NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,104,000

4 Beds
2 Baths
2,232 Sq Ft
4,792 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $660,000 $296 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,293/month

10 Days on Market

Highlights

  • Pond View
  • Wood Flooring
  • Heating System Uses Steam
  • Horace Mann Elementary School Rated A-

About This Home

As of September 2020

The perfect combination of privacy, space & convenience awaits in this four bedroom home in vibrant downtown Melrose. Entertaining possibilities are endless with recently updated kitchen, gleaming hardwood floors, spacious dining room, and large covered deck with views of Ell Pond flowing gracefully from the front living room. Two bedrooms also perfect for home office, guest, or game room complete this ethernet-wired level. Upstairs a stunning master suite with designer bathroom featuring clawfoot tub and double vanity offer privacy and style while an additional adjoining bedroom means plenty of space for growing families. Dedicated 2 car off-street parking and lovely rear yard make this the perfect location for those wanting suburban amenities as well as urban culture and convenience. Commute from nearby Wyoming or Cedar Park Stations and enjoy exploring the Middlesex Fells Reservation. Equidistant to Horace Mann Elementary, Melrose Middle and High Schools.

Last Agent to Sell the Property

Kara Spelman

Compass Listed on: 07/21/2020

Compass

Co-Listed By

Robert Ellington

Better Homes and Gardens Real Estate - The Shanahan Group

Last Buyer's Agent

Ryan Wilson

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73

Year Built

  • Built in 1925

Lot Details

  • 4,792

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Pond Views
  • Year Round Access
  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:0D9 P:00063-2

Property Details

Home Type

Condominium

Est. Annual Taxes

$73

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 291.22
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Third Floor, Dimension: 17X22, Bathroom - Full, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Third Floor, Dimension: 15X12, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 13X12, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 14X12, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 9X6, Bathroom - Full, Flooring - Stone/Ceramic Tile, Main Level
  • Bathroom 2: On Level: Third Floor, Dimension: 13X7, Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Double Vanity
  • No Rooms: 7
  • Dining Room: On Level: Second Floor, Dimension: 13X14, Flooring - Hardwood, Main Level, Open Floor Plan, Decorative Molding
  • Kitchen: On Level: Second Floor, Dimension: 13X12, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floor Plan, Stainless Steel Appliances
  • Laundry: On Level: Basement
  • Living Room: On Level: Second Floor, Dimension: 28X14, Closet, Flooring - Hardwood, Balcony - Exterior, Main Level
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN0122
  • Main So: BB5522
  • Estimated Sq Ft: 2232.00

Exterior Features

  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Stucco
  • Insulation Feature: Blown In
  • Exterior Unit Features: Porch - Enclosed, Covered Patio/Deck, Decorative Lighting

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Window AC
  • Heating: Hot Water Radiators, Steam, Gas
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area
  • HOA Fees: 225.00
  • Association Fee Includes: Master Insurance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Management: Owner Association

Schools

  • Elementary School: Check with town
  • Middle School: Vets Memorial
  • High School: Melrose HS

Lot Info

  • Assessments: 594000.00
  • Acre: 0.11
  • Lot Size: 4791.00
  • Page: 518
  • Parcel Number: M:0D9 P:00063-2
  • Zoning: URA

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6564.00
  • Assessor Parcel Number: 4899410

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 4, 2020
Sold by
Burke Michael J and Burke Jennifer
Bought by
Salomone Anthony and Salomone Cara
Seller's Agent
Kara Spelman
Compass
Buyer's Agent
Ryan Wilson
Keller Williams Realty
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
$972,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,246
Avg. Annual Appreciation
6.53%
Original Mortgage
$528,000
Outstanding Balance
$471,523
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$432,874

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jan 31, 2018
Sold by
Brian Darryl E
Bought by
Burke Michael J and Burke Jennifer
Seller's Agent
Janet Aguilar
Leading Edge Real Estate
Buyer's Agent
Kara Spelman
Compass
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$499,999
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 16, 2016
Sold by
Suech Danielle
Bought by
Dire Darryl B
Seller's Agent
Janet Aguilar
Leading Edge Real Estate
Buyer's Agent
Monte Marrocco
Coldwell Banker Realty - Lexington
List Price
$549,900
Sold Price
$552,000
Premium/Discount to List
$2,100
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$535,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2013
Sold by
Blanchard Donald R and Blanchard Janice
Bought by
Suech Danielle
Source: Public Records

Range of Values:

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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
Salomone Anthony $660,000 None Available
Burke Michael J $625,000 --
Dire Darryl B $552,000 --
Suech Danielle $378,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomone Anthony $528,000
Previous Owner Burke Michael J $41,478
Previous Owner Burke Michael J $499,999
Previous Owner Brian Darryl B $100,000
Previous Owner Dire Darryl B $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $660,000 +1.5% $296 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $650,000 -3.7% $291 / Sq Ft
07/21/2020 07/21/20 For Sale $675,000 +8.0% $302 / Sq Ft
01/31/2018 01/31/18 Sold $625,000 +4.2% $280 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $599,900 +8.7% $269 / Sq Ft
05/16/2016 05/16/16 Sold $552,000 +10.4% $247 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $499,900 -9.1% $224 / Sq Ft
02/23/2016 02/23/16 For Sale $549,900 -- $246 / 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 $73 $733,900 $0 $733,900
2024 $6,806 $685,400 $0 $685,400
2023 $6,943 $666,300 $0 $666,300
2022 $6,760 $639,500 $0 $639,500
2021 $6,215 $567,600 $0 $567,600
2020 $6,564 $594,000 $0 $594,000
2019 $6,294 $582,200 $0 $582,200
2018 $6,076 $536,300 $0 $536,300
2017 $6,103 $517,200 $0 $517,200
2016 $4,774 $387,200 $0 $387,200
2015 $4,796 $370,100 $0 $370,100
2014 $4,750 $357,700 $0 $357,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72694617

MLS Property Information Network (MLS PIN)

APN: MELR-000009D-000000-000063-000002