55 Russell St Unit 1 Melrose, MA 02176
Wyoming NeighborhoodEstimated Value: $1,090,000 - $1,224,454
            
                1
                Bed
            
            
            
                1
                Bath
            
            
            
                1,100
                Sq Ft
            
            
                
                    $1,045/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 55 Russell St Unit 1, Melrose, MA 02176 and is currently estimated at $1,149,614, approximately $1,045 per square foot. 55 Russell St Unit 1 is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Roosevelt Elementary School, and Winthrop Elementary School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 26, 2021
            
        
                Sold by
            
            
                Fazio David and Fazio Lauren M
            
        
                Bought by
            
            
                Smalley Munisha and Smalley Joshua
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $878,750
            
        
                Outstanding Balance
            
            
                $796,835
            
        
                Interest Rate
            
            
                3%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $352,779
            
        Purchase Details
                Closed on
            
            
                Jul 3, 2008
            
        
                Sold by
            
            
                Sacco Michael A and Sacco Robin L
            
        
                Bought by
            
            
                Fazio David and Izzicupo Lauren M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $388,000
            
        
                Interest Rate
            
            
                6.01%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                May 2, 2001
            
        
                Sold by
            
            
                Frankel Majorie B and Greenspun Regina R
            
        
                Bought by
            
            
                Sacco Michael A and Sacco Robin L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $316,000
            
        
                Interest Rate
            
            
                6.85%
            
        
                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 | 
|---|---|---|---|
| Smalley Munisha | $925,000 | None Available | |
| Fazio David | $485,000 | -- | |
| Sacco Michael A | $395,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Smalley Munisha | $878,750 | |
| Previous Owner | Sacco Michael A | $376,000 | |
| Previous Owner | Fazio David | $388,000 | |
| Previous Owner | Sacco Michael A | $316,000 | |
| Closed | Sacco Michael A | $59,000 | 
                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 | $95 | $963,100 | $471,800 | $491,300 | 
| 2024 | $9,167 | $923,200 | $457,900 | $465,300 | 
| 2023 | $9,029 | $866,500 | $416,300 | $450,200 | 
| 2022 | $8,525 | $806,500 | $416,300 | $390,200 | 
| 2021 | $7,995 | $730,100 | $388,500 | $341,600 | 
| 2020 | $7,562 | $684,300 | $346,900 | $337,400 | 
| 2019 | $6,997 | $647,300 | $320,500 | $326,800 | 
| 2018 | $6,884 | $607,600 | $291,400 | $316,200 | 
| 2017 | $6,680 | $566,100 | $277,500 | $288,600 | 
| 2016 | $6,498 | $527,000 | $270,600 | $256,400 | 
| 2015 | $6,359 | $490,700 | $235,900 | $254,800 | 
| 2014 | $5,830 | $439,000 | $208,100 | $230,900 | 
                Source: Public Records
                    
            
        Map
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