601 Franklin St Unit 1 Melrose, MA 02176
Melrose Highlands Neighborhood
2
Beds
2
Baths
1,330
Sq Ft
$665/mo
HOA Fee
Highlights
- Wood Flooring
- Roosevelt Elementary School Rated A
- 3-minute walk to Melrose Highlands
About This Home
As of January 2022NEW PRICE! With units of just 152 square ft more than this condo selling in the past 10mnths for $407K to $460K value and current “for sale†units at $400K and $429K asking price, $375K is an absolute bargain for this 6room 2 bedrm, 1 and a half bath, main floor unit, just steps to the commuter rail in the Melrose Highland's neighborhood, w/in a short distance to exquisite restaurants, Whole Foods, Vibrant, multi-faceted and continued enhancing downtown. Unit's charming Italianate design features high, coffered ceilings, hardwood floors throughout, kitchen w/ granite counter tops, stainless steel appliances, plenty of cabinetry, formal diningrm with extraordinary amounts of light, spacious livingrm w/ ornate fireplace, large office which can be turned into 3rd bedrm, roomy hallways & entry way and parking. Only bill is electricity, all else covered by condo fee.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $48
Year Built
- Built in 1910
Lot Details
- Year Round Access
HOA Fees
- $665 per month
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Natural Gas Water Heater
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2021
Closed on
Jan 31, 2022
Sold by
Sheridan Thomas J and Sacks Rachel B
Bought by
Williams Teresa A
Seller's Agent
Joseph Duggan
Trinity Real Estate
Buyer's Agent
Jennifer Duff
Brad Hutchinson Real Estate
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%
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
$119,442
Avg. Annual Appreciation
6.70%
Original Mortgage
$195,000
Outstanding Balance
$182,129
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,157
Purchase Details
Listed on
Aug 21, 2019
Closed on
Sep 18, 2019
Sold by
Rosario Maria M
Bought by
Sheridan Thomas J and Sacks Rachel B
Seller's Agent
Janet Aguilar
Leading Edge Real Estate
Buyer's Agent
Joseph Duggan
Trinity Real Estate
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Purchase Details
Listed on
Feb 14, 2013
Closed on
Oct 18, 2013
Sold by
T M
Bought by
Rosario Maria M
Seller's Agent
Allan Rickhi
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
Buyer's Agent
Adele Ohki
Keller Williams Realty Boston Northwest
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$221,250
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2009
Sold by
569 Franklin Street T and Morrissey Margaret M
Bought by
M and Flynn Martha T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.26%
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 |
|---|---|---|---|
| Not Resolvable | $445,000 | None Available | |
| Not Resolvable | $385,000 | -- | |
| Deed | $295,000 | -- | |
| Deed | $295,000 | -- | |
| Land Court Massachusetts | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | Purchase Money Mortgage | |
| Previous Owner | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $221,250 | New Conventional | |
| Previous Owner | $275,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2022 01/31/22 | Sold | $445,000 | +1.4% | $335 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $439,000 | +14.0% | $330 / Sq Ft |
| 09/27/2019 09/27/19 | Sold | $385,000 | +2.7% | $289 / Sq Ft |
| 08/30/2019 08/30/19 | Pending | -- | -- | -- |
