294 E Foster St, Melrose MA 02176

Melrose, MA 02176
$599,986
Est. $3,821/month
3
Beds
2
Baths
1,400
Sq Ft
$429
Price/Sq Ft
0.13
Acres
1920
Year Built
25
Days on Market
Pending Listed Nov 20, 2025 • MLS# 73456681 Copied!

About this home

Welcome to this East Side Melrose home set in a highly sought-after neighborhood overlooking Melrose Commons. Offering 6 rooms, 3 bedrooms, and 2 full baths across approximately 1,400 sq. ft., this property sits on a 5,750 sq. ft. lot with a very private, fully fenced yard and a newer storage shed. The location is quiet and convenient, with easy access to parks, schools, and downtown amenities. While the home needs some updating and TLC, it presents a fantastic opportunity to renovate, personalize, and build equity in one of Melrose’s most desirable areas. This is a must-see opportunity in a prime location!

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
2
Living Area
1,400 sq ft
Total Rooms
6

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,400 sq ft
Lot Size 0.13 acres
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Baseboard, Electric Baseboard, Oil
Cooling None
Flooring Tile, Hardwood
Appliances Water Heater, Range, Refrigerator
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry First Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch - Enclosed, Rain Gutters, Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch - Enclosed

Parking

Features Off Street, Paved
Total Spaces 3

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,041
Assessed Value $711,200

Interior Features

Flooring: Tile, Hardwood
Appliances: Water Heater, Range, Refrigerator
Interior Features:
Windows:
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry: First Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Baseboard, Electric Baseboard, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Rain Gutters, Storage, Fenced Yard
Patio & Porch: Porch - Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Paved

Location

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Neighborhood

294 E Foster St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $587
Homeowners Insurance $200
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
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+0.5% Rate
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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

Property Timeline

Pending Sale
Dec 3, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Nov 20, 2025
$599,986
Original listing
Office: United Brokers

Price & Status History

Date Event Price Change
Nov 20, 2025 New Listing Added $599,986

Market Statistics

Days on Market
25 days
Price per Sq Ft
$429

Tax History

Year Taxes Assessment
2025 $7,041 $711,200

Financial Details

Annual Property Tax
$7,041
Tax Year 2025
Assessed Value
$711,200

Listing Information

Listing Agent Matt Tasgin
Listing Office United Brokers
Agent MLS ID CN238940
Office MLS ID BB9067

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Market Analytics for Melrose, MA

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