NOT LISTED FOR SALE

Estimated Value: $794,000 - $949,000

4 Beds
2 Baths
1,937 Sq Ft
$452/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $583,000 $301 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,777/month

33 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Storage Shed
  • Lincoln Elementary School Rated A-

About This Home

As of January 2019

Bright and comfortable 2 family set in the heart of downtown Melrose. High ceilings, hardwood floors, replacement windows (2004), young roof (2006), updated heating systems, clean and move in ready. One block from Main Street shops & restaurants. One block to grocery store. Just minutes to the commuter rail and T. Great opportunity for owner occupied or investment. Meticulously cared for with many upgrades throughout. Unit 1 is spacious, in stellar condition, and includes massive built-in closet systems. Loads of light, in unit laundry, and a claw foot tub great for a soak. Unit 2 adds an office off the master bedroom that could alternatively be a walk-in closet. Fully applianced compact kitchen on second floor w/ gas range, dishwasher and extra storage. Bonus walk up attic grants expansion possibilities. Don't miss your opportunity to own this property in fantastic Melrose. 24 hours notice required for private showing.

Last Agent to Sell the Property

chad Erenhouse

Classified Realty Group Listed on: 10/18/2018

Last Buyer's Agent

Jennifer Sandlin

Cornerstone Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $70

Year Built

  • Built in 1870

Lot Details

  • 3,920

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0C7 P:0000046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$70

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 296.85
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: B11101
  • Main So: AN1213
  • Estimated Sq Ft: 1937.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Gutters, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 60 Amps/Less, Individually Metered, Knob & Tube Wiring
  • Sewage District: MWRA
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 465500.00
  • Acre: 0.09
  • Lot Size: 4016.00
  • Page: 309
  • Parcel Number: M:0C7 P:0000046
  • Zoning: URD
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 2
  • Total Rent: 1550
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5274.00
  • Assessor Parcel Number: 654048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2004
Sold by
Maccutcheon Estelle L
Bought by
Reineck Robin
Current Estimated Value
$875,683
Source: Public Records

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
Reineck Robin -- --
Reineck Robin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagati Marissa $565,250
Closed Agati Marissa D $563,047
Closed Dagati Marissa $563,542
Closed Reineck Robin $75,000
Closed Reineck Robin $30,000
Closed Maccutcheon Robin $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $583,000 +1.4% $301 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $575,000 0.0% $297 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $575,000 -- $297 / 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 $70 $706,800 $413,900 $292,900
2024 $6,587 $663,300 $387,200 $276,100
2023 $6,563 $629,800 $360,500 $269,300
2022 $6,420 $607,400 $347,200 $260,200
2021 $6,181 $564,500 $333,800 $230,700
2020 $6,021 $544,900 $307,100 $237,800
2019 $5,660 $523,600 $293,800 $229,800
2018 $5,274 $465,500 $243,700 $221,800
2017 $5,128 $434,600 $233,700 $200,900
2016 $4,719 $382,700 $207,000 $175,700
2015 $4,944 $381,500 $207,000 $174,500
2014 $4,604 $346,700 $190,300 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72412756

MLS Property Information Network (MLS PIN)

APN: MELR-000007C-000000-000046