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569 Franklin St # 6, Melrose MA 02176

Melrose, MA 02176
$407,000
Est. $3,105/month
2
Beds
1.5
Baths
1,378
Sq Ft
$295
Price/Sq Ft
1910
Year Built
18
Days on Market
Closed Listed Aug 1, 2018 • MLS# 72371473 Copied!

About this home

Gentle breezes and a multitude of natural sunlight fill this corner penthouse unit located at UNDERCLIFF Terrace in the Melrose Highlands. Historical charm merges with contemporary in this elegant and sprawling unit. From your entry point into the grand foyer, you are immediately emerged in a charm and a classical style. High ceilings and hardwood flooring throughout are just some of the things that await you. Formal living room and formal dining room with french doors, both with coffered ceilings; an updated gourmet style kitchen with soapstone countertops, stainless steel appliances and white plantation cabinets; a master bedroom with built ins; a second bedroom and a spacious office with windows on three sides; and finally a bonus room off of the main living room. In unit laundry along with common laundry as well. One car garage parking; walk-in storage bay in bsmt; common grounds area for barbecuing and relaxing. Simply move right in and enjoy that which Melrose has to offer

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,378 sq ft
Total Rooms
8
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $407,000
Difference: +$7,100 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $295
This property sold for $295 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$295/sq ft
Area Average
$299/sq ft
Difference
1.5%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,378 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Steam, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Common Area, In Unit, Electric Dryer Hookup
Features Bonus Room, Office

Exterior

Construction Stone
Architecture None
Roof None
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Storage, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $3,604
Assessed Value $318,100

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bonus Room, Office
Windows: Insulated Windows
Basement: Y
Laundry: Common Area, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type: Mid-Rise
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Storage, Deeded

Location

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Neighborhood

569 Franklin St # 6, 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
A
Roosevelt School
0.2 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
Early Childhood Center
0.4 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.7 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

2 schools
A-
Melrose Middle School
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
1.7 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

2 schools
A-
Stoneham High School
1.0 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
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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 $300
Homeowners Insurance $200
HOA Fee $546/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

99.1%
Price Range
41
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73518432
Full transaction history available when tracking began
🏡
Currently Listed
May 13, 2026
$4,250
MLS #73518432 - Active
Previous Transaction - MLS #72876583
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 23, 2021
$490,000
MLS #72876583
Sold
Sep 13, 2018
$407,000
Property sold
Days on Market: 41
🏠
Listed for Sale
Aug 1, 2018
$399,900
Original listing
Agent: Prestige Homes Realty Team Office: Prestige Homes Real Estate, LLC

Price & Status History

Date Event Price Change
May 13, 2026 Sold $4,250
Sep 23, 2021 Sold $490,000
Aug 1, 2018 New Listing Added $399,900

Market Statistics

Days on Market
18 days
Price per Sq Ft
$295

Tax History

Year Taxes Assessment
2018 $3,604 $318,100

Financial Details

Annual Property Tax
$3,604
Tax Year 2018
HOA Fee
$546
Monthly
Assessed Value
$318,100

Listing Information

Listing Agent Prestige Homes Realty Team
Listing Office Prestige Homes Real Estate, LLC
Agent MLS ID TM309863
Office MLS ID AN2615
Listing Data Updated Sep 14, 2018 1:10 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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