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53 Melrose St # 5H, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$529,000
$499,000
Est. $3,770/month
2
Beds
1
Baths
1,080
Sq Ft
$462
Price/Sq Ft
1961
Year Built
1
Parking
27
Days on Market
Pending Price Drop -$30,000 Listed May 18, 2026 • MLS# 73520798 Copied! • Updated Jun 16, 2026

About this home

Welcome to effortless living at Melrose Towers. Updated 2-bedroom, 1-bath corner condo offering comfort, convenience, and a true amenity-rich lifestyle. Featuring an expansive glass-enclosed private porch with treetop views of Ell Pond Park to observe the morning sunrises, along with the vibrant sunsets, with desirable southeast exposures. Brand-new/Energy Efficient Heating/Cooling Mini Splits system, luxury "Oak" plank flooring throughout, stainless steel appliances, freshly painted, +1 assigned outdoor parking space. Adtl. Storage. An inviting, bright home designed for those seeking low-maintenance living without compromise. Community amenities include an indoor+outdoor pool, sauna, tennis court, basketball court, solarium with table tennis, laundry room, + grill stations. Ideally located moments from Whole Foods, CVS, Melrose/Wakefield Hospital. Minutes from award winning restaurants, gyms and parks of downtown Melrose. Walk Score 79, Commuter Rail <.5 Mile, Bus to Oak Grove

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5.7%
Price Range

Property Timeline

Pending Sale
Jun 15, 2026
Offer accepted, sale pending
Price Reduced
Jun 1, 2026
$499,000 $30,000 (-5.67%)
From $529,000 to $499,000 (-5.7%)
🏠
Listed for Sale
May 18, 2026
$529,000
Original listing
Agent: Marianne Gianelli Office: The Charles Realty

Tax History

Year Taxes Assessment
2025 $3,914 $395,400

Financial Details

Annual Property Tax
$3,914
Tax Year 2025
HOA Fee
$720
Monthly
Assessed Value
$395,400

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1961
Living Area 1,080 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Ductless
Cooling Geothermal, Ductless
Flooring None
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Porch - Enclosed, Porch - Screened
Pool Association, Above Ground, In Ground, Indoor
Spa None
Fencing None
Patio/Porch Enclosed, Screened
Features Off Street, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,914
Assessed Value $395,400

HOA & Community

HOA Fee $720 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Pool, Elevator(s), Tennis Court(s), Paddle Tennis, Sauna/steam, Clubroom, Storage
Optional Fee Includes Laundry Facilities, Air Conditioning
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 5H
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1961
Bedrooms
2
Full Bathrooms
1
Living Area
1,080 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 3
Cooling: Geothermal, Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Porch - Screened
Patio & Porch: Enclosed, Screened
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

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 $326
Homeowners Insurance $200
HOA Fee $720/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.

Location

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Neighborhood

Melrose Highlands

53 Melrose St # 5H, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Marianne Gianelli
Listing Office The Charles Realty
Office Phone 617-236-0353
Agent MLS ID CN214700
Office MLS ID BB9906
Listing Data Updated Jun 16, 2026 3:30 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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