68 Prospect St Melrose, MA 02176
Wyoming NeighborhoodEstimated Value: $1,409,000 - $1,709,000
6
Beds
3.5
Baths
4,534
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Medical Services
- Granite Flooring
- Custom Closet System
- Lincoln Elementary School Rated A-
- 0.45 Acre Lot
- Landscaped Professionally
About This Home
As of September 2017We cordially invite you AND YOUR LOVED ONES to experience this stunning part of Melrose history. An ideal home for melding families, offering a separate in-law wing w/bath and kitchenette. From the moment you pull up you will be impressed by this homes stately position atop its 19,670 SF lot. Feel like you’re home from the moment you enter into the sun drenched fireplaced living room leading you into the formal dining room w/ fireplace. The kitchen embodies the exact definition of, "the heart of the home." 10 years young, this space boats a gas fireplace, granite counters, custom built cabinetry & french doors to the large multi-level deck. Enjoy a serene meal outside while the homes Koi pond flows in your ear. The 2nd and 3rd floors provide 5 beds & 2 full updated baths. A lovely sunroom guides you into what some would argue is best room in the house: the family room! You will quickly see why. A neighborhood your friends will envy, and a unique location that makes commuting a dream!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,609
Year Built
- Built in 1890 | Remodeled
Lot Details
- 0.45 Acre Lot
- Near Conservation Area
- Landscaped Professionally
- Wooded Lot
- Property is zoned URA
Home Design
- Victorian Architecture
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,534 Sq Ft Home
- Wired For Sound
- Beamed Ceilings
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Lighting
- French Doors
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 4 Fireplaces
- Sun or Florida Room
- Unfinished Basement
- Exterior Basement Entry
- Home Security System
Kitchen
- Oven
- Built-In Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Trash Compactor
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Wall to Wall Carpet
- Granite
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Call School Dep Elementary School
- Melrose Vet. Middle School
- Melrose High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Oil
- Hot Water Heating System
- 200+ Amp Service
- Natural Gas Connected
- Oil Water Heater
Listing and Financial Details
- Assessor Parcel Number 652303
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2017
Closed on
Sep 15, 2017
Sold by
Tocco Anthony J and Tocco Barbara L
Bought by
Heighton Jeffrey S and Heighton Erin E
Seller's Agent
Philip Vita
Compass
Buyer's Agent
Philip Vita
Compass
List Price
$1,399,000
Sold Price
$1,075,000
Premium/Discount to List
-$324,000
-23.16%
Total Days on Market
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,280
Avg. Annual Appreciation
5.53%
Original Mortgage
$860,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 1980
Bought by
Tocco Anthony J and Tocco Barbara L
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heighton Jeffrey S | $1,075,000 | -- | |
| Tocco Anthony J | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heighton Jeffrey S | $100,000 | |
| Open | Heighton Jeffrey S | $817,000 | |
| Closed | Heighton Jeffrey S | $860,000 | |
| Closed | Heighton Jeffrey S | $161,250 | |
| Previous Owner | Tocco Anthony J | $750,000 | |
| Previous Owner | Tocco Anthony J | $250,000 | |
| Previous Owner | Tocco Anthony J | $50,000 | |
| Previous Owner | Tocco Anthony J | $220,000 | |
| Previous Owner | Tocco Anthony J | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2017 09/15/17 | Sold | $1,075,000 | -10.3% | $237 / Sq Ft |
| 07/01/2017 07/01/17 | Pending | -- | -- | -- |
| 06/19/2017 06/19/17 | Price Changed | $1,199,000 | -7.7% | $264 / Sq Ft |
| 05/02/2017 05/02/17 | Price Changed | $1,299,000 | -7.1% | $287 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $1,399,000 | -- | $309 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $133 | $1,346,300 | $557,400 | $788,900 |
| 2024 | $13,305 | $1,339,900 | $557,400 | $782,500 |
| 2023 | $12,571 | $1,206,400 | $497,100 | $709,300 |
| 2022 | $12,332 | $1,166,700 | $482,100 | $684,600 |
| 2021 | $12,221 | $1,116,100 | $482,100 | $634,000 |
| 2020 | $12,335 | $1,116,300 | $482,100 | $634,200 |
| 2019 | $10,981 | $1,015,800 | $431,100 | $584,700 |
| 2018 | $11,067 | $976,800 | $392,100 | $584,700 |
| 2017 | $10,798 | $915,100 | $392,100 | $523,000 |
| 2016 | $9,609 | $779,300 | $339,600 | $439,700 |
| 2015 | $9,879 | $762,300 | $339,600 | $422,700 |
| 2014 | $10,024 | $754,800 | $332,100 | $422,700 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Vita
Seller's Agent in 2017
Philip Vita
Compass
59 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72140898
APN: MELR-000008A-000000-000039
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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