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53 Melrose Street # 7F, Melrose MA 02176

Melrose, MA 02176
$468,000
Est. $3,622/month
2
Beds
1
Baths
1,080
Sq Ft
$433
Price/Sq Ft
1961
Year Built
31
Days on Market
Closed Listed Jun 4, 2025 • MLS# 73385599 Copied!

About this home

Welcome to the penthouse level of The Melrose Towers. Spectacular city and pond views await from this freshly updated 7th-floor condominium. The enclosed balcony provides a stunning vantage point overlooking Ell Pond with Boston's skyline gracing the horizon. Both bedrooms capture these impressive views and offer ample closet space. The open concept living and dining area, enhanced with new flooring and fresh paint throughout, creates an ideal space for entertaining or relaxing. This amenity-rich building provides indoor and outdoor pools, tennis courts, common laundry, and additional basement storage. Positioned in the heart of Melrose, steps from Whole Foods, coffee shops, and everyday conveniences. This move-in ready home combines stunning views, modern updates, and an unbeatable location with resort-style amenities.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1961
Bedrooms
2
Full Bathrooms
1
Living Area
1,080 sq ft
Total Rooms
5
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $465,000
Final Sale Price: $468,000
Difference: +$3,000 (+0.6%)
Performance Metrics
100.6%
List to Sale Ratio
Sold above asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $431
Sale $/sq ft: $433
This property sold for $433 per square foot
Sale Summary

This property sold for 0.6% above the original asking price, indicating strong buyer demand.

The property spent 31 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
$433/sq ft
Area Average
$262/sq ft
Difference
+65.1%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1961
Living Area 1,080 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Vinyl, Engineered Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony / Deck, Porch - Enclosed, Professional Landscaping
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch Enclosed

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Assigned
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $4,598
Assessed Value $464,400

Interior Features

Flooring: Tile, Vinyl, Engineered Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1961
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 1
Cooling: Ductless
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Porch - Enclosed, Professional Landscaping
Patio & Porch: Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Assigned

Location

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Neighborhood

53 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 $383
Homeowners Insurance $200
HOA Fee $672/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

0.6%
Price Range
33
Total Days on Market

Property Timeline

Sold
Jul 31, 2025
$468,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Jun 4, 2025
$465,000
Original listing
Agent: The Kim Perrotti Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jun 4, 2025 New Listing Added $465,000

Market Statistics

Days on Market
31 days
Price per Sq Ft
$433

Tax History

Year Taxes Assessment
2025 $4,598 $464,400

Financial Details

Annual Property Tax
$4,598
Tax Year 2025
HOA Fee
$672
Monthly
Assessed Value
$464,400

Listing Information

Listing Agent The Kim Perrotti Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM005187
Office MLS ID AN4646
Listing Data Updated Jul 31, 2025 3:57 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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