87 Wheeler Ave Melrose, MA 02176
Mount Hood NeighborhoodEstimated Value: $982,000 - $1,054,000
4
Beds
3
Baths
2,500
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 87 Wheeler Ave, Melrose, MA 02176 and is currently estimated at $1,016,935, approximately $406 per square foot. 87 Wheeler Ave is a home located in Middlesex County with nearby schools including Winthrop Elementary School, Hoover Elementary School, and Lincoln Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2025
Sold by
Decroteau Mark C and Decroteau Tammie A
Bought by
Doyle Patrick W and Doyle Kaleigh
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$720,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$296,935
Purchase Details
Closed on
Mar 7, 1997
Sold by
Tura Peter C and Tura Louise R
Bought by
Decroteau Mark C and Decroteau Tammie A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Doyle Patrick W | $900,000 | -- | |
| Decroteau Mark C | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doyle Patrick W | $720,000 | |
| Previous Owner | Decroteau Mark C | $355,000 | |
| Previous Owner | Decroteau Mark C | $30,000 |
Source: Public Records
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 | $72 | $731,600 | $421,300 | $310,300 |
| 2024 | $6,995 | $704,400 | $394,100 | $310,300 |
| 2023 | $6,777 | $650,400 | $366,900 | $283,500 |
| 2022 | $6,619 | $626,200 | $353,300 | $272,900 |
| 2021 | $6,673 | $609,400 | $339,700 | $269,700 |
| 2020 | $6,434 | $582,300 | $312,500 | $269,800 |
| 2019 | $5,896 | $545,400 | $299,000 | $246,400 |
| 2018 | $5,568 | $491,400 | $248,000 | $243,400 |
| 2017 | $5,459 | $462,600 | $237,800 | $224,800 |
| 2016 | $5,301 | $429,900 | $210,600 | $219,300 |
| 2015 | $5,189 | $400,400 | $210,600 | $189,800 |
| 2014 | $5,092 | $383,400 | $193,600 | $189,800 |
Source: Public Records
Map
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