroft Rd Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $907,000 - $984,000
3
Beds
1.5
Baths
2,502
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Colonial Architecture
- Winthrop Elementary School Rated A
- Custom Closet System
- Property is near public transit and schools
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,792
Year Built
- Built in 1948
Lot Details
- 7,863 Sq Ft Lot
- Fenced Yard
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
- Sump Pump
- Laundry in Basement
Outdoor Features
- Bulkhead
- Enclosed Patio or Porch
Location
- Property is near public transit and 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
- Near Conservation Area
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
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
-$13,990
Avg. Annual Appreciation
-2.22%
Original Mortgage
$857,025
Outstanding Balance
$852,465
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,795
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
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 |
|---|---|---|---|
| Lococo Myla M | $952,250 | None Available | |
| Lococo Myla M | $952,250 | None Available | |
| Richard C Kelley Lt | -- | -- | |
| Richard C Kelley Lt | -- | -- | |
| Richard C Kelley Lt | -- | -- | |
| Kelley Richard C | -- | -- | |
| Kelley Richard C | -- | -- | |
| Kelley Richard C | -- | -- | |
| Lt Richard C Kelley | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lococo Myla M | $857,025 | |
| Closed | Lococo Myla M | $857,025 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 | $8,792 | $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
-
Lorraine Gately
Seller Co-Listing Agent in 2025
Lorraine Gately
Compass
(781) 307-1243
12 in this area
37 Total Sales
-
Randall Horn
Buyer's Agent in 2025
Randall Horn
Entourage Realty LLC
(781) 367-1598
1 in this area
68 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73343952
APN: MELR-000009G-000000-000093
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