49 Melrose Street # 4E, Melrose MA 02176

Melrose, MA 02176
$410,000
1
Beds
1
Baths
804
Sq Ft
$510
Price/Sq Ft
1972
Year Built
1
Parking
17
Days on Market
Sold 2025 Listed May 29, 2025 • MLS# 73381906 Copied! • Updated Jul 19, 2025

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Sale Statistics

Sale Overview
Original List Price: $390,000
Final Sale Price: $410,000
Difference: +$20,000 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $485
Sale $/sq ft: $510
This property sold for $510 per square foot
Sale Summary

This property sold for 5.1% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$510/sq ft
Area Median
$408/sq ft
Difference
+25.1%

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

About this home

Fantastic 1 bedroom, 1 bathroom condo at desirable Melrose Towers. This fourth-floor unit boasts an open-concept living/dining room combo with slider to a screened-in balcony. The fully applianced kitchen features freshly painted cabinets and a new range hood. The bedroom is spacious and features large windows and a double closet. Other features include recently installed recessed lighting and new interior doors, hardwood floors, in unit laundry, central A/C, private storage unit (4E), and one outdoor parking space (34E). Melrose Towers is a professionally managed elevator building offering residents an indoor pool, outdoor pool, sauna, clubroom, tennis court and basketball court. Convenient location close to the Commuter Rail, Orange Line, Whole Foods, and all the shops and restaurants that downtown Melrose has to offer.

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Recently Sold Nearby

Price & Status History

Market Insights

4.9%
Price Range
18
Total Days on Market

Property Timeline

✓
Sold
Jul 18, 2025
$410,000
Property sold
Days on Market: 18
🏠
Listed for Sale
May 29, 2025
$390,000
Original listing
Agent: Anthony Bruno Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2025 $3,254 $328,700

Financial Details

Annual Property Tax
$3,254
Tax Year 2025
HOA Fee
$404
Monthly
Assessed Value
$328,700

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 804 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Unit Control
Cooling Central Air, Unit Control
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features Elevator

Exterior

Construction None
Architecture None
Roof None
Features Balcony, Professional Landscaping, Tennis Court(s)
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Features Off Street, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,254
Assessed Value $328,700

HOA & Community

HOA Fee $404 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Elevator(s), Tennis Court(s), Sauna/steam, Clubroom, Storage
Optional Fee Includes None
Owner-Occupied Units 128
Seller Disclosures Offers Due Tuesday, June 3, At 12:00pm.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 4E
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
804 sq ft
Total Rooms
4
Stories
1
Entry Level
4
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: Elevator
Windows:
Basement: N
Laundry: First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Utilities & Systems

Heating: Electric Baseboard, Unit Control
Heating Zones: 2
Cooling: Central Air, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Professional Landscaping, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Paved
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
Early Childhood Center
0.1 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
0.4 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
A+
Horace Mann School
0.4 mi | #74 of 825 | Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A-
Melrose Middle School
0.2 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.2 mi | #129 of 352 | Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.4 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
A-
Wakefield Memorial High School
2.1 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.1 mi | #265 of 346 | Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

49 Melrose Street # 4E, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Anthony Bruno
Listing Office Gibson Sotheby's International Realty
Office Phone 617-426-6900
Agent MLS ID BB815843
Office MLS ID BB5918
Listing Data Updated Jul 19, 2025 4:39 PM 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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