NOT LISTED FOR SALE

569 Franklin St Unit 4 Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $553,000 - $612,000

3 Beds
1 Bath
1,378 Sq Ft
1910 Built

Last Sold August 12, 2022

Last sale price $489,900 $356 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,036/month

24 Days on Market

Highlights

  • Cathedral Ceiling
  • 2-minute walk to Melrose Highlands
  • 1 Fireplace
  • Roosevelt Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Warren Street Park

About This Home

As of August 2022

Wow, look at all that is included in the fee, for a 3 bdrm in downtown Melrose with deeded garage parking. Situated approx 7 miles north of Boston., character abounds in this bright, front, corner, unit. The flexible floor plan allows for great entertaining. Beautiful HW floors throughout. The kitchen features stainless steel appliances, most of which are Brand New. The Formal Living Room features a Coffered Ceiling, Bow Window and Intricately Detailed, Ornamental Fireplace. The Dining Room is currently being used as an office. The Large Master Bedroom has a Coffered Ceiling and Walk-In Closet. Additional Cheerful Sunroom off of the third bedroom that could be used a number of ways. This lovely unit is situated in the heart of everything you could need or want. Short walk to Melrose Highlands Commuter Rail and numerous retailers etc. Laundry in building. Ask about extra parking options in Municipal lot across the street.

Last Agent to Sell the Property

Michele Meadows

Keller Williams Realty Evolution Listed on: 06/15/2022

Keller Williams Realty Evolution

Last Buyer's Agent

Amy Frizzi

Ivy Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1910

Parking

  • 1 Car Detached Garage
  • Deeded Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • 1 Fireplace
  • Bay Window
  • Entrance Foyer
  • Sun or Florida Room

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 4593564

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 19 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,488

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Entrance Foyer, Sun Room
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Crown Molding
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Crown Molding
  • Room Bedroom3 Area: 144
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Coffered Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Crown Molding
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 168
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Crown Molding
  • Room Dining Room Level: First
  • Room Dining Room Area: 126
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 126
  • Room Living Room Level: First
  • Room Living Room Area: 252
  • Room Living Room Features: Cathedral Ceiling(s), Coffered Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding
  • Living Area: 1378
  • Stories Total: 1
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 355.52
  • PRICE PER Sq Ft: 355.52
  • MAIN SO: AN4225

Exterior Features

  • Common Walls: Corner
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Deeded

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Storage
  • Association Fee: 664.16
  • Association YN: Yes
  • UNIT BUILDING: 4

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 4593564
  • Zoning: URC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 112
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4488.02
  • Tax Book Number: 164

Multi Family

  • Number Of Units Total: 19
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 11, 2022
Sold by
Katz Benjamin
Bought by
Barret Patricia M
Seller's Agent
Michele Meadows
Keller Williams Realty Evolution
Buyer's Agent
Amy Frizzi
Ivy Realty Group
List Price
$499,900
Sold Price
$489,900
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$578,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,276
Avg. Annual Appreciation
5.31%
Original Mortgage
$465,405
Outstanding Balance
$445,614
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,562

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 21, 2022
Sold by
D & J Rt
Bought by
Katz Benjamin
Seller's Agent
Joetta Silva
Silva Realty Assoc.
Buyer's Agent
Michele Meadows
Keller Williams Realty Evolution
List Price
$499,900
Sold Price
$469,000
Premium/Discount to List
-$30,900
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$422,100
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 25, 2016
Sold by
Flynn Martha T
Bought by
T D
Seller's Agent
Nancy McLaughlin
Redfin Corp.
Buyer's Agent
Joetta Silva
Silva Realty Assoc.
List Price
$359,900
Sold Price
$349,900
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$250,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
24 Langdon Street T and Morrissey Margaret M
Bought by
Flynn Martha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Barret Patricia M $489,900 None Available
Katz Benjamin $469,000 None Available
T D $349,900 --
Flynn Martha T $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barret Patricia M $465,405
Previous Owner Katz Benjamin $422,100
Previous Owner T D $250,000
Previous Owner Flynn Martha T $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $489,900 0.0% $356 / Sq Ft
07/27/2022 07/27/22 Off Market $489,900 -- --
07/10/2022 07/10/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $489,900 -2.0% $356 / Sq Ft
07/09/2022 07/09/22 For Sale $499,900 0.0% $363 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $499,900 +6.6% $363 / Sq Ft
01/21/2022 01/21/22 Sold $469,000 -6.2% $340 / Sq Ft View Prior Sale
12/16/2021 12/16/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $499,900 0.0% $363 / Sq Ft
11/06/2016 11/06/16 Rented $2,400 0.0% --
11/05/2016 11/05/16 Under Contract -- -- --
09/27/2016 09/27/16 Price Changed $2,400 -4.0% $2 / Sq Ft
09/07/2016 09/07/16 Price Changed $2,500 -12.3% $2 / Sq Ft
09/06/2016 09/06/16 For Rent $2,850 0.0% --
08/26/2016 08/26/16 Sold $349,900 -2.8% $254 / Sq Ft View Prior Sale
07/05/2016 07/05/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $359,900 -- $261 / 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 $47 $474,700 $0 $474,700
2024 $4,662 $469,500 $0 $469,500
2023 $4,930 $473,100 $0 $473,100
2022 $4,488 $424,600 $0 $424,600
2021 $4,517 $412,500 $0 $412,500
2020 $4,566 $413,200 $0 $413,200
2019 $4,056 $375,200 $0 $375,200
2018 $3,934 $347,200 $0 $347,200
2017 $4,105 $347,900 $0 $347,900
2016 $3,706 $300,600 $0 $300,600
2015 $3,896 $300,600 $0 $300,600
2014 $3,872 $291,600 $0 $291,600
Source: Public Records

Agents Affiliated with this Home

  • Michele Meadows

    Seller's Agent in 2022

    Michele Meadows

    Keller Williams Realty Evolution

    (617) 968-1884

    2 in this area

    14 Total Sales

    Michele Meadows
    Section Image
  • Joetta Silva

    Seller's Agent in 2022

    Joetta Silva

    Silva Realty Assoc.

    (781) 820-8133

    1 in this area

    6 Total Sales

    Joetta Silva
    Section Image

  • A

    Buyer's Agent in 2022

    Amy Frizzi

    Ivy Realty Group

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72998057

MLS Property Information Network (MLS PIN)

APN: MELR-000012B-000000-000053-000004

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

569 Franklin St Unit 4, Melrose, MA

This home is located at 569 Franklin St Unit 4, Melrose, MA 02176 since 15 June 2022 and is currently estimated at $578,176, approximately $419 per square foot. This property was built in 1910. 569 Franklin St Unit 4 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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