53 Melrose Street # 2B, Melrose MA 02176

Melrose, MA 02176
$419,000
Est. $3,430/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
1,080
Sq Ft
$388
Price/Sq Ft
1961
Year Built
1
Garage Space
3 hours 13 minutes
Time on Market
For Sale Open House Listed Sep 30, 2026 • MLS# 73584324 Copied! • Updated Sep 30, 2026

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Open House Schedule

01
Oct
Thursday, October 1
4:30 PM - 6:00 PM EDT

About this home

You might not recognize this one—let us reintroduce you to Unit 2B at The Towers! This bright second-floor unit offers the easy, amenity-filled lifestyle that continues to make this community such a popular choice. Located in Building 53, home to the indoor pool and sauna, Unit 2B features a comfortable open layout connecting the living room, dining area and kitchen. Sliders lead to the enclosed balcony, creating additional space to relax and enjoy throughout the seasons. The spacious primary bedroom also offers balcony access along with generous closet space, while the second bedroom easily accommodates a variety of furniture and uses. Luxury vinyl flooring and freshly painted walls give the unit a clean, updated feel, and the glass in all balcony windows has recently been replaced. Even better, this unit includes assigned parking space #12B conveniently located near the front entrance PLUS garage space #47. Indoor and outdoor pools, great amenities, a central location and a well-managed community complete the package.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 30, 2026
$419,000
Original listing
Agent: The Kim Perrotti Team Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2026 $4,689 $408,800

Financial Details

Annual Property Tax
$4,689
Tax Year 2026
HOA Fee
$720
Monthly
Assessed Value
$408,800

Facts & Features

1 Car Garage
Central AC

Home Facts

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

Interior

Heating Electric
Cooling Central Air
Flooring Carpet, Vinyl
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features Balcony - Interior, Slider, Living/dining Rm Combo

Exterior

Construction None
Architecture None
Roof None
Features Balcony / Deck, Balcony, Professional Landscaping
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Off Street, Assigned, Deeded
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $4,689
Assessed Value $408,800

HOA & Community

HOA Fee $720 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s), Tennis Court(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures Please See Info Pack In Mls For Sellers Statement.
Exclusions Please See Inclusion/Exclusion Sheet In Info Pack
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2B
Sq Ft Source Public Record
Sq Ft Disclosures Room measurements are estimated and vary between listing info and floor plans; buyers should verify.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (6)
County Middlesex
Total market time (incl. prior listings) 118 days

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
2

Floor Layout

Interior Features

Flooring: Carpet, Vinyl
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Balcony - Interior, Slider, Living/Dining Rm Combo
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1961
Structure Type: Garden
Exterior Materials:
Roof:
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 / Deck, Balcony, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Off Street, Assigned, Deeded
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
0.2 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
0.4 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
A+
Horace Mann School
0.5 mi | #74 of 825 | Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A-
Melrose Middle School
0.1 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.1 mi | #129 of 352 | Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.4 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
A-
Wakefield Memorial High School
2.1 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.1 mi | #265 of 346 | Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $391
Homeowners Insurance $200
HOA Fee $720/mo
PMI (if <20% down) $0

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Payment Over Time

Interest
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Year 1
95% Interest
Year 15
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Year 30
95% Principal
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Neighborhood

53 Melrose Street # 2B, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent The Kim Perrotti Team
Listing Office Leading Edge Real Estate
Office Phone 781-979-0100
Agent MLS ID TM005187
Office MLS ID AN4646
Listing Data Updated Sep 30, 2026 11:23 AM 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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