NOT LISTED FOR SALE

Melrose Towers Condominium 53 Melrose St Unit 2G Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $365,285 - $374,000

1 Bed
1 Bath
755 Sq Ft
1961 Built

Last Sold June 08, 2015

Last sale price $172,500 $228 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,931/month

5 Days on Market

About This Home

As of June 2015

Bright & sunny condo w/southern exposure at desirable Melrose Towers. This well maintained unit has an open floor plan. Living room/dining room combo. Bedroom has new carpet. Updated kitchen, granite bath and central A.C. Complex has 2 pools - with sauna, tennis court, elevators, common laundry, additional basement storage and one deeded parking spot outside.Close to shopping area and public transportation, Ell Pond and parks. Showings Start at OH Sunday 12-1:30 pm.

Last Agent to Sell the Property

Kimberly Watson

Century 21 Sexton & Donohue License #448510694 Listed on: 04/22/2015

Last Buyer's Agent

Andrey Zahariev

New Home Real Estate, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$31

Year Built

1961

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1961

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet, Laminate
  • Interior Amenities: Intercom
  • Kitchen: Second Floor, 12X10
  • Living Room: Second Floor, 15X12
  • Master Bedroom: Second Floor, 14X13
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: Second Floor, 12X10

Exterior Features

  • Exterior: Stucco
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 2
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Condominium Name: Melrose Towers
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Extra Storage, Refuse Removal
  • Association Pool: Yes
  • Management: Professional - On Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 164
  • Unit Building: 2G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 11, 2015
Sold by
Catalogna Mark L and Catalogna Susan G
Bought by
Catalogna Kristine M
Seller's Agent
Kimberly Watson
Century 21 Sexton & Donohue
Buyer's Agent
Andrey Zahariev
New Home Real Estate, LLC
List Price
$170,000
Sold Price
$172,500
Premium/Discount to List
$2,500
1.47%
Current Estimated Value
$368,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,821
Avg. Annual Appreciation
7.57%
Original Mortgage
$167,325
Outstanding Balance
$128,994
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$239,328

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 8, 2015
Sold by
Paladino John F
Bought by
Rittmeyer Elena E
Seller's Agent
Kimberly Watson
Century 21 Sexton & Donohue
Buyer's Agent
Andrey Zahariev
New Home Real Estate, LLC
List Price
$170,000
Sold Price
$172,500
Premium/Discount to List
$2,500
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,325
Outstanding Balance
$128,994
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$239,328

Purchase Details

Listed on
Jan 23, 2013
Closed on
Mar 29, 2013
Sold by
Scharf Alissa
Bought by
Paladino John F
Seller's Agent
David Hayes
Coldwell Banker Realty - Lexington
Buyer's Agent
Kimberly Watson
Century 21 Sexton & Donohue
List Price
$167,500
Sold Price
$165,000
Premium/Discount to List
-$2,500
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$100,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Surinach Wendy M
Bought by
Scharf Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,375
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Alvarez Byron R and Alvarez Pauline L
Bought by
Surinach Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Whitford B Jean
Bought by
Alvarez Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1993
Sold by
Serpa Susan C
Bought by
Whitford B Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Catalogna Kristine M -- --
Rittmeyer Elena E $172,500 --
Paladino John F $165,000 --
Paladino John F $165,000 --
Scharf Alissa $202,250 --
Surinach Wendy M $172,000 --
Alvarez Byron $135,000 --
Whitford B Jean $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rittmeyer Elena E $167,325
Previous Owner Paladino John F $100,000
Previous Owner Scharf Alissa $30,375
Previous Owner Surinach Wendy M $163,400
Previous Owner Whitford B Jean $128,500
Closed Whitford B Jean $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2015 06/08/15 Sold $172,500 +1.5% $228 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $170,000 +3.0% $225 / Sq Ft
03/29/2013 03/29/13 Sold $165,000 -1.5% $219 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $167,500 -- $222 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $31 $310,500 $0 $310,500
2024 $2,998 $301,900 $0 $301,900
2023 $3,112 $298,700 $0 $298,700
2022 $3,031 $286,800 $0 $286,800
2021 $2,893 $264,200 $0 $264,200
2020 $2,919 $264,200 $0 $264,200
2019 $2,634 $243,700 $0 $243,700
2018 $2,316 $204,400 $0 $204,400
2017 $2,048 $173,600 $0 $173,600
2016 $2,138 $173,400 $0 $173,400
2015 $2,042 $157,600 $0 $157,600
2014 $1,976 $148,800 $0 $148,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kimberly Watson

    Century 21 Sexton & Donohue

  • A

    Buyer's Agent in 2015

    Andrey Zahariev

    New Home Real Estate, LLC

    (857) 222-7744

    24 Total Sales

    Andrey Zahariev
    Section Image
  • David Hayes

    Seller's Agent in 2013

    David Hayes

    Coldwell Banker Realty - Lexington

    (617) 817-1189

    90 Total Sales

    David Hayes
    Section Image
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About Melrose Towers Condominium

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71821596

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000073A-000002G

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

53 Melrose St Unit 2G, Melrose, MA

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