NOT LISTED FOR SALE

Estimated Value: $971,000 - $1,010,538

7 Beds
2 Baths
3,019 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $700,000 $232 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,383/month

14 Days on Market

About This Home

As of November 2020

HURRY! ALL OFFERS DUE! Rare opportunity to own this Large Victorian style legal 2 family on corner lot in well sought after Melrose, MA. Spacious units and floor plans. First floor offers sunny unit with 3 bedrooms and large living room with fireplace and eat-in kitchen. 2nd unit comes with 2 levels with 4 bedrooms and 2 bonus rooms in addition to eat-in kitchen and living room. Located within minutes of commuter rail, downtown Melrose and all major highways. Property needs work. Suitable for investor/contractor. Lots of potential in this property! High ceilings. Walk out basement. 4 car tandem parking. Both units have brand new hot water heaters. DO NOT MISS!

Last Agent to Sell the Property

Jigsaw Realty Group

Citylight Homes LLC Listed on: 09/24/2020

Last Buyer's Agent

Jigsaw Realty Group

Citylight Homes LLC Listed on: 09/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $80

Year Built

  • Built in 1860

Lot Details

  • Year Round Access

Flooring

  • Wood
  • Wall to Wall Carpet

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$80

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 198.41
  • Comp Based On: Net Sale Price
  • Year Built: 1860
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1860

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Wall to Wall Carpet
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: BB5326
  • Main So: BB5326
  • Estimated Sq Ft: 3019.00

Exterior Features

  • Exterior: Shingles
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 607700.00
  • Acre: 0.12
  • Lot Size: 5304.00
  • Page: 244
  • Zoning: URA
  • Lot Description: Corner, Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1985
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6715.09
  • Assessor Parcel Number: 654898
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 24, 2020
Sold by
C & D Sun Llc
Bought by
Wallace Norma and Siobhan-Laidley Anne
Seller's Agent
Jigsaw Realty Group
Citylight Homes LLC
Buyer's Agent
Jigsaw Realty Group
Citylight Homes LLC
List Price
$599,000
Sold Price
$700,000
Premium/Discount to List
$101,000
16.86%
Current Estimated Value
$986,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,635
Avg. Annual Appreciation
7.04%
Original Mortgage
$525,000
Outstanding Balance
$469,302
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$497,879

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 20, 2014
Sold by
Wang Yi
Bought by
C & D Sun Llc
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Elizabeth Wood
Tache Real Estate, Inc.
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$322,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 9, 2014
Sold by
Provident Funding Asso
Bought by
Wang Yi
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Elizabeth Wood
Tache Real Estate, Inc.
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2014
Closed on
Apr 30, 2014
Sold by
Fhlmc
Bought by
Provident Funding Asso
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Elizabeth Wood
Tache Real Estate, Inc.
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2013
Sold by
Rodriguez John
Bought by
Fhlmc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Evans Barry and Evans Sylvia L
Bought by
Rodriguez John H and Smiles Paulette H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.28%
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
Wallace Norma $700,000 None Available
C & D Sun Llc -- --
Wang Yi $430,000 --
Provident Funding Asso $410,856 --
Fhlmc $340,000 --
Rodriguez John H $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laidley Anne $182,778
Open Wallace Norma $525,000
Previous Owner Wang Yi $322,500
Previous Owner Smiles Paulette H $465,000
Previous Owner Rodriguez John H $110,000
Previous Owner Rodriguez John H $359,650
Previous Owner Rodriguez John $67,850
Previous Owner Evans Barry $347,000
Previous Owner Evans Barry $306,000
Previous Owner Evans Barry $67,400
Previous Owner Evans Barry $158,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $700,000 0.0% $232 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/07/2020 10/07/20 Off Market $700,000 -- --
09/24/2020 09/24/20 For Sale $599,000 +39.3% $198 / Sq Ft
05/09/2014 05/09/14 Sold $430,000 +7.5% $142 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $399,900 -- $132 / 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 $80 $803,200 $395,900 $407,300
2024 $7,491 $754,400 $370,400 $384,000
2023 $7,461 $716,000 $344,800 $371,200
2022 $7,300 $690,600 $332,000 $358,600
2021 $6,978 $637,300 $319,300 $318,000
2020 $6,715 $607,700 $293,700 $314,000
2019 $6,318 $584,500 $281,000 $303,500
2018 $5,962 $526,200 $233,100 $293,100
2017 $5,775 $489,400 $223,500 $265,900
2016 $5,331 $432,400 $197,900 $234,500
2015 $5,583 $430,800 $197,900 $232,900
2014 $5,198 $391,400 $182,000 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72731709

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000177