NOT LISTED FOR SALE

Estimated Value: $399,647 - $465,000

1 Bed
1 Bath
698 Sq Ft
$488/mo HOA Fee

Last Sold April 13, 2022

Last sale price $375,000 $537 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,929/month

3 Days on Market

Highlights

  • Golf Course Community
  • 2-minute walk to Melrose/Cedar Park
  • Landscaped Professionally
  • Lincoln Elementary School Rated A-
  • Medical Services
  • 1-minute walk to Bowden Park

About This Home

As of April 2022

**MULTIPLE OFFER SITUATION***If you're looking for the perfect blend of charm & character mixed with the conveniences of today- you've found it! All your boxes will be checked off with this meticulously kept Melrose Gem! This top floor, oversized one bedroom boasts hardwoods throughout, custom storage & cabinetry, 13 ft ceilings, private parking and a perfect commuter location. Overlooking Bowen Park and steps to the Cedar Park MBTA, grocery stores and all the shops that Downtown Melrose has to offer. Extra basement storage, healthy reserves, and pet friendly...why rent when you can own! Don't miss this beauty!

Last Listed By

Ryan Wilson

Keller Williams Realty Listed on: 03/23/2022

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1850

Lot Details

  • Near Conservation Area
  • Stone Wall
  • Landscaped Professionally

HOA Fees

  • $488 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 698 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mvmms Middle School
  • MHS High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4398698

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, trash, reserve funds
  • 4 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,120

Year Built

Built in 1850

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area
  • Living Area: 698
  • Stories Total: 2
  • MAIN LO: BB5522
  • LIST PRICE PER Sq Ft: 429.8
  • PRICE PER Sq Ft: 537.25
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Professional Landscaping, Stone Wall
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 488.38
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • UNIT BUILDING: 4
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 4398698
  • Zoning: unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 451
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4120.19
  • Tax Book Number: 65440

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Mhs
  • Middle Or Junior School: Mvmms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Mar 31, 2022
Sold by
Varela Jacklyn
Bought by
Mcbride Robert and Mcbride Lisa
Seller's Agent
Ryan Wilson
Keller Williams Realty
Buyer's Agent
Leeman & Gately
Compass
List Price
$300,000
Sold Price
$375,000
Premium/Discount to List
$75,000
25%
Total Days on Market
3
Current Estimated Value
$435,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,662
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 28, 2015
Sold by
Shanahan Alison J
Bought by
Varela Jacklyn
Seller's Agent
Lisa Howitt
Compass
Buyer's Agent
Ryan Wilson
Keller Williams Realty
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$189,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Carter Thomas E
Bought by
Durant Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Date Buyer Sale Price Title Company
Mcbride Robert $375,000 None Available
Varela Jacklyn $210,000 --
Durant Alison J $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Jacklyn $167,000
Previous Owner Varela Jacklyn $189,000
Previous Owner Durant Alison J $243,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $375,000 +25.0% $537 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $300,000 +42.9% $430 / Sq Ft
05/28/2015 05/28/15 Sold $210,000 0.0% $299 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/12/2015 04/12/15 Off Market $210,000 -- --
03/04/2015 03/04/15 For Sale $214,900 -- $306 / 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 $35 $357,800 $0 $357,800
2024 $3,513 $353,800 $0 $353,800
2023 $4,224 $405,400 $0 $405,400
2022 $4,120 $389,800 $0 $389,800
2021 $3,356 $306,500 $0 $306,500
2020 $3,586 $324,500 $0 $324,500
2019 $3,118 $288,400 $0 $288,400
2018 $2,667 $235,400 $0 $235,400
2017 $2,441 $206,900 $0 $206,900
2016 $2,530 $205,200 $0 $205,200
2015 $2,659 $205,200 $0 $205,200
2014 -- $199,000 $0 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956545

MLS Property Information Network (MLS PIN)

APN: MELR-000009B-000000-000001D