NOT LISTED FOR SALE

55 Derby Rd Melrose, MA 02176

Oak Grove-Pine Banks Neighborhood

Estimated Value: $702,000 - $748,000

4 Beds
2 Baths
1,008 Sq Ft
$718/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $350,000 $347 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,844/month

52 Days on Market

About This Home

As of June 2014

Newly Listed! This long time family owned classic Cape home is just waiting for the new owner to move in and make it their own! Customize the floor plan to meet your needs. One of the first floor bedrooms could easily be converted to a dining room, office or TV room. Some of the features include hardwood floors throughout, updated heating, improved walkways, bright and sunny rooms and a level yard with a deck for outside fun and summer barbecues! This home is invaluable to the commuter with easy access to the Oak Grove T-station and the Commuter Rail. You will enjoy close proximity to schools, the Pine Bank Park and trendy downtown Melrose. This is a great opportunity to get an affordable home in the Melrose community! Don't miss out!

Last Agent to Sell the Property

Patricia Fitzgerald

Brad Hutchinson Real Estate Listed on: 05/02/2014

Last Buyer's Agent

Yuriko Tauro

Oyama Investments, Ltd.

Home Details

Home Type

Single Family

Est. Annual Taxes

$56

Year Built

1951

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Vinyl, Hardwood
  • Insulation: Full, Cellulose - Sprayed
  • Interior Amenities: Cable Available
  • Basement: Full, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 13X11
  • Bedroom 3: First Floor, 12X11
  • Bedroom 4: First Floor, 11X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 11X10
  • Laundry Room: Basement
  • Living Room: First Floor, 12X12
  • Master Bedroom: Second Floor, 13X12
  • Master Bedroom Description: Closet, Flooring - Hardwood

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck, Gutters, Screens
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 1
  • Hot Water: Oil, Tankless
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 24, 2014
Sold by
55 Derby Road Rt
Bought by
Kawakami Takuya and Kawakami Sayaka
Seller's Agent
Patricia Fitzgerald
Brad Hutchinson Real Estate
Buyer's Agent
Yuriko Tauro
Oyama Investments, Ltd.
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$724,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,105
Avg. Annual Appreciation
6.64%
Original Mortgage
$230,000
Outstanding Balance
$175,009
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$549,096

Purchase Details

Closed on
Oct 10, 2013
Sold by
Wood Irene
Bought by
55 Derby Road Rt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kawakami Takuya $350,000 --
55 Derby Road Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kawakami Takuya $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $350,000 0.0% $347 / Sq Ft
05/09/2014 05/09/14 Off Market $350,000 -- --
05/02/2014 05/02/14 For Sale $349,900 -- $347 / 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 $56 $568,700 $402,100 $166,600
2024 $5,331 $536,900 $376,200 $160,700
2023 $5,218 $500,800 $350,200 $150,600
2022 $4,917 $465,200 $319,500 $145,700
2021 $4,826 $440,700 $307,200 $133,500
2020 $4,598 $416,100 $282,600 $133,500
2019 $4,207 $389,200 $270,400 $118,800
2018 $3,887 $343,100 $224,300 $118,800
2017 $3,823 $324,000 $215,100 $108,900
2016 $3,631 $294,500 $190,500 $104,000
2015 $3,701 $285,600 $190,500 $95,100
2014 $3,588 $270,200 $175,100 $95,100
Source: Public Records

Agents Affiliated with this Home

  • Patricia Fitzgerald

    Seller's Agent in 2014

    Patricia Fitzgerald

    Brad Hutchinson Real Estate

    (781) 248-5055

    3 in this area

    66 Total Sales

    Patricia Fitzgerald
    Section Image

  • Y

    Buyer's Agent in 2014

    Yuriko Tauro

    Oyama Investments, Ltd.

    (857) 222-4465

    2 Total Sales

    Yuriko Tauro
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71674401

MLS Property Information Network (MLS PIN)

APN: MELR-000003B-000000-000068

Massachusetts Middlesex County Melrose 02176 Oak Grove-Pine Banks

55 Derby Rd, Melrose, MA

This home is located at 55 Derby Rd, Melrose, MA 02176 since 02 May 2014 and is currently estimated at $724,105, approximately $718 per square foot. This property was built in 1951. 55 Derby Rd is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Hoover 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.

Nearby Homes