Melrose Towers Condominium 53 Melrose St Unit 5G Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $361,996 - $387,000
1
Bed
1
Bath
755
Sq Ft
$494/Sq Ft
Est. Value
About This Home
This home is located at 53 Melrose St Unit 5G, Melrose, MA 02176 and is currently estimated at $373,249, approximately $494 per square foot. 53 Melrose St Unit 5G 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
Oct 20, 1999
Sold by
Fnma
Bought by
Schaalman Douglas C
Current Estimated Value
Purchase Details
Closed on
Dec 18, 1998
Sold by
Schaalman Douglas C and Norwest Mtg Inc
Bought by
Norwest Mtg Inc
Purchase Details
Closed on
May 15, 1991
Sold by
Burnham Elaine A
Bought by
Schaalman Douglas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaalman Douglas C | $90,675 | -- | |
| Norwest Mtg Inc | $84,158 | -- | |
| Schaalman Douglas C | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schaalman Douglas C | $72,000 |
Source: Public Records
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 | $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 | $1,969 | $159,700 | $0 | $159,700 |
| 2015 | $1,882 | $145,200 | $0 | $145,200 |
| 2014 | $1,822 | $137,200 | $0 | $137,200 |
Source: Public Records
About Melrose Towers Condominium
Map
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