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243 First St, Melrose MA 02176

Melrose, MA 02176 • East Side/ Winthrop School/ Mount Hood/ Melrose Common
$1,340,000
Est. $7,132/month
3
Beds
2.5
Baths
1,852
Sq Ft
$724
Price/Sq Ft
0.20
Acres
1855
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73231831

About this home

Step into luxury living with this spectacular East Side 3 bed, 2.5 bath colonial. Completely renovated inside & out, this property exudes elegance at every turn, showcasing designer finishes & hardwood floors throughout. Step onto the inviting wrap-around enclosed porch, perfect for morning coffees or evening relaxation. The sunlight-filled main level boasts a fantastic open floor plan, ideal for entertaining, w/ a chef's kitchen featuring a large breakfast bar, quartz counters & Café appliances. A custom mudroom & powder room add practicality & style to the space. Upstairs, discover the spacious owner's suite complete w/skylight bath, vaulted ceilings & double closets. Two additional bedrooms, a full bath & convenient laundry area complete the second floor. New heat & central A/C ensure year-round comfort, while upgrades including the roof, siding, windows, plumbing, & electrical offer peace of mind for years to come. Just minutes to schools, parks & transportation. OH's Thur/Sat/Sun

Sale Statistics

Sale Overview
Original List Price: $1,250,000
Final Sale Price: $1,340,000
Difference: +$90,000 (+7.2%)
Performance Metrics
107.2%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $675
Sale $/sq ft: $724
This property sold for $724 per square foot
Sale Summary

This property sold for 7.2% above the original asking price, indicating strong buyer demand.

With only 5 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
1855
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,852 sq ft
Total Rooms
7

Interior Features

Flooring
Wood, Flooring - Hardwood
Heating
Forced Air, Heat Pump
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Interior Features
Bathroom - Half, Mud Room
Laundry Features
Second Floor, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Unfinished
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch - Enclosed, Deck - Composite, Rain Gutters
Patio/Porch Features
Porch - Enclosed, Deck - Composite
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,499 sq ft
Lot Size Area
0.2000

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Detached, Paved Drive, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

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

Community & HOA

Subdivision
East Side/ Winthrop School/ Mount Hood/ Melrose Common
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,646
Tax Year
2024
Tax Assessed Value
$669,300
Parcel Number
M:0F8 P:0000024,656816
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Attached Property
No
Disclosures
Sellers have never lived in property. Taxes before renovations. Measurements are for marketing purposes and should be verified by buyer.
Exclusions
Personal Property

Location

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Neighborhood

East Side/ Winthrop School/ Mount Hood/ Melrose Common

243 First St, 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

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $554
Homeowners Insurance $200
PMI $0

Property History

Market Insights

53.4%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

✓
Sold
Jun 7, 2024
$1,340,000
Property sold
Days on Market: 7
🏠
Listed for Sale
May 2, 2024
$1,250,000
Original listing
Agent: Karen Regan Office: Lyv Realty
Previous Transaction - MLS #73157960
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 26, 2023
$625,000
MLS #73157960
View Listing →

Price & Status History

Date Event Price Change
May 2, 2024 New Listing Added $1,250,000 —
Oct 26, 2023 Sold $625,000 —

Market Statistics

Days on Market
5 days
Price per Sq Ft
$724

Tax History

Year Taxes Assessment
2024 $6,646 $669,300

Financial Details

Annual Property Tax
$6,646
Tax Year 2024
Assessed Value
$669,300

Listing Information

Listing Agent Karen Regan
Listing Office Lyv Realty
Agent MLS ID B8001197
Office MLS ID AN6884

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