OPEN SAT 1:30PM - 2:30PM
$20K PRICE DROP
481 Lebanon St Unit 3 Melrose, MA 02176
Melrose East Side NeighborhoodEstimated payment $4,563/month
Total Views
6,542
3
Beds
2
Baths
1,390
Sq Ft
$482
Price per Sq Ft
Highlights
- Marina
- Golf Course Community
- Open Floorplan
- Winthrop Elementary School Rated A
- Medical Services
- Property is near public transit
About This Home
Refreshed & Stylish in the Heart of Melrose! Step into this beautifully refreshed 2-level condo, in a quiet building, just moments from vibrant downtown and multiple commuter options. The sunlit main level features an open-concept kitchen with shaker cabinetry, granite counters, a breakfast bar, wine fridge, and stainless steel appliances—flowing seamlessly into a spacious living/dining area ideal for entertaining. Two bedrooms and a sleek full bath offer flexible living or work-from-home space. Upstairs, retreat to the private primary suite with walk-in closet and en-suite bath. Hardwood bamboo flooring, high ceilings, central air, in-unit laundry, and tons of natural light throughout. Includes 2 assigned parking spots plus a garage, basement storage, and shared fenced yard with patio. A turnkey gem in a prime location!
Open House Schedule
-
Saturday, July 26, 20251:30 to 2:30 pm7/26/2025 1:30:00 PM +00:007/26/2025 2:30:00 PM +00:00Add to Calendar
-
Sunday, July 27, 20251:30 to 2:30 pm7/27/2025 1:30:00 PM +00:007/27/2025 2:30:00 PM +00:00Add to Calendar
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,735
Year Built
- Built in 1930
Lot Details
- Near Conservation Area
- Fenced Yard
- Security Fence
- Stone Wall
HOA Fees
- $377 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Unpaved Parking
- Open Parking
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Home Design
- Frame Construction
- Blown Fiberglass Insulation
- Batts Insulation
- Wood Roof
- Rubber Roof
Interior Spaces
- 1,390 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Window Screens
- French Doors
- Insulated Doors
- Exterior Basement Entry
Kitchen
- Breakfast Bar
- Stove
- Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Wine Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Lincoln Elementary School
- Melrose Veteran Middle School
- Melrose High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:0D7 P:001793,654900
Community Details
Overview
- Association fees include maintenance structure, ground maintenance, snow removal
- 4 Units
- 481 483 Lebanon Street Condominiums Community
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $57 | $579,300 | $0 | $579,300 |
| 2024 | $5,446 | $548,400 | $0 | $548,400 |
| 2023 | $5,569 | $534,500 | $0 | $534,500 |
| 2022 | $5,262 | $497,800 | $0 | $497,800 |
| 2021 | $5,303 | $484,300 | $0 | $484,300 |
| 2020 | $5,354 | $484,500 | $0 | $484,500 |
| 2019 | $4,946 | $457,500 | $0 | $457,500 |
| 2018 | $4,816 | $425,100 | $0 | $425,100 |
| 2017 | $4,773 | $404,500 | $0 | $404,500 |
| 2016 | $4,415 | $358,100 | $0 | $358,100 |
| 2015 | $4,641 | $358,100 | $0 | $358,100 |
| 2014 | $7,991 | $601,700 | $202,300 | $399,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Price Changed | $670,000 | -2.9% | $482 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $690,000 | +11.3% | $496 / Sq Ft |
| 04/27/2023 04/27/23 | Sold | $620,000 | -3.1% | $446 / Sq Ft |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $640,000 | +62.0% | $460 / Sq Ft |
| 11/07/2014 11/07/14 | Sold | $395,000 | +4.0% | $284 / Sq Ft |
| 09/18/2014 09/18/14 | Pending | -- | -- | -- |
| 09/10/2014 09/10/14 | For Sale | $379,900 | -- | $273 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $620,000 | None Available | |
| Deed | $395,000 | -- | |
| Deed | $345,000 | -- | |
| Deed | $290,000 | -- | |
| Deed | $598,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $589,000 | Purchase Money Mortgage | |
| Previous Owner | $340,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $316,000 | New Conventional | |
| Previous Owner | $276,000 | New Conventional | |
| Previous Owner | $232,000 | New Conventional | |
| Previous Owner | $443,500 | No Value Available | |
| Previous Owner | $442,500 | No Value Available | |
| Previous Owner | $260,000 | No Value Available | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $315,000 | No Value Available | |
| Previous Owner | $65,000 | No Value Available | |
| Previous Owner | $122,250 | No Value Available |
Source: Public Records
Similar Homes in Melrose, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73384348
APN: MELR-000007D-000000-000179-000003
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.
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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