5 Walnut St Melrose, MA 02176
Oak Grove-Pine Banks NeighborhoodEstimated Value: $792,849 - $1,095,000
3
Beds
1.5
Baths
2,364
Sq Ft
$374/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Custom Closet System
- Lincoln Elementary School Rated A-
- Open Floorplan
- 3-minute walk to Lynde Park
About This Home
As of May 2023Tucked away on a downtown Melrose side street & just a short stroll to restaurants, shops & commuter train~~ this Colonial Style home, circa 1951, offers versatile space & a level rear yard. This 3 bed 1.5 bath residence has been lovingly maintained & cared for & offers well proportioned rooms with hardwood floor & welcoming expansive spaces for casual everyday easy living. A few of the features of this home are a family room with wood burning stove & a bonus lower level flex space. There is lovely detail throughout, abundant natural light, generous off street parking, low maintenance vinyl siding & abundant storage in the attic as well as the basement. All appliances included in sale. Walk score of 91 in super hot Melrose!!
Last Listed By
Nancy McLaughlin
Redfin Corp. Listed on: 03/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,713
Year Built
- Built in 1951
Lot Details
- 5,789 Sq Ft Lot
- Near Conservation Area
- Level Lot
Parking
- 1 Car Detached Garage
- Side Facing Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,364 Sq Ft Home
- Open Floorplan
- Light Fixtures
- Wood Burning Stove
- Bay Window
- Sliding Doors
- Dining Area
Kitchen
- Country Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Sump Pump
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Lincoln Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Electric Baseboard Heater
- Tankless Water Heater
- Oil Water Heater
Listing and Financial Details
- Assessor Parcel Number M:0C6 P:010102,4775003
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2023
Sold by
Falkenham Camille F and Falkenham Matthew J
Bought by
Walnut Grove Lt and Falkenham
Total Days on Market
10
Current Estimated Value
Purchase Details
Closed on
Jan 16, 2003
Sold by
Kealey Sean S and Sarbagallo Anita F
Bought by
Page Wiliam and Penfold Bonita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 1995
Sold by
Navon Lawrence P and Navon Simone R
Bought by
Kealey Sean S and Barbagallo Anita F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Melrose, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walnut Grove Lt | -- | None Available | |
| Page Wiliam | $357,500 | -- | |
| Kealey Sean S | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Falkenham Matthew | $580,000 | |
| Previous Owner | Weiser Rita | $293,000 | |
| Previous Owner | Page Wiliam | $321,750 | |
| Previous Owner | Weiser Rita | $152,000 | |
| Previous Owner | Weiser Rita | $70,500 | |
| Previous Owner | Weiser Rita | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $725,000 | -3.3% | $307 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/23/2023 03/23/23 | For Sale | $750,000 | -- | $317 / 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 | $67 | $680,200 | $422,200 | $258,000 |
| 2024 | $6,918 | $696,700 | $394,900 | $301,800 |
| 2023 | $6,713 | $644,200 | $367,700 | $276,500 |
| 2022 | $6,552 | $619,900 | $354,100 | $265,800 |
| 2021 | $6,504 | $594,000 | $340,500 | $253,500 |
| 2020 | $6,262 | $566,700 | $313,200 | $253,500 |
| 2019 | $5,750 | $531,900 | $299,600 | $232,300 |
| 2018 | $5,447 | $480,800 | $248,500 | $232,300 |
| 2017 | $5,344 | $452,900 | $238,300 | $214,600 |
| 2016 | $5,048 | $409,400 | $211,100 | $198,300 |
| 2015 | $4,856 | $374,700 | $211,100 | $163,600 |
| 2014 | $4,750 | $357,700 | $194,100 | $163,600 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2023
Nancy McLaughlin
Redfin Corp.
(781) 608-4847
-
Dena Jane Morgan
D
Buyer's Agent in 2023
Dena Jane Morgan
Coldwell Banker Realty - Norwell - Hanover Regional Office
(781) 789-0907
1 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73090665
APN: MELR-C6 0 101
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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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