NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,074,721

4 Beds
2 Baths
2,442 Sq Ft
$391/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $810,000 $332 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,209 / mo

4 Days on Market

Highlights

  • Medical Services
  • Landscaped Professionally
  • Sun or Florida Room
  • Lincoln Elementary School Rated A-
  • Property is near golf course, public transit, and schools
  • Community Pool

About This Home

As of June 2022

Opportunity awaits an owner-occupant or investor in this spacious two-family home in desirable Melrose location. The light filled sunporch welcomes you to the first floor unit featuring two bedrooms, living room, large eat-in kitchen and bathroom. Ascending the stairs, Unit 2 offers a spacious living room, an updated kitchen with oak cabinetry, Corian countertops w/breakfast bar, dining area, two bedrooms, bathroom, mudroom and laundry. Additional laundry suite in basement services the first floor. A generous back yard with patio, deck and storage shed is ideal for relaxing and entertaining. There are two driveways, one on either side of the house, providing plenty of off-street parking. Other updates include newer roof (2016), two Burnham gas heating systems (2007), two Superstor gas hot water heaters (2007), several Harvey windows and painting. Walk to Bus, Commuter rail, shopping, parks and recreation. Easy access to Routes 1 and I-93. Showings start Saturday May 28th, 11am-1pm

Last Agent to Sell the Property

Anne Kennedy

Coldwell Banker Realty - Newton Listed on: 05/26/2022

Coldwell Banker Realty - Newton

Last Buyer's Agent

Paul Cirignano

The Synergy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 1920

Lot Details

  • 4,718 Sq Ft Lot
  • Fenced
  • Landscaped Professionally
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,442 Sq Ft Home
  • Property has 1 Level
  • Sun or Florida Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near golf course, public transit, and schools

Schools

  • Apply Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,055
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:0D7 P:0000027,654756

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Insurance Expense $2,159
  • Water Sewer Expense $880
  • Operating Expense $3,439
  • Net Operating Income $24,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,606

Year Built

Built in 1920

Lot Details

4,718 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Sunroom, Unit 1(Ceiling Fans,Bathroom With Tub & Shower,Internet Available - DSL), Unit 2(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Bathroom With Tub & Shower,Internet Available - DSL), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room, Washer Hookup, Unit 2 Laundry Room
  • Basement: Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
  • Living Area: 2442
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: AN7316

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Professional Landscaping, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Covered
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • 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, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water)

Fee Information

  • Water Sewer Expenses: 880

Lot Info

  • Parcel Number: M:0D7 P:0000027,654756
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4718
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6606

Multi Family

  • Insurance Expense: 2159
  • Net Operating Income: 24660
  • Number Of Units Total: 2
  • Operating Expense: 3439
  • Total Actual Rent: 2055
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Melrose High
  • Elementary School: Apply
  • Middle Or Junior School: Melrose Middle

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
May 26, 2022
Closed on
Jun 30, 2022
Sold by
Bought by
Seller's Agent
Anne Kennedy
Coldwell Banker Realty - Newton
Buyer's Agent
Paul Cirignano
The Synergy Group
List Price
$749,000
Sold Price
$810,000
Premium/Discount to List
$61,000
8.14%
Current Estimated Value
$954,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,930
Avg. Annual Appreciation
4.12%
Original Mortgage
$648,000
Interest Rate
0.0425%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 1990
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1987
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$810,000 None Available
$206,500 --
$22,000 --
$184,000 --
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 $648,000
Previous Owner $25,000
Previous Owner $55,000
Closed $215,000
Previous Owner $200,000
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
06/30/2022 06/30/22 Sold $810,000 +8.1% $332 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $749,000 -- $307 / 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 $72 $728,000 $417,200 $310,800
2024 $6,788 $683,600 $390,300 $293,300
2023 $6,760 $648,800 $363,400 $285,400
2022 $6,606 $625,000 $349,900 $275,100
2021 $6,416 $585,900 $336,400 $249,500
2020 $6,140 $555,700 $309,500 $246,200
2019 $5,769 $533,700 $296,100 $237,600
2018 $5,377 $474,600 $245,600 $229,000
2017 $5,217 $442,100 $235,500 $206,600
2016 $4,791 $388,600 $208,600 $180,000
2015 $5,019 $387,300 $208,600 $178,700
2014 $4,663 $351,100 $191,800 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72987693

MLS Property Information Network (MLS PIN)

APN: MELR-000007D-000000-000027

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