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53 Melrose St # 4E, Melrose MA 02176

Melrose, MA 02176
$350,000
Est. $2,595/month
1
Beds
1
Baths
700
Sq Ft
$500
Price/Sq Ft
1961
Year Built
27
Days on Market
Closed Listed Jun 4, 2024 • MLS# 73246691 Copied!

About this home

Welcome to Melrose Towers, where comfort and convenience meet in this charming 1 bedroom, 1 bathroom condo. Perfectly suited for both owner-occupied and investors, this unit features an open-concept living and dining area, a well-sized bedroom with ample closet space and extra storage in basement. Functional kitchen with modern appliances and an updated bathroom. Residents enjoy access to both indoor and outdoor pools, a tennis court, a club room, and the convenience of a deeded parking spot. Ideally located, Melrose Towers offers easy access to local shops, dining, and entertainment, as well as excellent transportation links for a smooth commute in and out of the city. Don't miss out on this fantastic opportunity!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1961
Bedrooms
1
Full Bathrooms
1
Living Area
700 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $350,000
Final Sale Price: $350,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $500
Sale $/sq ft: $500
This property sold for $500 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1961
Living Area 700 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,799
Assessed Value $281,900

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1961
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

53 Melrose St # 4E, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

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 $233
Homeowners Insurance $200
HOA Fee $392/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

28
Total Days on Market

Property Timeline

Sold
Aug 5, 2024
$350,000
Property sold
Days on Market: 28
🏠
Listed for Sale
Jun 4, 2024
$350,000
Original listing
Agent: The Broadway Group Office: Engel & Volkers Boston

Price & Status History

Date Event Price Change
Jun 4, 2024 New Listing Added $350,000

Market Statistics

Days on Market
27 days
Price per Sq Ft
$500

Tax History

Year Taxes Assessment
2024 $2,799 $281,900

Financial Details

Annual Property Tax
$2,799
Tax Year 2024
HOA Fee
$392
Monthly
Assessed Value
$281,900

Listing Information

Listing Agent The Broadway Group
Listing Office Engel & Volkers Boston
Agent MLS ID TM348733
Office MLS ID AN3691
Listing Data Updated Aug 8, 2024 10:04 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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