Seller's Agent in 2020
Lesley Smith
Barrett Sotheby's International Realty
(781) 405-2991
6 in this area
59 Total Sales
7 Indian Hill Ln Melrose, MA 02176
Melrose East Side NeighborhoodEstimated Value: $1,862,000 - $2,106,000
4
Beds
4
Baths
4,916
Sq Ft
$406/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Balcony
- Winthrop Elementary School Rated A
- Attic
- Patio
About This Home
As of September 2020One of Melrose's most admired homes is available to you for the first time ever! This stunning brick colonial is set on a scenic cul-de-sac abutting conservation land for the utmost privacy and serenity. This beautiful home was built in 1995 w/ every attention to detail & top of the line systems. Soaring ceilings, custom moldings, 2 wood burning FPs, open floor plan, hardwood floors, C/A and a massive 3 car garage perfect for every car enthusiast. First level consists of large open kitchen and dining area, formal living room, dining room, family room, home office, sunroom and deck overlooking the yard. The second level consists of 4 generous bedrooms including a master en-suite. The lower level is a full walk-out family room with bathroom, pool table and entertainment center. This level has potential in-law suite space as well. Massive walk up attic for lots of storage. Brand new roof, freshly painted exterior, and new asphalt driveway are just a few recent updates.
Last Agent to Sell the Property
Barrett Sotheby's International Realty Listed on: 07/28/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $171
Year Built
- Built in 1995
Lot Details
- Year Round Access
- Sprinkler System
- Property is zoned SRB
Parking
- 3 Car Garage
Flooring
- Wood
- Wall to Wall Carpet
- Stone
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Hot Water Baseboard Heater
- Heating System Uses Oil
Additional Features
- Attic
- Basement
Listing and Financial Details
- Assessor Parcel Number M:G10 P:00050B4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2020
Closed on
Sep 28, 2020
Sold by
Kenneth J Powers Ft
Bought by
Lloyd Michael D and Lloyd Maryelizabeth K
Seller's Agent
Lesley Smith
Barrett Sotheby's International Realty
Buyer's Agent
Lesley Smith
Barrett Sotheby's International Realty
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
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
$494,624
Avg. Annual Appreciation
5.78%
Original Mortgage
$1,200,000
Outstanding Balance
$1,064,492
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$910,624
Purchase Details
Closed on
Sep 2, 2016
Sold by
Powers Kenneth J and Powers Maryann
Bought by
Maryann Powers Ft
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lloyd Michael D | $1,500,000 | None Available | |
| Maryann Powers Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lloyd Michael D | $500,000 | |
| Closed | Lloyd Michael D | $320,000 | |
| Open | Lloyd Michael D | $1,200,000 | |
| Previous Owner | Evergreen Equities Llc | $405,000 | |
| Previous Owner | Powers Kenneth J | $500,000 | |
| Previous Owner | Powers Kenneth | $300,000 | |
| Previous Owner | Powers Kenneth J | $50,000 | |
| Previous Owner | Powers Kenneth J | $282,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2020 09/29/20 | Sold | $1,500,000 | -6.2% | $305 / Sq Ft |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $1,599,000 | -- | $325 / 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 | $171 | $1,725,100 | $527,600 | $1,197,500 |
| 2024 | $17,130 | $1,725,100 | $527,600 | $1,197,500 |
| 2023 | $16,221 | $1,556,700 | $470,500 | $1,086,200 |
| 2022 | $15,690 | $1,484,400 | $456,200 | $1,028,200 |
| 2021 | $13,775 | $1,258,000 | $456,200 | $801,800 |
| 2020 | $13,899 | $1,257,800 | $456,200 | $801,600 |
| 2019 | $7,034 | $1,142,800 | $407,800 | $735,000 |
| 2018 | $12,528 | $1,105,700 | $370,700 | $735,000 |
| 2017 | $12,392 | $1,050,200 | $370,700 | $679,500 |
| 2016 | $11,887 | $964,100 | $320,800 | $643,300 |
| 2015 | $11,319 | $873,400 | $320,800 | $552,600 |
| 2014 | $11,504 | $866,300 | $313,700 | $552,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lesley Smith
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72698202
APN: MELR-000010G-000000-000050B-000004
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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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