Seller's Agent in 2021
Ramsay Fretz
Leading Edge Real Estate
(617) 502-6500
3 in this area
95 Total Sales
8 Summer St Melrose, MA 02176
Oak Grove-Pine Banks NeighborhoodEstimated Value: $1,071,000 - $1,206,000
7
Beds
2
Baths
2,750
Sq Ft
$407/Sq Ft
Est. Value
About This Home
As of December 2021Grand two family home in prime melrose location. "owners unit" consists of 3 beds + main level office. Large living room opens up to the formal dining space and renovated kitchen. Kitchen boasts quartz counters, shaker cabinets and bar seating. Hardwood floors throughout each unit. Recently repainted exterior, with new porches front and rear. Beauty is not skin deep, with fully separated utilities, including recently updated electric, newer heating systems and hot water tanks. Fantastic downtown location close to the commuter rail and the oak grove bus stop. Unit 2 will be delivered vacant and unit 1 has a lease through august 2022 for 2200 per month.
Last Buyer's Agent
Russell Chin
Chin Law Offices
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 4,792
Interior Spaces
- Property has 2 Levels
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2021
Closed on
Dec 1, 2021
Sold by
Buckwell Daniel
Bought by
Zhan Zhi F and Miao Ying
Seller's Agent
Ramsay Fretz
Leading Edge Real Estate
Buyer's Agent
Russell Chin
Chin Law Offices
List Price
$949,000
Sold Price
$970,000
Premium/Discount to List
$21,000
2.21%
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
$149,869
Avg. Annual Appreciation
3.57%
Original Mortgage
$727,500
Outstanding Balance
$668,930
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$450,939
Purchase Details
Closed on
Oct 29, 2013
Sold by
Fasano Rt
Bought by
Buckwell Daniel and Buckwell Cara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2010
Sold by
Fasano Nicholas and Fasano Lola A
Bought by
Fasano Rt and Fasano Lola A
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 |
|---|---|---|---|
| Zhan Zhi F | $970,000 | None Available | |
| Buckwell Daniel | $490,000 | -- | |
| Fasano Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhan Zhi F | $727,500 | |
| Previous Owner | Buckwell Daniel | $392,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $970,000 | +2.2% | $353 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $949,000 | -- | $345 / 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 | $85 | $859,200 | $416,800 | $442,400 |
| 2024 | $8,001 | $805,700 | $389,900 | $415,800 |
| 2023 | $8,029 | $770,500 | $363,000 | $407,500 |
| 2022 | $7,849 | $742,600 | $349,600 | $393,000 |
| 2021 | $7,554 | $689,900 | $336,100 | $353,800 |
| 2020 | $7,269 | $657,800 | $309,200 | $348,600 |
| 2019 | $6,200 | $573,500 | $295,800 | $277,700 |
| 2018 | $5,813 | $513,100 | $245,400 | $267,700 |
| 2017 | $5,630 | $477,100 | $235,300 | $241,800 |
| 2016 | $5,169 | $419,200 | $208,400 | $210,800 |
| 2015 | $5,413 | $417,700 | $208,400 | $209,300 |
| 2014 | $4,846 | $364,900 | $191,600 | $173,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ramsay Fretz
-
R
Buyer's Agent in 2021
Russell Chin
Chin Law Offices
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72907078
APN: MELR-000006C-000000-000137
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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