NOT LISTED FOR SALE

Estimated Value: $1,232,000

6 Beds
3 Baths
3,211 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2024

Last sale price $1,210,000 $377 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,805 / mo

6 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Home Office
  • Lincoln Elementary School Rated A-
  • Solid Surface Countertops
  • 3-minute walk to Lynde Park

About This Home

As of June 2024

Rarely available in such a prime A+ location, this one of a kind home provides a unique opportunity to own your own residence in a side by side multi-family home. Lives like a Single family! Spacious & sun-filled 4 bed/2 bath unit w/ gleaming wood floors, Central A/C, in-unit laundry, 2 car garage + 2 driveway spots, private & fully fenced in back yard w/ patio & room to garden or play, solar energy, fabulous chef's kitchen, to name some of the features that make this the perfect oasis from the hustle & bustle of all that Melrose has to offer. As you live comfortably in one unit, the other generates income, blending personal enjoyment w financial benefit. Unit 2 (#54) is a perfect rental featuring 2 beds/1 bath, private laundry, extra storage, private outdoor space, 2 car parking in a separate driveway. Commuters will love this location as the Wyoming Hill commuter stop is .3 miles & Oak Grove is 1.4 miles. This location is gold w/its access to Boston & beyond! Offers Mon 2pm

Last Agent to Sell the Property

Stewart Silvestri

Gibson Sotheby's International Realty Listed on: 04/24/2024

Gibson Sotheby's International Realty

Last Buyer's Agent

Endri Angjeli

Arrive Real Estate

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 1900

Lot Details

  • 7,349 Sq Ft Lot
  • Fenced
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,211 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Storage
  • Washer
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Schools

  • Lincoln Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Patio
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,000
  • Rent includes unit 2(heat electric water hot water other (see remarks))
  • Assessor Parcel Number M:0C6 P:0000126,653870

Community Details

Overview

  • 2 Units
  • Near Conservation Area
  • Property has 3 Levels

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,057

Year Built

Built in 1900

Lot Details

7,349 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile, Vinyl, Stone/Ceramic Tile
  • Interior Amenities: Pantry, Storage, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Gas Dryer Hookup
  • Basement: Interior Entry, Unfinished
  • Living Area: 3211
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB5918
  • MAIN SO: AN3697

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Rent Includes: Unit 2(Heat,Electric,Water,Hot Water,Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0C6 P:0000126,653870
  • Zoning: URC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7349
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8057

Multi Family

  • Net Operating Income: 36000
  • Number Of Units Total: 2
  • Total Actual Rent: 3000
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Melrose
  • Elementary School: Lincoln
  • Middle Or Junior School: Melrose

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 12, 2024
Sold by
Sherpa Dechenla and Shrestha Binay
Bought by
Seller's Agent
Stewart Silvestri
Gibson Sotheby's International Realty
Buyer's Agent
Endri Angjeli
Arrive Real Estate
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%
Views
17
Current Estimated Value
$1,232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,000
Original Mortgage
$690,000
Outstanding Balance
$676,064
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2019
Sold by
Jean-Jacques Yvon
Bought by
Sherpa Dechenla and Shrestha Binay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2015
Sold by
Fielding Richard A and Fielding Linda A
Bought by
Constitution Propertie

Purchase Details

Closed on
Jul 2, 1993
Sold by
Waitt Marion
Bought by
Fielding Richard A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oak Grove-Pine Banks, MA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,210,000 None Available
Sherpa Dechenla $810,000 --
Constitution Propertie $400,000 --
Fielding Richard A $165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $690,000
Closed Sherpa Dechenla $242,600
Previous Owner Shrestha Binay $722,500
Closed Sherpa Dechenla $80,900
Previous Owner Sherpa Dechenla $80,900
Closed Sherpa Dechenla $648,000
Closed Fielding Richard A $50,000
Previous Owner Fielding Richard $50,000
Closed Fielding Richard A $240,000
Previous Owner Fielding Richard A $240,000
Previous Owner Fielding Richard A $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $1,210,000 +0.8% $377 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,200,000 -- $374 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $93 $935,600 $429,400 $506,200
2024 $8,057 $811,400 $401,700 $409,700
2023 $8,049 $772,500 $374,000 $398,500
2022 $7,880 $745,500 $360,200 $385,300
2021 $7,609 $704,100 $360,200 $343,900
2020 $7,428 $672,200 $332,500 $339,700
2019 $6,246 $577,800 $304,800 $273,000
2018 $5,855 $516,800 $252,800 $264,000
2017 $5,696 $482,700 $242,400 $240,300
2016 $5,193 $421,200 $207,800 $213,400
2015 $5,306 $409,400 $197,400 $212,000
2014 $4,936 $371,700 $180,100 $191,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73228423

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000126

Your Personal Tour Guide

Ask me questions while you tour the home.