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408 Lebanon # 15, Melrose MA 02176

Melrose, MA 02176 • Wyoming
$625,000
Est. $4,229/month
2
Beds
2
Baths
1,700
Sq Ft
$368
Price/Sq Ft
1896
Year Built
8
Days on Market
Closed Listed Sep 2, 2024 • MLS# 73283620 Copied!

About this home

Exceptional penthouse located in the Washington Estates, just a short walk from downtown Melrose. Spanning approx. 1,700 sq ft, this residence offers 2+ bedrooms and 2 full baths. As you step inside, you're greeted by an abundance of natural light pouring through two skylights, highlighting the soaring vaulted ceilings and hardwood floors throughout. The open floor plan seamlessly connects the spacious dining room and living room, creating a perfect space for both relaxation and entertaining. The gourmet kitchen features brand-new quartz countertops and a stylish backsplash, complemented by an adjacent office area ideal for working from home. The expansive primary bedroom is a retreat of its own, double closets and an ensuite bathroom for ultimate privacy. A den off the living room complete with built-ins. a skylight, and a pocket door, skylight, and a pocket door, adds charm. Large second bedroom, designed in a loft style double closets. Central air. Comes with 2 parking spots.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1896
Bedrooms
2
Full Bathrooms
2
Living Area
1,700 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $625,000
Difference: $4,900 (-0.8%)
Performance Metrics
99.2%
List to Sale Ratio
Sold below asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $371
Sale $/sq ft: $368
This property sold for $368 per square foot
Sale Summary

This property sold for 0.8% below the original asking price.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$368/sq ft
Area Average
$418/sq ft
Difference
11.9%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1896
Living Area 1,700 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Oven, Dishwasher, Disposal, Range, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup
Features Exercise Room, Den

Exterior

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

Parking

Features Off Street
Total Spaces 2

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $6,220
Assessed Value $626,400

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator, Freezer, Washer, Dryer
Interior Features: Exercise Room, Den
Windows: Skylight
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1896
Effective Year (Renovated): 1984
Structure Type: Townhouse, Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Location

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Neighborhood

Wyoming

408 Lebanon # 15, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

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 $518
Homeowners Insurance $200
HOA Fee $350/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

0.8%
Price Range
9
Total Days on Market

Property Timeline

Sold
Oct 15, 2024
$625,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Sep 2, 2024
$629,900
Original listing
Agent: Cheryl Petitpas Office: RE/MAX Platinum

Price & Status History

Date Event Price Change
Sep 2, 2024 New Listing Added $629,900

Market Statistics

Days on Market
8 days
Price per Sq Ft
$368

Tax History

Year Taxes Assessment
2024 $6,220 $626,400

Financial Details

Annual Property Tax
$6,220
Tax Year 2024
HOA Fee
$350
Monthly
Assessed Value
$626,400

Listing Information

Listing Agent Cheryl Petitpas
Listing Office RE/MAX Platinum
Agent MLS ID CT004128
Office MLS ID AN4663
Listing Data Updated Oct 16, 2024 8:27 AM 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

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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