NOT LISTED FOR SALE

Estimated Value: $2,067,235 - $2,778,000

5 Beds
5 Baths
5,100 Sq Ft
$473/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $1,375,000 $270 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,485/month

79 Days on Market

About This Home

As of May 2014

Becoming an owner of this 1883 beautifully restored Italianate Victorian will certainly make you a part of Melrose's history. This graceful "Painted Lady" will, without a doubt, woo you with all her charms. No expense has been spared by the present owners to preserve, maintain and enhance many of the original features. Convenience plays a big part in the attraction of this home. Walking distance to town, 7 miles to Boston, 3 train stops with a 13-15 minute commute to North Station, close proximity to highways, a symphony, private and public golf courses, YMCA -- we could go on and on. A REAL VALUE!

Last Agent to Sell the Property

Patricia DeWolfe

Leading Edge Real Estate Listed on: 03/11/2014

Last Buyer's Agent

Alison Socha

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1883

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1883

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Storm Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Wood, Tile, Wall to Wall Carpet, Marble, Hardwood
  • Insulation: Mixed
  • Interior Amenities: Security System, Cable Available, Walk-up Attic, French Doors
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 14X14
  • Bedroom 3: Second Floor, 14X13
  • Bedroom 4: Third Floor, 16X16
  • Bedroom 5: Third Floor, 14X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 27X17
  • Laundry Room: Second Floor, 14X09
  • Living Room: First Floor, 22X14
  • Master Bedroom: Second Floor, 18X15
  • Master Bedroom Description: Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Dressing Room, Recessed Lighting, Remodeled
  • Dining Room: First Floor, 18X13
  • Family Room: Second Floor, 20X14

Exterior Features

  • Frontage: 85
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Patio, Gutters, Barn/Stable, Sprinkler System, Screens, Fenced Yard, Garden Area, Kennel, Stone Wall
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Storage, Work Area, Side Entry
  • Garage Spaces: 3
  • Parking: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Separate Booster
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 29, 2014
Sold by
Noonan Tiffany R and Horne Tiffany R
Bought by
Kugele Richard J and Kugele Melanie
Seller's Agent
Patricia DeWolfe
Leading Edge Real Estate
Buyer's Agent
Alison Socha
Leading Edge Real Estate
List Price
$1,549,000
Sold Price
$1,375,000
Premium/Discount to List
-$174,000
-11.23%
Current Estimated Value
$2,451,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,106
Avg. Annual Appreciation
4.97%
Original Mortgage
$950,000
Outstanding Balance
$688,608
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,723,701

Purchase Details

Closed on
Apr 6, 2010
Sold by
Nigro Brett and Nigro Larissa
Bought by
Horne Tiffany R

Purchase Details

Closed on
Aug 19, 2004
Sold by
Murphy Janice A and Murphy John P
Bought by
Nigro Brett and Nigro Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kugele Richard J $1,375,000 --
Horne Tiffany R $1,134,750 --
Nigro Brett $873,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kugele Richard J $950,000
Previous Owner Nigro Brett $598,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $1,375,000 0.0% $270 / Sq Ft
04/14/2014 04/14/14 Off Market $1,375,000 -- --
03/11/2014 03/11/14 For Sale $1,549,000 -- $304 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $19,721 $1,992,000 $559,800 $1,432,200
2024 $19,493 $1,963,000 $559,800 $1,403,200
2023 $18,791 $1,803,400 $499,300 $1,304,100
2022 $18,515 $1,751,700 $469,300 $1,282,400
2021 $17,693 $1,615,800 $424,300 $1,191,500
2020 $17,841 $1,614,600 $424,300 $1,190,300
2019 $16,229 $1,501,300 $383,800 $1,117,500
2018 $16,619 $1,466,800 $349,300 $1,117,500
2017 $15,842 $1,342,500 $334,300 $1,008,200
2016 $15,715 $1,274,500 $319,300 $955,200
2015 $14,522 $1,120,500 $304,300 $816,200
2014 $14,681 $1,105,500 $289,300 $816,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71642895

MLS Property Information Network (MLS PIN)

APN: MELR-000009E-000000-000004