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43-51 Albion St # B4, Melrose MA 02176

Melrose, MA 02176
$450,000
Est. $3,320/month
2
Beds
1
Baths
1,200
Sq Ft
$375
Price/Sq Ft
1976
Year Built
39
Days on Market
Closed Listed Sep 26, 2024 • MLS# 73295156 Copied!

About this home

Welcome to Villa Cordoba, nestled in a quiet Melrose neighborhood and conveniently located to schools, quaint downtown, shopping, entertainment and transportation. Spacious 5-room 2-Bed 1-Bath is vacant and ready for immediate occupancy. The unit comes with 2 off-street parking spaces:1 in-building garage and 1 outdoor space. There are no restrictions for investors. Over $500k in common area/building improvements have been completed over the past 10+ years. Building amenities include an Elevator and Coin Op Laundry Room. There is an additional storage 4'x4'x4' bin on the lower level and space in the garage. The property is professionally managed. Heat and Hot water is included in the monthly Condo fee, Heat is regulated individually in the unit. Don't miss out on the opportunity to own in Melrose.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1976
Bedrooms
2
Full Bathrooms
1
Living Area
1,200 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $485,000
Final Sale Price: $450,000
Difference: $35,000 (-7.2%)
Performance Metrics
92.8%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $404
Sale $/sq ft: $375
This property sold for $375 per square foot
Sale Summary

This property sold for 7.2% below the original asking price.

The property spent 39 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
$375/sq ft
Area Average
$262/sq ft
Difference
+43.0%

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 1,200 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Off Street
Total Spaces 2

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,583
Assessed Value $360,800

Interior Features

Flooring: Tile, Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1976
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Garage Door Opener, Storage, Off Street

Location

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Neighborhood

43-51 Albion St # B4, 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 $299
Homeowners Insurance $200
HOA Fee $546/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

2%
Price Range
40
Total Days on Market

Property Timeline

Sold
Dec 4, 2024
$450,000
Property sold
Days on Market: 40
🏠
Listed for Sale
Sep 26, 2024
$459,000
Original listing
Agent: Judith Driscoll Office: Century 21 CELLI

Price & Status History

Date Event Price Change
Sep 26, 2024 New Listing Added $459,000

Market Statistics

Days on Market
39 days
Price per Sq Ft
$375

Tax History

Year Taxes Assessment
2024 $3,583 $360,800

Financial Details

Annual Property Tax
$3,583
Tax Year 2024
HOA Fee
$546
Monthly
Assessed Value
$360,800

Listing Information

Listing Office Century 21 CELLI
Agent MLS ID CN240246
Office MLS ID AC1531
Listing Data Updated Dec 7, 2024 8:59 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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