51 School St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $1,166,000 - $1,259,000
3
Beds
3
Baths
2,820
Sq Ft
$426/Sq Ft
Est. Value
About This Home
This home is located at 51 School St, Melrose, MA 02176 and is currently estimated at $1,200,969, approximately $425 per square foot. 51 School St is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Horace Mann Elementary School, and Hoover Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2024
Sold by
Brown James R and Brown Joanne S
Bought by
School Street Irt and Brown
Current Estimated Value
Purchase Details
Closed on
Oct 1, 1999
Sold by
Macdonald Elaine M
Bought by
Brown James R and Brown Joanne S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.85%
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 |
|---|---|---|---|
| School Street Irt | -- | None Available | |
| School Street Irt | -- | None Available | |
| Brown James R | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brown James R | $100,000 | |
| Previous Owner | Brown James R | $195,000 | |
| Previous Owner | Brown James R | $85,000 |
Source: Public Records
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 | $95 | $957,900 | $522,500 | $435,400 |
| 2024 | $9,512 | $957,900 | $522,500 | $435,400 |
| 2023 | $8,988 | $862,600 | $466,000 | $396,600 |
| 2022 | $8,208 | $776,500 | $394,000 | $382,500 |
| 2021 | $7,812 | $713,400 | $355,900 | $357,500 |
| 2020 | $7,880 | $713,100 | $355,800 | $357,300 |
| 2019 | $7,077 | $654,700 | $321,500 | $333,200 |
| 2018 | $7,087 | $625,500 | $292,300 | $333,200 |
| 2017 | $6,802 | $576,400 | $279,600 | $296,800 |
| 2016 | $6,354 | $515,300 | $266,900 | $248,400 |
| 2015 | $6,392 | $493,200 | $254,200 | $239,000 |
| 2014 | $6,381 | $480,500 | $241,500 | $239,000 |
Source: Public Records
Map
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