408 Lebanon St # 18, Melrose MA 02176

Melrose, MA 02176 • Wyoming
$560,000
2
Beds
2
Baths
1,704
Sq Ft
$329
Price/Sq Ft
1896
Year Built
2
Parking
41
Days on Market
Sold Listed Nov 1, 2021 • MLS# 72914674 Copied! • Updated Dec 17, 2021

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Sale Statistics

Sale Overview
Original List Price: $539,900
Final Sale Price: $560,000
Difference: +$20,100 (+3.7%)
Performance Metrics
103.7%
List to Sale Ratio
Sold above asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $329
This property sold for $329 per square foot
Sale Summary

This property sold for 3.7% above the original asking price, indicating strong buyer demand.

The property spent 41 days on market before selling.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$329/sq ft
Area Median
$269/sq ft
Difference
+22.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

408 Lebanon Street is more than just a condo, it's a lifestyle. This multi-level penthouse unit is anything but cookie cutter with 1700 square feet of living space including a cathedral ceiling living room with skylights and a cozy pellet stove. The updated kitchen is well appointed with granite counter tops, an inviting breakfast nook and amazing storage in the walk in pantry. The vaulted ceiling master bedroom is an oasis with gorgeous hardwood floors, double closets and updated bathroom with oversized marble vanity. A second full bath and generous loft style bedroom with double closets complete the space. Affordable condo fee, two deeded parking spaces, in unit laundry and central air are just a few of the features that set this unit apart. Located minutes to Oak Grove, downtown Melrose shops and restaurants, welcome home! No showings until Tuesday Nov 2nd.Photos are from when it was staged.

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Recently Sold Nearby

Property History

Market Insights

40%
Price Range
22
Total Days on Market
2
Previous Sales

Property Timeline

Current Active Listing - MLS #73581252
Full transaction history available when tracking began
🏡
Currently Listed
Sep 23, 2026
$629,000
MLS #73581252 - Active
Sold
Dec 13, 2021
$560,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Nov 1, 2021
$539,900
Original listing
Agent: Cheryl Petitpas Office: RE/MAX Platinum
Previous Transaction - MLS #72032439
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 15, 2016
$417,000
MLS #72032439
Previous Transaction - MLS #70676314
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 30, 2008
$377,500
MLS #70676314

Tax History

Year Taxes Assessment
2020 $5,581 $505,100

Financial Details

Annual Property Tax
$5,581
Tax Year 2020
HOA Fee
$350
Monthly
Assessed Value
$505,100

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1896
Living Area 1,704 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Wood, Tile
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace None
Fireplaces 1
Basement N
Laundry Flooring - Laminate, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Pantry

Exterior

Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned, Deeded
Total Spaces 2
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Icemaker Connection
Annual Tax $5,581
Assessed Value $505,100

HOA & Community

HOA Fee $350 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s)
Optional Fee Includes None
Seller Disclosures Two Windows Need Springs Tightened. Pellet Stove Vent Needs To Be Adjusted Per Association. Seller Leaving Brand New Washer/dryer As Gifts Photos Are From When It Was Staged.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 18
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1896
Bedrooms
2
Full Bathrooms
2
Living Area
1,704 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features: Pantry
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Laminate, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1896
Effective Year (Renovated): 1987
Structure Type: Townhouse
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: Assigned, Deeded

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station
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
0.4 mi
Grades PK-08
A+
Winthrop School
0.6 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
0.6 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
A-
Lincoln School
0.6 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
Early Childhood Center
0.9 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
1.1 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
A+
Horace Mann School
1.1 mi | #74 of 825 | Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
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Location

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Neighborhood

Wyoming

408 Lebanon St # 18, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Cheryl Petitpas
Agent MLS ID CT004128
Office MLS ID AN2701
Listing Data Updated Dec 17, 2021 8:57 AM EST
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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