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49 Melrose Street # 7F, Melrose MA 02176

Melrose, MA 02176
$402,500
Est. $2,997/month
2
Beds
2
Baths
1,226
Sq Ft
$328
Price/Sq Ft
1972
Year Built
35
Days on Market
Closed Listed Jan 12, 2018 • MLS# 72270227 Copied!

About this home

Welcome to Melrose Towers!!! “A rare find”. One of the most desirable Condos in the City due to the convenience of bus, train, shopping, Whole Foods and downtown Melrose Center that has much to offer. This unit is on the top floor and consists of 2 bedrooms (master suite with full bath and a walk in closet). 2 full baths, eat-in kitchen (with laundry) and large living room/dining room combo. One of the big pluses is the hard to find ‘separate garage’ on the ground level of the building. Bedrooms and kitchen get Southern exposure bringing in lots of bright sunlight. A must see!!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,226 sq ft
Total Rooms
5
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $409,900
Final Sale Price: $402,500
Difference: $7,400 (-1.8%)
Performance Metrics
98.2%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $328
This property sold for $328 per square foot
Sale Summary

This property sold for 1.8% below the original asking price.

The property spent 35 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
$328/sq ft
Area Average
$281/sq ft
Difference
+16.7%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,226 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air
Flooring Laminate
Appliances Dishwasher, Disposal
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, In Unit
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,311
Assessed Value $292,200

Interior Features

Flooring: Laminate
Appliances: Dishwasher, Disposal
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, In Unit
Security:

Construction & Materials

Year Built: 1972
Structure Type: Garden
Exterior Materials:
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
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: Under, Off Street

Location

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Neighborhood

49 Melrose Street # 7F, 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 $276
Homeowners Insurance $200
HOA Fee $486/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

30.6%
Price Range
36
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73393139
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 8, 2025
$580,000
MLS #73393139
Sold
Apr 27, 2018
$402,500
Property sold
Days on Market: 36
🏠
Listed for Sale
Jan 12, 2018
$409,900
Original listing
Agent: Mary Sexton Office: Century 21 Sexton & Donohue

Price & Status History

Date Event Price Change
Aug 8, 2025 Sold $580,000
Jan 12, 2018 New Listing Added $409,900

Market Statistics

Days on Market
35 days
Price per Sq Ft
$328

Tax History

Year Taxes Assessment
2017 $3,311 $292,200

Financial Details

Annual Property Tax
$3,311
Tax Year 2017
HOA Fee
$486
Per month
Assessed Value
$292,200

Listing Information

Listing Agent Mary Sexton
Listing Office Century 21 Sexton & Donohue
Agent MLS ID B0302867
Office MLS ID B13001
Listing Data Updated May 2, 2018 2:21 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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