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7 Melville Terrace # 2, Watertown MA 02742

Watertown, MA 02742
$950,000
Est. $5,786/month
3
Beds
2.5
Baths
1,718
Sq Ft
$553
Price/Sq Ft
0.07
Acres
1900
Year Built
2 hours 54 minutes
Time on Market
Active Listed Jan 15, 2026 • MLS# 73468979 Copied!

About this home

Luxurious, gut renovated two-family condominium located on a small terrace. This unit offers a modern layout with flexible living spaces. The second floor features a beautiful primary suite with large closet and a beautiful tiled bath with walk-in shower, sunlit living room with an electric fireplace, seamlessly integrated dining area and kitchen, creating a warm and open atmosphere. The spacious kitchen offers an impressive amount of cabinetry for storage and organization, beautiful countertops along with a large island that enhances interaction and functionality. The third floor includes two bright bedrooms, both with large closets, as well as a full bath and a laundry area. This is an excellent use of space, perfect for those seeking a modern home combined with old world charm in a convenient location. Ideally located with easy access to the Mass Pike (I-90), close to the Charles River and its scenic trails, as well as public transp. (Express bus to Boston!) and shopping.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,718 sq ft
Total Rooms
7
Stories
2
Entry Level
2

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,718 sq ft
Lot Size 0.07 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Dining Room, Living Room
Fireplaces 1
Basement Y
Laundry Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features Storage, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Paved
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,786
Assessed Value $948,500

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Storage, Internet Available - Unknown
Windows: Insulated Windows
Basement: Y
Laundry: Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2026
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Dining Room, Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

7 Melville Terrace # 2, Watertown MA 02742

Watertown, MA 02742

Walkability

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Nearby Schools

School District
Watertown School District local
A-
School Safety 2024-25
1.0% Low
0.8% Suspensions 0.2% In-School 0.2% Emergency
4.5% below state avg
E

Elementary Schools

8 schools
Perkins School for the Blind
0.7 mi
Grades PK-12
Jewish Community Day School
1.4 mi
Grades K-08
Star Academy (Watertown Campus)
1.6 mi
Grades PK-12
Atrium School
1.6 mi
Grades K-06
A
Hosmer School
0.8 mi | #140 of 824 | Score: 57.4
Improved 112 spots from last year
-0.8 below state avg
758 students Diverse
Rising School Diverse Student Body
Grades PK-05
A
Cunniff School
0.9 mi | #166 of 824 | Score: 56.3
Improved 20 spots from last year
-1.9 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
St. Stephen's Armenian School
1.3 mi
Grades PK-05
A+
James Russell Lowell School
891.0 mi | #84 of 824 | Score: 60.2
Improved 80 spots from last year
+2 above state avg
422 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
A-
Watertown Middle School
0.4 mi | #108 of 352 | Score: 48.6
Improved 11 spots from last year
-9.6 below state avg
583 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
Walker Beacon School
0.9 mi
Grades 07-12
B+
Watertown High School
0.5 mi | #112 of 346 | Score: 59.3
Improved 118 spots from last year
+1.1 above state avg
761 students Diverse
18 sports • 1,578 athletes
Strong AP Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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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 $482
Homeowners Insurance $200
HOA Fee $300/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
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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
Jan 15, 2026
$950,000
Original listing
Agent: Steven Savarese Office: Senne

Price & Status History

Date Event Price Change
Jan 15, 2026 New Listing Added $950,000

Market Statistics

Time on Market
2 hours 54 minutes
Price per Sq Ft
$553

Tax History

Year Taxes Assessment
2026 $5,786 $948,500

Financial Details

Annual Property Tax
$5,786
Tax Year 2026
HOA Fee
$300
Per month
Assessed Value
$948,500

Listing Information

Listing Agent Steven Savarese
Listing Office Senne
Agent MLS ID B0683328
Office MLS ID AN7546
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 Watertown, MA

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7 Melville Terrace # 2, Watertown MA 02742 - Photo 1 7 Melville Terrace # 2, Watertown MA 02742 - Photo 2 7 Melville Terrace # 2, Watertown MA 02742 - Photo 3 7 Melville Terrace # 2, Watertown MA 02742 - Photo 4 7 Melville Terrace # 2, Watertown MA 02742 - Photo 5 7 Melville Terrace # 2, Watertown MA 02742 - Photo 6 7 Melville Terrace # 2, Watertown MA 02742 - Photo 7 7 Melville Terrace # 2, Watertown MA 02742 - Photo 8 7 Melville Terrace # 2, Watertown MA 02742 - Photo 9 7 Melville Terrace # 2, Watertown MA 02742 - Photo 10 7 Melville Terrace # 2, Watertown MA 02742 - Photo 11 7 Melville Terrace # 2, Watertown MA 02742 - Photo 12 7 Melville Terrace # 2, Watertown MA 02742 - Photo 13 7 Melville Terrace # 2, Watertown MA 02742 - Photo 14 7 Melville Terrace # 2, Watertown MA 02742 - Photo 15 7 Melville Terrace # 2, Watertown MA 02742 - Photo 16 7 Melville Terrace # 2, Watertown MA 02742 - Photo 17 7 Melville Terrace # 2, Watertown MA 02742 - Photo 18 7 Melville Terrace # 2, Watertown MA 02742 - Photo 19 7 Melville Terrace # 2, Watertown MA 02742 - Photo 20 7 Melville Terrace # 2, Watertown MA 02742 - Photo 21 7 Melville Terrace # 2, Watertown MA 02742 - Photo 22 7 Melville Terrace # 2, Watertown MA 02742 - Photo 23
Steven Novak

Steven Novak

BMN Boston Real Estate

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