48 Cumner Ave Melrose, MA 02176
Mount Hood NeighborhoodEstimated Value: $689,684 - $788,000
3
Beds
2
Baths
1,144
Sq Ft
$653/Sq Ft
Est. Value
About This Home
This home is located at 48 Cumner Ave, Melrose, MA 02176 and is currently estimated at $746,671, approximately $652 per square foot. 48 Cumner Ave is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Hoover Elementary School, and Lincoln Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 21, 2018
Sold by
Reynolds Jean M and Poulin Julie A
Bought by
Reynolds Jean M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$36,713
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$610,049
Purchase Details
Closed on
Apr 15, 1997
Sold by
Martignetti Salvatore and Kline Michael J
Bought by
Reynolds Jean M and Poulin Julia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 1996
Sold by
Mckay Elizabeth M
Bought by
Martignetti Salvatore and Kline Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reynolds Jean M | -- | -- | |
| Reynolds Jean M | $195,000 | -- | |
| Martignetti Salvatore | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reynolds Jean M | $50,000 | |
| Previous Owner | Reynolds Jean M | $187,000 | |
| Previous Owner | Reynolds Jean M | $191,000 | |
| Previous Owner | Martignetti Salvatore | $185,000 | |
| Previous Owner | Martignetti Salvatore | $185,500 | |
| Previous Owner | Martignetti Salvatore | $120,000 |
Source: Public Records
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 | $53 | $536,400 | $325,500 | $210,900 |
| 2024 | $5,075 | $511,100 | $304,500 | $206,600 |
| 2023 | $4,967 | $476,700 | $283,500 | $193,200 |
| 2022 | $4,860 | $459,800 | $273,000 | $186,800 |
| 2021 | $10,019 | $433,900 | $262,500 | $171,400 |
| 2020 | $4,564 | $413,000 | $241,500 | $171,500 |
| 2019 | $9,530 | $389,600 | $231,000 | $158,600 |
| 2018 | $9,774 | $350,200 | $191,600 | $158,600 |
| 2017 | $9,168 | $328,500 | $183,800 | $144,700 |
| 2016 | $3,910 | $317,100 | $162,800 | $154,300 |
| 2015 | $3,937 | $303,800 | $162,800 | $141,000 |
| 2014 | $3,859 | $290,600 | $149,600 | $141,000 |
Source: Public Records
Map
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