NOT LISTED FOR SALE

87 1st St Melrose, MA 02176

Melrose East Side Neighborhood

Estimated Value: $1,260,000 - $1,317,000

3 Beds
3 Baths
2,456 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $738,000 $300 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,526/month

5 Days on Market

About This Home

As of November 2016

GORGEOUS AND FULLY RENOVATED VICTORIAN IN THE HIGHLY DESIRABLE MT HOOD AREA EAST SIDE OF MELROSE. Steps to Melrose Common and Winthrop Elem. School, this gem is updated w/ beautiful features. Kitchen boasts SS appliances, under counter lighting, granite counters and peninsula with shaker style trendy white cabinetry. Newly finished hardwood floors throughout w/ espresso finish. Dining and living rms feature original crown molding w/ fireplace in the dining room. Master BR has a 3/4 bath with lovely finishes. 2 more bedrooms on the 2nd floor and unique family room on the finished 3rd floor which could be easily changed into a 4th bedroom. The basement has been finished for an office and small playroom. Laundry room finishes out the lower space w/ walk out to the spacious manicured backyard. The outdoor space has a new patio and deck along with 1 car garage. All systems are brand new, i.e., a/c, heating unit & electrical panel. First open house Sun. 9/25 11-12:30. Don't miss this one!

Last Agent to Sell the Property

Joseph Duggan

Trinity Real Estate Listed on: 09/22/2016

Last Buyer's Agent

Lorraine Gately

Compass

Compass

Home Details

Home Type

Single Family

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Vent Hood
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Tile, Hardwood, Stone / Slate, Wood Laminate
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Basement: Full, Finished, Walk Out, Interior Access
  • Bedroom 2: Second Floor, 11X12
  • Bedroom 3: Second Floor, 11X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 11X17
  • Laundry Room: Basement, 11X6
  • Living Room: First Floor, 12X15
  • Master Bedroom: Second Floor, 12X13
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Hardwood, Remodeled
  • Dining Room: First Floor, 12X14
  • Family Room: Third Floor, 13X27
  • Oth1 Room Name: Office
  • Oth1 Dimen: 11X15
  • Oth1 Dscrp: Flooring - Laminate, Exterior Access, Remodeled
  • Oth2 Room Name: Play Room
  • Oth2 Dimen: 10X12
  • Oth2 Dscrp: Flooring - Laminate, Exterior Access, Remodeled

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch, Deck, Patio, Gutters
  • Foundation: Fieldstone, Irregular

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: URA

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 14, 2016
Sold by
Qiong Lin
Bought by
Welsh Paul M and Welsh Colleen H
Seller's Agent
Joseph Duggan
Trinity Real Estate
Buyer's Agent
Lorraine Gately
Compass
List Price
$719,000
Sold Price
$738,000
Premium/Discount to List
$19,000
2.64%
Current Estimated Value
$1,291,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,285
Avg. Annual Appreciation
6.28%
Original Mortgage
$523,250
Outstanding Balance
$422,055
Interest Rate
3.57%
Estimated Equity
$869,230

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 6, 2016
Sold by
Hardy Monica F
Bought by
Lin Qiong
Seller's Agent
William McLaughlin
Cameron Prestige, LLC
Buyer's Agent
Joseph Duggan
Trinity Real Estate
List Price
$469,000
Sold Price
$529,000
Premium/Discount to List
$60,000
12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welsh Paul M -- --
Lin Qiong $529,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Paul M $523,250
Closed Welsh Paul M --
Previous Owner Welsh Paul M $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2016 11/14/16 Sold $738,000 +2.6% $300 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $719,000 +35.9% $293 / Sq Ft
05/06/2016 05/06/16 Sold $529,000 +12.8% $310 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $469,000 -- $274 / 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 $10,095 $1,019,700 $462,800 $556,900
2024 $9,163 $922,800 $434,800 $488,000
2023 $7,054 $677,000 $420,800 $256,200
2022 $7,058 $667,700 $420,800 $246,900
2021 $6,839 $624,600 $392,700 $231,900
2020 $6,441 $582,900 $350,600 $232,300
2019 $5,811 $537,600 $324,000 $213,600
2018 $5,757 $508,100 $294,500 $213,600
2017 $5,526 $468,300 $280,500 $187,800
2016 $5,382 $436,500 $273,500 $163,000
2015 $5,172 $399,100 $245,400 $153,700
2014 $4,928 $371,100 $217,400 $153,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph Duggan

    Seller's Agent in 2016

    Joseph Duggan

    Trinity Real Estate

    (617) 230-3957

    47 Total Sales

    Joseph Duggan
    Section Image
  • Lorraine Gately

    Buyer's Agent in 2016

    Lorraine Gately

    Compass

    (781) 307-1243

    12 in this area

    37 Total Sales

    Lorraine Gately
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72071447

MLS Property Information Network (MLS PIN)

APN: MELR-000008E-000000-000120

Massachusetts Middlesex County Melrose 02176 Melrose East Side

87 1st St, Melrose, MA

Not Listed for Sale

Detached

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes