Great location just steps to Middle and High School. Easy access to Lynn Fells Parkway, and route 93 N/S. House needs updating, but newer roof, two newer furnaces, separate utilities, rear decking and stairs newly stained 2024. nice patio next to large shed, and perennials make for a very comfortable back yard. You are steps to commuter rail station into Boston, Route 1 and 93 are just minutes from front door. Downtown is less than 15 minute walk, with Shaw's and Whole Foods supermarkets available. numerous restaurants to choose from. Common storage room as you enter the front foyer. as well as additional storage room in basement. Newer rebuilt chimney when furnaces installed.
Sale Statistics
Sale Overview
Original List Price:$849,900
Final Sale Price:$750,000
Difference:
$99,900 (-11.8%)
Performance Metrics
88.2%
List to Sale Ratio
Sold below asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$391
Sale $/sq ft:$345
This property sold for $345 per square foot
Sale Summary
This property sold for 11.8% below the original asking price.
With only 22 days on market, this was a quick sale compared to typical market conditions.
for Gas Range, for Gas Oven, for Gas Dryer, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered
Energy Efficient Features
Thermostat
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,574
Tax Year
2025
Tax Assessed Value
$765,100
Parcel Number
M:0B9 P:0000054,653374
Zoning
URA
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
SOLD "AS IS" Owner has not lived in this building for over 40 years. The present rents are way below market due to single occupancies.
Location
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Neighborhood
24 Otis St, 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$631
Homeowners Insurance$200
PMI$0
Property History
Market Insights
0.1%
Price Range
24
Total Days on Market
Property Timeline
✓
Sold
May 28, 2025
$750,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Apr 1, 2025
$749,000
Original listing
Agent: Alexander ZedrosOffice: Harbor View Real Estate Corp.
