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43-51 Albion # 8, Melrose MA 02176

Melrose, MA 02176
$330,000
Est. $2,556/month
1
Beds
1
Baths
710
Sq Ft
$465
Price/Sq Ft
1976
Year Built
71
Days on Market
Closed Listed Apr 5, 2025 • MLS# 73355308 Copied!

About this home

Fabulous 1 br, 1 bath condo near downtown Melrose. Top floor unit with sliders to a deck and Southerly exposure. Drive right in to your elec. eye garage with easy interior access to the building and elevator. So convenient to downtown Melrose. Heat and Hot water included in the condo fee! Large laundry room with coin-op laundry facilities. Fast closing possible--move right in. No Pets allowed. No smoking or vaping of anything on the property. A 2nd private garage space may be available for rent in the building.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1976
Bedrooms
1
Full Bathrooms
1
Living Area
710 sq ft
Total Rooms
4
Stories
4
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $330,000
Difference: $39,900 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $465
This property sold for $465 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

The property spent 71 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$465/sq ft
Area Average
$262/sq ft
Difference
+77.3%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 710 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central
Cooling Wall Unit(s)
Flooring Laminate
Appliances Range
Fireplace None
Basement N
Laundry Common Area
Features None

Exterior

Construction Frame, Brick, Stone
Architecture None
Roof Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Assigned
Total Spaces 1

Utilities

Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,887
Assessed Value $291,600

Interior Features

Flooring: Laminate
Appliances: Range
Interior Features:
Windows:
Basement: N
Laundry: Common Area
Security: Intercom

Construction & Materials

Year Built: 1976
Structure Type: Garden
Exterior Materials: Frame, Brick, Stone
Roof: Rubber
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned

Location

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Neighborhood

43-51 Albion # 8, 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 $241
Homeowners Insurance $200
HOA Fee $447/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

5.4%
Price Range
73
Total Days on Market

Property Timeline

Sold
Jun 27, 2025
$330,000
Property sold
Days on Market: 73
🏠
Listed for Sale
Apr 5, 2025
$349,000
Original listing
Agent: Todd Finn, Esq. Office: Doyle Real Estate

Price & Status History

Date Event Price Change
Apr 5, 2025 New Listing Added $349,000

Market Statistics

Days on Market
71 days
Price per Sq Ft
$465

Tax History

Year Taxes Assessment
2025 $2,887 $291,600

Financial Details

Annual Property Tax
$2,887
Tax Year 2025
HOA Fee
$447
Monthly
Assessed Value
$291,600

Listing Information

Listing Office Doyle Real Estate
Agent MLS ID B0502002
Office MLS ID NB9081
Listing Data Updated Jun 30, 2025 3:13 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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