NOT LISTED FOR SALE

61 School St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $1,128,000 - $1,249,000

3 Beds
3 Baths
2,439 Sq Ft
$487/Sq Ft Est. Value

About This Home

This home is located at 61 School St, Melrose, MA 02176 and is currently estimated at $1,187,383, approximately $486 per square foot. 61 School St is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Horace Mann Elementary School, and Hoover Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Sanderson John P and Sanderson Elaine F
Bought by
Sanderson Gilligan Rt
Current Estimated Value
$1,187,383

Purchase Details

Closed on
Nov 10, 1995
Sold by
Chaffee Herbert G
Bought by
Sanderson John P and Gilligan Elaine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sanderson Gilligan Rt -- None Available
Sanderson John P $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanderson John P $161,000
Previous Owner Sanderson John P $169,200
Source: Public Records

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 $96 $966,900 $499,200 $467,700
2024 $9,601 $966,900 $499,200 $467,700
2023 $9,063 $869,800 $445,300 $424,500
2022 $8,227 $778,300 $376,500 $401,800
2021 $7,781 $710,600 $340,000 $370,600
2020 $7,852 $710,600 $340,000 $370,600
2019 $6,288 $581,700 $307,200 $274,500
2018 $6,275 $553,800 $279,300 $274,500
2017 $6,057 $513,300 $267,200 $246,100
2016 $5,705 $462,700 $255,000 $207,700
2015 $5,737 $442,700 $242,900 $199,800
2014 $5,166 $389,000 $230,700 $158,300
Source: Public Records

Map

Massachusetts Middlesex County Melrose 02176 Melrose East Side

61 School St, Melrose, MA

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