601 Franklin St Unit 2 Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated payment $3,733/month
Highlights
- Medical Services
- 3-minute walk to Melrose Highlands
- Wood Flooring
- Roosevelt Elementary School Rated A-
- Property is near public transit and schools
- 4-minute walk to Warren Street Park
About This Home
Experience the best of Melrose in this 3-bedroom condo, located just 0.2 miles from the commuter rail. This home offers an open layout with elegant coffered ceilings and a kitchen equipped with a gas range and newer appliances. Modern essentials are all here: in-unit laundry, a dedicated storage unit, and a pet-friendly atmosphere. Financial ease is a standout feature, as the condo fee includes heat and hot water with no pending special assessments to worry about. It’s a low-maintenance lifestyle in a premier commuter location. The Melrose lifestyle includes a fenced-in dog park on 1.1 miles away, while the famous Sheepfold offers a premier off-leash experience nearby. For ultimate convenience, top-rated doggie daycare and grooming services are located within a half-mile, making morning drop-offs effortless for rail commuters.
Listing Agent
Joanne Rodrigues
Redfin Corp. Listed on: 01/28/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,174
Year Built
- Built in 1910
HOA Fees
- $755 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
- Frame Construction
- Stone
Interior Spaces
- 1,330 Sq Ft Home
- Crown Molding
- Wainscoting
- Coffered Ceiling
- Ceiling Fan
- Light Fixtures
- Dining Room with Fireplace
- Laundry on main level
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit and schools
Schools
- Roosevelt Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Hot Water Heating System
- Heating System Uses Steam
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:B12 P:053012,4676706
Community Details
Overview
- Association fees include heat, insurance, ground maintenance, snow removal
- 19 Units
- Mid-Rise Condominium
- Undercliff Terrace Condominiums Community
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
- Community Storage Space
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $42 | $421,600 | $0 | $421,600 |
| 2024 | $4,140 | $416,900 | $0 | $416,900 |
| 2023 | $4,221 | $405,100 | $0 | $405,100 |
| 2022 | $3,834 | $362,700 | $0 | $362,700 |
| 2021 | $3,852 | $351,800 | $0 | $351,800 |
| 2020 | $3,894 | $352,400 | $0 | $352,400 |
| 2019 | $3,445 | $318,700 | $0 | $318,700 |
| 2018 | $3,323 | $293,300 | $0 | $293,300 |
| 2017 | $3,459 | $293,100 | $0 | $293,100 |
| 2016 | $3,105 | $251,800 | $0 | $251,800 |
| 2015 | -- | $251,800 | $0 | $251,800 |
| 2014 | $3,236 | $243,700 | $0 | $243,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | Pending | -- | -- | -- | |
| 03/11/2026 03/11/26 | Price Changed | $499,900 | -3.8% | $376 / Sq Ft | |
| 02/12/2026 02/12/26 | Price Changed | $519,900 | -1.0% | $391 / Sq Ft | |
| 01/28/2026 01/28/26 | For Sale | $525,000 | +16.7% | $395 / Sq Ft | |
| 01/20/2022 01/20/22 | Sold | $450,000 | +2.3% | $338 / Sq Ft | View Prior Sale |
| 12/17/2021 12/17/21 | Pending | -- | -- | -- | |
| 12/07/2021 12/07/21 | For Sale | $439,900 | +46.7% | $331 / Sq Ft | |
| 07/29/2015 07/29/15 | Sold | $299,900 | 0.0% | $225 / Sq Ft | View Prior Sale |
| 06/12/2015 06/12/15 | Pending | -- | -- | -- | |
| 06/05/2015 06/05/15 | Off Market | $299,900 | -- | -- | |
| 05/26/2015 05/26/15 | Price Changed | $299,900 | -7.7% | $225 / Sq Ft | |
| 05/13/2015 05/13/15 | For Sale | $324,900 | -- | $244 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $450,000 | None Available | |
| Quit Claim Deed | $299,900 | -- | |
| Land Court Massachusetts | $294,400 | -- | |
| Land Court Massachusetts | $294,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $239,900 | New Conventional | |
| Previous Owner | $244,350 | No Value Available | |
| Previous Owner | $264,950 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73472364
APN: MELR-000012B-000000-000053-000012
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