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148 Myrtle Street # 4, Melrose MA 02176

Melrose, MA 02176
$1,295,000
Est. $7,245/month
3
Beds
3.5
Baths
2,932
Sq Ft
$442
Price/Sq Ft
2024
Year Built
106
Days on Market
Closed Listed May 1, 2024 • MLS# 73231401 Copied!

About this home

Melrose's first all electric, high performance, Net Zero capable residences, Designed for maximum efficiency, comfort and health of the residents. Ideal central location with easy access to restaurants, shops & commuting. This complex has a solar array installed on the roof, super high efficiency heat pump for heating and cooling, triple pane European windows super tight envelope with insulation that exceeds the MA building code by 30% and a parking spot that is EV charging port ready. Unit 4 has open concept first floor plan, half bath and sliders to an exclusive expanded patio. Second floor has two bedrooms including a second primary bedroom with walk in closet and large full bath. Third floor offers a glorious big bright sunny bedroom with large bath, white marble floor, double sinks, shower and a separate soaking tub with large walk in closet. Lower level is a huge bonus space for media, office, gym with natural light. 148 Myrtle has a walk score of 94.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,932 sq ft
Total Rooms
6
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,200,000
Final Sale Price: $1,295,000
Difference: +$95,000 (+7.9%)
Performance Metrics
107.9%
List to Sale Ratio
Sold above asking price
106
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $409
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 7.9% above the original asking price, indicating strong buyer demand.

At 106 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$442/sq ft
Area Average
$276/sq ft
Difference
+60.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 2024
Living Area 2,932 sq ft
Bedrooms 3
Full Baths 3
Half Baths 1
Total Rooms 6

Interior

Heating Heat Pump, Individual, Active Solar, Ductless
Cooling Heat Pump, Individual, Active Solar, Ductless
Flooring Engineered Hardwood, Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features Walk-in Closet(s), Recessed Lighting, Media Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Paved
Total Spaces 1

Utilities

Electric 110 Volts, Circuit Breakers, 200+ Amp Service
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Engineered Hardwood, Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker
Interior Features: Walk-In Closet(s), Recessed Lighting, Media Room
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Heat Pump, Individual, Active Solar, Ductless
Cooling: Heat Pump, Individual, Active Solar, Ductless
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Paved

Location

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Neighborhood

148 Myrtle Street # 4, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

3 schools
St. Mary Elementary School
0.4 mi
Grades PK-08
A
Lincoln School
0.5 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Roosevelt School
0.6 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
H

High Schools

1 school
A-
Stoneham High School
1.5 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $497/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

112
Total Days on Market

Property Timeline

Sold
Aug 29, 2024
$1,295,000
Property sold
Days on Market: 112
🏠
Listed for Sale
May 1, 2024
$1,295,000
Original listing
Agent: Paul C. Coogan Office: Brad Hutchinson Real Estate

Price & Status History

Date Event Price Change
May 1, 2024 New Listing Added $1,295,000

Market Statistics

Days on Market
106 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2024 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2024
HOA Fee
$497
Monthly
Assessed Value
$0

Listing Information

Listing Agent Paul C. Coogan
Listing Office Brad Hutchinson Real Estate
Agent MLS ID B0429315
Office MLS ID B11101
Listing Data Updated Sep 3, 2024 10:33 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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BMN Boston Real Estate

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