NOT LISTED FOR SALE

48 Melrose St Unit 4 Boston, MA 02116

Estimated Value: $1,804,000 - $2,083,000

2 Beds
2 Baths
1,675 Sq Ft
$333/ mo HOA Fee

Last Sold September 10, 2021

Last sale price $1,850,000 $1,104 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,116/month

53 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Arlington Station
  • Deck
  • No Units Above
  • Brownstone
  • 1-minute walk to Bay Village Park

About This Home

As of September 2021

A truly special home! Impressive and rare 2 PLUS bedroom penthouse duplex with coved cathedral ceilings, Juliet balcony, and windows at every turn. The layout offers a mudroom-style entry with a deep coat closet, custom shelving and hooks. Stunning spacious, open, and light living level with ample space for formal dining and renovated white/soapstone kitchen with island seating and bar storage. Soaring ceilings and hardwoods throughout. First level hall leads to full guest bath with tub and guest/2nd bedroom. Master suite with spacious walk in closet, Carrera tiled bath and private deck alongside wide hallway to additional private deck lovely plus - perfect for office or nursery. All this in a burgeoning pocket of Bay Village with amazing views of Back Bay/South End from every angle. A/C and pet friendly.

Last Agent to Sell the Property

Kyle Kaagan Team

Gibson Sotheby's International Realty Listed on: 06/17/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Nathan Hoag

Serhant

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,507

Year Built

  • Built in 1930

Lot Details

  • 1,742

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Brownstone
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,675 Sq Ft Home
  • 3-Story Property
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on fourth floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Connected

Additional Features

  • Deck
  • No Units Above
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number W:05 P:00764 S:008,3358080

Community Details

Overview

  • Association fees include heat, water, sewer, insurance
  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,507

Year Built

Built in 1930

Lot Details

1,742 Sq Ft Lot

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Brownstone
  • Year Built: 1930
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Office
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Fourth Floor
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Fourth Floor
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit, Washer Hookup
  • Room Living Room Level: Third
  • Room Office Level: Fourth Floor
  • Living Area: 1675
  • Stories Total: 3
  • MAIN LO: BB5918
  • MAIN SO: G80038

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Brick
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 333
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Other
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance

Lot Info

  • Parcel Number: W:05 P:00764 S:008,3358080
  • Zoning: 102
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.4
  • Lot Size Units: Acres
  • LOT SIZE: 1675
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13507

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Martin Patrick J
Bought by
Melrose Hospitality Llc
Current Estimated Value
$1,942,611

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 10, 2021
Sold by
Kulkarni Samarth
Bought by
Martin Patrick J
Seller's Agent
Kyle Kaagan Team
Gibson Sotheby's International Realty
Buyer's Agent
Nathan Hoag
Serhant
List Price
$1,875,000
Sold Price
$1,850,000
Premium/Discount to List
-$25,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,480,000
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2016
Sold by
Heald Nathaniel T and Heald Elizabeth M
Bought by
Heald Ft

Purchase Details

Closed on
Jan 31, 2003
Sold by
Keelan David E and Peale Barbara F
Bought by
Wiltshire Andrew G and Wiltshire Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2001
Sold by
Lombardi David
Bought by
Keelan David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 1996
Sold by
White Steven J
Bought by
Lombardi David and Mcgrail Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Koerner Henry and Koerner Katherine
Bought by
White Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Melrose Hospitality Llc -- None Available
Martin Patrick J $1,850,000 None Available
Heald Ft -- --
Wiltshire Andrew G $755,500 --
Keelan David E $715,000 --
Lombardi David $282,000 --
White Steven J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Patrick J $1,480,000
Previous Owner White Steven J $505,000
Previous Owner White Steven J $572,000
Previous Owner White Steven J $207,000
Previous Owner White Steven J $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $1,850,000 0.0% $1,104 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/20/2021 07/20/21 Off Market $1,850,000 -- --
07/07/2021 07/07/21 Price Changed $1,875,000 0.0% $1,119 / Sq Ft
07/07/2021 07/07/21 For Sale $1,875,000 +1.4% $1,119 / Sq Ft
07/02/2021 07/02/21 Off Market $1,850,000 -- --
06/17/2021 06/17/21 For Sale $1,900,000 -- $1,134 / 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 $20,095 $1,735,300 $0 $1,735,300
2024 $18,279 $1,677,000 $0 $1,677,000
2023 $17,478 $1,627,400 $0 $1,627,400
2022 $16,863 $1,549,900 $0 $1,549,900
2021 $16,537 $1,549,900 $0 $1,549,900
2020 $15,773 $1,493,700 $0 $1,493,700
2019 $15,286 $1,450,300 $0 $1,450,300
2018 $14,340 $1,368,300 $0 $1,368,300
2017 $13,675 $1,291,300 $0 $1,291,300
2016 $13,031 $1,184,600 $0 $1,184,600
2015 $12,462 $1,029,100 $0 $1,029,100
2014 $11,882 $944,500 $0 $944,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72852211

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-000764-000008

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