NOT LISTED FOR SALE

71 W Highland Ave Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated Value: $964,000 - $1,296,000

5 Beds
3 Baths
3,252 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $542,500 $167 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,875/month

About This Home

As of January 2015

Space, condition, and location! Did we say space? Lots of it here - This lovingly cared for two family home sits on over 10,000 sq ft lot in Melrose Highlands - Offers excellent proximity to commuter train & bus, as well as schools and shopping. 5 spacious rms include a retro chic kitchen that is in nearly new condition! This apt offers space of a small single! Upstairs boasts 7rms, 3+BR, enormous kitchen, bright LR, 2 baths, and big cedar closet (ideal for off season attire!). Utilities are separate. Plenty of parking - Nicely maintained yard - Buyer to be aware that although owners know of no current issues, roof is beyond its life expectancy. See attachments for plot plan and deed that explains driveway maintenance. This is an ideal home for anyone looking for space of a single with a rental unit to assist with finances!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Jan 26, 2015
Sold by
Bramante Mary L Est
Bought by
Wells Jason R and Rossi Sandra E
Seller's Agent
Linda Hutchinson
Brad Hutchinson Real Estate
Buyer's Agent
John Bulman
Brad Hutchinson Real Estate
List Price
$579,000
Sold Price
$542,500
Premium/Discount to List
-$36,500
-6.3%
Current Estimated Value
$1,076,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,400
Avg. Annual Appreciation
6.52%
Original Mortgage
$482,800
Outstanding Balance
$364,785
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$692,214
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Wells Jason R $542,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Jason R $100,000
Closed Wells Jason R $25,000
Open Wells Jason R $482,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Sold $542,500 -6.3% $167 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $579,000 -- $178 / Sq Ft

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 $89 $903,800 $436,500 $467,300
2024 $8,582 $864,200 $423,700 $440,500
2023 $8,486 $814,400 $385,200 $429,200
2022 $8,454 $799,800 $385,200 $414,600
2021 $7,978 $728,600 $359,500 $369,100
2020 $7,573 $685,300 $321,000 $364,300
2019 $7,012 $648,700 $296,600 $352,100
2018 $6,906 $609,500 $269,600 $339,900
2017 $6,668 $565,100 $256,800 $308,300
2016 $6,817 $552,900 $250,400 $302,500
2015 $6,641 $512,400 $218,300 $294,100
2014 $6,065 $456,700 $192,600 $264,100
Source: Public Records

Agents Affiliated with this Home

  • Linda Hutchinson

    Seller's Agent in 2015

    Linda Hutchinson

    Brad Hutchinson Real Estate

    (781) 665-2222

    4 in this area

    18 Total Sales

    Section Image
  • John Bulman

    Buyer's Agent in 2015

    John Bulman

    Brad Hutchinson Real Estate

    (781) 252-2202

    9 in this area

    78 Total Sales

    Section Image
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Map

Massachusetts Middlesex County Melrose 02176 Melrose Highlands

71 W Highland Ave, Melrose, MA

This home is located at 71 W Highland Ave, Melrose, MA 02176 and is currently estimated at $1,120,634, approximately $344 per square foot. 71 W Highland Ave is a home located in Middlesex County with nearby schools including Horace Mann Elementary School, Roosevelt Elementary School, and Winthrop Elementary School.

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.

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