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260 Tremont St # 7, Melrose MA 02176

Melrose, MA 02176
$412,000
Est. $2,967/month
2
Beds
1
Baths
938
Sq Ft
$439
Price/Sq Ft
1961
Year Built
17
Days on Market
Closed Listed Oct 16, 2025 • MLS# 73444316 Copied!

About this home

Welcome to The Plaza Condominiums—where comfort and convenience meet in this bright, corner-unit. An inviting open layout with a spacious living and dining area that flows to a large private balcony—perfect for morning coffee or relaxing outdoors. The updated kitchen offers granite countertops, stainless steel appliances, and ample cabinet space. Two well-proportioned bedrooms provide generous closet space, a full bath and gleaming hardwood floors throughout. One deeded off-street parking space is included. The building is ideally located just steps from the commuter rail, local restaurants, and shops—making it a perfect choice for commuters and anyone seeking a low-maintenance lifestyle in a prime location.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1961
Bedrooms
2
Full Bathrooms
1
Living Area
938 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $412,000
Difference: +$12,100 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $426
Sale $/sq ft: $439
This property sold for $439 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 17 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
$439/sq ft
Area Average
$258/sq ft
Difference
+70.0%

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 1961
Living Area 938 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Electric Baseboard
Cooling Wall Unit(s)
Flooring Hardwood, Wood Laminate
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Entrance Foyer

Exterior

Construction Brick, Stone
Architecture None
Roof None
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,713
Assessed Value $375,100

Interior Features

Flooring: Hardwood, Wood Laminate
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Entrance Foyer
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1961
Structure Type: Mid-Rise
Exterior Materials: Brick, Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

260 Tremont St # 7, 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
A
Roosevelt School
0.2 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
Early Childhood Center
0.3 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.6 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
0.3 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
1.8 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

2 schools
A-
Stoneham High School
1.1 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
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate 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 $309
Homeowners Insurance $200
HOA Fee $374/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

2.9%
Price Range
18
Total Days on Market

Property Timeline

Sold
Dec 3, 2025
$412,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Oct 16, 2025
$399,900
Original listing
Agent: Donald Richmond Office: Gold Key Realty LLC

Price & Status History

Date Event Price Change
Oct 16, 2025 New Listing Added $399,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$439

Tax History

Year Taxes Assessment
2025 $3,713 $375,100

Financial Details

Annual Property Tax
$3,713
Tax Year 2025
HOA Fee
$374
Monthly
Assessed Value
$375,100

Listing Information

Listing Agent Donald Richmond
Listing Office Gold Key Realty LLC
Agent MLS ID CN213482
Office MLS ID AN2653
Listing Data Updated Dec 3, 2025 3:04 PM EST
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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