20 Otis Street, Melrose MA 02176

Melrose, MA 02176
$710,000
Est. $3,779/month
2
Beds
1.5
Baths
1,232
Sq Ft
$576
Price/Sq Ft
0.16
Acres
1940
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73297731

About this home

Welcome to this cozy and inviting 5-room home, perfectly situated in one of the most sought-after towns. Offering 2 bedrooms and 1.5 baths, this residence is the ideal condominium alternative. The space is thoughtfully laid out, with a warm and intimate atmosphere throughout.Step outside to discover a peaceful backyard sanctuary, perfect for those with a green thumb or anyone who appreciates a serene outdoor escape. The fenced-in yard features a separate, enclosed dog run—ideal for pet owners seeking convenience and privacy.Additional highlights include a detached single-car garage for secure parking and storage. Plus, the location couldn’t be better: just three blocks from the train station, offering direct access to Boston. Enjoy a variety of restaurants, coffee shops, and stores in downtown Melrose.This home combines charm, convenience, and a fantastic location. Don’t miss the opportunity to make it yours!

Sale Statistics

Sale Overview
Original List Price: $660,000
Final Sale Price: $710,000
Difference: +$50,000 (+7.6%)
Performance Metrics
107.6%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $536
Sale $/sq ft: $576
This property sold for $576 per square foot
Sale Summary

This property sold for 7.6% above the original asking price, indicating strong buyer demand.

With only 6 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
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,232 sq ft
Total Rooms
5

Interior Features

Flooring
Tile, Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Water Heater, Refrigerator
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Foundation
Stone
Exterior Features
Patio
Patio/Porch Features
Patio
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,808 sq ft
Lot Size Area
0.1600

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Detached, Paved Drive, Off Street, Tandem
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Pool, Tennis Court(s), Park, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,004
Tax Year
2024
Tax Assessed Value
$604,600
Parcel Number
M:0B9 P:0000055,653375
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
See INFO PACKET, Dishwasher does not work
Exclusions
See Info Packet

Location

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Neighborhood

20 Otis Street, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Middle School
Middle
Rating information coming soon
High School
High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $500
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7%
Price Range
7
Total Days on Market

Property Timeline

Sold
Dec 3, 2024
$710,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Oct 2, 2024
$660,000
Original listing
Agent: The Mary Scimemi Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Oct 2, 2024 New Listing Added $660,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$576

Tax History

Year Taxes Assessment
2024 $6,004 $604,600

Financial Details

Annual Property Tax
$6,004
Tax Year 2024
Assessed Value
$604,600

Listing Information

Listing Agent The Mary Scimemi Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM325754
Office MLS ID AN4646

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