NOT LISTED FOR SALE

Melrose Towers Condominium 53 Melrose St Unit 5C Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $361,000 - $543,000

1 Bed
1 Bath
675 Sq Ft
$372/mo HOA Fee

Last Sold October 30, 2018

Last sale price $300,000 $444 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,667/month

5 Days on Market

About This Home

As of October 2018

Experience the changing seasons from your very own year-round balcony at Melrose Towers. Conveniently located close to downtown Melrose, bus and train lines and easy access to highways. The unit features an open floor plan with a combined dining and living area. Sunlight streams though the oversized sliding doors throughout the day and provides views of historic, colonial Melrose homes. The kitchen features stainless steel appliances and generous cabinetry. A spacious bedroom, full bathroom, central air conditioning and a deeded parking space, complete this fifth floor unit. Building amenities include an outdoor and indoor pool, tennis courts and a basketball court.

Last Agent to Sell the Property

Stephanie Rivkind

Coldwell Banker Realty - Boston Listed on: 09/12/2018

Coldwell Banker Realty - Boston

Last Buyer's Agent

Devallon Bolles

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31

Year Built

  • Built in 1961

HOA Fees

  • $372 per month

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Utilities

  • Central Air

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:C11 P:0073A5C

Property Details

Home Type

Condominium

Est. Annual Taxes

$31

Year Built

Built in 1961

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 407.41
  • Comp Based On: Net Sale Price
  • Year Built: 1961
  • Lead Paint: Unknown
  • Unit Building: 5C
  • Unit Level: 5
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1961

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 4
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 675.00

Exterior Features

  • Exterior: Stucco
  • Exterior Unit Features: Balcony
  • Pool Description: Inground, Indoor

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Electric
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Highway Access, Public School
  • HOA Fees: 371.53
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Melrose Towers

Lot Info

  • Assessments: 196300.00
  • Page: 244
  • Parcel Number: M:C11 P:0073A5C
  • Zoning: URC

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2224.00
  • Assessor Parcel Number: 658818

Multi Family

  • No Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 30, 2018
Sold by
Cowdrey Sarah
Bought by
Murphy Melissa A
Seller's Agent
Stephanie Rivkind
Coldwell Banker Realty - Boston
Buyer's Agent
Devallon Bolles
Leading Edge Real Estate
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Current Estimated Value
$420,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,955
Avg. Annual Appreciation
3.95%
Original Mortgage
$225,000
Outstanding Balance
$197,426
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$193,278

Purchase Details

Listed on
Jun 21, 2017
Closed on
Sep 1, 2017
Sold by
Yablonski Eric J
Bought by
Cowdrey Sarah
Seller's Agent
Melinda Puzon
MP Signature Realty LLC
Buyer's Agent
Stephanie Rivkind
Coldwell Banker Realty - Boston
List Price
$259,900
Sold Price
$262,000
Premium/Discount to List
$2,100
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$242,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2012
Closed on
Dec 17, 2012
Sold by
Fernandes Norma
Bought by
Yablonski Eric J
Seller's Agent
Frank Mead
Brad Hutchinson Real Estate
Buyer's Agent
Melinda Puzon
MP Signature Realty LLC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$110,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Walter Robert A
Bought by
Fernandes Norma

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
6.36%
Mortgage Type
Purchase Money Mortgage
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
Murphy Melissa A $300,000 --
Cowdrey Sarah $262,000 --
Yablonski Eric J $155,000 --
Fernandes Norma $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Melissa A $225,000
Previous Owner Cowdrey Sarah $242,000
Previous Owner Yablonski Eric J $110,000
Previous Owner Fernandes Norma $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $300,000 +9.1% $444 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $275,000 +5.0% $407 / Sq Ft
09/01/2017 09/01/17 Sold $262,000 +0.8% $388 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $259,900 +67.7% $385 / Sq Ft
12/17/2012 12/17/12 Sold $155,000 -2.5% $230 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/12/2012 10/12/12 Price Changed $159,000 -3.6% $236 / Sq Ft
09/13/2012 09/13/12 For Sale $165,000 -- $244 / 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 $312,000 $0 $312,000
2024 $3,013 $303,400 $0 $303,400
2023 $3,129 $300,300 $0 $300,300
2022 $3,051 $288,600 $0 $288,600
2021 $2,913 $266,000 $0 $266,000
2020 $2,939 $266,000 $0 $266,000
2019 $2,524 $233,500 $0 $233,500
2018 $2,224 $196,300 $0 $196,300
2017 $1,969 $166,900 $0 $166,900
2016 $2,086 $169,200 $0 $169,200
2015 $1,993 $153,800 $0 $153,800
2014 $1,930 $145,300 $0 $145,300
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Rivkind

    Seller's Agent in 2018

    Stephanie Rivkind

    Coldwell Banker Realty - Boston

    (617) 699-9823

    4 in this area

    89 Total Sales

    Stephanie Rivkind
    Section Image
  • Devallon Bolles

    Buyer's Agent in 2018

    Devallon Bolles

    Leading Edge Real Estate

    (781) 910-4105

    1 Total Sale

    Devallon Bolles
    Section Image
  • Melinda Puzon

    Seller's Agent in 2017

    Melinda Puzon

    MP Signature Realty LLC

    65 Total Sales

    Melinda Puzon
    Section Image

  • F

    Seller's Agent in 2012

    Frank Mead

    Brad Hutchinson Real Estate

    (617) 759-5050

    4 Total Sales

    Frank Mead
    Section Image
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About Melrose Towers Condominium

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72394004

MLS Property Information Network (MLS PIN)

APN: MELR-000011C-000000-000073A-000005C

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

53 Melrose St Unit 5C, Melrose, MA

This home is located at 53 Melrose St Unit 5C, Melrose, MA 02176 since 12 September 2018 and is currently estimated at $420,955, approximately $623 per square foot. This property was built in 1961. 53 Melrose St Unit 5C is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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