NOT LISTED FOR SALE

601 Franklin St Unit 4 Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $524,742 - $675,000

2 Beds
1 Bath
1,384 Sq Ft
$428/Sq Ft Est. Value

About This Home

Charming and romantic Italianate architectural style condo one block from the Commuter Rail with Off-street parking. Desirable Melrose Highlands neighborhood. Minutes to Middlesex Fells Reservation, Crystal Springs, and Cascade Waterfall. Rent includes heat and hot water. Pet friendly. Lots of ornate wood trim, crown molding details, and coffered ceilings. Hardwood floors, high ceilings. Large extra room off of the living room can be easily used Office Space. Decorative fireplace. French doors open to very large and sunny formal dining room leading to Butler's pantry with plenty of counter space and kitchen cabinet storage. Gas cooking. Two good-size bedrooms. Coin-op laundry in bright friendly basement. One block away from various restaurants. Extra storage in the basement. Near Whole Foods. Asking 1st, security and full broker fee. No last months rent. References and full backgorund check required. Must practice Covid safety, view video tour, and visit location prior to viewing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2006
Sold by
569 Franklin Street T and Morrissey Margaret M
Bought by
Shulkin Mikhail and Shulkin Svetlana Yasnov
Current Estimated Value
$592,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Outstanding Balance
$142,806
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,063
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shulkin Mikhail $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shulkin Mikhail $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Rented $1,850 0.0% --
09/11/2020 09/11/20 Price Changed $1,850 -5.1% $1 / Sq Ft
08/27/2020 08/27/20 For Rent $1,950 +5.4% --
10/03/2018 10/03/18 Rented $1,850 0.0% --
09/18/2018 09/18/18 Under Contract -- -- --
09/13/2018 09/13/18 For Rent $1,850 -- --

Tax History Compared to Growth

Source: Public Records

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 $427,800 $0 $427,800
2024 $4,200 $423,000 $0 $423,000
2023 $4,284 $411,100 $0 $411,100
2022 $3,890 $368,000 $0 $368,000
2021 $3,908 $356,900 $0 $356,900
2020 $3,950 $357,500 $0 $357,500
2019 $3,494 $323,200 $0 $323,200
2018 $3,370 $297,400 $0 $297,400
2017 $3,507 $297,200 $0 $297,200
2016 $3,148 $255,300 $0 $255,300
2015 $3,309 $255,300 $0 $255,300
2014 $3,280 $247,000 $0 $247,000
Source: Public Records

Agents Affiliated with this Home

  • Edson Dias

    Seller's Agent in 2020

    Edson Dias

    Joman Realty

    (617) 930-4632

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Map

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

601 Franklin St Unit 4, Melrose, MA

This home is located at 601 Franklin St Unit 4, Melrose, MA 02176 and is currently estimated at $592,436, approximately $428 per square foot. 601 Franklin St Unit 4 is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

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