NOT LISTED FOR SALE

521-529 Franklin St Melrose, MA 02176

Melrose Highlands Neighborhood
3 Beds
3 Baths
5,280 Sq Ft
4,792 Sq Ft Lot

About This Home

This home is located at 521-529 Franklin St, Melrose, MA 02176. 521-529 Franklin St is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
521 Franklin St Llc
Bought by
521-529 Franklin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,297,885
Outstanding Balance
$10,125,240
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2022
Sold by
Cambridge West 1 Llc
Bought by
521 Franklin St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2015
Sold by
Corinthian Outreach Ll
Bought by
Cambridge West 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2013
Sold by
Longmuir Stephen A
Bought by
Corinthian Outreach Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2008
Sold by
Ragucci Ft and Guthro
Bought by
Longmuir Stephen A
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
521-529 Franklin Llc $3,100,000 None Available
521 Franklin St Llc $1,600,000 None Available
Cambridge West 1 Llc $1,170,000 --
Corinthian Outreach Ll $900,000 --
Corinthian Outreach Ll $900,000 --
Longmuir Stephen A $735,000 --
Longmuir Stephen A $735,000 --
Longmuir Stephen $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 521-529 Franklin Llc $10,297,885
Previous Owner 521 Franklin St Llc $1,650,000
Previous Owner Cambridge West 1 Llc $720,000
Previous Owner Corinthian Outreach Ll $630,000
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 $256 $1,444,000 $519,500 $924,500
2024 $24,645 $1,391,600 $496,900 $894,700
2023 $23,523 $1,298,200 $463,000 $835,200
2022 $22,337 $1,238,900 $423,500 $815,400
2021 $22,071 $1,180,900 $395,300 $785,600
2020 $24,013 $1,292,400 $395,300 $897,100
2019 $20,727 $1,101,900 $367,000 $734,900
2018 $18,466 $953,800 $355,700 $598,100
2017 $17,370 $936,900 $338,800 $598,100
2016 $13,696 $729,300 $239,400 $489,900
2015 $13,629 $721,100 $231,200 $489,900
2014 $13,348 $721,100 $231,200 $489,900
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

521-529 Franklin St, Melrose, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.