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16 Emerson Place # 16, Melrose MA 02176

Melrose, MA 02176
$736,000
Est. $4,415/month
3
Beds
2
Baths
1,413
Sq Ft
$521
Price/Sq Ft
1880
Year Built
42
Days on Market
Closed Listed Aug 5, 2024 • MLS# 73273905 Copied!

About this home

Charming historical detail meets modern convenience and style in this thoughtfully updated 3-bed, 2-bath condo! Nestled on a tree-lined side street in the Cedar Park neighborhood, 16 Emerson Place offers gracious living space spanning two floors with soaring 9’ ceilings, a brand new kitchen, two stunning bathrooms, 2-car parking and a shared yard. A covered front deck welcomes you to a private entry. The main floor provides gracious living, dining, and kitchen areas, all centered around a grand wrapped staircase. The living room features a wood burning fireplace – perfect for cozy winter nights. The brand new kitchen features stainless appliances, quartz counters, a tile backsplash, and a peninsula for extra seating and prep space. Upstairs are three spacious bedrooms and a luxurious new bathroom, along with a 2nd floor porch — perfect for your morning coffee. Moments from local restaurants, schools, shopping, new public library, the Fells, and Cedar Park MBTA stop!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
2
Living Area
1,413 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $750,000
Final Sale Price: $736,000
Difference: $14,000 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $531
Sale $/sq ft: $521
This property sold for $521 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

The property spent 42 days on market before selling.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$521/sq ft
Area Average
$458/sq ft
Difference
+13.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,413 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement, In Building, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features Off Street, Paved, Exclusive Parking
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $2,846
Assessed Value $716,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Fenced Yard
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Paved, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other

Location

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Neighborhood

16 Emerson Place # 16, Melrose MA 02176

Melrose, MA 02176

Walkability

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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 $237
Homeowners Insurance $200
HOA Fee $256/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

0.5%
Price Range
43
Total Days on Market

Property Timeline

Sold
Oct 24, 2024
$736,000
Property sold
Days on Market: 43
🏠
Listed for Sale
Aug 5, 2024
$739,900
Original listing
Agent: Denman Drapkin Group Office: Compass

Price & Status History

Date Event Price Change
Aug 5, 2024 New Listing Added $739,900

Market Statistics

Days on Market
42 days
Price per Sq Ft
$521

Tax History

Year Taxes Assessment
2024 $2,846 $716,300

Financial Details

Annual Property Tax
$2,846
Tax Year 2024
HOA Fee
$256
Monthly
Assessed Value
$716,300

Listing Information

Listing Agent Denman Drapkin Group
Listing Office Compass
Agent MLS ID TM328243
Office MLS ID AN2606
Listing Data Updated Oct 24, 2024 2:43 PM 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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