NOT LISTED FOR SALE

Estimated Value: $873,000 - $1,341,624

4 Beds
2 Baths
1,785 Sq Ft
$579/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2019

Last sale price $625,000 $350 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,496 / mo

8 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Fenced Yard
  • Lincoln Elementary School Rated A-
  • Wood Flooring

About This Home

As of October 2019

Meticulously cared for with an amazing downtown location! Bright and sunny 2 family home set in the heart of downtown Melrose convenient to public transportation, restaurants and shops. Both units have 2 bedrooms,1 full bath, and a fully applianced kitchen. The basement is shared and perfect for storage with 2 sets of washer/dryers. The backyard is fenced, the one car garage offers additional room for storage. Each unit has a private deck and access to the above ground pool and koi pond. Driveway parking for 4 cars. Highlights:1st floor gas heat 2010; roof and blown in attic insulation 2017; 200 amp electrical service 2018. Great opportunity for owner occupied or investment.

Last Agent to Sell the Property

Christine Rocha

Residential Realty Group Listed on: 09/11/2019

Last Buyer's Agent

Sabbor Sheikh

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Parquet

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 322.13
  • Comp Based On: Net Sale Price
  • Year Built: 1865
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1865

Interior Features

  • Flooring: Wood, Parquet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: AN3616
  • Main So: AN4870
  • Estimated Sq Ft: 1785.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Pool - Above Ground, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Sewage District: MWRA
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 528300.00
  • Acre: 0.11
  • Lot Size: 5000.00
  • Page: 209
  • Zoning: URD
  • Lot Description: Paved Drive, Fenced/Enclosed

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 1550
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5710.92
  • Assessor Parcel Number: 654189

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 22, 2019
Sold by
Bought by
Seller's Agent
Christine Rocha
Residential Realty Group
Buyer's Agent
Sabbor Sheikh
Coldwell Banker Realty - Boston
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$1,034,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,156
Avg. Annual Appreciation
7.75%
Original Mortgage
$468,750
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 1992
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 --
-- --
$130,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $468,750
Closed $430,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $625,000 +8.7% $350 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $575,000 -- $322 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $100 $1,005,100 $418,500 $586,600
2024 $9,421 $948,700 $391,500 $557,200
2023 $9,392 $901,300 $364,500 $536,800
2022 $6,847 $647,800 $351,000 $296,800
2021 $6,439 $588,000 $337,500 $250,500
2020 $6,069 $549,200 $310,500 $238,700
2019 $5,711 $528,300 $297,000 $231,300
2018 $5,328 $470,300 $246,400 $223,900
2017 $5,203 $440,900 $236,300 $204,600
2016 $4,800 $389,300 $209,300 $180,000
2015 $5,031 $388,200 $209,300 $178,900
2014 $4,709 $354,600 $192,400 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72560498

MLS Property Information Network (MLS PIN)

APN: MELR-000008C-000000-000044

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