142 Derby, Melrose MA 02176

Melrose, MA 02176
$700,000
Est. $3,726/month
3
Beds
1
Baths
1,656
Sq Ft
$423
Price/Sq Ft
0.09
Acres
1940
Year Built
Single Family Residence
Type
14
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73198141

About this home

Amazing opportunity to get into the desirable city of Melrose! Use your renovation & decorating skills to customize this home & make it your own. This colonial offers six generous size rms filled with lots of natural light. The eat-in kitchen has great space to work with, a newer oversized 5 burner stainless steel gas stove & is open to an entertaining size dining rm with sliding glass doors expanding your space to an outdoor deck & level yard. An inviting fireplace living room with crown molding allows for relaxation or social gatherings. The second flr has 3 roomy bedrooms, an updated full bath, lots of closet space & a pull down attic with an enormous amount of storage. Hardwood floors throughout, a finished area in the basement great for a home office or playroom & a one car garage converted to an oversized storage shed. Commuters dream with nearby Wyoming Rail stop, the Orange line & Main Street buses. Easy access to highways, close to Pine Banks Park & vibrant downtown Melrose!

Sale Statistics

Sale Overview
Original List Price: $574,900
Final Sale Price: $700,000
Difference: +$125,100 (+21.8%)
Performance Metrics
121.8%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $423
This property sold for $423 per square foot
Sale Summary

This property sold for 21.8% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1940
Bedrooms
3
Full Bathrooms
1
Living Area
1,656 sq ft
Total Rooms
6

Interior Features

Flooring
Laminate, Hardwood
Heating
Steam, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Block
Exterior Features
Porch - Enclosed, Deck, Rain Gutters, Storage, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Deck
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,051 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
3
Parking Features
Storage, Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,092
Tax Year
2024
Tax Assessed Value
$613,500
Parcel Number
652729
Zoning
URB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Please refer to additional information sheet attached in MLS.

Location

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Neighborhood

142 Derby, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Apply
Rating information coming soon
Middle School
Mvmms
Rating information coming soon
High School
Mhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $508
Homeowners Insurance $200
PMI $0

Property History

Market Insights

17.9%
Price Range
15
Total Days on Market

Property Timeline

Sold
Mar 7, 2024
$700,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Jan 31, 2024
$574,900
Original listing
Agent: Patricia Fitzgerald Office: Brad Hutchinson Real Estate

Price & Status History

Date Event Price Change
Jan 31, 2024 New Listing Added $574,900

Market Statistics

Days on Market
14 days
Price per Sq Ft
$423

Tax History

Year Taxes Assessment
2024 $6,092 $613,500

Financial Details

Annual Property Tax
$6,092
Tax Year 2024
Assessed Value
$613,500

Listing Information

Listing Agent Patricia Fitzgerald
Listing Office Brad Hutchinson Real Estate
Agent MLS ID B0505873
Office MLS ID B11101

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