2 Grove Place, Melrose MA 02176
Melrose, MA 02176
$449,900
$424,900
Est. $2,594/month
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Open House Schedule
23
Aug
Sunday, August 23
12:00 PM - 1:30 PM EDT
About this home
BACK ON MARKET - Buyer financing fell through. Don't miss your second chance!! - Discover a rare opportunity with this charming single-family home offering a unique blend of historic character and modern potential. Built in 1900 and thoughtfully arranged, this home delivers efficient, low-maintenance living without sacrificing comfort or convenience. Step inside to find two bedrooms and a full bath, creating a cozy and functional layout ideal for first-time buyers, downsizers, or anyone seeking a condo alternative without the fees or shared walls. The fenced-in yard provides private outdoor space for gardening, pets, or relaxing, while the newer roof adds peace of mind. Location is everything here and this one delivers. Enjoy exceptional walkability with Downtown Melrose just 5 minutes away, offering shops, cafés, and restaurants. Commuters will appreciate being under 10 minutes to the commuter rail, connecting you to Boston with ease. This home invites you to imagine the possibilities while enjoying the charm of classic Melrose neighborhood.
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Property History
Market Insights
1
Price Changes
5.6%
Price Range
Property Timeline
Back On Market
Aug 7, 2026
Active
Price Reduced
Aug 7, 2026
$424,900
$25,000
(-5.56%)
From $449,900 to $424,900 (-5.6%)
Status: Active under contract
Jun 30, 2026
Active → Active Under Contract
Pending Sale
Jun 25, 2026
Offer accepted, sale pending
Listed for Sale
May 27, 2026
$449,900
Original listing
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | • Back On Market | - | - | - | Active |
| 08/07/2026 | ↓ Price Reduced | $424,900 | $25,000 | - | From $449,900 to $424,900 (-5.6%) |
| 06/30/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/25/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/27/2026 | 🏠 Listed for Sale | $449,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,946 | $297,600 |
Financial Details
Annual Property Tax
$2,946
Tax Year 2025
Assessed Value
$297,600
Facts & Features
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1900
Living Area
584 sq ft
Lot Size
0.04 acres
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Baseboard
Cooling
Window Unit(s)
Flooring
None
Appliances
Gas Water Heater, Range, Refrigerator, Freezer, Washer, Dryer
Fireplace
None
Basement
Interior Entry, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
Other (see Remarks)
Roof
Shingle, Wood
Features
Deck, Deck - Wood, Storage, Fenced Yard
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Deck, Deck - Wood
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,946
Assessed Value
$297,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Agent Is Related To Seller.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Other
Sq Ft Disclosures
Public Records shows 584 Sqft. Buyer and buyers agent to veriy.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
51 days
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
584 sq ft
Total Rooms
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
584 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Gas Water Heater, Range, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Basement:
Interior Entry, Unfinished
Laundry:
Security:
Construction & Materials
Style:
Other (See Remarks)
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Wood
Foundation:
Stone
Heating, Cooling & Utilities
Heating:
Baseboard
Heating Zones:
1
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck, Deck - Wood, Storage, Fenced Yard
Patio & Porch:
Deck, Deck - Wood
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street, Paved
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
Elementary Schools
3 schools
St. Mary Elementary School
0.2 mi
Grades PK-08
A
Lincoln School
0.4 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
Winthrop School
0.7 mi
|
#89 of 824
|
Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students
Less Diverse
Strong Attendance
Grades K-05
Middle Schools
2 schools
A-
Melrose Middle School
0.8 mi
|
#92 of 352
|
Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students
Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi
|
#248 of 352
|
Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
3 schools
C+
Malden High School
1.8 mi
|
#226 of 346
|
Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students
Very Diverse
14 sports
• 856 athletes
Early College Program
Rising School
Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.9 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
Malden Catholic High School
2.0 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$246
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
2 Grove Place, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Jennifer Parziale
Listing Office
LAER Realty Partners
Office Phone
781-627-7200
Agent MLS ID
CN257990
Office MLS ID
AN3158
Listing Data Updated
Aug 11, 2026 3:05 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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