NOT LISTED FOR SALE

481 Lebanon St Unit 2 Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $614,000 - $646,000

2 Beds
2 Baths
1,085 Sq Ft
1930 Built

Last Sold June 13, 2016

Last sale price $425,000 $392 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,409/month

7 Days on Market

About This Home

As of June 2016

The warm tones, finishes and open concept evoke feelings of equal part chic, comfort and allure, coupled with a modern ease which is exhibited throughout this contemporary condo. Meet the home that offers the lifestyle you've been awaiting. With an easy walk to downtown Melrose, the commuter rail and the bus service to Oak Grove, you'll cherish your extra time in this elegant abode. Indulge yourself in a gourmet granite and stainless steel kitchen complete with a wine cooler. Linger in your master suite appointed with a custom designed walk in shower! Bonus features include a lush green common area with a patio area, garage complete with loft storage, two additional off-street deeded parking spaces, and basement storage. Second bedroom boasts its own private study as well as a second full bath. This attractive home is mere steps from Melrose's restaurants, boutiques and many events. Take advantage of this opportunity to own a trendy condo in a great location!

Last Agent to Sell the Property

Alison Socha

Leading Edge Real Estate Listed on: 05/18/2016

Leading Edge Real Estate

Last Buyer's Agent

Mary Sexton

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$52

Year Built

1930

Lot Details

0

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1930

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Refrigerator - Wine Storage
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Hardwood
  • Insulation: Fiberglass
  • Bedroom 2: First Floor, 15X10
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor, 18X8
  • Laundry Room: First Floor
  • Living Room: First Floor, 22X11
  • Master Bedroom: First Floor, 15X12
  • Master Bedroom Description: Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 22X11
  • Oth2 Room Name: Study
  • Oth2 Dimen: 11X6
  • Oth2 Dscrp: Flooring - Hardwood
  • Oth2 Level: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Patio, Fenced Yard, Professional Landscaping, Sprinkler System

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Deeded
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Condo/Co-op/Association

  • Condominium Name: 481-483 Lebanon Street Condominium
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 4
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Apply
  • Middle School: Mvmms
  • High School: Mhs

Lot Info

  • Zoning: URA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 13, 2016
Sold by
Butler Kerry
Bought by
Rowlands Katharine J
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Mary Sexton
William Raveis R.E. & Home Services
List Price
$395,000
Sold Price
$425,000
Premium/Discount to List
$30,000
7.59%
Current Estimated Value
$624,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,872
Avg. Annual Appreciation
4.27%

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 9, 2015
Sold by
Rutkowski Carl and Rutkowski Linda
Bought by
Butler Kerry
Seller's Agent
Deborah Chandler
Leading Edge Real Estate
Buyer's Agent
Alison Socha
Leading Edge Real Estate
List Price
$395,000
Sold Price
$401,000
Premium/Discount to List
$6,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Vo Dao and Vo Thuy Anh
Bought by
Rutkowski Carl and Rutkowski Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rowlands Katharine J $425,000 --
Butler Kerry $401,000 --
Rutkowski Carl $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowlands Katharine J $200,000
Previous Owner Rutkowski Carl $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $425,000 +7.6% $392 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $395,000 -1.5% $364 / Sq Ft
07/09/2015 07/09/15 Sold $401,000 +1.5% $370 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $395,000 -- $364 / 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 $52 $526,600 $0 $526,600
2024 $5,011 $504,600 $0 $504,600
2023 $5,128 $492,100 $0 $492,100
2022 $4,848 $458,700 $0 $458,700
2021 $4,890 $446,600 $0 $446,600
2020 $4,938 $446,900 $0 $446,900
2019 $4,569 $422,700 $0 $422,700
2018 $4,459 $393,600 $0 $393,600
2017 $4,424 $374,900 $0 $374,900
2016 $4,102 $332,700 $0 $332,700
2015 $4,312 $332,700 $0 $332,700
Source: Public Records

Agents Affiliated with this Home

  • Alison Socha

    Seller's Agent in 2016

    Alison Socha

    Leading Edge Real Estate

    (781) 983-9326

    32 in this area

    259 Total Sales

    Alison Socha
    Section Image

  • M

    Buyer's Agent in 2016

    Mary Sexton

    William Raveis R.E. & Home Services

    Section Image

  • D

    Seller's Agent in 2015

    Deborah Chandler

    Leading Edge Real Estate

    (617) 429-9955

    23 Total Sales

    Deborah Chandler
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72008103

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000179-000002

Massachusetts Middlesex County Melrose 02176 Melrose East Side

481 Lebanon St Unit 2, Melrose, MA

This home is located at 481 Lebanon St Unit 2, Melrose, MA 02176 since 18 May 2016 and is currently estimated at $624,872, approximately $575 per square foot. This property was built in 1930. 481 Lebanon St Unit 2 is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Lincoln Elementary School, and Horace Mann Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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