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3 Russett Lane, Melrose MA 02176

Melrose, MA 02176 • Eastside/Bellevue CC
$1,250,000
Est. $7,336/month
5
Beds
3.5
Baths
3,383
Sq Ft
$369
Price/Sq Ft
0.37
Acres
1960
Year Built
54
Days on Market
Closed Listed Jun 5, 2025 • MLS# 73382350 Copied!

About this home

NEW PRICE - SELLER READY TO MOVE! Melrose is a short commute from Boston, and offers vibrant local shops and restaurants, excellent schools, and easy access to the commuter rail, major highways and Logan Airport. This deceptively spacious home located in the desirable Bellevue Country Club area on 1/3 acre and private cul-de-sac offers a rare combination of privacy & convenience. Enjoy the ease of hosting in style in the open-concept, main living area, featuring fireplace and direct access to treetop deck overlooking wooded grounds. The lower-level, sun-filled guest suite w/ separate entrance, bedroom, living room, full bath, wet bar offers privacy and independence for in-laws, au pair, or guests. With10 versatile rooms (ideal for multigenerational living, growing households), a versatile layout, plus bonus spaces (5th bedroom, enclosed sun porch, and office for remote work), this home offers tremendous flexibility for your evolving needs. A must see! Schedule your private tour today

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1960
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,383 sq ft
Total Rooms
10
Main Level Bedrooms
3

Sale Statistics

Sale Overview
Original List Price: $1,475,000
Final Sale Price: $1,250,000
Difference: $225,000 (-15.3%)
Performance Metrics
84.7%
List to Sale Ratio
Sold below asking price
54
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $436
Sale $/sq ft: $369
This property sold for $369 per square foot
Sale Summary

This property sold for 15.3% below the original asking price.

The property spent 54 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$369/sq ft
Area Average
$418/sq ft
Difference
11.8%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1960
Living Area 3,383 sq ft
Lot Size 0.37 acres
Bedrooms 5
Full Baths 3
Half Baths 1
Total Rooms 10

Interior

Heating Central, Baseboard, Oil
Cooling Central Air
Flooring Wood, Tile, Flooring - Hardwood, Flooring - Wood, Flooring - Stone/ceramic Tile, Laminate
Appliances Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Full, Finished, Walk-out Access, Interior Entry, Garage Access
Laundry Electric Dryer Hookup, Washer Hookup, Sink, In Basement
Features Closet, Wet Bar, Recessed Lighting, Closet - Double, Bathroom - Half, Entrance Foyer, Sitting Room, Sun Room, Bathroom, Entry Hall, Office

Exterior

Construction None
Architecture Raised Ranch
Roof None
Features Porch - Enclosed, Deck - Composite, Patio, Rain Gutters, Screens, Fenced Yard, Fruit Trees
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch - Enclosed, Deck - Composite, Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Under, Garage Door Opener, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,789
Assessed Value $988,800

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood, Flooring - Wood, Flooring - Stone/Ceramic Tile, Laminate
Appliances: Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Closet, Wet bar, Recessed Lighting, Closet - Double, Bathroom - Half, Entrance Foyer, Sitting Room, Sun Room, Bathroom, Entry Hall, Office
Windows: Screens
Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access
Laundry: Electric Dryer Hookup, Washer Hookup, Sink, In Basement
Security: Security System

Construction & Materials

Style: Raised Ranch
Year Built: 1960
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central, Baseboard, Oil
Heating Zones: 4
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck - Composite, Patio, Rain Gutters, Screens, Fenced Yard, Fruit Trees
Patio & Porch: Porch - Enclosed, Deck - Composite, Patio
Fencing: Fenced
Other Structures:
Lot Features: Wooded, Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Attached, Under, Garage Door Opener, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:

Location

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Neighborhood

Eastside/Bellevue CC

3 Russett Lane, 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

7 schools
St. Mary Elementary School
1.4 mi
Grades PK-08
A
Winthrop School
0.6 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
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
Early Childhood Center
0.8 mi
246 students Moderate
Grades PK-K
A-
Herbert Clark Hoover School
1.1 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Roosevelt School
1.3 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
A
Lincoln School
1.6 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
1.1 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $816
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

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Current Rate
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+0.5% Rate
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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

55
Total Days on Market

Property Timeline

Sold
Aug 27, 2025
$1,250,000
Property sold
Days on Market: 55
🏠
Listed for Sale
Jun 5, 2025
$1,250,000
Original listing
Agent: Diane Reynolds Office: Century 21 North East

Price & Status History

Date Event Price Change
Jun 5, 2025 New Listing Added $1,250,000

Market Statistics

Days on Market
54 days
Price per Sq Ft
$369

Tax History

Year Taxes Assessment
2025 $9,789 $988,800

Financial Details

Annual Property Tax
$9,789
Tax Year 2025
Assessed Value
$988,800

Listing Information

Listing Agent Diane Reynolds
Listing Office Century 21 North East
Agent MLS ID CN206166
Office MLS ID AN4339
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

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