$563,000 - $624,000
RENTED JUN 19, 2025
2 Beds
1.5 Baths
1,454 Sq Ft
2.3 Acres

Last Sold September 23, 2021

Last sale price $490,000 $337 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,155/month

Highlights

  • Golf Course Community
  • 2-minute walk to Melrose Highlands
  • 99,999 Sq Ft lot
  • Roosevelt Elementary School Rated A
  • Medical Services
  • 4-minute walk to Warren Street Park

About This Home

As of June 2025

Available 8/1 - Furnished, Garage Parking, Commuter Rail - Undercliff Terrace condominiums is located in the Melrose Highlands, steps to the Commuter Rail for a quick ride to Boston and convenient for commuters to 93 and Rt 1. Contemporary updates carry the historical charm of this sprawling 2-bedroom corner unit penthouse condo into the present. An updated gourmet style kitchen with many cabinets, soap stone counters, and stainless-steel appliances, added in unit laundry, updated baths, and custom dressing room maintain the charm of the high ceilings, hardwood floor, and architectural designs. The included furnishings enhance the character of the entire space. The building is pet friendly and the rent includes heat and hot water and 1 car garage parking. You are steps from the Melrose Highlands commuter rail and just minutes to Boston, or you can commute via 93 or Rt 1. Come enjoy the charm that Melrose and this condo offer.

Last Agent to Rent the Property

Jamie Thompson

Thompson Realty Listed on: 05/13/2025

Last Renter's Agent

Joseph Cullinan

Thompson Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50

Year Built

  • 1910

Lot Details

  • 2.3

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,454 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Wood Flooring
  • Home Security System
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Patio
  • Near Conservation Area
  • No Cooling

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 8/1/25
  • Rent includes heat, hot water, gas, water, sewer, trash collection, snow removal, recreational facilities, gardener, furnishings (see remarks), laundry facilities, parking, security
  • 12 Month Lease Term
  • Assessor Parcel Number 4676705

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$50

Year Built

1910

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-08-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 3
  • CoOp Comp: 0
  • Special Features: VirtualTour
  • Year Built: 1910

Interior Features

  • Interior Amenities: Den, Bonus Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Area: 120
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 156
  • Bathroom 1 Area: 40
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 12
  • Room Dining Room Features: Coffered Ceiling(s), Flooring - Hardwood, French Doors, Beadboard, Crown Molding
  • Room Dining Room Level: First
  • Room Dining Room Area: 180
  • Room Kitchen Level: First
  • Room Kitchen Area: 216
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 238
  • Room Living Room Features: Coffered Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding, Vestibule
  • Above Grade Finished Sq Ft: 1454
  • Living Area: 1454
  • Spa YN: No
  • MAIN LO: B99777
  • LIST PRICE PER Sq Ft: 3.09
  • PRICE PER Sq Ft: 2.75
  • MAIN SO: B99777

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes

Utilities

  • Cooling Y N: No
  • Security Features: Security System

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Heat, Hot Water, Gas, Water, Sewer, Trash Collection, Snow Removal, Recreational Facilities, Gardener, Furnishings (See Remarks), Laundry Facilities, Parking, Security
  • Senior Community YN: No
  • UNIT BUILDING: 6

Lot Info

  • Parcel Number: 4676705
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Scarpaci Jarrett
Bought by
Panahi Oksana
Current Estimated Value
$600,871

Purchase Details

Closed on
Aug 22, 2022
Sold by
Pnahi Oksana
Bought by
Scarpaci Jarrett

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 17, 2021
Sold by
Obrien Alison
Bought by
Pnahi Oksana
Seller's Agent
Dave Ledwig
Gibson Sotheby's International Realty
Buyer's Agent
Anna Jackson
Curtis & Colletta Realty Associates
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 12, 2018
Sold by
Jalloul Samir and Chartier Taylor A
Bought by
Obrien Alison
Seller's Agent
Prestige Homes Realty Team
Prestige Homes Real Estate, LLC
Buyer's Agent
Dave Ledwig
Gibson Sotheby's International Realty
List Price
$399,900
Sold Price
$407,000
Premium/Discount to List
$7,100
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$325,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Norumbega Co Llc
Bought by
Chartier Taylor A and Jalloul Samir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2015
Sold by
P & P 2 T
Bought by
Norumbega Co Llc

Purchase Details

Closed on
Nov 5, 2008
Sold by
Aronov Arik
Bought by
P and Peselman Alex

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
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
569 Franklin St T and Morrissey Margaret M
Bought by
Aronov Arik
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
Panahi Oksana -- None Available
Scarpaci Jarrett -- None Available
Pnahi Oksana $490,000 None Available
Obrien Alison $407,000 --
Chartier Taylor A $330,000 --
Norumbega Co Llc $255,000 --
P $300,000 --
Aronov Arik $306,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Alison $325,600
Previous Owner Chartier Taylor A $313,500
Previous Owner P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2025 06/19/25 Rented $4,000 -11.1% --
05/13/2025 05/13/25 For Rent $4,500 0.0% --
09/23/2021 09/23/21 Sold $490,000 +2.1% $337 / Sq Ft View Prior Sale
08/10/2021 08/10/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $480,000 +17.9% $330 / Sq Ft
09/13/2018 09/13/18 Sold $407,000 +1.8% $295 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $399,900 -- $290 / 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 $50 $502,500 $0 $502,500
2024 $4,656 $468,900 $0 $468,900
2023 $4,756 $456,400 $0 $456,400
2022 $4,146 $392,200 $0 $392,200
2021 $4,166 $380,500 $0 $380,500
2020 $4,212 $381,200 $0 $381,200
2019 $3,731 $345,100 $0 $345,100
2018 $3,604 $318,100 $0 $318,100
2017 $3,755 $318,200 $0 $318,200
2016 $3,376 $273,800 $0 $273,800
2015 $3,548 $273,800 $0 $273,800
2014 $3,521 $265,100 $0 $265,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73373601

MLS Property Information Network (MLS PIN)

APN: MELR-000012B-000000-000053-000006