Dimensions18 x 8
FeaturesDining Area
51 Melrose St # 5F, Melrose MA 02176
Melrose, MA 02176
$589,900
$559,900
Est. $4,062/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
AN EXCEPTIONAL VALUE AT MELROSE TOWERS! A RARE OPPORTUNITY YOU WON’T WANT TO MISS! Welcome to this desirable 5th-floor, front-corner residence at the sought-after Melrose Towers Condominiums! This spacious 2-bedroom, 2-bath home offers an exceptional combination of natural light, beautiful views, desirable features, and an extraordinary parking advantage that sets it apart from the rest. Enjoy stunning southeast-facing views and abundant sunshine, with spectacular morning light filling the home. Ideally positioned on the fifth floor, this corner unit offers a wonderful sense of openness and an inviting atmosphere. THREE PARKING SPACES , INCLUDING TWO INDOOR GARAGE SPACES! One of the most remarkable features of this residence is its exceptional parking package: one outdoor parking space (#25F) plus two highly coveted indoor garage spaces within the building. This may be one of the only units in the complex to offer two indoor garage spaces, making this a truly rare and valuable opportunity. The spacious living and dining room combination features beautiful new wood-look laminate flooring and opens directly onto a screened-in balcony. Imagine starting your mornings with a cup of coffee while enjoying the sunrise, fresh air, and some of the most appealing views in the complex. The generously sized primary bedroom is bathed in beautiful morning light and features a spacious walk-in closet. The second bedroom offers ample closet space and the added convenience of a stackable washer and dryer right in the unit. The fully applianced kitchen features stainless steel appliances, while fresh interior paint and new wood-look laminate flooring in the living room, dining room, and second bedroom give the home a refreshed, welcoming feel. An additional private storage cubicle on the lower level provides even more room for your belongings. Melrose Towers offers an impressive selection of amenities designed to enhance your lifestyle, including indoor and outdoor swimming pools, an inviting atrium, and tennis courts, all within an established condominium community. With its bright and spacious corner layout, beautiful southeast-facing views, screened-in balcony, desirable amenities, and the exceptional bonus of three parking spaces, including two indoor garage spaces—this residence presents outstanding value at Melrose Towers.Recently reduced and ready to impress, this is an opportunity you won’t want to let pass you by!
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Recently Sold Nearby
Price & Status History
Market Insights
3
Price Changes
51.7%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Oct 15, 2026
$559,900
$10,000
(-1.75%)
From $569,900 to $559,900 (-1.8%)
Price Reduced
Oct 1, 2026
$569,900
$10,000
(-1.72%)
From $579,900 to $569,900 (-1.7%)
Price Reduced
Sep 18, 2026
$579,900
$10,000
(-1.7%)
From $589,900 to $579,900 (-1.7%)
Listed for Sale
Aug 27, 2026
$589,900
Original listing
Agent: John Bulman
Office: Brad Hutchinson Real Estate
Previous Transaction - MLS #70696868
Full transaction history available when tracking began
Previously Sold
Jul 21, 2008
$285,000
MLS #70696868
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/15/2026 | ↓ Price Reduced | $559,900 | $10,000 | - | From $569,900 to $559,900 (-1.8%) |
| 10/01/2026 | ↓ Price Reduced | $569,900 | $10,000 | - | From $579,900 to $569,900 (-1.7%) |
| 09/18/2026 | ↓ Price Reduced | $579,900 | $10,000 | - | From $589,900 to $579,900 (-1.7%) |
| 08/27/2026 | 🏠 Listed for Sale | $589,900 | - | - | Original listing |
| 07/21/2008 | 🏷️ Previously Sold | $285,000 | - | - | MLS #70696868 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,895 | $494,400 |
Financial Details
Annual Property Tax
$4,895
Tax Year 2025
HOA Fee
$623
Monthly
Assessed Value
$494,400
Facts & Features
2 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1972
Living Area
1,236 sq ft
Lot Size
0.0000
Stories
1
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Electric Baseboard, Electric, Individual, Unit Control
Cooling
Central Air, Individual, Unit Control
Flooring
Tile, Vinyl, Carpet
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Stone
Architecture
None
Roof
Tar/gravel, Rubber
Features
Balcony / Deck, Balcony, Screens, Professional Landscaping, Sprinkler System
Pool
Association, In Ground, Indoor
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Under, Garage Door Opener, Storage, Deeded, Off Street, Assigned, Paved
Total Spaces
3
Utilities
Electric
220 Volts, Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,895
Assessed Value
$494,400
HOA & Community
HOA Fee
$623 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
Pool, Elevator(s), Tennis Court(s), Sauna/steam, Storage
Optional Fee Includes
Recreational Facilities
Down Payment Resource
Eligible
Pets
Yes w/ Restrictions
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Stackable Washer Dryer To Remain As Gifts With No Warranty Or Representation From Owner(s), Listing Agent Has An Ownership Interest In The Unit.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Low-Rise"]
Unit/Building
5F
Sq Ft Source
Public Record
Sq Ft Disclosures
From Public Record
Documents
Master Deed, Rules & Regs (2)
County
Middlesex
Total market time (incl. prior listings)
64 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,236 sq ft
Total Rooms
5
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,236 sq ft above grade
0 sq ft below grade
Dimensions14 x 12
FeaturesWalk-In Closet(s), Flooring - Laminate, Cable Hookup
Dimensions7 x 5
FeaturesBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Dimensions7 x 5
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Dimensions19.5 x 11.5
FeaturesFlooring - Laminate, Balcony / Deck, Cable Hookup
Dimensions14 x 13
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Wood, Cable Hookup
FeaturesYes
Display Options
Outdoor Areas
PoolAssociation, In Ground, Indoor
Room Markers
KKitchen (1)
BRBedroom (2)
BABathroom (3)
LLiving (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl, Carpet
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows, Screens
Basement:
N
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Intercom, TV Monitor
Construction & Materials
Year Built:
1972
Effective Year (Renovated):
1972
Structure Type:
Low-Rise
Exterior Materials:
Stone
Roof:
Tar/Gravel, Rubber
Foundation:
Stories:
1
Utilities & Systems
Heating:
Electric Baseboard, Electric, Individual, Unit Control
Heating Zones:
5
Cooling:
Central Air, Individual, Unit Control
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony / Deck, Balcony, Screens, Professional Landscaping, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Garage Type:
Attached
Total Parking Spaces:
3
Parking Features:
Under, Garage Door Opener, Storage, Deeded, Off Street, Assigned, Paved
Nearby Schools
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
Elementary Schools
7 schools
St. Mary Elementary School
0.8 mi
Grades PK-08
Early Childhood Center
0.2 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
0.5 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
0.9 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
1.2 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
Middle Schools
1 school
A-
Melrose Middle School
0.1 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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Monthly Payment
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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
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$408
Homeowners Insurance
$200
HOA Fee
$623/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
Total interest paid
$0
Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
51 Melrose St # 5F, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
John Bulman
Listing Office
Brad Hutchinson Real Estate
Office Phone
781-665-2222
Agent MLS ID
B0428891
Office MLS ID
B11101
Listing Data Updated
Oct 30, 2026 11:54 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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