NOT LISTED FOR SALE

Estimated Value: $934,000 - $977,000

5 Beds
2 Baths
3,374 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $900,000 $267 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,013/month

22 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Winthrop Elementary School Rated A
  • Property is near public transit and schools
  • Attic

About This Home

As of December 2024

Welcome to this expansive, 14 room two-family home in Melrose. This property is a true gem awaiting your personal touches! This large property offers an exceptional canvas for customization, whether you're looking to create a perfect owner-occupied residence or add a valuable asset to your investment portfolio. The home features beautiful hardwood floors, high ceilings, and nice layouts. The first floor includes two generous bedrooms and a spacious front living room that has the potential to be converted into a third bedroom. Upstairs, you'll find a similarly spacious layout with endless possibilities—generous room sizes, high ceilings, hardwood floors, and a walk-up attic ready for your vision and renovation ideas. Don't miss this opportunity to transform this two-family property into a space that meets all your needs and brings out its full potential! All of this in a convenient location in Melrose.

Last Agent to Sell the Property

Tina Crowley

Compass Listed on: 10/29/2024

Compass

Last Buyer's Agent

John Costello

Costello Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,584

Year Built

  • Built in 1910

Lot Details

  • 7,701 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 3,374 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Storage
  • Attic

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 655136

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,584

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Varies, Hardwood, Wood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Cedar Closet(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Internet Available - Unknown, Floored Attic, Walk-Up Attic, Heated Attic, Storage, Living Room, Dining Room, Kitchen, Office/Den, Sunroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3374
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Picture Window
  • MAIN LO: AN2383
  • MAIN SO: AN5460

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas, Individual
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 655136
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7701
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9584

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Joanne T Sammataro Ret and Sammataro
Bought by
Joanne T Sammataro Irt and Merenda
Current Estimated Value
$956,942

Purchase Details

Closed on
Aug 31, 2021
Sold by
Newton Fab Llc
Bought by
77 Rowe St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,527,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2019
Sold by
Sammataro Joanne T
Bought by
Joanne T Sammataro Ret and Sammataro

Purchase Details

Closed on
Oct 1, 1997
Sold by
Wellco Newton Lp
Bought by
Ade Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joanne T Sammataro Irt -- None Available
Joanne T Sammataro Irt -- None Available
Joanne T Sammataro Irt -- None Available
77 Rowe St Llc $19,350,000 None Available
Joanne T Sammataro Ret -- --
Joanne T Sammataro Ret -- --
Ade Corp $3,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 77 Rowe St Llc $15,527,000
Previous Owner Ade Corp $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $900,000 -9.5% $267 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $995,000 -- $295 / 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 $102 $1,025,800 $435,900 $589,900
2024 $9,584 $965,200 $409,500 $555,700
2023 $9,780 $938,600 $396,300 $542,300
2022 $9,724 $920,000 $396,300 $523,700
2021 $9,200 $840,200 $369,900 $470,300
2020 $8,775 $794,100 $330,200 $463,900
2019 $8,145 $753,500 $305,100 $448,400
2018 $8,047 $710,200 $277,400 $432,800
2017 $7,748 $656,600 $264,200 $392,400
2016 $7,433 $602,800 $257,600 $345,200
2015 $7,440 $574,100 $231,200 $342,900
2014 $6,807 $512,600 $204,800 $307,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73307286

MLS Property Information Network (MLS PIN)

APN: MELR-000009D-000000-000071