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49 Melrose Street # 4E, Melrose MA 02176

Melrose, MA 02176
$360,000
Est. $2,674/month
1
Beds
1
Baths
804
Sq Ft
$448
Price/Sq Ft
1972
Year Built
14
Days on Market
Closed Listed Apr 11, 2023 • MLS# 73097210 Copied!

About this home

1-bedroom unit at the desirable Melrose Towers! This sun-filled unit features an open-concept living/dining room combo opening up to a screened-in balcony. The bright eat-in kitchen is fully applianced with a stacked washer/dryer. The spacious bedroom features large picture windows. Large closets, central ac, and an assigned storage unit add to the appeal. Great location close to the Commuter Rail and Orange Line, Whole Foods, and the shops and restaurants of downtown Melrose. Melrose Towers is a professionally managed elevator building offering residents an indoor and outdoor pool, Sauna, tennis court, basketball court, and grilling stations. Open House: Saturday, April 15th and Sunday, April 16th. 12-1pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
804 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $360,000
Final Sale Price: $360,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $448
Sale $/sq ft: $448
This property sold for $448 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$448/sq ft
Area Average
$281/sq ft
Difference
+59.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 804 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Unit Control
Cooling Central Air, Unit Control
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Sauna/steam/hot Tub

Exterior

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

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,294
Assessed Value $316,100

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Sauna/Steam/Hot Tub
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric Baseboard, Unit Control
Heating Zones: 2
Cooling: Central Air, Unit Control
Cooling Zones: 1
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

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

49 Melrose Street # 4E, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

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

3 schools
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
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
H

High Schools

1 school
A-
Stoneham High School
1.4 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
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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 $275
Homeowners Insurance $200
HOA Fee $379/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

12.2%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73381906
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 18, 2025
$410,000
MLS #73381906
Sold
Aug 1, 2023
$360,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Apr 11, 2023
$360,000
Original listing
Agent: Heather Flynn-Mulford Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Jul 18, 2025 Sold $410,000
Apr 11, 2023 New Listing Added $360,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$448

Tax History

Year Taxes Assessment
2023 $3,294 $316,100

Financial Details

Annual Property Tax
$3,294
Tax Year 2023
HOA Fee
$379
Monthly
Assessed Value
$316,100

Listing Information

Listing Agent Heather Flynn-Mulford
Listing Office Coldwell Banker Realty - Newton
Agent MLS ID CN233414
Office MLS ID AN6227
Listing Data Updated Aug 2, 2023 1:24 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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