NOT LISTED FOR SALE

48 Spear St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $908,000 - $1,111,000

5 Beds
3 Baths
3,000 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 48 Spear St, Melrose, MA 02176 and is currently estimated at $1,010,519, approximately $336 per square foot. 48 Spear St is a home located in Middlesex County with nearby schools including Hoover Elementary School, Winthrop Elementary School, and Lincoln Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2009
Sold by
Lajoie William
Bought by
Tibbetts Christopher D and Zhao Lan Huan
Current Estimated Value
$1,010,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,400
Outstanding Balance
$168,592
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$841,927

Purchase Details

Closed on
Dec 15, 2005
Sold by
Ellis John E and Ellis Kathleen
Bought by
Lajoie William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Simpson Terri A and Simpson Steven J
Bought by
Ellis John E and Ellis Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1997
Sold by
Mclaughlin Edwin W and Mclaughlin Barbara A
Bought by
Simpson Stevenj and Simpson Terri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Tibbetts Christopher D $429,000 --
Lajoie William $540,000 --
Ellis John E $450,000 --
Simpson Stevenj $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Stevenj $162,500
Open Tibbetts Christopher D $257,400
Previous Owner Lajoie William $432,000
Previous Owner Ellis John E $400,000
Previous Owner Simpson Stevenj $67,000
Previous Owner Simpson Stevenj $156,000
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 $78 $786,100 $390,000 $396,100
2024 $7,556 $760,900 $364,800 $396,100
2023 $7,305 $701,100 $339,700 $361,400
2022 $7,142 $675,700 $327,100 $348,600
2021 $7,153 $653,200 $314,500 $338,700
2020 $6,948 $628,800 $289,300 $339,500
2019 $6,388 $590,900 $276,800 $314,100
2018 $6,160 $543,700 $229,600 $314,100
2017 $6,035 $511,400 $220,100 $291,300
2016 $5,819 $471,900 $195,000 $276,900
2015 $5,638 $435,000 $195,000 $240,000
2014 $5,568 $419,300 $179,300 $240,000
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose East Side

48 Spear St, Melrose, MA

Not Listed for Sale

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