585 Franklin St Unit 1 Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $607,000 - $627,000
3
Beds
2
Baths
1,432
Sq Ft
$660/mo
HOA Fee
Highlights
- Marble Flooring
- 3-minute walk to Melrose Highlands
- Heating System Uses Steam
- Roosevelt Elementary School Rated A
About This Home
As of July 2019"An ideal place in which to have grown up, close to fields and woods where we hiked and picnicked, and near to Boston" Elizabeth George Speare. Charming, rich Italianate architecture, 2 blocks from the Commuter Rail. 2 off-street parking. Desirable Melrose Highlands neighborhood w well rated school system. All granite/stainless. Condo fee includes heat, hot water and more. Pet friendly. First floor. Bay windows, ornate trim, crown molding, coffered ceilings. New roof in '13, new plumbing in '17, new electrical in '18, new boiler in '19. Newly refinished hardwood floors in '18. New fridge and W/D in '18. New paint throughout in '18. Quality custom shades throughout. Decorative fireplace. Gas cooking. Spacious master bed w en suite. Sunny, enclosed 3 season porch. In-unit laundry. One block away from various restaurants. Verdant, shared outdoor space. Extra storage in bright, friendly basement. High owner occupancy rate. No viewings until Open House on Sun. 5/5.All offers due 5/7 at 12pm
Last Agent to Sell the Property
Edson Dias
Joman Realty Listed on: 04/28/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $51
Year Built
- Built in 1910
Lot Details
- Year Round Access
HOA Fees
- $660 per month
Kitchen
- Range with Range Hood
- Freezer
- Dishwasher
Flooring
- Wood
- Marble
- Tile
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
- Cable TV Available
Additional Features
- Basement
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:B12 P:053-851
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2019
Closed on
Jun 25, 2019
Sold by
Eliana M Gil Ret
Bought by
Ruggiero Daniel and Ruggiero Maryellen
Seller's Agent
Edson Dias
Joman Realty
Buyer's Agent
Maryellen Ruggiero
Armstrong Field Real Estate
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,070
Avg. Annual Appreciation
5.03%
Original Mortgage
$386,000
Outstanding Balance
$342,934
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$273,725
Purchase Details
Closed on
Oct 31, 2018
Sold by
Gil Eliana M
Bought by
Eliana M Gil Ret
Purchase Details
Listed on
Aug 16, 2017
Closed on
Apr 30, 2018
Sold by
Nuruzzaman Syed
Bought by
Gil Eliana M
Seller's Agent
Wahidul Shaikh
Boston BD Realty
Buyer's Agent
Edson Dias
Joman Realty
List Price
$499,900
Sold Price
$445,000
Premium/Discount to List
-$54,900
-10.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$387,250
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2006
Sold by
569 Franklin Street T and Morrisey Margaret M
Bought by
Nuruzzaman Syed and Nuruzzaman Syen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Melrose, MA
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruggiero Daniel | $460,000 | -- | |
| Eliana M Gil Ret | -- | -- | |
| Gil Eliana M | $445,000 | -- | |
| Nuruzzaman Syed | $335,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruggiero Daniel | $386,000 | |
| Previous Owner | Gil Eliana M | $387,250 | |
| Previous Owner | Nuruzzaman Syed | $240,000 | |
| Previous Owner | Nuruzzaman Syed | $246,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2019 07/01/19 | Sold | $460,000 | 0.0% | $321 / Sq Ft |
| 05/08/2019 05/08/19 | Pending | -- | -- | -- |
| 04/28/2019 04/28/19 | For Sale | $459,900 | +3.3% | $321 / Sq Ft |
| 04/30/2018 04/30/18 | Sold | $445,000 | -1.1% | $311 / Sq Ft |
| 12/12/2017 12/12/17 | Pending | -- | -- | -- |
| 10/01/2017 10/01/17 | Price Changed | $450,000 | -10.0% | $314 / Sq Ft |
| 08/16/2017 08/16/17 | For Sale | $499,900 | -- | $349 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $51 | $515,400 | $0 | $515,400 |
| 2024 | $5,023 | $505,800 | $0 | $505,800 |
| 2023 | $5,132 | $492,500 | $0 | $492,500 |
| 2022 | $4,674 | $442,200 | $0 | $442,200 |
| 2021 | $4,705 | $429,700 | $0 | $429,700 |
| 2020 | $4,575 | $414,000 | $0 | $414,000 |
| 2019 | $4,068 | $376,300 | $0 | $376,300 |
| 2018 | $3,953 | $348,900 | $0 | $348,900 |
| 2017 | $4,129 | $349,900 | $0 | $349,900 |
| 2016 | $3,735 | $302,900 | $0 | $302,900 |
| 2015 | $3,926 | $302,900 | $0 | $302,900 |
| 2014 | $3,906 | $294,100 | $0 | $294,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Edson Dias
Joman Realty
(617) 930-4632
-
Maryellen Ruggiero
M
Buyer's Agent in 2019
Maryellen Ruggiero
Armstrong Field Real Estate
1 in this area
7 Total Sales
-
Wahidul Shaikh
Seller's Agent in 2018
Wahidul Shaikh
Boston BD Realty
(339) 223-4023
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72489648
APN: MELR-000012B-000000-000053-000851
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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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