585 Franklin St Unit 1 Melrose, MA 02176
Melrose Highlands Neighborhood
3
Beds
2
Baths
1,432
Sq Ft
1910
Built
About This Home
As of July 2019Wonderful 1st floor 3 bed, 2 ba, 7 room condo in charming turn of the century building! Undercliff Terrace is a stunningly restored Condominium complex located in the hub of the much sought after Melrose Highlands.Designed in Italian Renaissance style this unit offers many appointments: beamed ceilings, refinished hard wood floors through out . large inviting living room w/ decorative fireplace and bay, dining room could be converted to 4th bed room, renovated eat in kitchen w/ new appliances, granite countertops, maple cabinets, and ceramic tile floor & enclosed 4 season porch .Condo Fee includes heat, maintenance, landscaping, snow removal.Pet friendly Seller will vacated the property at closing
Last Buyer's Agent
Edson Dias
Joman Realty
Property Details
Home Type
Condominium
Est. Annual Taxes
$51
Year Built
1910
Lot Details
0
Listing Details
- Unit Level: 1
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Brownstone
- Lead Paint: Unknown
- Year Round: Yes
- Year Built Description: Renovated Since
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1910
Interior Features
- Has Basement: Yes
- Fireplaces: 1
- Primary Bathroom: Yes
- Number of Rooms: 7
- Bedroom 2: Third Floor, 12X12
- Bedroom 3: 12X10
- Kitchen: First Floor, 11X12
- Laundry Room: Basement
- Living Room: First Floor, 18X12
- Master Bedroom: First Floor, 18X12
- Master Bedroom Description: Flooring - Wood
- Dining Room: First Floor, 9X12
- No Bedrooms: 3
- Full Bathrooms: 2
- No Living Levels: 1
- Main Lo: BB3298
- Main So: AN3376
Exterior Features
- Construction: Stone/Concrete
Garage/Parking
- Parking Spaces: 3
Utilities
- Heat Zones: 1
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- HOA Fees: 582.21
- Condominium Name: : Undercliff Terrace
- Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance
- Pets Allowed: Yes
- No Units: 6
- Optional Fee Includes: Sauna/Steam
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Schools
- Elementary School: Roosevelt
- Middle School: Melrose
Lot Info
- Zoning: RS
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%
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
$174,707
Avg. Annual Appreciation
5.05%
Original Mortgage
$386,000
Outstanding Balance
$340,828
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$280,242
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
4.70%
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 the area
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $460,000 | -- | |
| Deed | -- | -- | |
| Not Resolvable | $445,000 | -- | |
| Land Court Massachusetts | $335,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $386,000 | New Conventional | |
| Previous Owner | $387,250 | New Conventional | |
| Previous Owner | $240,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $246,000 | Purchase Money Mortgage |
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
-
E
Seller's Agent in 2019
Edson Dias
Joman Realty
-
M
Buyer's Agent in 2019
Maryellen Ruggiero
Armstrong Field Real Estate
1 in this area
7 Total Sales
-
Seller's Agent in 2018
Wahidul Shaikh
Boston BD Realty
(339) 223-4023
37 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72214913
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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