Seller's Agent in 2021
Leeman & Gately
Compass
(781) 844-5191
40 in this area
205 Total Sales
52 Spear St Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $786,000 - $816,464
2
Beds
1.5
Baths
1,334
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Colonial Architecture
- Winthrop Elementary School Rated A
- Custom Closet System
- 2-minute walk to Lebanon St Playground
About This Home
As of July 2021Charming Farmhouse Colonial with sunset views! Character & period details abound! The Inviting LR & DR offer high ceilings, HW flrs, crown moldings, beamed ceilings & great natural light! Upstairs holds 2 bdrms & a refreshed bath boasting black & white tile. This precious home offers the much needed versatile spaces; the room off the kitchen, currently used as an office, would also bode well as a FR... the sun porch, also nice space for working remotely or curling up with a book in the warmer weather... the lower lever, offering a fun small play rm/tv rm, is another possible in-home office & the kit could easily fit a small table. But the yard is the real surprise here; big for Melrose & fenced-in, wt. a bonus shed & huge space for gardens, the dog, firepit & barbeques! Have your morning coffee on the deck & the awesome new stone patio is perfect for entertaining & watching the sun go down at the end of day! Close to the bus, "T", Purple Line & Downtown Melrose! 7 Miles to Boston!
Co-Listed By
Lorraine Gately
Compass
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,192
Year Built
- Built in 1892
Lot Details
- 8,712 Sq Ft Lot
- Near Conservation Area
- Fenced
- Garden
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Farmhouse Style Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,334 Sq Ft Home
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Insulated Windows
- Bay Window
- Picture Window
- Window Screens
- French Doors
- Insulated Doors
- Home Office
- Play Room
- Sun or Florida Room
Kitchen
- Range
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Pedestal Sink
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Laundry in Basement
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Ask Super Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Oil
- Electric Baseboard Heater
- Heating System Uses Steam
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 655386
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2021
Closed on
Jul 1, 2021
Sold by
Gately Kelsey A and Gately John H
Bought by
Elliott Robin M and Elliott Michael W
Seller's Agent
Leeman & Gately
Compass
Buyer's Agent
Katherine Waters-Clark
Compass
List Price
$559,900
Sold Price
$651,250
Premium/Discount to List
$91,350
16.32%
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
$152,616
Avg. Annual Appreciation
3.85%
Original Mortgage
$502,400
Outstanding Balance
$458,804
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$304,379
Purchase Details
Closed on
Oct 28, 2020
Sold by
Gately John H
Bought by
Gately John H and Gately Kelsey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2016
Closed on
Apr 28, 2016
Sold by
Cochran Susan N
Bought by
Gately John H
Seller's Agent
Philip Smith
Gibson Sotheby's International Realty
Buyer's Agent
Lorraine Gately
Compass
List Price
$379,000
Sold Price
$425,000
Premium/Discount to List
$46,000
12.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$325,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 1980
Bought by
Cochran Susan N
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 |
|---|---|---|---|
| Elliott Robin M | $651,250 | None Available | |
| Gately John H | -- | None Available | |
| Gately John H | $425,000 | -- | |
| Cochran Susan N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elliott Robin M | $502,400 | |
| Previous Owner | Gately John H | $339,600 | |
| Previous Owner | Gately John H | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $651,250 | +16.3% | $488 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $559,900 | +31.7% | $420 / Sq Ft |
| 04/28/2016 04/28/16 | Sold | $425,000 | +12.1% | $386 / Sq Ft |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- |
| 03/09/2016 03/09/16 | For Sale | $379,000 | -- | $344 / 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 | $69 | $696,800 | $436,600 | $260,200 |
| 2024 | $6,585 | $663,100 | $408,400 | $254,700 |
| 2023 | $6,447 | $618,700 | $380,300 | $238,400 |
| 2022 | $6,325 | $598,400 | $366,200 | $232,200 |
| 2021 | $6,191 | $565,400 | $352,100 | $213,300 |
| 2020 | $5,937 | $537,300 | $323,900 | $213,400 |
| 2019 | $5,482 | $507,100 | $309,800 | $197,300 |
| 2018 | $5,147 | $454,300 | $257,000 | $197,300 |
| 2017 | $5,030 | $426,300 | $246,500 | $179,800 |
| 2016 | $4,568 | $370,500 | $218,300 | $152,200 |
| 2015 | $4,632 | $357,400 | $218,300 | $139,100 |
| 2014 | $4,513 | $339,800 | $200,700 | $139,100 |
Source: Public Records
Agents Affiliated with this Home
-
Leeman & Gately
-
L
Seller Co-Listing Agent in 2021
Lorraine Gately
Compass
-
Katherine Waters-Clark
Buyer's Agent in 2021
Katherine Waters-Clark
Compass
(781) 856-2728
1 in this area
62 Total Sales
-
Philip Smith
Seller's Agent in 2016
Philip Smith
Gibson Sotheby's International Realty
(617) 264-7900
2 in this area
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72819060
APN: MELR-000004E-000000-000089
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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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