Louise Brochu
Cameron Prestige, LLC
(603) 932-5497
81 Total Sales
1 in Melrose Highlands
$417,000 Price
700 Franklin St Melrose, MA 02176
Melrose Highlands NeighborhoodEstimated Value: $1,363,000 - $1,751,766
7
Beds
4
Baths
4,932
Sq Ft
$311/Sq Ft
Est. Value
About This Home
As of January 2016Rare opportunity to purchase a landmark 4 family home in Melrose, the hottest zip code in the U.S. according to an August 2015 Realtor.com report. Perfect for investment or condo conversion (condo documents have already been drafted). 700 Franklin Street is a one-of-a-kind, turn-of-the-century architectural gem built by a local carpenter in the Italian Renaissance style. Custom woodwork, hand craftsmanship and attention to detail are evident throughout the home including moldings, mantels, columns and staircases. Units 1 and 3 are bright and sunny open concept 1 bed, 1 bath homes. Units 2 and 4 are bright and spacious top floor units over 2 living levels. Unit 2 is a 2 bed, 1 bath. Unit 4 is a 3 bed, 1 bath. Separately metered utilities. Separate laundry and private storage in the basement. Off street parking for 6 cars including a 3 car garage. Ideally located less than a quarter mile to the Melrose Highlands Commuter Rail Station and on the bus line to the Orange Line at Oak Grove.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 12/02/2015
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Property Details
Home Type
Multi-Family
Year Built
1890
Lot Details
9,583 Sq Ft Lot
Listing Details
- Lot Description: Corner, Paved Drive, Shared Drive, Level
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 6
- Year Built: 1890
Interior Features
- Fireplaces: 6
- Has Basement: Yes
- Fireplaces: 6
- Number of Rooms: 21
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, T-Station
- Energy: Storm Windows
- Flooring: Tile, Hardwood
- Basement: Full, Walk Out, Interior Access
Exterior Features
- Roof: Slate, Rubber
- Exterior: Stucco
- Exterior Features: Porch, Deck - Wood, Screens
- Foundation: Concrete Block
Garage/Parking
- Garage Spaces: 3
- Parking: Off-Street, Stone/Gravel, Paved Driveway
- Parking Spaces: 3
Utilities
- Heat Zones: 4
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 4
Lot Info
- Zoning: URA
Multi Family
- Heat Units: 4
- Common Room: Laundry
- Total Bedrooms: 7
- Total Fireplaces: 6
- Total Floors: 6
- Total Full Baths: 4
- Total Levels: 3
- Total Rms: 21
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
Dec 2, 2015
Closed on
Jan 29, 2016
Sold by
Petmar Rt and Nuytkens
Bought by
Seller's Agent
Anthony Bruno
Gibson Sotheby's International Realty
Buyer's Agent
Philip Vita
Compass
List Price
$885,000
Sold Price
$906,000
Premium/Discount to List
$21,000
2.37%
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
$628,442
Avg. Annual Appreciation
5.09%
Original Mortgage
$724,800
Outstanding Balance
$562,592
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$971,850
Purchase Details
Closed on
Mar 30, 2007
Sold by
Petmar Rt and Nuytkens
Bought by
Petmar Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.33%
Purchase Details
Closed on
Apr 6, 2001
Sold by
Motta Joseph and Motta Maria G
Bought by
Nuytkens Peter R and Nuytkens Margaret H
Purchase Details
Closed on
Jul 17, 1989
Sold by
Rose Robert
Bought by
Motta Maria
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melrose Highlands, MA
-
Louise Brochu
-
Nick Cuevas
Nick Cuevas
Compass
(781) 776-5198
72 Total Sales
1 in Melrose Highlands
$305,000 Price
-
John Silk
John Silk
Responds QuicklyEngel & Volkers Boston
(508) 762-1632
72 Total Sales
1 in Melrose Highlands
$522,500 Price
-
Donald Cranley
Donald Cranley
Leading Edge Real Estate
(781) 782-2865
41 Total Sales
3 in Melrose Highlands
$390K - $1.2M Price Range
-
LaVerne Merritt
LaVerne Merritt
C. Devon's Homes, LLC
(857) 271-5248
5 Total Sales
1 in Melrose Highlands
$599,000 Price
-
Rachel Hillman Foy
Rachel Hillman Foy
Hillman Homes
(774) 806-8325
139 Total Sales
1 in Melrose Highlands
$711,000 Price
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 |
|---|---|---|---|
| $906,000 | -- | ||
| Petmar Rt | -- | -- | |
| Petmar Rt | -- | -- | |
| Nuytkens Peter R | $650,000 | -- | |
| Motta Maria | $373,000 | -- |
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 | -- | $724,800 | |
| Previous Owner | Petmar Rt | $200,000 | |
| Closed | Petmar Rt | $100,000 | |
| Previous Owner | Petmar Rt | $50,000 | |
| Closed | Petmar Rt | $75,000 | |
| Previous Owner | -- | $400,000 |
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 |
|---|---|---|---|---|
| 01/29/2016 01/29/16 | Sold | $906,000 | -- | $184 / 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 | $136 | $1,370,700 | $458,900 | $911,800 |
| 2024 | $13,477 | $1,357,200 | $445,400 | $911,800 |
| 2023 | $11,491 | $1,102,800 | $404,900 | $697,900 |
| 2022 | $11,657 | $1,102,800 | $404,900 | $697,900 |
| 2021 | $11,128 | $1,016,300 | $377,900 | $638,400 |
| 2020 | $10,577 | $957,200 | $337,500 | $619,700 |
| 2019 | $9,863 | $912,400 | $311,800 | $600,600 |
| 2018 | $9,800 | $865,000 | $283,500 | $581,500 |
| 2017 | $10,351 | $877,200 | $270,000 | $607,200 |
| 2016 | $11,476 | $930,700 | $263,200 | $667,500 |
| 2015 | $11,396 | $879,300 | $229,500 | $649,800 |
| 2014 | $10,550 | $794,400 | $202,500 | $591,900 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Bruno
Seller's Agent in 2016
Anthony Bruno
Gibson Sothebys International Realty
(617) 963-3378
3 in this area
52 Total Sales
-
Philip Vita
Buyer's Agent in 2016
Philip Vita
Compass
(781) 729-4663
61 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71937668
APN: MELR-000012B-000000-000069
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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