BMN Boston

Get our mobile app!

Download on the App Store

1 Ravine Terrace # 1, Melrose MA 02176

Melrose, MA 02176 • Fells
$649,000
Est. $4,018/month
3
Beds
1.5
Baths
1,675
Sq Ft
$387
Price/Sq Ft
0.09
Acres
1920
Year Built
55
Days on Market
Closed Listed Apr 23, 2024 • MLS# 73226424 Copied!

About this home

Location, Location, Location ! Spectacular like new 3 bdrm Townhouse ideally located on a dead end street adjacent to beautiful Conant Park. Main level boasts open concept living featuring stunning chef's kitchen w/center island, large sun filled living room, new half bath, high 8' ceilings and rear porch w/direct access to private patio & driveway. 2nd level features 3 Bedrooms, full bath, high ceilings & hardwood floors. Walk out Lower level primed & ready for your personal touch. Plenty of Storage, PET FRIENDLY & Private drwy w/2+ Car Pkg. Total gut renovation 2023 includes New High Effcy Gas Heat & HW, New 200 amp Electrical, New Plumbing, Windows, Doors, Roof, Paint & Floors. GREAT LOCATION - easy 10 min walk to exciting Melrose Center shops, cafes, restaurants, entertainment, commuter train w/direct svc to Boston and beautiful FELLS RECREATION AREA w/scenic hiking & biking trails, sailing & kayaking. Quick, easy access to Rt 93, Boston & Cambridge. Offers due Tues 4/30 @12pm

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,675 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $649,000
Difference: +$19,100 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $376
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

The property spent 55 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$387/sq ft
Area Average
$531/sq ft
Difference
27.2%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,675 sq ft
Lot Size 0.09 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Dishwasher, Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range, Oven
Fireplace None
Basement Y
Laundry Dryer Hookup - Dual, Electric Dryer Hookup, First Floor, In Unit
Features Home Office, Bonus Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Patio, City View(s), Garden
Pool None
Spa None
Fencing Security
Patio/Porch Porch, Patio

Parking

Features Deeded, Paved, Exclusive Parking
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven

Financial

Annual Tax $4,277
Assessed Value $861,500

Interior Features

Flooring: Hardwood
Appliances: Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Interior Features: Home Office, Bonus Room
Windows: Insulated Windows
Basement: Y
Laundry: Dryer Hookup - Dual, Electric Dryer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2024
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, City View(s), Garden
Patio & Porch: Porch, Patio
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded, Paved, Exclusive Parking

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other

Location

Loading map...

Neighborhood

Fells

1 Ravine Terrace # 1, Melrose MA 02176

Melrose, MA 02176

Walkability

Loading Walk Score...

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 $356
Homeowners Insurance $200
HOA Fee $180/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.

Property History

Market Insights

2.9%
Price Range
56
Total Days on Market

Property Timeline

Sold
Jun 18, 2024
$649,000
Property sold
Days on Market: 56
🏠
Listed for Sale
Apr 23, 2024
$629,900
Original listing
Agent: Andy Mass Office: Mass Realty Properties

Price & Status History

Date Event Price Change
Apr 23, 2024 New Listing Added $629,900

Market Statistics

Days on Market
55 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2024 $4,277 $861,500

Financial Details

Annual Property Tax
$4,277
Tax Year 2024
HOA Fee
$180
Monthly
Assessed Value
$861,500

Listing Information

Listing Agent Andy Mass
Listing Office Mass Realty Properties
Agent MLS ID CT007701
Office MLS ID AN1745
Listing Data Updated Jun 19, 2024 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.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

1 Ravine Terrace # 1, Melrose MA 02176 - Photo 1 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 2 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 3 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 4 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 5 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 6 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 7 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 8 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 9 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 10 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 11 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 12 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 13 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 14 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 15 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 16 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 17 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 18 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 19 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 20 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 21 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 22 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 23 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 24 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 25 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 26 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 27 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 28 1 Ravine Terrace # 1, Melrose MA 02176 - Photo 29
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour