49 Melrose St # 7F, Melrose MA 02176

Melrose, MA 02176 • Fells
$580,000
2
Beds
2
Baths
1,226
Sq Ft
$473
Price/Sq Ft
1972
Year Built
1
Garage Space
3
Days on Market
Sold Listed Jun 18, 2025 • MLS# 73393139 Copied! • Updated Aug 12, 2025

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Sale Statistics

Sale Overview
Original List Price: $559,900
Final Sale Price: $580,000
Difference: +$20,100 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $457
Sale $/sq ft: $473
This property sold for $473 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 19 similar properties sold within 0.5 miles in the last 90 days

This Property
$473/sq ft
Area Median
$422/sq ft
Difference
+12.1%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Welcome to Melrose Towers, Ideally located just steps to Whole Foods, local shops, restaurants, and the commuter rail for a quick ride into Boston, this 2-bedroom, 2-bath condominium offers a fantastic blend of space and amenities. Take the elevator to the 7th floor and step into a sun-filled open-concept layout featuring a spacious dining area perfect for entertaining and a generous living room with sliders leading to your private balcony—ideal for enjoying warm summer nights. The updated kitchen includes a cozy breakfast nook with sweeping views of Melrose. Down the hall, you’ll find a full bathroom with new quartz countertops and updated flooring, along with a large bedroom and ample closet space. The primary suite offers a private en-suite bath, a walk-in closet, and great natural light. Additional highlights include in-unit laundry, garage parking for one car, an exterior parking spot, and extra storage in the lower level. Indoor, Outdoor pool. Well maintained grounds.

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Recently Sold Nearby

Property History

Market Insights

3.5%
Price Range
4
Total Days on Market

Property Timeline

✓
Sold
Aug 8, 2025
$580,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jun 18, 2025
$559,900
Original listing
Agent: Leeman & Gately Office: Compass

Tax History

Year Taxes Assessment
2025 $4,465 $451,000

Financial Details

Annual Property Tax
$4,465
Tax Year 2025
HOA Fee
$683
Monthly
Assessed Value
$451,000

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,226 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air, Heat Pump
Flooring Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Porch - Screened
Pool None
Spa None
Fencing None
Patio/Porch Screened
Garage Spaces 1
Has Garage Yes
Features Attached, Under, Deeded
Total Spaces 2
Electric 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $4,465
Assessed Value $451,000

HOA & Community

HOA Fee $683 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Pool, Laundry, Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures Condo Docs, Master Deed, Budget Attached Under Docs Under Master Deed. Photos And Floor Plans Are For Marketing Purposes Only.
Possession None
Accepted Financing None
Structure Type ["Detached"]
Unit/Building 7F
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,226 sq ft
Total Rooms
5
Stories
1
Entry Level
7
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1972
Structure Type: Detached
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Deeded
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

7 schools
St. Mary Elementary School
0.9 mi
Grades PK-08
Early Childhood Center
0.1 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
0.4 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
A+
Horace Mann School
0.4 mi | #74 of 825 | Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students Moderate
Strong Attendance
Grades K-05
A+
Winthrop School
0.8 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
A-
Lincoln School
1.0 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.3 mi | #204 of 825 | Score: 54.6
Dropped 74 spots from last year
-3.6 below state avg
266 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.2 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
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Location

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Neighborhood

Fells

49 Melrose St # 7F, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Leeman & Gately
Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID TM336476
Office MLS ID AN2383
Listing Data Updated Aug 12, 2025 10:55 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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Steve Novak Real Estate
Steve Novak Real Estate
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