NOT LISTED FOR SALE

51 Melrose St Unit 5G Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $422,455 - $435,000

1 Bed
1 Bath
867 Sq Ft
$496/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $375,000 $433 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,775/month

8 Days on Market

Highlights

  • Indoor Pool
  • Sauna
  • Elevator
  • Roosevelt Elementary School Rated A
  • Tennis Courts
  • Balcony

About This Home

As of June 2022

Welcome to Melrose Towers! This bright and sunny fifth-floor unit is made for easy living. The one-bedroom unit features an open living room/dining room area, leading onto a private balcony. Adding to your comfort and convenience are an in-unit washer and dryer and central air conditioning. The unit also comes with two parking spaces, one in the garage and one outdoors. Enjoy the indoor pool, outdoor pool, and multiple common areas. The complex is next to Whole Foods and the Towers Plaza Shopping Center. Walkable to commuter rail (under 1/2 mile) and short drive to MBTA Orange Line (Oak Grove). Bus stop outside complex walls services Oak Grove.

Last Agent to Sell the Property

Brian Adams

Listed on: 05/25/2022

Last Buyer's Agent

Brian Adams

Listed on: 05/25/2022

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1972

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Door Monitored By TV

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • 1 Cooling Zone
  • 2 Heating Zones
  • Electric Baseboard Heater
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 658858

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 164 Units
  • Mid-Rise Condominium

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Co-Op

Est. Annual Taxes

$3,349

Year Built

Built in 1972

Lot Details

0

HOA Fees

$364 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Structure Type: Mid-Rise
  • Year Built: 1972
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Refrigerator, Tank Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Area: 192
  • Bathroom 1 Features: Bathroom - Full
  • Room Kitchen Area: 110
  • Room Living Room Area: 299
  • Living Area: 867
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 426.64
  • PRICE PER Sq Ft: 432.53
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Pool Features: Association, In Ground, Indoor
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Tennis Court(s), Sauna/Steam
  • Association Fee: 364
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 5G
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 658858
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 382

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3349
  • Tax Book Number: 69599

Multi Family

  • Number Of Units Total: 164
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 14, 2017
Sold by
Blanche L King Ret
Bought by
Aceto Katherine
Seller's Agent
Mary Sexton
William Raveis R.E. & Home Services
Buyer's Agent
Judy Murray Magill
Realty One Group Nest
List Price
$289,900
Sold Price
$301,000
Premium/Discount to List
$11,100
3.83%
Total Days on Market
8
Current Estimated Value
$430,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,114
Avg. Annual Appreciation
4.26%
Original Mortgage
$274,150
Outstanding Balance
$230,810
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$187,390

Purchase Details

Closed on
Jul 26, 2012
Sold by
King Blanche L
Bought by
Blanche L King Ret

Purchase Details

Closed on
Jan 31, 2002
Sold by
Mahoney Maureen T
Bought by
King Blanche L

Purchase Details

Closed on
Jan 15, 1997
Sold by
Driscoll Frederick F
Bought by
Mahoney Maureen T
Source: Public Records

Range of Values:

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Average Value
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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
Aceto Katherine $301,000 --
Blanche L King Ret -- --
King Blanche L $179,900 --
Mahoney Maureen T $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceto Katherine $274,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $375,000 +1.4% $433 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $369,900 +22.9% $427 / Sq Ft
07/14/2017 07/14/17 Sold $301,000 +3.8% $347 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $289,900 -- $334 / 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 $38 $385,600 $0 $385,600
2024 $3,722 $374,800 $0 $374,800
2023 $3,440 $330,100 $0 $330,100
2022 $3,353 $317,200 $0 $317,200
2021 $3,349 $305,800 $0 $305,800
2020 $3,379 $305,800 $0 $305,800
2019 $3,052 $282,300 $0 $282,300
2018 $2,685 $237,000 $0 $237,000
2017 $2,377 $201,400 $0 $201,400
2016 $2,348 $190,400 $0 $190,400
2015 $2,243 $173,100 $0 $173,100
2014 $2,173 $163,600 $0 $163,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brian Adams

    (781) 888-2778

    1 in this area

    8 Total Sales

    Brian Adams
    Section Image
  • Mary Sexton

    Seller's Agent in 2017

    Mary Sexton

    William Raveis R.E. & Home Services

    (800) 886-5478

    Section Image
  • Judy Murray Magill

    Buyer's Agent in 2017

    Judy Murray Magill

    Realty One Group Nest

    (978) 502-2268

    34 Total Sales

    Judy Murray Magill
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72987287

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000073B-000005G

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

51 Melrose St Unit 5G, Melrose, MA

This home is located at 51 Melrose St Unit 5G, Melrose, MA 02176 since 25 May 2022 and is currently estimated at $430,114, approximately $496 per square foot. This property was built in 1972. 51 Melrose St Unit 5G is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

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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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