| 08/28/2019 08/28/19 | Price Changed | $374,900 | -3.8% | $282 / Sq Ft |
| 08/21/2019 08/21/19 | For Sale | $389,900 | 0.0% | $293 / Sq Ft |
| 10/03/2018 10/03/18 | Rented | $2,250 | 0.0% | -- |
| 10/02/2018 10/02/18 | Under Contract | -- | -- | -- |
| 09/26/2018 09/26/18 | Price Changed | $2,250 | +2.3% | $2 / Sq Ft |
| 09/12/2018 09/12/18 | Price Changed | $2,200 | -10.2% | $2 / Sq Ft |
| 09/10/2018 09/10/18 | Price Changed | $2,450 | +2.1% | $2 / Sq Ft |
| 08/31/2018 08/31/18 | For Rent | $2,400 | 0.0% | -- |
| 08/28/2018 08/28/18 | Off Market | $2,400 | -- | -- |
| 08/27/2018 08/27/18 | Price Changed | $2,400 | -2.0% | $2 / Sq Ft |
| 08/27/2018 08/27/18 | Price Changed | $2,450 | +2.1% | $2 / Sq Ft |
| 08/07/2018 08/07/18 | For Rent | $2,400 | +9.1% | -- |
| 09/22/2017 09/22/17 | Rented | $2,200 | 0.0% | -- |
| 09/18/2017 09/18/17 | Under Contract | -- | -- | -- |
| 08/27/2017 08/27/17 | Price Changed | $2,200 | -8.3% | $2 / Sq Ft |
| 08/24/2017 08/24/17 | Price Changed | $2,400 | +4.3% | $2 / Sq Ft |
| 08/23/2017 08/23/17 | For Rent | $2,300 | +4.5% | -- |
| 09/13/2016 09/13/16 | Rented | $2,200 | 0.0% | -- |
| 08/25/2016 08/25/16 | Under Contract | -- | -- | -- |
| 08/04/2016 08/04/16 | For Rent | $2,200 | +10.0% | -- |
| 07/28/2015 07/28/15 | Rented | $2,000 | 0.0% | -- |
| 07/28/2015 07/28/15 | For Rent | $2,000 | 0.0% | -- |
| 10/16/2013 10/16/13 | Sold | $295,000 | 0.0% | $222 / Sq Ft |
| 10/11/2013 10/11/13 | Pending | -- | -- | -- |
| 09/15/2013 09/15/13 | Off Market | $295,000 | -- | -- |
| 09/05/2013 09/05/13 | Price Changed | $309,900 | 0.0% | $233 / Sq Ft |
| 09/05/2013 09/05/13 | For Sale | $309,900 | +5.1% | $233 / Sq Ft |
| 08/13/2013 08/13/13 | Off Market | $295,000 | -- | -- |
| 06/17/2013 06/17/13 | Price Changed | $329,900 | -4.3% | $248 / Sq Ft |
| 05/31/2013 05/31/13 | Price Changed | $344,900 | -1.4% | $259 / Sq Ft |
| 02/14/2013 02/14/13 | For Sale | $349,900 | -- | $263 / 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 | $48 | $480,200 | $0 | $480,200 |
| 2024 | $4,678 | $471,100 | $0 | $471,100 |
| 2023 | $4,775 | $458,300 | $0 | $458,300 |
| 2022 | $4,345 | $411,100 | $0 | $411,100 |
| 2021 | $4,371 | $399,200 | $0 | $399,200 |
| 2020 | $4,411 | $399,200 | $0 | $399,200 |
| 2019 | $3,913 | $362,000 | $0 | $362,000 |
| 2018 | $3,789 | $334,400 | $0 | $334,400 |
| 2017 | $3,952 | $334,900 | $0 | $334,900 |
| 2016 | $3,561 | $288,800 | $0 | $288,800 |
| 2015 | $3,743 | $288,800 | $0 | $288,800 |
| 2014 | $3,718 | $280,000 | $0 | $280,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Duggan
Seller's Agent in 2022
Joseph Duggan
Trinity Real Estate
(617) 230-3957
1 in this area
47 Total Sales
-
Jennifer Duff
J
Buyer's Agent in 2022
Jennifer Duff
Brad Hutchinson Real Estate
(617) 823-4419
5 in this area
30 Total Sales
-
Janet Aguilar
Seller's Agent in 2019
Janet Aguilar
Leading Edge Real Estate
(617) 957-1192
4 in this area
58 Total Sales
-
Brendan McDowell
Buyer's Agent in 2018
Brendan McDowell
RE/MAX
(781) 720-9273
4 Total Sales
-
Annette Gregorio
Buyer's Agent in 2017
Annette Gregorio
Leading Edge Real Estate
(617) 548-3180
3 in this area
47 Total Sales
-
R
Seller's Agent in 2016
Rob Viola
Brad Hutchinson Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72553297
APN: MELR-000012B-000000-000053-000011
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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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