M
Seller's Agent in 2016
Mark Hutchinson
Brad Hutchinson Real Estate
92 Lake Ave Melrose, MA 02176
Downtown Melrose NeighborhoodEstimated Value: $1,002,000 - $1,057,000
4
Beds
2
Baths
2,653
Sq Ft
$387/Sq Ft
Est. Value
About This Home
As of June 2016Wonderful 2 family home in a perfect commuter location just one block away from Melrose Cedar Park station. Access to both units through a common screened-in porch. The upstairs unit opens up to a spacious two story home with 3-4 bright and sunny bedrooms. There is also a formal dining room, living room and a small deck off of the newly renovated kitchen. The first floor unit is a one bedroom with beautiful french doors, large windows and an eat in kitchen. Hardwood floors throughout both units. Outside living offers fenced in privacy with a patio and ample green space, accessible from both units. Detached 1-2 car garage with 3 additional parking spaces. Large storage and separate laundry in the basement. A great opportunity for 'single family' living with some additional income or possible conversion back to a large single family home.
Last Agent to Sell the Property
Mark Hutchinson
Brad Hutchinson Real Estate Listed on: 04/27/2016
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$86
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Corner
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Fireplaces: 1
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 10
- Amenities: Public Transportation, Shopping
- Electric: 200 Amps
- Energy: Insulated Windows, Storm Doors
- Flooring: Wood, Hardwood
- Basement: Full, Interior Access, Unfinished Basement
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch - Screened, Deck, Balcony, Fenced Yard
- Foundation: Fieldstone
Garage/Parking
- Garage Spaces: 1
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Heat Zones: 2
- Hot Water: Natural Gas
- Utility Connections: for Electric Range, for Electric Dryer
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: MWRA
Condo/Co-op/Association
- Total Units: 2
Schools
- Middle School: Veterans Mem.
- High School: Mhs
Lot Info
- Assessor Parcel Number: M:0B9 P:0000114
- Zoning: URB
Multi Family
- Appliances Common: Washer, Dryer
- Heat Units: 2
- Common Room: Laundry
- Total Bedrooms: 4
- Total Fireplaces: 1
- Total Floors: 3
- Total Full Baths: 2
- Total Levels: 3
- Total Rms: 10
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2016
Closed on
Jun 16, 2016
Sold by
Sandler Erik D and Sandler Stephanie C
Bought by
Stringer Steven J
Seller's Agent
Mark Hutchinson
Brad Hutchinson Real Estate
Buyer's Agent
Amber Orton
Lyv Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
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
$351,985
Avg. Annual Appreciation
4.80%
Original Mortgage
$555,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2010
Sold by
Lake Avenue Calabro Rt
Bought by
Sandler Erik D and Sandler Stephanie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Stringer Steven J | $675,000 | -- | |
| Sandler Erik D | $460,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stringer Steven J | $547,539 | |
| Closed | Stringer Steven J | $515,000 | |
| Closed | Stringer Steven J | $555,000 | |
| Previous Owner | Sandler Erik D | $300,000 | |
| Previous Owner | Calabro Stephen A | $74,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2016 06/16/16 | Sold | $675,000 | +3.8% | $254 / Sq Ft |
| 05/05/2016 05/05/16 | Pending | -- | -- | -- |
| 04/27/2016 04/27/16 | For Sale | $650,000 | -- | $245 / 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 | $86 | $865,800 | $478,900 | $386,900 |
| 2024 | $8,382 | $844,100 | $478,900 | $365,200 |
| 2023 | $8,157 | $782,800 | $427,100 | $355,700 |
| 2022 | $7,875 | $745,000 | $401,200 | $343,800 |
| 2021 | $7,312 | $667,800 | $362,400 | $305,400 |
| 2020 | $7,336 | $663,900 | $362,400 | $301,500 |
| 2019 | $6,694 | $619,200 | $327,500 | $291,700 |
| 2018 | $6,566 | $579,500 | $297,700 | $281,800 |
| 2017 | $6,383 | $540,900 | $284,800 | $256,100 |
| 2016 | $6,117 | $496,100 | $271,800 | $224,300 |
| 2015 | $6,185 | $477,200 | $258,900 | $218,300 |
| 2014 | $5,875 | $442,400 | $245,900 | $196,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Amber Orton
Buyer's Agent in 2016
Amber Orton
Lyv Realty
(978) 500-5095
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71995185
APN: MELR-000009B-000000-000114
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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