NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,144,269

4 Beds
2 Baths
2,803 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $856,000 $305 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,802/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Horace Mann Elementary School Rated A-
  • Porch
  • Laundry Room

About This Home

As of June 2022

Quintessential Melrose Victorian boasting all its character and charm w/the bonus value of a two family home! This home greets you w/ a gorgeous oversized front porch perfect for summer nights! The first floor unit offers one bedroom,large living room, hardwood floors, high ceilings and period woodwork. The second & third floor unit has tons of space! Enter to a beautiful, spacious foyer w/plenty of storage & an impressive sunlit staircase. The oversized dining room with HW floors and classic woodwork flows into the large living room w/lots of natural light. Private porch off dining room is perfect for morning coffee and relaxing while overlooking private backyard. Kitchen, full bathroom & one bedroom complete second floor. Laundry for second floor unit perfectly placed outside kitchen with ample storage. Primary bedroom is on the third floor. Third bedroom offers additional walk though 4th bedroom complete w/more unfinished storage. Workshop in basement with walk out to backyard.

Last Agent to Sell the Property

Kim Perrotti

Leading Edge Real Estate Listed on: 05/18/2022

Leading Edge Real Estate

Co-Listed By

Lauren Maguire

Leading Edge Real Estate

Last Buyer's Agent

Adam Chen

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,273

Year Built

  • Built in 1880

Lot Details

  • 6,268 Sq Ft Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,803 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Mvmms Middle School
  • MHS High School

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,600
  • Rent includes unit 1(heat water), unit 2(heat electric gas water hot water)
  • Assessor Parcel Number M:E11 P:0000021,660126

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,599
  • Insurance Expense $2,025
  • Water Sewer Expense $1,894
  • Operating Expense $10,688
  • Net Operating Income $8,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,273

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Storage,Open Floor Plan), Unit 2(Ceiling Fans,Pantry,Storage,Walk-In Closet,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Dryer), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 2 Laundry Room
  • Basement: Full, Walk-Out Access
  • Living Area: 2803
  • Stories Total: 3
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 302.89
  • PRICE PER Sq Ft: 305.39
  • MAIN SO: AN6527

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas,Common), Unit 2(Hot Water Radiators,Gas,Common,Unit Control)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Electric,Gas,Water,Hot Water)

Fee Information

  • Water Sewer Expenses: 1894

Lot Info

  • Parcel Number: M:E11 P:0000021,660126
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6268
  • Lot Size Units: Acres
  • PAGE: 235

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8273
  • Tax Book Number: 63046

Multi Family

  • Electric Expense: 1599
  • Gross Income: 19200
  • Insurance Expense: 2025
  • Net Operating Income: 8512
  • Number Of Units Total: 2
  • Operating Expense: 10688
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Mhs
  • Middle Or Junior School: Mvmms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Dec 11, 2013
Sold by
Scimone Charles C and Scimone Margaret M
Bought by
Byler Steven M and Byler Christine N
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
James Byler
Coldwell Banker Realty - Northborough
List Price
$437,500
Sold Price
$437,500
Current Estimated Value
$1,049,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,705
Avg. Annual Appreciation
7.39%
Original Mortgage
$415,625
Outstanding Balance
$319,701
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$684,446

Purchase Details

Closed on
Dec 13, 2011
Sold by
Abouchleih Mohammad
Bought by
Luong Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2011
Sold by
Abouchleih Mohammad
Bought by
Diederich & Kim Ft

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,650
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2011
Sold by
Abouchleih Mohammad
Bought by
Beattie Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,650
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2010
Sold by
Baden Jerald
Bought by
Abouchleih Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Byler Steven M $437,500 --
Byler Steven M $437,500 --
Luong Phuong $264,000 --
Diederich & Kim Ft $364,000 --
Beattie Patrick $369,000 --
Abouchleih Mohammad $826,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byler Steven M $30,000
Open Byler Steven M $415,625
Closed Byler Steven M $415,625
Previous Owner Luong Phuong $211,200
Previous Owner Beattie Patrick $313,650
Previous Owner Abouchleih Mohammad $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $856,000 +0.8% $305 / Sq Ft
05/18/2022 05/18/22 For Sale $849,000 +94.1% $303 / Sq Ft
12/11/2013 12/11/13 Sold $437,500 0.0% $179 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $437,500 -- $179 / 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 $90 $909,600 $455,200 $454,400
2024 $8,645 $870,600 $442,200 $428,400
2023 $8,709 $835,800 $429,200 $406,600
2022 $8,273 $782,700 $390,200 $392,500
2021 $7,829 $715,000 $364,200 $350,800
2020 $7,849 $710,300 $364,200 $346,100
2019 $7,128 $659,400 $325,100 $334,300
2018 $6,822 $602,100 $279,600 $322,500
2017 $6,597 $559,100 $260,100 $299,000
2016 $6,457 $523,700 $260,100 $263,600
2015 $6,248 $482,100 $247,100 $235,000
2014 $6,259 $471,300 $221,100 $250,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983487

MLS Property Information Network (MLS PIN)

APN: MELR-000011E-000000-000021