Seller's Agent in 2019
Sean Page
Signature Page Real Estate, LLC
(978) 852-9456
1 in this area
80 Total Sales
5 S Mountain Ave Melrose, MA 02176
Oak Grove-Pine Banks NeighborhoodEstimated Value: $683,000 - $718,000
3
Beds
2
Baths
1,140
Sq Ft
$616/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Wet Bar
- Lincoln Elementary School Rated A-
- Porch
- 2-minute walk to High Rock Memorial Park
About This Home
As of June 2019A house in Melrose priced under $450,000! Incredible opportunity awaits the next owner of this charming Cape style home, offering 3beds & 2bathrooms. Interior boasts hardwood floors throughout both levels, a fluid 1st floor plan great for entertaining and your own comfort, and a delightful KIT offering a wet bar & an abundance of cabinetry. First floor is overflowing with natural sun light, as well as recessed lighting for night-time. Oversized rear deck tremendous for entertaining. One car garage underneath. Systems clean and bones are strong. With a little love on the outside, you'll inherit instant equity. Truly a great investment for equity seeking buyers. Open House Friday 5/10 & Saturday 5/11. Offer deadline extended to Monday 5/13/2019 @ 1pm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61
Year Built
- Built in 1930
Lot Details
- Property is zoned R1
Parking
- 1 Car Garage
Interior Spaces
- Wet Bar
- Wired For Sound
- Wood Flooring
- Basement
Kitchen
- Built-In Oven
- Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Jun 3, 2019
Sold by
Druce Douglas and Druce Deborah
Bought by
Koerten Alexandra A and Pierce Nathan
Seller's Agent
Sean Page
Signature Page Real Estate, LLC
Buyer's Agent
Alexandra Joyce
William Raveis R.E. & Home Services
List Price
$449,900
Sold Price
$455,000
Premium/Discount to List
$5,100
1.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,534
Avg. Annual Appreciation
7.16%
Original Mortgage
$425,000
Outstanding Balance
$373,679
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$328,855
Purchase Details
Closed on
Sep 25, 2003
Sold by
Shippee Anne F
Bought by
Druce Deborah and Druce Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 1992
Sold by
Weissbecker Frank J
Bought by
Shippee Charles W and Shippee Anne F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koerten Alexandra A | $455,000 | -- | |
| Druce Deborah | $357,500 | -- | |
| Shippee Charles W | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koerten Alexandra A | $425,000 | |
| Previous Owner | Druce Deborah | $286,000 | |
| Previous Owner | Shippee Charles W | $60,000 | |
| Previous Owner | Shippee Charles W | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2019 06/17/19 | Sold | $455,000 | +1.1% | $399 / Sq Ft |
| 05/15/2019 05/15/19 | Pending | -- | -- | -- |
| 05/08/2019 05/08/19 | For Sale | $449,900 | -- | $395 / 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 | $61 | $618,500 | $415,300 | $203,200 |
| 2024 | $5,810 | $585,100 | $388,500 | $196,600 |
| 2023 | $5,684 | $545,500 | $361,700 | $183,800 |
| 2022 | $5,566 | $526,600 | $348,300 | $178,300 |
| 2021 | $5,426 | $495,500 | $335,000 | $160,500 |
| 2020 | $5,178 | $468,600 | $308,200 | $160,400 |
| 2019 | $4,923 | $455,400 | $294,800 | $160,600 |
| 2018 | $4,590 | $405,100 | $244,500 | $160,600 |
| 2017 | $4,516 | $382,700 | $234,500 | $148,200 |
| 2016 | $4,446 | $360,600 | $207,700 | $152,900 |
| 2015 | $4,445 | $343,000 | $207,700 | $135,300 |
| 2014 | $4,332 | $326,200 | $190,900 | $135,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Page
-
Alexandra Joyce
Buyer's Agent in 2019
Alexandra Joyce
William Raveis R.E. & Home Services
(617) 842-0944
1 in this area
171 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72496563
APN: MELR-000002E-000000-000041
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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