8 Glen Ave Melrose, MA 02176
Oak Grove-Pine Banks Neighborhood
6
Beds
2
Baths
1,989
Sq Ft
6,072
Sq Ft Lot
Highlights
- Golf Course Community
- Medical Services
- Cathedral Ceiling
- Lincoln Elementary School Rated A-
- Property is near public transit
- 2-minute walk to Lynde Park
About This Home
As of April 2025Looking for that great investment in Melrose. Well here is an affordable low maintenance two family home in a quiet neighborhood. Just a short walk and you are at the commuter rail or downtown Melrose with plenty of shopping and restaurants plus Pine Banks Park all very close by. Both units are three bedroom's each with happy tenants paying their own utilities. Each unit has a private storage shed, their own parking spaces, washer & dryer hook up's in unit. Some recent updates are a new roof, new Hardie siding & trim so very low maintenance and new electrical panels in each unit. Open house Saturday 3/8 12-1:30.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,661
Year Built
- Built in 1968
Lot Details
- 6,072 Sq Ft Lot
Home Design
- Manufactured Home on a slab
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,989 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Insulated Windows
- Living Room
- Range
- Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Shed
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Separate Meters
- 200+ Amp Service
- 110 Volts
Listing and Financial Details
- Total Actual Rent $5,300
- Assessor Parcel Number M:0D5 P:000075A,654537
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
Building Details
- Insurance Expense $1,647
- Water Sewer Expense $4,180
- Operating Expense $9,327
- Net Operating Income $54,273
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2025
Closed on
Apr 25, 2025
Sold by
Taglieri Ft and Taglieri
Bought by
Boucher Christopher and Feng Tingting
Seller's Agent
Kevin Kelleher
SmartHomes Realty
Buyer's Agent
Keystone Homes Group
Keller Williams Realty Boston Northwest
List Price
$820,000
Sold Price
$860,000
Premium/Discount to List
$40,000
4.88%
Views
48
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
$43,996
Avg. Annual Appreciation
19.50%
Original Mortgage
$645,000
Outstanding Balance
$644,434
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,562
Purchase Details
Closed on
Feb 3, 2021
Sold by
Taglieri Lisa N and Taglieri Gillian
Bought by
Taglieri Ft and Taglieri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,528
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 13, 2020
Sold by
Taglieri Lisa
Bought by
Taglieri Ft and Taglieri
Purchase Details
Listed on
Apr 8, 2015
Closed on
May 27, 2015
Sold by
Sullivan James P
Bought by
Taglieri Lisa
Seller's Agent
Kim Perrotti
Leading Edge Real Estate
Buyer's Agent
Kevin Kelleher
SmartHomes Realty
List Price
$375,000
Sold Price
$426,000
Premium/Discount to List
$51,000
13.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$396,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2014
Sold by
Sullivan Mary A and Grasso Helen M
Bought by
Sullivan James P
Purchase Details
Closed on
Oct 8, 2002
Sold by
Sullivan John M
Bought by
Sullivan James P
Purchase Details
Closed on
Nov 14, 1996
Sold by
Amadei Anita A
Bought by
Sullivan Helen M
Similar Homes in Melrose, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $860,000 | None Available | |
| Deed | $860,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $426,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $5,000 | -- | |
| Deed | $8,000 | -- | |
| Deed | $5,000 | -- | |
| Deed | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $645,000 | Purchase Money Mortgage | |
| Closed | $645,000 | Purchase Money Mortgage | |
| Previous Owner | $463,528 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $0 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $396,000 | New Conventional | |
| Previous Owner | $96,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $860,000 | +4.9% | $432 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $820,000 | +92.5% | $412 / Sq Ft |
| 05/27/2015 05/27/15 | Sold | $426,000 | +13.6% | $214 / Sq Ft |
| 04/27/2015 04/27/15 | Pending | -- | -- | -- |
| 04/08/2015 04/08/15 | For Sale | $375,000 | -- | $189 / 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 | $6,661 | $672,800 | $423,500 | $249,300 |
| 2024 | $6,277 | $632,100 | $396,200 | $235,900 |
| 2023 | $6,230 | $597,900 | $368,800 | $229,100 |
| 2022 | $6,099 | $577,000 | $355,200 | $221,800 |
| 2021 | $6,070 | $554,300 | $355,200 | $199,100 |
| 2020 | $5,796 | $524,500 | $327,900 | $196,600 |
| 2019 | $5,307 | $490,900 | $300,500 | $190,400 |
| 2018 | $4,910 | $433,400 | $249,300 | $184,100 |
| 2017 | $4,801 | $406,900 | $239,100 | $167,800 |
| 2016 | $4,373 | $354,700 | $204,900 | $149,800 |
| 2015 | $4,452 | $343,500 | $194,700 | $148,800 |
| 2014 | $4,146 | $312,200 | $177,600 | $134,600 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kevin Kelleher
SmartHomes Realty
(781) 710-4236
2 in this area
24 Total Sales
-
K
Buyer's Agent in 2025
Keystone Homes Group
Keller Williams Realty Boston Northwest
1 in this area
46 Total Sales
-
Seller's Agent in 2015
Kim Perrotti
Leading Edge Real Estate
(781) 254-5527
4 in this area
138 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73340668
APN: MELR-000005D-000000-000075A
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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