BMN Boston

Get our mobile app!

Download on the App Store

40 Morgan Street # 40, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$680,000
Est. $4,226/month
3
Beds
1
Baths
1,285
Sq Ft
$529
Price/Sq Ft
0.14
Acres
1920
Year Built
5
Days on Market
Closed Listed Mar 6, 2024 • MLS# 73208869 Copied!

About this home

You will love this beautiful townhouse located in one of Melrose's coveted neighborhoods, within walking distance Main St with public transportation to the T (orange line), a few minutes from the commuter rail and our fabulous restaurants, shops and all this wonderful community has to offer. This 7 room, 3 bedroom, 1 bath home feels just like a single for a fraction of what single family homes are selling in Melrose. It has hardwood flooring throughout, a brand new gas heating system, brand new windows, brand new top down bottom up shades, brand new roof, freshly painted interior, fully equipped, eat-in kitchen with stainless steel appliances, granite countertops, spacious yard, low condo fee, separate water & sewer, 2 car tandem parking, front porch with ample space to set up where to enjoy the upcoming warmer weather. Pets welcome. Request your private visit or join us for the open house this coming weekend. Offers are due 3/11 @ 12noon.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condex
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Living Area
1,285 sq ft
Total Rooms
7
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $680,000
Difference: +$80,100 (+13.4%)
Performance Metrics
113.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $467
Sale $/sq ft: $529
This property sold for $529 per square foot
Sale Summary

This property sold for 13.4% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condex
Year Built 1920
Living Area 1,285 sq ft
Lot Size 0.14 acres
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Central, Forced Air, Natural Gas, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Wood, Tile, Concrete, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Features Mud Room, Entry Hall, Solar Tube(s), Walk-up Attic, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Patio
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,256
Assessed Value $529,300

Interior Features

Flooring: Wood, Tile, Concrete, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Interior Features: Mud Room, Entry Hall, Solar Tube(s), Walk-up Attic, Internet Available - Unknown
Windows: Insulated Windows, Storm Window(s)
Basement: Y
Laundry: Electric Dryer Hookup, In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2003
Structure Type: Townhouse, Half-Duplex, 2/3 Family, Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas, Individual, Unit Control
Heating Zones: 1
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded, Paved

Location

Loading map...

Neighborhood

Melrose Highlands

40 Morgan Street # 40, Melrose MA 02176

Melrose, MA 02176

Walkability

Loading Walk Score...

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
1.3 mi
Grades PK-08
Early Childhood Center
0.4 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.4 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
A
Roosevelt School
0.6 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
Winthrop School
1.2 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
Lincoln School
1.5 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
1.7 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.6 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
$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 $438
Homeowners Insurance $200
HOA Fee $150/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

11.8%
Price Range
6
Total Days on Market

Property Timeline

Sold
Apr 17, 2024
$680,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Mar 6, 2024
$599,900
Original listing
Agent: Janet Aguilar Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Mar 6, 2024 New Listing Added $599,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$529

Tax History

Year Taxes Assessment
2024 $5,256 $529,300

Financial Details

Annual Property Tax
$5,256
Tax Year 2024
HOA Fee
$150
Monthly
Assessed Value
$529,300

Listing Information

Listing Agent Janet Aguilar
Listing Office Leading Edge Real Estate
Agent MLS ID BB802619
Office MLS ID AN4646
Listing Data Updated Apr 17, 2024 2:40 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

40 Morgan Street # 40, Melrose MA 02176 - Photo 1 40 Morgan Street # 40, Melrose MA 02176 - Photo 2 40 Morgan Street # 40, Melrose MA 02176 - Photo 3 40 Morgan Street # 40, Melrose MA 02176 - Photo 4 40 Morgan Street # 40, Melrose MA 02176 - Photo 5 40 Morgan Street # 40, Melrose MA 02176 - Photo 6 40 Morgan Street # 40, Melrose MA 02176 - Photo 7 40 Morgan Street # 40, Melrose MA 02176 - Photo 8 40 Morgan Street # 40, Melrose MA 02176 - Photo 9 40 Morgan Street # 40, Melrose MA 02176 - Photo 10 40 Morgan Street # 40, Melrose MA 02176 - Photo 11 40 Morgan Street # 40, Melrose MA 02176 - Photo 12 40 Morgan Street # 40, Melrose MA 02176 - Photo 13 40 Morgan Street # 40, Melrose MA 02176 - Photo 14 40 Morgan Street # 40, Melrose MA 02176 - Photo 15 40 Morgan Street # 40, Melrose MA 02176 - Photo 16 40 Morgan Street # 40, Melrose MA 02176 - Photo 17 40 Morgan Street # 40, Melrose MA 02176 - Photo 18 40 Morgan Street # 40, Melrose MA 02176 - Photo 19 40 Morgan Street # 40, Melrose MA 02176 - Photo 20 40 Morgan Street # 40, Melrose MA 02176 - Photo 21 40 Morgan Street # 40, Melrose MA 02176 - Photo 22 40 Morgan Street # 40, Melrose MA 02176 - Photo 23 40 Morgan Street # 40, Melrose MA 02176 - Photo 24 40 Morgan Street # 40, Melrose MA 02176 - Photo 25 40 Morgan Street # 40, Melrose MA 02176 - Photo 26 40 Morgan Street # 40, Melrose MA 02176 - Photo 27 40 Morgan Street # 40, Melrose MA 02176 - Photo 28 40 Morgan Street # 40, Melrose MA 02176 - Photo 29 40 Morgan Street # 40, Melrose MA 02176 - Photo 30 40 Morgan Street # 40, Melrose MA 02176 - Photo 31 40 Morgan Street # 40, Melrose MA 02176 - Photo 32 40 Morgan Street # 40, Melrose MA 02176 - Photo 33 40 Morgan Street # 40, Melrose MA 02176 - Photo 34 40 Morgan Street # 40, Melrose MA 02176 - Photo 35 40 Morgan Street # 40, Melrose MA 02176 - Photo 36 40 Morgan Street # 40, Melrose MA 02176 - Photo 37 40 Morgan Street # 40, Melrose MA 02176 - Photo 38 40 Morgan Street # 40, Melrose MA 02176 - Photo 39 40 Morgan Street # 40, Melrose MA 02176 - Photo 40 40 Morgan Street # 40, Melrose MA 02176 - Photo 41 40 Morgan Street # 40, Melrose MA 02176 - Photo 42
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour