509 Pleasant St # 4, Melrose MA 02176

Melrose, MA 02176
$499,000
Est. $3,524/month
2
Beds
1
Baths
972
Sq Ft
$513
Price/Sq Ft
1926
Year Built
15 hours 11 minutes
Time on Market
Active Open House Listed Jan 13, 2026 • MLS# 73468051 Copied!

About this home

As close as it gets to a prime commuter location in Melrose! This well-maintained 2-bedroom, 1-bath first-floor condo is steps from the Wyoming Hill Commuter Rail and within one mile of the Orange Line—reach Boston’s North Station in ~20 minutes. Featuring high ceilings, generous closets, and approximately 980 sq ft of living space. The eat-in kitchen offers stainless steel appliances, granite countertops, and tile backsplash. In-unit laundry is conveniently located in a dedicated room off the kitchen, leading to a private deck. The primary bedroom includes a walk-in closet. Rare offering with two deeded garage parking spaces, plus visitor parking. Additional private basement storage. Heat and hot water included in the HOA. Easy access to downtown Melrose shops, dining, and everyday conveniences. Move-in ready and a standout commuter opportunity. HOA fee will be $560/month temporarily for 11 months due to a planned boiler replacement.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1926
Bedrooms
2
Full Bathrooms
1
Living Area
972 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Open House Schedule

15
Jan
Thursday, January 15
5:00 PM - 7:00 PM EST

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1926
Living Area 972 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Carpet, Engineered Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Off Street, Assigned, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,234
Assessed Value $427,700

Interior Features

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

Construction & Materials

Year Built: 1926
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Assigned, Deeded

Location

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Neighborhood

509 Pleasant St # 4, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District
Melrose School District local
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

7 schools
St. Mary Elementary School
0.1 mi
Grades PK-08
A
Lincoln School
< 0.1 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Grades K-05
A
Roosevelt School
1.0 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Strong Attendance
Grades K-05
A
Winthrop School
1.0 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
A-
Herbert Clark Hoover School
1.0 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
Early Childhood Center
1.1 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.4 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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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 $353
Homeowners Insurance $200
HOA Fee $448/mo
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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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
Jan 13, 2026
$499,000
Original listing
Office: Northbound Realty Co

Price & Status History

Date Event Price Change
Jan 13, 2026 New Listing Added $499,000

Market Statistics

Time on Market
15 hours 11 minutes
Price per Sq Ft
$513

Tax History

Year Taxes Assessment
2025 $4,234 $427,700

Financial Details

Annual Property Tax
$4,234
Tax Year 2025
HOA Fee
$448
Monthly
Assessed Value
$427,700

Listing Information

Listing Agent Wajeeha Nasir
Listing Office Northbound Realty Co
Agent MLS ID CN236846
Office MLS ID AN8986
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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Steven Novak

Steven Novak

BMN Boston Real Estate

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