49 Melrose St # 4B, Melrose MA 02176

Melrose, MA 02176
$499,900
Est. $3,732/month
2
Beds
2
Baths
1,234
Sq Ft
$405
Price/Sq Ft
1972
Year Built
1
Parking
83
Days on Market
Sale Pending Listed May 6, 2026 • MLS# 73514258 Copied! • Updated Jul 31, 2026

About this home

Welcome to Melrose Towers! This spacious corner-unit offers an open and inviting layout featuring a large living and dining area that lead to a private balcony — perfect for relaxing or entertaining. The convenient galley kitchen includes a charming breakfast nook overlooking the greens of Franklin Field. The unit features two generously sized bedrooms, both with walk-in closets, including a primary suite with its own private bath. Washer dryer hook ups in unit, along with abundant closet and pantry space throughout the unit. Freshly painted and brand new flooring! Additional private storage is also available in the basement. Residents enjoy exceptional amenities including two swimming pools, sauna's, tennis courts, basketball courts, and beautifully maintained grounds. Ideally located next to Towers Plaza, Melrose Middle and High School. This home also offers easy access to Franklin Square, downtown restaurant's and shops and the Melrose Commuter rail stop, all less than a mile away!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jul 17, 2026
Active → Active Under Contract
Pending Sale
Jul 16, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 28, 2026
New showing requirements
🏠
Listed for Sale
May 7, 2026
$499,900
Original listing
Agent: The DiPietro and Bekkenhuis Group Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2025 $4,576 $462,200

Financial Details

Annual Property Tax
$4,576
Tax Year 2025
HOA Fee
$623
Monthly
Assessed Value
$462,200

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,234 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air
Flooring Vinyl
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry Fourth Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony, Screens
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Has Garage Yes
Features Detached, Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $4,576
Assessed Value $462,200

HOA & Community

HOA Fee $623 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Laundry, Tennis Court(s), Recreation Facilities, Sauna/steam, Storage
Optional Fee Includes None
Pets Yes
Seller Disclosures Room Dimensions Are Approximate. Additional Car Port Parking Space Available For Purchase. Ask List Agent For Details. Some Photos Are Enhanced/virtually Staged.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 4B
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Middlesex
Total market time (incl. prior listings) 67 days

Property Overview

Property Type
Condominium
Listing Type
Sale Pending
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,234 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Floor Layout

Interior Features

Flooring: Vinyl
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Fourth Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Detached, Off Street
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
0.9 mi
Grades PK-08
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.4 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+
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
Winthrop School
0.8 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
1.0 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
1.3 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
0.2 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $381
Homeowners Insurance $200
HOA Fee $623/mo
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

49 Melrose St # 4B, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent The DiPietro and Bekkenhuis Group
Listing Office LAER Realty Partners
Office Phone 781-627-7200
Agent MLS ID TM353012
Office MLS ID AN3158
Listing Data Updated Jul 31, 2026 3:05 AM 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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