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5 S Mountain Ave, Melrose MA 02176

Melrose, MA 02176
$700,000
Est. $4,335/month
3
Beds
2
Baths
1,540
Sq Ft
$455
Price/Sq Ft
0.10
Acres
1930
Year Built
13 hours 45 minutes
Time on Market
Active Open House Listed Jun 24, 2026 • MLS# 73541017 Copied!

About this home

Move right into this beautifully updated 3-bedroom, 2-bath home offering the perfect blend of modern upgrades and everyday functionality. The recently renovated kitchen is the heart of the home, featuring abundant counter space, a beverage fridge, and an open-concept design that flows seamlessly into the dining area—ideal for both daily living and entertaining. Thoughtful updates continue throughout the home, while the finished lower level provides flexible bonus space perfect for a playroom, gym, media room, or home office. Outside, enjoy a fully fenced yard with room to relax, play, or entertain. Solar panels paired with energy-efficient heat pumps and mini-splits help provide comfortable heating and cooling while reducing utility costs. Conveniently located near Melrose's shops, restaurants, parks, and commuter routes, this turnkey home offers comfort, efficiency, and versatility in one attractive package.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
2
Living Area
1,540 sq ft
Total Rooms
7

Open House Schedule

27
Jun
Saturday, June 27
12:00 PM - 1:30 PM EDT
28
Jun
Sunday, June 28
12:00 PM - 1:30 PM EDT

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1930
Living Area 1,540 sq ft
Lot Size 0.10 acres
Bedrooms 3
Full Baths 2
Total Rooms 7

Interior

Heating Central, Ductless
Cooling Central Air, Ductless
Flooring Tile, Hardwood
Appliances Electric Water Heater, Tankless Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator
Fireplace None
Fireplaces 1
Basement Partially Finished, Interior Entry
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Deck, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Off Street
Total Spaces 3

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,146
Assessed Value $623,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Electric Water Heater, Tankless Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Partially Finished, Interior Entry
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Central, Ductless
Heating Zones: 4
Cooling: Central Air, Ductless
Cooling Zones: 4
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Fenced Yard, Garden
Patio & Porch: Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

5 S Mountain Ave, 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
B-
Forestdale School
0.2 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
A-
Herbert Clark Hoover School
0.5 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Mystic Valley Regional Charter School
0.8 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
A-
Melrose Middle School
1.6 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
2.0 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
C
Susan B. Anthony Middle School
2.3 mi | #260 of 352 | Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students Diverse
Grades 06-08
H

High Schools

3 schools
Malden Catholic High School
1.2 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.3 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
C
Saugus High School
2.0 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $596
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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+0.5% Rate
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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

Property Timeline

🏠
Listed for Sale
Jun 24, 2026
$700,000
Original listing
Agent: Melissa Weinand Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Jun 24, 2026 New Listing Added $700,000

Market Statistics

Time on Market
13 hours 45 minutes
Price per Sq Ft
$455

Tax History

Year Taxes Assessment
2026 $7,146 $623,000

Financial Details

Annual Property Tax
$7,146
Tax Year 2026
Assessed Value
$623,000

Listing Information

Listing Agent Melissa Weinand
Listing Office The Proper Nest Real Estate
Agent MLS ID CN213930
Office MLS ID AN7859
Listing Data Updated Jun 24, 2026 1:43 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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Market Analytics for Melrose, MA

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BMN Boston Real Estate

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