40 E Highland Ave, Melrose MA 02176

Melrose, MA 02176 • Horace Mann
$849,900
Est. $5,246/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.

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3
Beds
1
Baths
1,248
Sq Ft
$681
Price/Sq Ft
0.13
Acres
1939
Year Built
4
Parking
New today
Time on Market
For Sale Open House Listed Nov 11, 2026 • MLS# 73601203 Copied! • Updated Nov 12, 2026

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Open House Schedule

14
Nov
Saturday, November 14
11:30 AM - 1:00 PM EST
15
Nov
Sunday, November 15
1:00 PM - 2:30 PM EST
13
Nov
Friday, November 13
2:30 PM - 4:00 PM EST

About this home

A Melrose classic with charm, potential & room to make it your own! Welcome to Horace Mann, one of Melrose’s desirable neighborhoods, where this well-loved side entrance Colonial is ready to welcome its next owner! Move-in ready with 6 rooms and 3 bedrooms, this is a wonderful opportunity to put down roots in a fantastic location. The finished sun room (side porch) is a standout feature, offering a bright, versatile space that the current owner has enjoyed as a home office. Whether you envision a dedicated workspace, a cozy reading nook, or a sunny spot to enjoy your morning coffee, this bonus space offers plenty of possibilities to make it your own! Fresh paint throughout gives this home a crisp, refreshed feel. Step outside to enjoy the privacy of the fenced-in yard and the deck off the kitchen — perfect for morning coffee, summer dinners, and relaxing outdoors. The big things have been taken care of, too! Improvements include insulation added throughout the walls and attic, a newer roof, updated kitchen and bath, replacement water heater, and refreshed front steps and walkway. The unfinished basement offers laundry and additional storage, with even more storage available in the garage-type area. Shared driveway parking accommodates up to three cars at the lower end. Commuters will appreciate the convenient public transportation options, with bus service to Oak Grove T Station just up the street, offering access to the Orange Line, or the option to catch the Commuter Rail into Boston. Whether you’re buying your first home or looking for a place to settle into a wonderful Melrose neighborhood, this charming Colonial offers a welcoming start, thoughtful updates, and exciting possibilities for the future. Move right in, make yourself at home, and enjoy all that Melrose has to offer!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 11, 2026
$849,900
Original listing
Agent: Sheryl Bird Office: Brad Hutchinson Real Estate

Tax History

Year Taxes Assessment
2026 $8,976 $782,600

Financial Details

Annual Property Tax
$8,976
Tax Year 2026
Assessed Value
$782,600

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1939
Living Area 1,248 sq ft
Lot Size 0.13 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Wall To Wall Carpet
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Full, Walk-out Access, Concrete, Unfinished
Laundry Gas Dryer Hookup, Washer Hookup, In Basement
Features Ceiling Fan(s), Sun Room, Walk-up Attic, Internet Available - Unknown

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch - Enclosed, Deck, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch - Enclosed, Deck
Features Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces 4
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup
Annual Tax $8,976
Assessed Value $782,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Driveway Is Shared Per Common Driveway Agreement (certificate #154441); Quitclaim Deed (certificate #248327). 2-4 Car Parking At Bottom Left-hand Side Of The Driveway (side-by-side And Tandem). Buyers And Their Agents Should Conduct Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Sq Ft Disclosures Sun Room is finished but not heated. Room dimensions are approximate. 3rd BR missing closet door.
Documents None
County Middlesex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1939
Bedrooms
3
Full Bathrooms
1
Living Area
1,248 sq ft
Total Rooms
6

Floor Layout

Interior Features

Flooring: Hardwood, Flooring - Wall to Wall Carpet
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Sun Room, Walk-up Attic, Internet Available - Unknown
Windows:
Basement: Full, Walk-Out Access, Concrete, Unfinished
Laundry: Gas Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Colonial
Year Built: 1939
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Utilities & Systems

Heating: Hot Water, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck, Fenced Yard
Patio & Porch: Porch - Enclosed, Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Shared Driveway, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
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
1.2 mi
Grades PK-08
A+
Horace Mann School
0.1 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
Early Childhood Center
0.2 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
0.7 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+
Winthrop School
0.9 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
1.4 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
1.4 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
0.5 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 Breakdown

Principal & Interest $0
Property Tax $748
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

Horace Mann

40 E Highland Ave, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Sheryl Bird
Listing Office Brad Hutchinson Real Estate
Office Phone 781-665-2222
Agent MLS ID CN252232
Office MLS ID B11101
Listing Data Updated Nov 12, 2026 3:30 AM EST
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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