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108 Franklin St # 2, Melrose MA 02176

Melrose, MA 02176
$630,000
Est. $3,353/month
2
Beds
2
Baths
1,196
Sq Ft
$527
Price/Sq Ft
1900
Year Built
Condominium
Type
4
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73374606

About this home

Welcome to 108 Franklin St, a sun-splashed top-floor condo in a thoughtfully converted two-family home in the heart of Melrose. Fully renovated in 2020, this 2-bedroom, 2-bath unit offers an open, airy layout with hardwood floors, a sleek modern kitchen, and a true primary suite with its own private bathroom—perfect for unwinding at the end of the day. Tucked away out back, you’ll find your own private yard space—ideal for weekend lounging, evening cocktails, or a garden project or two. Two assigned off-street parking spots make life easy, and you’re just minutes to the commuter rail, downtown Melrose, and local favorites like La Qchara, Turner’s, and the Middlesex Fells. With the added bonus of basement storage this unit has it all! Whether you’re looking for your first home or simply craving a stylish, low-maintenance space in a neighborhood that feels like home, 108 Franklin delivers.

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $630,000
Difference: +$30,100 (+5.0%)
Performance Metrics
105.0%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $502
Sale $/sq ft: $527
This property sold for $527 per square foot
Sale Summary

This property sold for 5.0% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,196 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Interior Features

Flooring
Wood, Tile
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Internet Available - Unknown
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Garden, Rain Gutters, Professional Landscaping
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Assigned

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,651
Tax Year
2025
Tax Assessed Value
$469,800
Parcel Number
5123602
Zoning
URC

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
No One Above
Disclosures
Subject to seller finding suitable housing, actively looking.
Exclusions
Please See Inclusion/Exclusion Sheet Attached In Mls

Location

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Neighborhood

108 Franklin St # 2, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $388
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

4.8%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Jun 24, 2025
$630,000
Property sold
Days on Market: 5
🏠
Listed for Sale
May 14, 2025
$599,900
Original listing
Agent: Laura Cohron Office: Fiv Realty Co.

Price & Status History

Date Event Price Change
May 14, 2025 New Listing Added $599,900 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$527

Tax History

Year Taxes Assessment
2025 $4,651 $469,800

Financial Details

Annual Property Tax
$4,651
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$469,800

Listing Information

Listing Agent Laura Cohron
Listing Office Fiv Realty Co.
Agent MLS ID CN226436
Office MLS ID AN8571

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