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51 Melrose Street # 2D, Melrose MA 02176

Melrose, MA 02176
$395,000
Est. $2,960/month
2
Beds
2
Baths
1,230
Sq Ft
$321
Price/Sq Ft
1972
Year Built
30
Days on Market
Closed Listed May 1, 2018 • MLS# 72318266 Copied!

About this home

Location, Location. Welcome to Melrose Towers – one of the largest units in the complex – 1,230 sq ft. This special unit that shows very well has 2 bedrooms, 2 updated full baths and screened-in balcony overlooking the soccer field. A very spacious living/dining room combo with a large eat-in kitchen that includes laundry hook ups. Master suite with full bath & walk-in closet. Some amenities include Tennis courts, an indoor & outdoor pool. Close to Whole Foods, shops, bus & commuter train

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,230 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $394,900
Final Sale Price: $395,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $321
Sale $/sq ft: $321
This property sold for $321 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 30 days on market before selling.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$321/sq ft
Area Average
$299/sq ft
Difference
+7.2%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,230 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric Baseboard
Cooling Central Air
Flooring Carpet
Appliances Range, Dishwasher, Disposal
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Second Floor
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

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,315
Assessed Value $292,500

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Disposal
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor
Security: Intercom, TV Monitor

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric Baseboard
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

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

51 Melrose Street # 2D, 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

7 schools
St. Mary Elementary School
0.8 mi
Grades PK-08
Early Childhood Center
0.2 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
0.5 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
0.9 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
0.1 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
Learn about these ratings

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

32.5%
Price Range
31
Total Days on Market

Property Timeline

Current Active Listing - MLS #73513735
Full transaction history available when tracking began
🏡
Currently Listed
May 6, 2026
$585,000
MLS #73513735 - Active
Sold
Jul 23, 2018
$395,000
Property sold
Days on Market: 31
🏠
Listed for Sale
May 1, 2018
$394,900
Original listing
Agent: Mary Sexton Office: Century 21 Sexton & Donohue

Price & Status History

Date Event Price Change
May 8, 2026 Sold $585,000
May 1, 2018 New Listing Added $394,900

Market Statistics

Days on Market
30 days
Price per Sq Ft
$321

Tax History

Year Taxes Assessment
2018 $3,315 $292,500

Financial Details

Annual Property Tax
$3,315
Tax Year 2018
HOA Fee
$486
Per month
Assessed Value
$292,500

Listing Information

Listing Agent Mary Sexton
Listing Office Century 21 Sexton & Donohue
Agent MLS ID B0302867
Office MLS ID B13001
Listing Data Updated Jul 23, 2018 3:32 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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