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49 Melrose Street # 7A, Melrose MA 02176

Melrose, MA 02176
$430,000
Est. $3,074/month
1
Beds
1
Baths
792
Sq Ft
$543
Price/Sq Ft
1972
Year Built
6
Days on Market
Closed Listed Apr 18, 2024 • MLS# 73225687 Copied!

About this home

Nestled in the heart of Melrose, this modern one-bedroom condo boasts sleek design and functionality. The open living space is adorned with a floor-to-ceiling sliding glass doors, flooding the room with natural light and offering views of the soccer fields. The kitchen features stainless steel appliances, granite countertops, and ample storage, perfect for culinary enthusiasts. The cozy bedroom offers a peaceful retreat, while the updated bathroom showcases luxurious fixtures and a spa-like atmosphere. With its prime location and contemporary amenities, this condo epitomizes urban living at its finest. This beautiful condo was recently updated from head to toe (2020), including the mini-split heat/AC system and the hot water heater that is 2 years young. Enjoy resort-style living with an indoor & outdoor pool for year-round relaxation. Stay active with tennis and basketball courts, perfect for outdoor recreation. Don't wait on this one! See it today!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
792 sq ft
Total Rooms
4
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $430,000
Difference: +$30,100 (+7.5%)
Performance Metrics
107.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $505
Sale $/sq ft: $543
This property sold for $543 per square foot
Sale Summary

This property sold for 7.5% above the original asking price, indicating strong buyer demand.

With only 6 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
$543/sq ft
Area Average
$262/sq ft
Difference
+107.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 792 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Ductless
Cooling Ductless
Flooring None
Appliances Range, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,694
Assessed Value $372,000

Interior Features

Flooring:
Appliances: Range, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric Baseboard, Ductless
Cooling: Ductless
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: 1
Parking Features: Off Street, Assigned, Paved

Location

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Neighborhood

49 Melrose Street # 7A, 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 $308
Homeowners Insurance $200
HOA Fee $392/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

7%
Price Range
8
Total Days on Market

Property Timeline

Sold
May 28, 2024
$430,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Apr 18, 2024
$399,900
Original listing
Agent: Kevin Sexton Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Apr 18, 2024 New Listing Added $399,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$543

Tax History

Year Taxes Assessment
2024 $3,694 $372,000

Financial Details

Annual Property Tax
$3,694
Tax Year 2024
HOA Fee
$392
Monthly
Assessed Value
$372,000

Listing Information

Listing Agent Kevin Sexton
Listing Office William Raveis R.E. & Home Services
Agent MLS ID B8000615
Office MLS ID AN7152
Listing Data Updated May 30, 2024 7:43 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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