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16 Willow St # 202, Melrose MA 02176

Melrose, MA 02176
$600,000
Est. $4,108/month
2
Beds
2
Baths
1,058
Sq Ft
$567
Price/Sq Ft
2006
Year Built
4
Days on Market
Closed Listed Mar 15, 2024 • MLS# 73212693 Copied!

About this home

This is a rare sun filled corner unit at Station Crossing located just off the vibrant downtown Melrose with all of its trendy shops and award-winning restaurants. This 2 bedroom, 2 bath unit is immaculate with hardwood and vinyl plank flooring - nothing to do but move your furniture in and enjoy. The living room is large enough for you to include a dining area as well. Balcony off the master bedroom has southern exposure to enjoy afternoon sun. The kitchen has upgraded maple cabinets, stainless steel appliances and granite countertops including a breakfast bar. Laundry is in the unit. GARAGE parking and an elevator to bring you and the groceries up to your unit plus a deeded parking spot in the lot. Ideally located, Station Crossing is within a 'stone's throw' of grocery stores, places of worship, the commuter rail, the post office and all that the downtown has to offer.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2006
Bedrooms
2
Full Bathrooms
2
Living Area
1,058 sq ft
Total Rooms
4
Stories
4
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $585,000
Final Sale Price: $600,000
Difference: +$15,000 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $553
Sale $/sq ft: $567
This property sold for $567 per square foot
Sale Summary

This property sold for 2.6% 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.

Nearby Sales Comparison

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

This Property
$567/sq ft
Area Average
$466/sq ft
Difference
+21.7%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 1,058 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $5,256
Assessed Value $529,300

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 2006
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Deeded

Location

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Neighborhood

16 Willow St # 202, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

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

3 schools
St. Mary Elementary School
0.2 mi
Grades PK-08
A
Lincoln School
0.3 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Roosevelt School
0.7 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.6 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
H

High Schools

1 school
A-
Stoneham High School
1.6 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
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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 $438
Homeowners Insurance $200
HOA Fee $437/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

2.5%
Price Range
6
Total Days on Market

Property Timeline

Sold
May 28, 2024
$600,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Mar 15, 2024
$585,000
Original listing

Price & Status History

Date Event Price Change
Mar 15, 2024 New Listing Added $585,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$567

Tax History

Year Taxes Assessment
2024 $5,256 $529,300

Financial Details

Annual Property Tax
$5,256
Tax Year 2024
HOA Fee
$437
Monthly
Assessed Value
$529,300

Listing Information

Listing Agent Errico Realty Team
Listing Office Errico Realty, LLC
Agent MLS ID TM345593
Office MLS ID AN6512
Listing Data Updated May 28, 2024 6:20 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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