85 Baxter St Melrose, MA 02176
Wyoming NeighborhoodEstimated Value: $699,000 - $917,000
4
Beds
2
Baths
1,633
Sq Ft
$491/Sq Ft
Est. Value
About This Home
As of March 2016LEGAL TWO FAMILY, (see occupancy permit attached to listing). Come and discover the spacious rooms, hardwood floors, sunroom, and sun-filled deck overlooking large yard. Close to all major routes, train and Melrose center with all its fabulous shops and restaurants. Great income property, or single-family living with rental income. A must see! House is currently vacant, but last rents as of August 2015, were smaller unit was $950.00 per month large unit $2,100 per month. Property is in "fair" condition and needs work. For those with vision looking to build equity! A super investment in your future in Melrose, where values are "sky rocketing." Sold and priced "AS IS."
Last Agent to Sell the Property
Diane Giglio
Colonial Manor Realty License #448500303 Listed on: 10/18/2015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2015
Closed on
Mar 17, 2016
Sold by
Clark Brendon and Peerson Eric
Bought by
Ajayi Esther
Seller's Agent
Diane Giglio
Colonial Manor Realty
Buyer's Agent
Lucy Mbugua
Primary Homes Realty LLC
List Price
$424,895
Sold Price
$400,000
Premium/Discount to List
-$24,895
-5.86%
Total Days on Market
80
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
$402,279
Avg. Annual Appreciation
7.85%
Original Mortgage
$345,950
Interest Rate
3.72%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 30, 2007
Sold by
Crespo-Gomez Josephine
Bought by
Clark Brendon and Pederson Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,790
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 2003
Sold by
Jacobs Tina M and Martone Tina M
Bought by
Crespo-Gomez Josephine
Purchase Details
Closed on
Feb 4, 1999
Sold by
Fay E Louise
Bought by
Jacobs William T and Martone Tina 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ajayi Esther | $400,000 | -- | |
| Clark Brendon | $398,000 | -- | |
| Clark Brendon | $398,000 | -- | |
| Clark Brendon | $398,000 | -- | |
| Crespo-Gomez Josephine | $344,500 | -- | |
| Crespo-Gomez Josephine | $344,500 | -- | |
| Jacobs William T | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ajayi Esther | $366,300 | |
| Closed | Ajayi Esther | $345,950 | |
| Previous Owner | Clark Brendon | $371,237 | |
| Previous Owner | Jacobs William T | $389,252 | |
| Previous Owner | Clark Brendon | $391,790 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2016 03/17/16 | Sold | $400,000 | -1.2% | $245 / Sq Ft |
| 01/06/2016 01/06/16 | Pending | -- | -- | -- |
| 12/14/2015 12/14/15 | Price Changed | $405,000 | -4.7% | $248 / Sq Ft |
| 11/29/2015 11/29/15 | For Sale | $424,895 | 0.0% | $260 / Sq Ft |
| 11/27/2015 11/27/15 | Pending | -- | -- | -- |
| 11/24/2015 11/24/15 | Price Changed | $424,895 | 0.0% | $260 / Sq Ft |
| 11/21/2015 11/21/15 | For Sale | $424,900 | 0.0% | $260 / Sq Ft |
| 11/13/2015 11/13/15 | Pending | -- | -- | -- |
| 11/03/2015 11/03/15 | Price Changed | $424,900 | -3.4% | $260 / Sq Ft |
| 10/18/2015 10/18/15 | For Sale | $439,900 | -- | $269 / 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 | $69 | $699,000 | $485,500 | $213,500 |
| 2024 | $6,713 | $676,000 | $471,200 | $204,800 |
| 2023 | $6,457 | $619,700 | $428,400 | $191,300 |
| 2022 | $6,486 | $613,600 | $428,400 | $185,200 |
| 2021 | $6,201 | $566,300 | $399,800 | $166,500 |
| 2020 | $5,791 | $524,100 | $357,000 | $167,100 |
| 2019 | $5,241 | $484,800 | $329,900 | $154,900 |
| 2018 | $5,153 | $454,800 | $299,900 | $154,900 |
| 2017 | $5,120 | $433,900 | $285,600 | $148,300 |
| 2016 | $5,048 | $409,400 | $278,400 | $131,000 |
| 2015 | $4,760 | $367,300 | $242,700 | $124,600 |
| 2014 | $4,499 | $338,800 | $214,200 | $124,600 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2016
Diane Giglio
Colonial Manor Realty
-
Lucy Mbugua
Buyer's Agent in 2016
Lucy Mbugua
Primary Homes Realty LLC
(508) 241-4486
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71920941
APN: MELR-000008A-000000-000081
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