340 Main Street # 301, Melrose MA 02176

Melrose, MA 02176
$139,000
1
Beds
1
Baths
580
Sq Ft
$240
Price/Sq Ft
1970
Year Built
1
Parking
Condominium
Type
21
Days on Market
Sold Listed Jun 18, 2008 • MLS# 70779884 Copied! • Updated Apr 1, 2025

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Sale Statistics

Sale Overview
Original List Price: $147,000
Final Sale Price: $139,000
Difference: $8,000 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $253
Sale $/sq ft: $240
This property sold for $240 per square foot
Sale Summary

This property sold for 5.4% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$240/sq ft
Area Median
$534/sq ft
Difference
55.1%

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

About this home

Priced to sell! Third floor corner unit with balcony in the hub of the local restaurant and shopping district. Sunny space, one deeded parking space (Grove St), and parquet floors. Traditional garden style layout, eat in kitchen, foyer & ample closet space. Just a block away from the West Wyoming Commuter rail stop and steps to the bus line that zips commuters to Oak Grove. Great opportunity for a first time home buyer or one looking to downsize with the convenience of city living.

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Recently Sold Nearby

Property History

Market Insights

56.8%
Price Range
23
Total Days on Market
3
Previous Sales

Property Timeline

Previous Transaction - MLS #73538116
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 17, 2026
$322,000
MLS #73538116
View Listing →
Previous Transaction - MLS #72716657
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 29, 2020
$280,000
MLS #72716657
View Listing →
Previous Transaction - MLS #72254360
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 19, 2018
$225,000
MLS #72254360
View Listing →
✓
Sold
Aug 1, 2008
$139,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Jun 18, 2008
$147,000
Original listing
Agent: Stephen Cefalo Office: RE/MAX Heritage, LLC

Tax History

Year Taxes Assessment
2008 $1,636 $156,900

Financial Details

Annual Property Tax
$1,636
Tax Year 2008
HOA Fee
$273
Per month
Assessed Value
$156,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 580 sq ft
Stories 1
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric
Cooling Wall Unit(s)
Flooring Wood, Other
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Fourth Floor
Features None

Exterior

Construction Stone
Architecture None
Roof Other
Features Balcony, Other
Pool None
Spa None
Fencing None
Patio/Porch None
Has Garage Yes
Features Assigned, Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public, City/town Water, City/town Sewer
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $1,636
Assessed Value $156,900

HOA & Community

HOA Fee $273
Fee Includes Water, Sewer, Security, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Hot Water, Laundry, Elevator(s), Storage
Optional Fee Includes None
Pets No
Lead Paint Unknown
Seller Disclosures As With All Our Listings, Please See Sellers Disclosure And Listing Sheet; Parking Sp Off Grove St.
Exclusions See Inclusion/Exclusion Form & Personal Property
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 301
Sq Ft Source Field Card
Documents Master Deed (1)
County Middlesex
Total market time (incl. prior listings) 23 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
580 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Wood, Other
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Fourth Floor
Security: Intercom

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1982
Structure Type: Mid-Rise
Exterior Materials: Stone
Roof: Other
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public, City/Town Water, City/Town Sewer
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Off Street
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
St. Mary Elementary School
0.2 mi
Grades PK-08
A-
Lincoln School
0.2 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
0.9 mi | #204 of 825 | Score: 54.6
Dropped 74 spots from last year
-3.6 below state avg
266 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
1.0 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.4 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.7 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.8 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Malden Catholic High School
2.0 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

340 Main Street # 301, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Stephen Cefalo
Listing Office RE/MAX Heritage, LLC
Office Phone 781-979-0100
Agent MLS ID B8001252
Office MLS ID B13601
Listing Data Updated Apr 1, 2025 5:53 AM 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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