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306 Main Street # 10, Melrose MA 02176

Melrose, MA 02176
$380,000
Est. $2,770/month
1
Beds
1
Baths
657
Sq Ft
$578
Price/Sq Ft
1900
Year Built
11
Days on Market
Closed Listed Jul 31, 2025 • MLS# 73411880 Copied!

About this home

Don’t miss this fantastic opportunity to own a bright, top-floor corner unit in desirable Melrose! This inviting 1-bedroom, 1-bath condominium offers a spacious layout with an open, airy feel. The generous living room, enhanced by recessed lighting, flows seamlessly into a versatile bonus space—ideal for a home office, reading nook, or additional sitting area. Gleaming hardwood floors run throughout, adding warmth and charm. The updated kitchen features granite countertops, modern appliances, and stylish track lighting. Architectural highlights include elegant Palladian windows that bring in abundant natural light and add timeless character to the unit. Additional conveniences include basement laundry and dedicated storage. Ideally located near the commuter rail, Oak Grove T-Station, MBTA bus line and just moments from the shops, restaurants, and amenities of vibrant downtown Melrose, don't let this one pass you by!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
657 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $389,000
Final Sale Price: $380,000
Difference: $9,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $592
Sale $/sq ft: $578
This property sold for $578 per square foot
Sale Summary

This property sold for 2.3% below the original asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$578/sq ft
Area Average
$443/sq ft
Difference
+30.6%

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 1900
Living Area 657 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Steam, Natural Gas
Cooling None
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Basement, In Building
Features Closet, Storage, Home Office, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,370
Assessed Value $340,400

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Closet, Storage, Home Office, Internet Available - Unknown
Windows:
Basement: N
Laundry: In Basement, In Building
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2001
Structure Type: Garden, Low-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

306 Main Street # 10, 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
0.2 mi
Grades PK-08
A
Lincoln School
0.2 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
A-
Herbert Clark Hoover School
0.9 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
Winthrop School
1.0 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
Roosevelt School
1.0 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
1.1 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.3 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

1 school
A-
Melrose Middle School
0.9 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $281
Homeowners Insurance $200
HOA Fee $368/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

2.3%
Price Range
12
Total Days on Market

Property Timeline

Sold
Sep 16, 2025
$380,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jul 31, 2025
$389,000
Original listing
Agent: Sheryl Bird Office: Brad Hutchinson Real Estate

Price & Status History

Date Event Price Change
Jul 31, 2025 New Listing Added $389,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$578

Tax History

Year Taxes Assessment
2025 $3,370 $340,400

Financial Details

Annual Property Tax
$3,370
Tax Year 2025
HOA Fee
$368
Monthly
Assessed Value
$340,400

Listing Information

Listing Office Brad Hutchinson Real Estate
Agent MLS ID CN252232
Office MLS ID B11101
Listing Data Updated Sep 18, 2025 3:47 PM EDT
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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