481 Lebanon St Unit 3 Melrose, MA 02176
Melrose East Side Neighborhood
3
Beds
2
Baths
1,390
Sq Ft
$377/mo
HOA Fee
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit
- Winthrop Elementary School Rated A
- Open Floorplan
- Wood Flooring
About This Home
As of April 2023Fantastic opportunity to get into Melrose. This beautifully updated and maintained condo occupying the 2nd and 3rd floor, close to a vibrant downtown with numerous commuter options, is sure to impress. Gorgeous gourmet kitchen with shaker cabinets, breakfast bar, SS appliances, including a wine fridge, granite counters and tiled backsplash open to a large living/dining area, perfect for entertaining. Two bedrooms and a full tiled bath on this level allow for a flexible floor plan if a home office is needed. Head upstairs to the Master Suite with a walk-in closet and another full tiled bath. Washer/Dryer complete this level. Bamboo hardwood floors throughout except for the tiled kitchen and baths. Additional storage space in the basement. This unit has high ceilings, central air, lots of natural light, 2 assigned parking spaces and a Garage! Common area includes a large fenced yard and patio.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/09/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,569
Year Built
- Built in 1930
Lot Details
- Near Conservation Area
- Security Fence
- Stone Wall
HOA Fees
- $377 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Open Parking
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Home Design
- Frame Construction
- Shingle 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
- Basement
- 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
- Washer and Dryer
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Veterans Mem 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
- 150 Amp Service
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 07 0 1793,654900
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 4 Units
- 481 483 Lebanon Street Condominiums Community
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2023
Closed on
Apr 27, 2023
Sold by
Cadogan Julie A
Bought by
Roy Akshay P and Sridhar Shravanthi
Seller's Agent
Dorothy Goodwin
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Andersen Group Realty
Keller Williams Realty Boston Northwest
List Price
$640,000
Sold Price
$620,000
Premium/Discount to List
-$20,000
-3.12%
Views
168
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$589,000
Outstanding Balance
$574,447
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,328
Purchase Details
Listed on
Sep 10, 2014
Closed on
Nov 7, 2014
Sold by
Vo Dao and Vo Thuy-Anh H
Bought by
Cadogan Julie A
Seller's Agent
Deborah Chandler
Leading Edge Real Estate
Buyer's Agent
Deborah Chandler
Leading Edge Real Estate
List Price
$379,900
Sold Price
$395,000
Premium/Discount to List
$15,100
3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$316,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2014
Sold by
Vo Dao and Vo Thuy Anh H
Bought by
Ebert Kevin and Pessinis Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2014
Sold by
Vo Dao and Vo Thuy Anh
Bought by
Desai Siddharth and Desai Manmeet K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2005
Sold by
481-483 Lebanon St Rt
Bought by
Vo Dao and Vo Thuy-Anh H
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
5.72%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Melrose, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Andersen Group Realty
Seller's Agent in 2025
Andersen Group Realty
Keller Williams Realty Boston Northwest
(781) 729-2329
5 in this area
571 Total Sales
-
Dorothy Goodwin
Seller's Agent in 2023
Dorothy Goodwin
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 548-5357
1 in this area
36 Total Sales
-
D
Seller's Agent in 2014
Deborah Chandler
Leading Edge Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73086111
APN: MELR-000007D-000000-000179-000003
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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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