48 Spear St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $921,000 - $1,083,000
5
Beds
3
Baths
3,000
Sq Ft
$339/Sq Ft
Est. Value
About This Home
This home is located at 48 Spear St, Melrose, MA 02176 and is currently estimated at $1,015,886, approximately $338 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
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
$847,294
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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