B
Seller's Agent in 2022
Brian Adams
Coldwell Banker Realty - Andovers/Readings Regional
51 Melrose St Unit 5G Melrose, MA 02176
Melrose Highlands Neighborhood
1
Bed
1
Bath
867
Sq Ft
$364/mo
HOA Fee
Highlights
- Indoor Pool
- Sauna
- Elevator
- Roosevelt Elementary School Rated A
- Tennis Courts
- Balcony
About This Home
As of June 2022Welcome 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
Coldwell Banker Realty - Andovers/Readings Regional Listed on: 05/25/2022
Last Buyer's Agent
Brian Adams
Coldwell Banker Realty - Andovers/Readings Regional 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
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%
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
$136,404
Avg. Annual Appreciation
4.42%
Original Mortgage
$274,150
Outstanding Balance
$230,810
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$195,647
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
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 |
|---|---|---|---|
| Not Resolvable | $301,000 | -- | |
| Deed | -- | -- | |
| Deed | $179,900 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,150 | New Conventional |
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
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
-
-
M
Seller's Agent in 2017
Mary Sexton
William Raveis R.E. & Home Services
-
Buyer's Agent in 2017
Judy Murray Magill
Realty One Group Nest
(978) 502-2268
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72987287
APN: MELR-000011C-000000-000073B-000005G
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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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