Seller's Agent in 2016
Derek Greene
The Greene Realty Group
(860) 560-1006
3,049 Total Sales
6 Chipman Ave Unit 10 Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $1,399,221
5
Beds
4
Baths
3,279
Sq Ft
$427/Sq Ft
Est. Value
About This Home
As of December 2016Mixed use Res/Com 4 unit property in red hot Melrose! Steps away from the vibrant Highlands business district with commuter rail station and within a mile of the Downtown shops and restaurants. The building is move-in ready and would be great income, condo conversion or owner/user property. Looking to start a business? You could do that and live here too. Present use is 3 residential apartments and 1 office space. The 3 apartments have been completely renovated over the past 2 years. Included is off-street parking, laundry in-building, small outdoor space for grilling and more. Buyer to perform due diligence
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
Multi-Family
Year Built
1925
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Shared Drive
- Property Type: Multi-family
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 4
- Year Built: 1925
Interior Features
- Has Basement: Yes
- Number of Rooms: 16
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood, Wood Laminate
- Basement: Walk Out, Interior Access, Concrete Floor
- Total Levels: 4
Exterior Features
- Roof: Rubber
- Frontage: 47.00
- Construction: Frame
- Exterior: Aluminum
- Exterior Features: Gutters
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 4
Utilities
- Heat Zones: 4
- Hot Water: Separate Booster
- Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 400
Condo/Co-op/Association
- Total Units: 4
Lot Info
- Assessor Parcel Number: M:C12 P:0000024
- Zoning: BA-2
Multi Family
- APOD Available: Yes
- Appliances Common: Washer, Dryer
- Expenses Year End: 12/15
- Foundation: 40x40
- Heat Units: 1
- Interior Features Common: Wall to Wall Carpet
- Common Room: Laundry
- Total Bedrooms: 5
- Total Floors: 6
- Total Full Baths: 3
- Total Half Baths: 1
- Total Levels: 2
- Total Rms: 16
- Total Rent_1: 3800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2016
Closed on
Dec 5, 2016
Sold by
Curry Robert A
Bought by
Butler Robert P
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Non Member
Non Member Office
List Price
$879,000
Sold Price
$790,000
Premium/Discount to List
-$89,000
-10.13%
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
$609,221
Avg. Annual Appreciation
6.49%
Original Mortgage
$585,000
Outstanding Balance
$471,997
Interest Rate
3.13%
Mortgage Type
Commercial
Estimated Equity
$927,224
Purchase Details
Closed on
Dec 28, 1984
Bought by
Curry Robert A
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Butler Robert P | $790,000 | -- | |
| Curry Robert A | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Butler Robert P | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2016 12/05/16 | Sold | $790,000 | -5.8% | $241 / Sq Ft |
| 10/13/2016 10/13/16 | Pending | -- | -- | -- |
| 08/25/2016 08/25/16 | Price Changed | $839,000 | -2.3% | $256 / Sq Ft |
| 07/21/2016 07/21/16 | Price Changed | $859,000 | -2.3% | $262 / Sq Ft |
| 06/21/2016 06/21/16 | For Sale | $879,000 | -- | $268 / 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 | $0 | $1,058,600 | $449,500 | $609,100 |
| 2024 | -- | $1,010,300 | $436,200 | $574,100 |
| 2023 | $0 | $955,700 | $396,600 | $559,100 |
| 2022 | $0 | $936,600 | $396,600 | $540,000 |
| 2021 | $0 | $859,700 | $370,100 | $489,600 |
| 2020 | $0 | $813,600 | $330,500 | $483,100 |
| 2019 | $0 | $772,200 | $305,400 | $466,800 |
| 2018 | $0 | $762,800 | $277,600 | $485,200 |
| 2017 | -- | $495,800 | $264,400 | $231,400 |
| 2016 | -- | $455,200 | $257,800 | $197,400 |
| 2015 | -- | $422,100 | $224,700 | $197,400 |
| 2014 | -- | $395,700 | $198,300 | $197,400 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Greene
-
N
Buyer's Agent in 2016
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72026329
APN: MELR-000012C-000000-000024
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.
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.
Nearby Homes
- 24 Ellsworth Ave
- 569 Franklin St Unit 1
- 2 Overlook Rd
- 51 Melrose St Unit 1C
- 41 Orris St
- 24 Gladstone St
- 128 Green St Unit 128
- 10 Hesseltine Ave
- 89 Lovell Rd
- 8 Crystal St Unit 2
- 8 Crystal St Unit 3
- 53 Perkins St
- 81 Spring St
- 109 Linden Rd
- 220 Essex St Unit 1
- 19 Fellsmere Ave
- 349 W Emerson St
- 22 Mount Zion Rd
- 236-238 Main St
- 15 Maple St
- 10 Chipman Ave Unit 1
- 10 Chipman Ave Unit 4
- 10 Chipman Ave Unit 2
- 437 Franklin St
- 437-445 Franklin St
- 445 Franklin St
- 463 Franklin St Unit 301
- 463 Franklin St Unit 306
- 463 Franklin St Unit 401
- 463 Franklin St Unit 307
- 463 Franklin St Unit 406
- 463 Franklin St Unit 205
- 463 Franklin St Unit 204
- 463 Franklin St Unit 206
- 403 Franklin St
- 114 W Highland Ave
- 119 W Highland Ave
- 119 W Highland Ave Unit 2
- 43 Marvin Rd
- 466 Franklin St Unit 204