NOT LISTED FOR SALE

Melrose Towers Condominium 53 Melrose St Unit 4F Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $447,000 - $487,000

2 Beds
1 Bath
1,080 Sq Ft
1961 Built

Sale Details

Date Sold: August 30, 2021

Last sale price $390,000 $361 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,023 / mo

40 Days on Market

Highlights

  • Clubhouse
  • Property is near public transit and schools
  • Tennis Courts
  • Roosevelt Elementary School Rated A-
  • Community Pool
  • Elevator

About This Home

As of August 2021

Welcome to Melrose Towers! Conveniently located close to bus, train, stores, schools and easy access to highways. The sun-filled unit features beautiful newly installed laminate flooring throughout, a fresh coat of paint, updated fully applianced kitchen with oak cabinets and granite counter tops. Super spacious living room and dinning area, sliders to huge balcony . Open floor plan. One deeded parking spot and one garage parking. The complex offers both indoor and outdoor pool, tennis courts. The elevators, roofs, and indoor pool have been updated recently. Large laundry room in lower level.

Last Agent to Sell the Property

Chris Yang

Keller Williams Realty Boston South West Listed on: 06/10/2021

Keller Williams Realty Boston South West

Last Buyer's Agent

Vasia Kalaras

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 1961

Lot Details

  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $521 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • Stone

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laminate Flooring
  • Security Gate

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Internet Available

Additional Features

  • Balcony
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:C11 P:0073A4F,658801

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
  • 164 Units
  • High-Rise Community

Amenities

  • Shops
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,823

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

HOA Fees

$521 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1961
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 1080
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: BB3351
  • MAIN SO: AC0959

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: 2+ Common Walls
  • Construction Materials: Stone
  • Fencing: Security
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Under, Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security Gate
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Tennis Court(s), Clubroom, Storage, Clubhouse
  • Association Fee: 521
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:C11 P:0073A4F,658801
  • Zoning: URC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3823

Multi Family

  • Number Of Units Total: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 30, 2021
Sold by
Chen Chun
Bought by
Karavoussianis Demi
Seller's Agent
Chris Yang
Keller Williams Realty Boston South West
Buyer's Agent
Vasia Kalaras
LAER Realty Partners
List Price
$398,800
Sold Price
$390,000
Premium/Discount to List
-$8,800
-2.21%
Current Estimated Value
$468,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,121
Avg. Annual Appreciation
4.06%
Original Mortgage
$290,000
Outstanding Balance
$259,819
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$208,302

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 22, 2017
Sold by
Corbett Susan and Corbett Donal
Bought by
Chen Chunbin
Seller's Agent
Carpenter and Roberts Hometeam
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Chris Yang
Keller Williams Realty Boston South West
List Price
$359,000
Sold Price
$339,700
Premium/Discount to List
-$19,300
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$220,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Dellarusso Sandra
Bought by
Corbett Donal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Karavoussianis Demi $390,000 None Available
Chen Chunbin $339,700 --
Corbett Donal $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karavoussianis Demi $290,000
Previous Owner Chen Chunbin $220,000
Previous Owner Corbett Donal $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $390,000 -2.2% $361 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $398,800 0.0% $369 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $398,800 +17.4% $369 / Sq Ft
11/22/2017 11/22/17 Sold $339,700 -2.9% $315 / Sq Ft View Prior Sale
10/05/2017 10/05/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $349,900 -2.5% $324 / Sq Ft
08/28/2017 08/28/17 For Sale $359,000 -- $332 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $41 $410,400 $0 $410,400
2024 $3,963 $399,100 $0 $399,100
2023 $4,113 $394,700 $0 $394,700
2022 $4,007 $379,100 $0 $379,100
2021 $3,823 $349,100 $0 $349,100
2020 $3,858 $349,100 $0 $349,100
2019 $3,481 $322,000 $0 $322,000
2018 $3,058 $269,900 $0 $269,900
2017 $2,832 $240,000 $0 $240,000
2016 $2,671 $216,600 $0 $216,600
2015 $2,553 $197,000 $0 $197,000
2014 $2,466 $185,700 $0 $185,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Yang

    Seller's Agent in 2021

    Chris Yang

    Keller Williams Realty Boston South West

    (781) 414-9550

    1 in this area

    266 Total Sales

    Chris Yang
    Section Image
  • Vasia Kalaras

    Buyer's Agent in 2021

    Vasia Kalaras

    Laer Realty

    (978) 239-5296

    1 in this area

    26 Total Sales

    Vasia Kalaras
    Section Image

  • C

    Seller's Agent in 2017

    Carpenter and Roberts Hometeam

    Berkshire Hathaway HomeServices Commonwealth Real Estate

See All Agents

About Melrose Towers Condominium

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72847174

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000073A-000004F

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

53 Melrose St Unit 4F, Melrose, MA

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